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Financing of Tech Startups in Selected Asian Countries

Tech startups rely on an array of financing sources, and venture capital is not a common source.




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The Determinants of Participation in Global Value Chains: A Cross-Country, Firm-Level Analysis

High labor productivity, a large firm size, foreign ownership, and high technological capability are important for a firm to participate in global value chains.




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Foreign-Currency Exposures and the Financial Channel of Exchange Rates: Eroding Monetary Policy Autonomy in the Asia and Pacific Region?

Foreign-currency exposures on an economy’s external balance sheet may jeopardize financial stability when the exchange rate depreciates.




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Role of Regional Cooperation and Integration in Improving Energy Insecurity in South Asia

Energy security is a nation’s ability to meet the energy needs of its inhabitants uninterruptedly at an affordable price.




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Reflections on the Development of Regional Financing Arrangements: Experience from Europe

The European experience could be useful to inspire the future evolution of the Chiang Mai Initiative Multilateralization in the ASEAN+3 membership.




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Regulatory Frameworks for Reforms of State-Owned Enterprises in Thailand and Malaysia

Regulatory reforms should focus on building up market competition, which indirectly forces state-owned enterprises to improve their operation toward efficiency.




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Evolution of ASEAN Financial Integration in the Comparative Perspective

ASEAN could learn from the European Union’s experience, particularly under the current global challenges.




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Limited Impact of Business Development Programs on Profitability in the Presence of Ambiguity Aversion

This paper presents an analysis of business development programs (BDPs) based on a theoretical framework aimed at understanding the mixed effect of business training on entrepreneurs.




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Peer Effect, Political Competition, and Eco-Efficiency: Evidence from City-Level Data in the People’s Republic of China

A well-designed evaluation system can be effective in motivating bureaucrats to shift their efforts toward a more environmentally friendly growth path.




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The Effects of Privatization and Corporate Governance of SOEs in Transition Economy: The Case of Kazakhstan

Privatization has different effects depending on the types of owners to whom it gives control in corporate governance.




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The Real-Time Impact on Real Economy—A Multivariate BVAR Analysis of Digital Payment Systems and Economic Growth in India

Financial sector development can play a crucial role in driving economic growth.




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Strategic Environmental Regulation and Inbound Foreign Direct Investment in the People’s Republic of China

Even though the central government issues strict regulation policies, it is the local governments’ discretion to adjust and enforce compliance.




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MCHP Declares Dividend of 3670 Cents per Share

MCHP Declares Dividend of 3670 Cents per Share




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MCHP Declares Dividend of 3675 Cents per Share

MCHP Declares Dividend of 3675 Cents per Share




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Steep rentals, lack of quality retail real estate making it tough for luxury brands to expand business in India

MUMBAI/DELHI: Niche luxury brands like Italian suit maker Kiton and British shoemaker John Lobb have started bespoke made-to-order services in India, but they are in no hurry to open swanky stores in the country. Reason: inability to find a place on the right location at reasonable rates. “Rentals in India are as high as international markets, but the demand is not as much,” said Pratik Dalmia, founder of Mumbai-based Regalia Luxury, which has the rights to market and sell Kiton and John Lobb brands in India. Steep rentals and lack of quality retail real estate at strategic locations near high-income neighbourhoods are making it hard for luxury brands to expand […]




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Office rentals may rise by 25 per cent says Cushman & Wakefield

NEW DELHI: One would imagine that office rents would go down with a strong bounceback in demand for space from corporates. Pure economics, one would think? Not really. Office rentals are likely to climb up in the coming months because of a shortage of quality spaces in key business districts around the country. “In certain key locations, rentals could go up 20-25 per cent in the next 12 months,” says Sanjay Dutt, executive managing director for South Asia at property consultancy Cushman & Wakefield. The situation has been brought on by the fact that most developers and even private equity players have chosen to focus on the residential property market […]




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MNCs increasingly prefer buying to leasing office space

