AsiaPulse News back issues from March 2007:
MARCH PLASMA IMPROVES THROUGHPUT OF PCB PLASMA TREATMENT SYSTEM.
Mar 01, 2007 ... (Full text of a statement. Contact details follow below.) CONCORD, Calif., Feb. 28 /PRNewswire-AsiaNet/ -- March Plasma Systems announced today the release of improved PCB panel pre-etch conditioning technology. With this new technology the company's industry proven ...
STOCKS - INDIA'S BSE CLOSES DOWN, FEB 28, 2007.
Mar 01, 2007 ... MUMBAI, Feb 28 Asia Pulse - The stock market gave a virtual thumbs down to the Union Budget of India and the benchmark BSE Sensex crashed 541 points to end below the 13,000-point mark on Wednesday in highly volatile trading on selling by funds and investors. ...
FOREX - US DOLLAR ENDS FIRMER AGAINST RUPEE - FEB 28, 2007.
Mar 01, 2007 ... MUMBAI, Feb 28 Asia Pulse - The US Dollar ended dearer against the Rupee Rs 44.28 per dollar but the Pound Sterling finished lower at Rs 86.66 per pound at the ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - MARCH 1, 2007.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - Highlights of today's newspapers: THE AUSTRALIAN FINANCIAL REVIEW: - Slashing government regulation and boosting productivity and competition could lift output by more than 10 per cent and generate an extra $100 billion over the next 25 ...
AUSTRALIA'S MANUFACTURING GROWTH UP IN FEBRUARY.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - Growth in Australia's manufacturing industry improved in February, but business conditions remain tough, new figures show. An improvement in the two largest sectors of the the Australian Industry Group - PricewaterhouseCoopers Australian Performance ...
BHP SEES NO IMMEDIATE THREAT FROM SYNTHETIC DIAMONDS.
Mar 01, 2007 ... MELBOURNE, March 1 Asia Pulse - BHP Billiton Ltd (ASX:BHP) has not yet seen any real competition from synthetic diamonds, but it does expect the man-made stones to eventually have an impact on demand for the real thing. "No, we have not seen any impact from synthetics," said ...
TAIWAN SEES GROWTH IN EXECUTIVE AIR TRAVEL TO CHINA.
Mar 01, 2007 ... TAIPEI, March 1 Asia Pulse - Thanks to a brisk Chinese economy and anticipated direct charter flights across the Taiwan Strait, growth in Taiwan's executive air travel market is in sight, Civil Aeronautics Administration (CAA) officials forecast Wednesday. The officials ...
TAIWAN'S SOLAR CELL OUTPUT TO TOP US$605 MLN BY 2010: ACADEMIC.
Mar 01, 2007 ... TAIPEI, March 1 Asia Pulse - The total production value of Taiwan's solar cell industry is estimated to top NT$20 billion-NT$25 billion (US$ 605 million-US$757 million) by 2010, a four-fold expansion compared with the present value, academic sources said Wednesday. Officials at ...
TAIWAN'S FISHERIES ADMINISTRATION TO RELOCATE TO SOUTH.
Mar 01, 2007 ... TAIPEI, March 1 Asia Pulse - The Fisheries Administration under the Cabinet-level Council of Agriculture is preparing to relocate its headquarters from Taipei to southern Taiwan in line with the government's policy of bolstering fishery development in the country. Fisheries ...
RUSSIAN LOANS TO BANKROLL INDONESIA'S SUKHOI JET PURCHASE.
Mar 01, 2007 ... PEKANBARU, RIAU, March 1 Asia Pulse - The Indonesian Air Force (TNI AU) on Wednesday denied a press report that the planned purchase of six more Sukhoi jet fighters will use Australian loans. "The loans used for the purchase of Sukhoi planes will come from the Russian ...
AUSTRALIA'S COMPUTERSHARE TO SPEND US$25 MLN TO BUY TWO US FIRMS.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - Share registry operator Computershare Ltd (ASX:CPU) is spending about $US25 million to snap up two businesses in North America and is looking for more targets. The company announced plans today to buy the corporate trust assets of TD Bank Financial ...
