Pagan's historic temples offer a peek at the heavens

Article Abstract:

Pagodas built in honor of Buddha in Pagan, Burma, are among the most popular tourist attractions in Southeast Asia. The shrines, numbering about 2,000, are believed to have been erected during the 11th century, when Pagan was still Burma's capital. These temples were built by the Burmese aristocracy in the belief that Buddha will grant them a blissful second life if they do so. Pagan had about 13,000 shrines by the middle of the 13th century, but natural and manmade disasters have wiped out all but a few thousands.

History, Appreciation, Religious buildings, Pagodas, Buddhist shrines, Pagan, Myanmar

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Global fund managers see India as potential cash cow

Article Abstract:

Many foreign fund managers are increasing their holdings in India in anticipation of the country's emergence as the next major investment market. Many managers believe that India's economic growth will come in the near future despite its prevailing political instability and failure to initiate major economic reforms. As proof of India's potential for growth, most of the funds that are looking for investments are those which were not set up to invest in the country.

Investment Offices, Investment Companies, Open-End Investment Funds, Forecasts and trends, Economic development, Mutual funds

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U.S. tobacco companies target India, counting on a shift to cigarette smoking

Article Abstract:

US tobacco companies R.J. Reynolds Tobacco Co. and Philip Morris Companies Inc. are entering the Indian market. R.J. Reynolds has a joint venture with Modipon Fibers Co. to produce local and international cigarette brands. On the other hand, Philip Morris plans to launch its Marlboro brand through its joint venture with Godfrey Phillips India Ltd. There are about 200 million Indians who consume tobacco, but only 12.5% of them are cigarette smokers.

Cigarettes, Cigarette Manufacturing, Foreign operations, Tobacco industry, R.J. Reynolds Tobacco Co., MO, Altria Group Inc.

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