MUMBAI/BANGALORE: Multinational companies are increasingly buying properties to set up their offices instead of leasing offices as they preferred for years, marking a strategic shift that signals the growing importance of the Indian market and the long-term commitment of the global firms. Foreign firms including GlaxoSmithKline Pharma, Sanofi Aventis, Adobe, Honeywell, SanDisk and Amazon have recently bought office space in India. MNCs accounted for 35% of total commercial asset sales in the country in the first three months of 2014, according to a report by real estate services firm Cushman & Wakefield. In 2012, MNCs contributed as much as 60% to the total commercial asset sales, backed by two deals […]




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State PWD divides work zones for better monitoring of projects

KOLKATA: The state Public Works department (PWD) have divided all its circles into three zones – North, West and South for better supervision and monitoring of development projects of various government department entrusted to PWD all over the state. The PWD authorities were mulling on the plan to reorganise all its circles with the aim to implement the concept of coming up with three zones – North zone, West zone and South zone – so that the authorities can properly monitor and supervise all development projects that have been entrusted on them by the other departments. The PWD has several circles under the PWD road division, national highway and state […]




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Valuation of property rationalised

Bengal has rationalised property valuation by doing away with the discrepancies between the registration authorities and their actual market value. The move comes into effect across Kolkata and suburbs , sources in real estate body Credai said. Earlier, the registered value of a property was anywhere between 10 and 50 per cent higher than the prevailing market rate. The difference between the market rate and the registered value was deemed as income and taxed. “As a result of this discrepancy many people were either holding back their purchases or not registering their properties ,” Harsh Patodia, President, CREDAI-Bengal, said. http://www.thehindubusinessline.com/news/credai-hails-rationalisation-of-property-valuations-in-bengal/article5614557.ece




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Howrah Municipal Corporation announces partial waiver of property and commercial tax

HOWRAH: With an eye on boosting revenue, the Howrah Municipal Corporation announced a partial waiver for property and commercial tax on Tuesday. Under the waiver scheme, no penalty or interest need to be paid. The KMC has already enforced such a scheme and has benefited greatly, said Howrah mayor Rathin Chakraborty. He said the last board, controlled by the Left Front, bungled in tax collection, resulting in tax default of around Rs 200 crore. “The state is supporting us, but we must be self-sufficient. The tax outstanding will be collected without burdening civilians,” the mayor added. http://timesofindia.indiatimes.com/city/kolkata/Howrah-Municipal-Corporation-announces-partial-waiver-of-property-and-commercial-tax/articleshow/31431111.cms




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4,000 sq ft land in Warje freed of encroachments

PUNE: The Pune Municipal Corporation (PMC) on Saturday demolished illegal constructions spread over 4,000 sq ft in Warje. Civic officials said these included residential and commercial establishments. The premises in the side and front margins were occupied without permission from the civic administration. In February, the civic administration had acted against encroachments in Ambegaon, Bavdhan and Yerawada. Illegal constructions over 1,432 sq ft, 9,000 sq ft and 4,632 sq ft, receptively were demolished in the drive. The civic body has acted against over 3,300 illegal constructions in the last year. As part of the drive, illegal sheds and houses built in concrete on an area of 22 lakh sq ft […]




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Indian Property Market Takes A Small Step Out of the Shadows

Few that have bought or even rented real estate in India would be surprised by a recent survey showing the property market here can be maddeningly murky. Jones Lang LaSalle’s Global Real Estate Transparency Index showed that while things have improved, Indian cities still have to work on transparency. The Chicago-based real-estate consultant said India needs to go further to create more clarity on the rules connected to property purchases and real estate prices. “India still scores among the lowest in the transparency of its transaction process,” the report said. Jones Lang LaSalle looked at just over 100 markets around the world and rated them on a dozen parameters ranging […]




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Eight Breakthrough Audio and Software Products from HARMAN Win 2014 CES Innovation Awards

STAMFORD, CT – HARMAN, the award-winning maker of outstanding audio and entertainment solutions, announced today that eight new products have been named CES Innovation Award winners for 2014. The awards were presented by the Consumer Electronics Association (CEA®), producer of the International Consumer Electronics Show (CES), the world’s largest consumer technology tradeshow. Products from HARMAN’s JBL, Harman Kardon, Infinity, AKG, and Aha brands were recognized for outstanding design and engineering in consumer electronics.




