of logistics.
For instance, Air Service Liberalization, Maritime Transport Liberalization, Rail liberalization, Pipe liberalization
Advantages of liberalization of logistics
Economic performance
Virtuous Cycle
Development
Consumer savings
Faster innovation
Technology transfer
Economic Performance
Economic Success
Services Infra
Logistics
Banking
Gov.
Insurance
increases, 80% of Smartphone users are expected to use LBS (by 2013) and the global market for mobile LBS will increase from $2.1 billion (2009) to $18.3 billion by 2015 with the Compound Annual Growth Rate of 43%. Along with the advancement in mobile technology, research into ways ofdetermining the location of mobile terminals on various kinds of networks has been carried out extensively.
of credit) when the text of the credit expressly indicates that it is subject to these rules. They are binding on all parties thereto unless expressly modified or excluded by the credit.
Article 2 Definitions
For the purpose of these rules:
Advising bank means the bank that advises the credit at the request of the issuing bank.
Applicant means the party on whose request the credit i
of European Banking Supervisors (CEBS) to use the Pillar 2 process to adjust for the compression of probability of default (PD) estimates in internal ratings-based (IRB) capital requirements during benign credit conditions by using the PD estimates for a bank’s portfolios in downturn conditions. Addressing the same issue, the UK Financial Services Authority (FSA) has proposed an approach aimed
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