INDIA HIKES DEFENCE BUDGET BY 7.8 PCT TO US$21.7 BLN.
Mar 01, 2007 ... NEW DELHI, March 1 Asia Pulse - Continuing its drive to modernise the armed forces, the Indiangovernment on Wednesday hiked the defence budget for 2007-08 to Rs 960 billion (US$21.7 billion), an increase of 7.8 per cent over the current fiscal's outlay. The increase was Rs 100 ...
BOMBAY STOCK MARKET SHARPLY DOWN ON BUDGET MEASURES.
Mar 01, 2007 ... MUMBAI, March 1 Asia Pulse - The stock market reacted sharply down to Finance Minister P Chidambaram's Budget for 2007-08, as the benchmark Sensex tanked over 529 points to again slip below the 13,000 level. The wide-based NSE index Nifty plunged by 132 points at 3,762.05. ...
MOSER BAER FORGES SOURCING TIE-UP WITH DEUSTCHE SOLAR.
Mar 01, 2007 ... MUMBAI, March 1 Asia Pulse - Optical storage device maker Moser Baer India (BSE:517140) on Wednesday said its wholly-owned subsidiary Moser Baer Photo Voltaic Ltd (MBPV) has tied up with Germany's DeutscheSolar for procuring silicon wafers. "This arrangement will ensure that we ...
EDUCATION, HEALTHCARE MAIN FOCUS OF INDIAN BUDGET 2007-08: PM.
Mar 01, 2007 ... NEW DELHI, March 1 Asia Pulse - Prime Minister Manmohan Singh on Wednesday said the prime focus of the Union Budget 2007- 08 was on education and healthcare as he reaffirmed his government's commitment on increasing the spending on the social infrastructure. He said the budget ...
INDONESIA TO HIKE CIGARETTE PRICES FROM TODAY.
Mar 01, 2007 ... JAKARTA, March 1 Asia Pulse - The government is set to raise cigarette retail prices by 7 per cent from today, under the Finance Minister's Regulation No.118/PMK.04/2006. "As a follow up to the regulation, Director General for Customs and Excise Anwar Suprijadi has issued a ...
STOCKS - AUSTRALIAN BOURSE BEGINS FIRMER - MARCH 1, 2007.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - The Australian share market has followed Wall Street to begin recovering from yesterday's horror as investors sift through the wreckage in search of bargains. At 1015 AEDT, the benchmark S&P/ASX200 index gained 12.1 points to 5844.6, while the all ...
CORPORATE INDIA DISAPPOINTED BY BUDGET.
Mar 01, 2007 ... NEW DELHI, March 1 Asia Pulse - Indian industry on Wednesday expressed disappointment over Finance Minister P Chidambaram's Budget for 2007-08, raising concerns on lack of measures to increase productivity and for losing an opportunity to provide relief to the corporate sector. ...
FOREX - RINGGIT ENDS WEAKER AGAINST US DOLLAR - FEB 28, 2007.
Mar 01, 2007 ... KUALA LUMPUR, Feb 28 Asia Pulse - The ringgit closed at 3.5000/5020 against the U.S. dollar on ...
HIGHLIGHTS OF INDIA'S BUDGET 2007-08.
Mar 01, 2007 ... NEW DELHI, March 1 Asia Pulse - Following are the highlights of the Budget for 2007-08 presented in Parliament by Finance Minister P Chidambaram Wednesday: * No change in personal, corporate, service tax rates * Threshold limit for income tax exemption increased by Rs ...
NEWS LTD TO LAUNCH FREE TABLOID NEWSPAPER MX IN BRISBANE.
Mar 01, 2007 ... BRISBANE, March 1 Asia Pulse - Brisbane is to get a free afternoon newspaper from this Monday. The tabloid-format newspaper mX will be available from about 90 distribution points around Brisbane's CBD from 2.30pm (AEST) Monday to Friday. The mX brand has been ...
INDIA EXTENDS SUBSIDY ON FUEL, GIVES TAX BREAKS FOR PIPELINES.