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New Infinity BassLink Compact Under Seat Subwoofer Brings Bass Performance for Automobiles

CES 2015, LAS VEGAS – HARMAN, the premium global audio, visual, infotainment and enterprise automation group (NYSE:HAR), introduced today at CES 2015 the Infinity® BassLink SM, the latest subwoofer in the BassLink line. The compact under seat subwoofer is designed to reinforce the low-end bass performance in vehicles and put the richness back into the music.




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HARMAN’s Infinity® Reference Speakers and Amplifiers Offer Accurate, High-Performance Sound

CES 2016, LAS VEGAS – Today, HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, announced the newest version of Infinity® Reference Speakers and...




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Harman Unveils Next Generation of Infinity® Kappa™ Series Subwoofers

CES 2016, Las Vegas – Today, HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, announced the next generation of the Infinity® Kappa Series Subwoofers. The...




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INFINITY® Unveils Next Generation BassLink DC Subwoofer System

CES 2017, Las Vegas – January 4, 2017 - Today, HARMAN International Industries, Incorporated (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, announced the Infinity BassLink DC compact powered ...




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HARMAN signs agreement to acquire entertainment lighting company Martin Professional

STAMFORD, CT – HARMAN, the global premium audio and infotainment group (NYSE:HAR), said today that it has reached an agreement to acquire Martin Professional A/S of Denmark, a world leading provider of lighting solutions for the entertainment, architectural, and commercial sectors, for EUR 110 million. The deal is subject to regulatory approvals and customary closing conditions, and is expected to close early in 2013.




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HARMAN Completes Acquisition of Entertainment Lighting Company Martin Professional

STAMFORD, CT – Continuing its strategy of delivering exceptional professional audio and entertainment products to markets worldwide, HARMAN, announced today it has completed its acquisition of Martin Professional A/S of Denmark. Martin is a world leading provider of lighting solutions for the entertainment, architectural, and commercial sectors, and its acquisition advances HARMAN’s capacity to serve customers in a wide variety of applications and geographic markets with the most advanced, highly integrated AV and lighting systems.




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Reinventing the Art of Hospitality with AI

Digital innovations are shaking up the hospitality industry with the help of technologies such as artificial intelligence that are unlocking new and better customer touch points and experiences. When hospitality providers deploy AI-powered technologies,...




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Designing Connected Experiences in the Consumer Age: Q&A with HARMAN’s Executive Vice President and Chief Marketing Officer, Ralph Santana

Today’s companies see the importance of design as more consumers demand elegance alongside flawless functionality and exceptional user experience. As a company that has created countless ingenious product designs in different markets all over the ...




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HARMAN Professional Solutions Announces AKG DMS Series Secure Digital Wireless Systems

CES 2019, LAS VEGAS – JANUARY 7, 2019 – HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, today announced new AKG DMS100 and DMS300 professional digital wireless systems.




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HARMAN Professional Solutions Cranks Up the Volume with NAMM and CES 2020

HARMAN charmed scores of musicians and audiophiles at the start of the new decade with yet another successful appearance at events like NAMM and CES 2020. From all-star meet and greets to the debut of HARMAN’s Professional Solutions latest and greatest...




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JBL Brings ‘Sounds of the City’ to Chicago for NBA All-Star 2020

For its 69th edition, basketball enthusiasts across the country gathered in the Windy City and home of the Chicago Bulls, to celebrate the National Basketball Association’s (NBA) annual All-Star Celebration.     As a proud and longstanding partner of...




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JBL® Elevates the Gaming Experience with the Launch of the JBL Quantum Range at CES 2020

CES 2020 – LAS VEGAS, NV – JANUARY 6, 2020 – When it comes to competitive gaming, sound is survival – and JBL knows great sound. Today at CES, the company unveiled the first-ever JBL headset range and PC speaker designed exclusively for gamers, featuring...




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Music brings us together, even in the midst of social distancing

The world has changed – and there may be no going back. In the face of the COVID-19 epidemic, millions of people across the globe have taken up the rallying cry of “stay at home” in...




