Archive for November, 2008

New Mumbai China Sourcing Fairs attract 13,635 visitors

More than 13,600 importers, retailers, wholesalers, distributors and other volume buyers attended the first annual China Sourcing Fair events in Mumbai Nov. 14-16, 2008. The Fairs were managed by Pico Event Management, under license from Global Sources. The three-day, co-located events China Sourcing Fair: Electronics & Components and China Sourcing Fair: Hardware & Building Materials [...]

Bold Package Urged to Stave Off Rise in Unemployment

An immediate package of measures – centred on a comprehensive programme to boost bank lending, a one-off tax credit targeted at the poor, higher benefit payments to stimulate demand, a public works programme, and an incentive scheme for employers to put workers on shorter hours rather than make them redundant – is needed to stave [...]

Economic Slowdown Hits GPON Market, Report Finds

A drop in new home construction and delays in FTTH deployment will hinder GPON revenues, but the market will continue to grow, says Light Reading Insider A slowdown in new housing construction and delays in deployment of fiber to the home (FTTH) will adversely affect Gigabit passive optical networking (GPON) product revenues over the next [...]

Fannie Mae to Suspend Foreclosures Until January 2009 While Streamlined Modification Program is Implemented

In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 [...]