Mar 01, 2007 ... NEW DELHI, March 1 Asia Pulse - Finance Minister P Chidambaram Wednesday extended Government subsidy on domestic LPG and kerosene for an indefinite period, while providing the much-awaited tax breaks for cross-country natural gas pipelines. Chidambaram, in his Budget for ...
FLIGHT CENTRE STOCKS CRASH 16% AFTER MANAGEMENT BUYOUT SHELVED.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - Shares in travel agency Flight Centre (ASX:FLT) have plunged almost 16 per cent today after shareholders voted against a $A1.6 billion ($US1.26 billion) proposed management buyout. At 1016 AEDT, the price dropped 13.26 per cent or $A2.29 ($US1.80) to $14.60. ...
STOCKS - BSE REGAINS 13 K LEVEL ON BUDGET MOVES- FEB 28, 2007.
Mar 01, 2007 ... MUMBAI, Feb 28 Asia Pulse - The benchmark BSE Sensex regained the 13,000-point level with a recovery of more than 425 points from the morning low on emergence of buying in stocks of pharma, education and agriculture segments. The Sensex, which tumbled 678 points to below 13,000 ...
GLOBAL EMS ALLIANCE BETS BIG ON INDIA AS CENTRALISED DESIGN HUB.
Mar 01, 2007 ... BANGALORE, March 1 Asia Pulse - The EMS (electronics manufacturing services) Global Alliance on Wednesday said it is targeting a combined sales of US $1 billion by 2009 as it bets big on India as a centralised design hub. The EMS Alliance, which currently has sales of US$600 ...
INDIA'S DOT ASKED TO WORK OUT UNIFIED TAX STRUCTURE FOR TELCOS.
Mar 01, 2007 ... NEW DELHI, March 1 Asia Pulse - India Finance Minister P Chidambaram on Wednesday asked Department of Telecom to commission a study for working out a unified tax structure for the sector. At present, total levies in the telecom sector, including the annual revenue share, that ...
INDIA EARMARKS US$113 MLN FOR COMMONWEALTH GAMES.
Mar 01, 2007 ... NEW DELHI, March 1 Asia Pulse - An allocation of Rs 5 billion (US$113.2 million) for the Commonwealth Games, to be held in the capital in 2010, was announced on Wednesday in the Union budget, besides a higher allocation of Rs 1.11 billion for the Sports and Youth Affairs Ministry. ...
INDIA SETS UP SINGLE DEP'T FOR AID TO DEVELOPING NATIONS.
Mar 01, 2007 ... NEW DELHI, March 1 Asia Pulse - With India poised to play a greater role in world affairs, Government on Wednesday announced setting up of a department specifically for extending funds to other developing countries for their development. The External Affairs Ministry was ...
KOREAN LAWMAKERS TO PASS BILL FOR STABILIZING HOUSING PRICES.
Mar 01, 2007 ... SEOUL, March 1 Asia Pulse - Lawmakers agreed to pass a bill on Wednesday that is expected to help stabilize runaway housing prices that have fueled real estate bubble concerns in the past few years. Members of the National Assembly's construction and transportation subcommittee ...
HONG KONG NEWSPAPER HIGHLIGHTS - MARCH 1, 2007.
Mar 01, 2007 ... HONG KONG, March 1 Asia Pulse - Highlights of today's newspapers: SOUTH CHINA MORNING POST: - The finance chief yesterday disclosed the biggest giveaway budget since the handover, using a windfall budget surplus to hand out a HK$20 billion package that includes tax ...
CURAM SOFTWARE EXPANDS FOOTPRINT IN ASIA PACIFIC REGION.(Company overview)
Mar 01, 2007 ... (Full text of a statement. Contact details below.) ( BW)(VA-CURAM-SOFTWARE) Curam Software Expands Footprint in Asia Pacific Region with New Executive Appointments David Lane Named Vice President of Services; Hannah Baudert Named Director of Business Development; Ian Yates Named ...