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HARMAN Receives TATA Motors Supplier of the Year Award

BANGALORE, INDIA – HARMAN International (India) Pvt. Ltd., the premium audio, infotainment and enterprise automation group, was awarded with this year’s TATA Motors Supplier of the Year award at the TATA Motors Annual Supplier’s Conference 2014 held in Mumbai on November 12th. The TATA Motors Supplier of the Year award recognizes the contribution and commitment of its most valued partner and involves a rigorous selection process.




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HARMAN Appoints Pradeep Chaudhry as Country Manager of India Operations

STAMFORD, CT – HARMAN (NYSE:HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced that Pradeep Chaudhry has been appointed Country Manager for its India operations, effective January 1, 2016....




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HARMAN Opens New Software Center of Competence for Lifestyle Audio in India

BENGALURU, INDIA – HARMAN International Industries, Incorporated (NYSE: HAR), the premier connected technologies company for automotive, consumer and enterprise markets, today announced that it has opened a new center of competence (CoC) for HARMAN’s...




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Two Years of Unlocking Potential, Performance and Productivity through HARMAN University

By Dr. Cristina Bettencourt, Head of HARMAN University   At HARMAN, we owe every degree of our success to our talented and dedicated employees. While we already have extraordinary talent across all of our operations, we never stop trying to improve by...




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Preserving the Art of Sound: HARMAN Helps Revive Mumbai’s Iconic Royal Opera House

During the early 1900s, the city of Mumbai witnessed an unprecedented peak in social, artistic, and cultural activity. At the center of this movement was the Royal Opera House, Mumbai, India’s ‘cultural crown jewel’ and only surviving opera house. Built...




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Voices of HARMAN’s Wonderful Women in STEM

March has been an exceptionally exciting month here at HARMAN. Our celebrations of International Women’s Month encompassed inspirational stories across departments, geographies, cultures and continents. Campaigns and programs were successfully launched...




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HARMAN Professional Delights Indian Content Creators and ‘Prosumers’ With A Range of Exciting New Products




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JBL Professional Announces New Entertainment IRX Series Portable PA Loudspeakers at the 2020 NAMM Show

NORTHRIDGE, Calif.—HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, including networked AV, today announced new JBL IRX Series portable PA loudspeakers at the 2020 NAMM show in Anaheim, California. At NAMM,...




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JBL Professional EON ONE Compact Portable PA System Makes Its 2020 NAMM and CES Shows Debut

NORTHRIDGE, Calif.—HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, today announced the new JBL EON ONE Compact portable PA system will be making its 2020 tradeshow season debut at the 2020 NAMM show in...




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JBL Professional Launches One Series 104-BT Desktop Reference Monitors with Bluetooth at 2020 NAMM and CES Shows

NORTHRIDGE, Calif.—HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, today announced new JBL Professional One Series 104-BT and 104-BTW desktop reference monitors with Bluetooth will be making their debut at...




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AKG Announces New K361-BT and K371-BT Professional Studio Headphones with Bluetooth at the 2020 NAMM and CES Shows

NORTHRIDGE, Calif.—HARMAN Professional Solutions, the global leader in audio, video, lighting and control systems, today announced new AKG K361-BT and K371-BT professional studio headphones featuring Bluetooth connectivity at the 2020 NAMM show in...




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#MakeMusic2018: HARMAN Professional Solutions Ambassador Q&A Part Two: Bootsy Collins

At HARMAN, it’s our mission to develop state-of-the-art audio solutions that provide enhanced listening experiences for music lovers at home, on the road, and on-stage. In recognition of Make Music Day 2018, we spoke with William “Bootsy” Collins,...




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Professional Solutions Powers HARMAN's CES Exhibit

At CES 2019, HARMAN is the only vendor powering our entire exhibit. Pro’s Director of Global Marketing & Event Installations discusses how the team does it....




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HARMAN Experts Discuss the Future of Automotive Audio at the 2019 AES International Conference

The car is expected to change more in the next five years than it has in the last fifty. What will the future of automotive audio look like? What challenges will suppliers and OEMs alike face in the coming years? At the upcoming International Conference...