EQOS OPENS OFFICE IN HONG KONG.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) ( BW)(MA-EQOS) Eqos Opens Office in Hong Kong Asian Presence Designed to Provide Local Support to Retail Customers Business Editors BURLINGTON, Mass.--(BUSINESS WIRE)--Feb. 28, 2007--Eqos, Inc. ...
CHINESE GOVT DENIES RUMORS ABOUT LEVY OF "CAPITAL GAINS TAX".
Mar 01, 2007 ... BEIJING, March 1 Asia Pulse - The Chinese government denies that the country will start to levy "capital gain taxes" on stock investors in the near future, according to Xinhua-run Shanghai Securities News. Government officials with the Ministry of Finance (MOF) also warned that ...
STOCKS - TOKYO BOURSE OPENS WEAKER - MARCH 1, 2007.
Mar 01, 2007 ... TOKYO, March 1 Asia Pulse - Japanese stocks began 0.37 per cent weaker Thursday, with the ...
HELICOS BIOSCIENCES FILES REGISTRATION STATEMENT FOR IPO.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) Helicos BioSciences Files Registration Statement for Initial Public Offering of Common Stock CAMBRIDGE, Mass.--(BUSINESS WIRE)--Feb. 28, 2007--Helicos BioSciences Corporation today announced it has filed a ...
BRITISH AMBASSADOR PRAISES INDIA'S EFFORTS TO REDUCE POVERTY.
Mar 01, 2007 ... LONDON, March 1 Asia Pulse - Praising the Union Budget of India for the 2007-08 financial year, NRI industrialist Lord Swraj Paul on Wednesday, said a lot more has to be done to help the common man and improve the lot of children in India. "Though the allocation for ...
PLATTS ADDS TURKISH PLASTICS TO GLOBAL SUITE OF PRICE BENCHMARKS.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) Platts Adds Turkish Plastics to its Global Suite of Price Benchmarks LONDON, March 1 /PRNewswire-AsiaNet/ -- Platts, the world's leading energy and commodity information provider, today began publishing ...
MARVELL SHOWS SUPPORT FOR MICROSOFT NETWORK ACCESS PROTECTION.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) Marvell Announces Support for Microsoft Network Access Protection Technology SANTA CLARA, Calif., Feb. 28 /PRNewswire-AsiaNet/ -- Marvell Total Solution (MTS) Product Line Extends Enterprise Security For ...
DE SHAW GROUP HIRES HEAD OF PRIVATE EQUITY UNIT GREATER CHINA.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) D.E. Shaw Group Hires Head of Private Equity Unit for Greater China Business Editors HONG KONG--(BUSINESS WIRE)--Feb. 28, 2007--The D.E. Shaw group announced today that Liang Meng will be joining the firm ...
EFMD'S EQUIS ACCREDITATION CELEBRATES 10 YEARS.
Mar 01, 2007 ... (Full text of a statement. Contact details follow below.) 100 Plus Business Schools, 30 Countries and 1 Goal -- Raising the Level of International Business Education BRUSSELS, Feb. 28 /PRNewswire-AsiaNet/ -- EQUIS Has Now Accredited 105 Business Schools. ...
CONTROL SOLUTIONS LAUNCHES CONSULTING PRACTICE IN JAPAN.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 28, 2007--Control Solutions International, the leading global provider of independent internal audit, compliance, risk management and technology solutions, announced ...
BHP EXPECTS 2008 FEASBILITY STUDY ON MOZAMBIQUE TITANIUM PROJECT.
Mar 01, 2007 ... MELBOURNE, March 1 Asia Pulse - BHP Billiton (ASX:BHP) expects its Corridor Sands titanium project in Mozambique to move to a feasibility study in the 2008 calendar year. Diamonds and specialty products customer sector group president Alberto Calderon told a briefing in Sydney ...
CORR: BRITISH TYCOON PRAISES INDIAN POVERTY REDUCTION MEASURES.
Mar 01, 2007 ... (Corrects headline and first paragraph) LONDON, March 1 Asia Pulse - Praising the Union Budget of India for the 2007-08 financial year, non-resident Indian industrialist Lord Swraj Paul on Wednesday, said a lot more has to be done to help the common man and to improve the lot of ...
AUST INVESTMENT SPENDING SURPISINGLY WEAK IN DEC QTR: ECONOMISTS.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - Investment spending in the December quarter was surprisingly weak, suggesting some downside risk to next week's national accounts figures, economists say. New private capital expenditure rose 1.0 per cent in real terms, seasonally adjusted, in the ...
US DRILLING SERVICES CONTRACTOR TO LAUNCH IPO ON ASX.
Mar 01, 2007 ... PERTH, March 1 Asia Pulse - US drilling services contractor Boart Longyear Ltd plans to raise up to $A2.7 billion ($US2.12 billion) through a public sale of shares and list on the Australian stock exchange. Boart said the initial public offer (IPO) to retail and institutional ...
SINGAPORE NEWSPAPER HIGHLIGHTS - MARCH 1, 2007.
Mar 01, 2007 ... SINGAPORE, March 1 Asia Pulse - Highlights of today's newspapers: THE STRAITS TIMES: - Fall in durable goods orders the real reason for concern in US. - Frenzied trading on the Singapore Exchange (SGX) yesterday, as investors reacted to the global ...
SEMICONDUCTOR-DEVICE VETERAN TO GUIDE DEVICE EVOLUTION FOR SRC.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) Semiconductor-Device Veteran, Author of `Ultimate Resources' for IC Components, to Guide Device Evolution for Global Semiconductor Research Consortium (SRC) Work in Asia, Including China, Korea and Japan Dr. Ng a ...
ECO-ROADSTER: ATTRACTIVE, FAST, POWERFUL AND VIRTUALLY CO2-FREE.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) Eco-roadster: Attractive, Fast, Powerful - and Virtually CO2-free Rinspeed and Bayer MaterialScience build transparent concept car "eXasis" "Environmentally friendly cars need not be an exercise in self-denial" ...
S. KOREA REGISTERS 11.3 PCT RISE IN EXPORTS IN FEBRUARY.
Mar 01, 2007 ... SEOUL, March 1 Asia Pulse - South Korea's exports grew at double digits for the 13th straight month in February, fuelled by strong overseas demand for LCD panels, semiconductors, petrochemicals and steel, a government report said Thursday. Overseas shipments grew 11.3 per cent ...
BANGLADESH TO HIKE POWER PRICES FOR URBAN RESIDENTS FROM TODAY.
Mar 01, 2007 ... DHAKA, March 1 Asia Pulse - A 5 per cent increase in electricity tariffs for urban consumers comes into effect today. According to a decision taken by the caretaker government on February 6, the 5 per cent tariff will only apply to consumers living in urban areas and using over ...
CONAGRA FOODS ANNOUNCES TEST FINDS SALMONELLA IN PEANUT BUTTER.
Mar 01, 2007 ... (Full text of a statement. Contact details below.) ConAgra Foods Announces Test Finds Salmonella In Its Peanut Butter OMAHA, Neb., Feb. 27, 2007 (PRIME NEWSWIRE) -- ConAgra Foods announced today that testing by some U.S. states has detected the presence of salmonella ...
STOCKS - AUSTRALIAN BOURSE FIRMER TO NOON - MARCH 1, 2007.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - The Australian Share Market continued to gain upward momentum at noon today as it continued to make a slight comeback from yesterday's dramatic slide in stock prices. At 1200 AEDT, the benchmark S&P/ASX200 index gained 24.1 points to 5856.6 while the ...
FOREX - RINGGIT OPENS WEAKER AGAINST US DOLLAR - MARCH 1, 2007.
Mar 01, 2007 ... KUALA LUMPUR, March 1 Asia Pulse - The ringgit opened at 3.5005/5025 against the U.S. dollar on ...
AUSTRALIA'S COLONIAL RESOURCES DEBUTS ON ASX AT PREMIUM.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - Perth-based gold explorer Colonial Resources Ltd (ASX:CLN) has debuted on the Australian stock exchange at a five per cent premium following a $A2.8 million ($US2.2 million) float. Shares in the company began trading at 21 cents, up one cent on the ...
AUSTRALIAN GOVT TO STUDY IMPACT OF PROPOSED QANTAS SALE.
Mar 01, 2007 ... CANBERRA, March 1 Asia Pulse - The federal government has agreed to set up an inquiry into the impact of the proposed Qantas (ASX:QAN) sale on the airline's subsidiary, Jetstar. Government senators today backed a parliamentary committee's recommendation for an inquiry to examine ...
STOCKS - SINGAPORE SHARES UP IN EARLY TRADE - MARCH 1, 2007.
Mar 01, 2007 ... SINGAPORE, March 1 Asia Pulse - Singapore shares were higher in early trade, with the ...
STOCKS - MALAYSIAN SHARES LOWER IN EARLY TRADE - MARCH 1, 2007.
Mar 01, 2007 ... KUALA LUMPUR, March 1 Asia Pulse - The Malaysian sharemarket was weaker in early trade, with the Kuala Lumpur Stock ...
AUSTRALIA'S CENTRO SET TO EXPAND PRESENCE IN US.
Mar 01, 2007 ... SYDNEY, March 1 Asia Pulse - Australia's Centro Properties Group (ASX:CNP) will become the fifth largest manager of US shopping centres under a $US5 billion ($A6.36 billion) deal to buy American shopping centre investor New Plan Excel Realty Trust. International shopping centre ...
MALAYSIAN NEWSPAPER HIGHLIGHTS - MARCH 1, 2007.
Mar 01, 2007 ... KUALA LUMPUR, March 1 Asia Pulse - Highlights of today's newspapers: BUSINESS TIMES: - Malaysian and regional stock markets fell sharply for the second day yesterday following a major sell-off in China on Tuesday which spread across markets worldwide. - ...
MALAYSIA WANTS MORE LIBERAL AVIATION ARRANGEMENT WITH SINGAPORE.
Mar 01, 2007 ... PUTRAJAYA, March 1 Asia Pulse - Malaysia wants more liberal aviation arrangement with Singapore, Transport Minister Chan Kong Choy said Wednesday. Chan said he would bring up the matter with his Singaporean counterpart, Raymond Lim during their bilateral meeting in Singapore in ...
INDONESIAN NEWSPAPER HIGHLIGHTS - MARCH 1, 2007.
Mar 01, 2007 ... JAKARTA, MARCH 01 Asia Pulse - Highlights of today's newspapers: KOMPAS - Three civilians were killed and 14 others and six police officers were injured in clashes Wednesday in Banggai in the regency of Banggai, Central Sulawesi, over the decision of the district ...
MALAYSIA'S SC SIGNS PACT WITH VIETNAM COUNTERPART.
Mar 01, 2007 ... KUALA LUMPUR, March 1 Asia Pulse - The Securities Commission (SC) and the State Securities Commission of Vietnam (SSC Vietnam) have signed a memorandum of understanding (MoU) in an effort to enhance cooperation and collaboration. The pact inked Tuesday established a framework ...
STOCKS - HONG KONG STOCKS START WEAKER - MARCH 1, 2007.
Mar 01, 2007 ... HONG KONG, March 1 Asia Pulse - Hong Kong stocks started 0.36 per cent weaker on Thursday, with ...
S KOREA TO PUSH ARMS REDUCTION MEASURES IN TALKS WITH N KOREA.
Mar 01, 2007 ... SEOUL, March 1 Asia Pulse - In a prelude to establishing a permanent peace regime on the Korean Peninsula, South Korea has decided to seek arms control talks with North Korea this year. Seoul's plan was included in the detailed report for 2007 by the Unification Ministry released on Feb ....
PYONGYANG COMMISSIONS JOINT VENTURE FOR MICRO-CREDIT.
Mar 01, 2007 ... SEOUL, March 1 Asia Pulse - North Korea commissioned a financial joint venture with an Australia-based trust company to give micro-credits to local businesses. The North's state-run Korean Central News Agency (KCNA) said on Feb. 23, "A ceremony for commissioning (North) Korea ...