AsiaPulse News back issues from January 2008:
STOCKS - INDIA'S SENSEX CLOSES UP - DEC 31, 2007.
Jan 01, 2008 ... MUMBAI, Dec 31 Asia Pulse - The year 2007 ended on an optimistic note today with the Bombay Stock Exchange benchmark Sensex closing 80 points higher on good buying support from investors following a firm trend in other Asian markets. The BSE barometer touched an intra-day high ...
NEARLY 50 PCT OF TAIWAN PEOPLE UNHAPPY WITH 2007 INCOMES.
Jan 01, 2008 ... TAIPEI, Jan 1 Asia Pulse - Nearly half of the Taiwanese people responding to a recent poll said they were not satisfied with their income in 2007, according to the results of a survey released by Global Views Monthly magazine Monday. The survey, conducted between Nov. 30 and ...
TAIWAN MINISTRY TO REVIEW NEED FOR GASOLINE PRICE FREEZE.
Jan 01, 2008 ... TAIPEI, Jan 1 Asia Pulse - A decision will be made at the end of January on whether or not to maintain the current price levels for domestic gasoline through February, said Steve R.L. Chen, Taiwan's Minister of Economic Affairs, Monday. Gasoline prices in the country have been ...
BERI RANKS TAIWAN 6TH LOWEST-RISK COUNTRY FOR INVESTMENT.
Jan 01, 2008 ... TAIPEI, Jan 1 Asia Pulse - The U.S.-based Business Environment Risk Intelligence (BERI) rated Taiwan the sixth lowest-risk country for investment in its third quarterly Business Environment Risk Report of 2007. In the BERI report, which evaluates the business environment of ...
NORTH KOREA GREETS NEW YEAR WITH NO NUCLEAR DISARMAMENT.
Jan 01, 2008 ... SEOUL, Jan 1 Asia Pulse - North Korea ushered in a new year on Tuesday, vowing to build up its military but failing to give any explanations about missing a key nuclear disarmament deadline set under an international accord. In a New Year's statement, the hard-line communist ...
INDONESIA TO CUT RICE IMPORT DUTY TO STABILISE DOMESTIC PRICES.
Jan 01, 2008 ... JAKARTA, Jan 1 Asia Pulse - The Indonesian government will lower the rice import duty from Rp550 (US$0.06cents) to Rp450 per kg to lighten the burden of the State Logistics Agency (Bulog) in stabilizing the domestic rice price, a senior minister said. Coordinating Minister for ...
WEAK DOLLAR CONTRIBUTES TO RISE IN INDIA'S EXTERNAL DEBT.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - India's external debt rose by 5.5 per cent during the July-September quarter to US$190.5 billion as the US currency weakened, domestic firms increased overseas borrowings and non-resident Indians (NRIs) sent back more money. The country's external ...
PERFORMANCE OF INDONESIAN BOURSE RATED 3RD BEST IN ASIAPACIFIC.
Jan 01, 2008 ... JAKARTA, Jan 1 Asia Pulse - The performance of the Indonesian Stock Exchange (BEI) has been rated the third best among stock exchanges in the Asia and Pacific region, BEI Director Erry Firmansyah said on Friday. "In terms of major indice, BEI is the third best performer in the ...
INDONESIA'S PEFINDO AFFIRMS RATING FOR PAPER MAKER TJIWI KIMIA.
Jan 01, 2008 ... JAKARTA, Jan 1 Asia Pulse - Indonesian credit rating agency Pefindo said on Thursday it has affirmed its ratings for publicly-listed paper maker PT Tjiwi Kimia Tbk. and the company's bond I/A of Rp58.68 billion (US$6.22 million) due in October 2014 and bond I/B of Rp100 billion due in ...
BUSINESS WIRE DAILY SUMMARY - DEC 25, 26 2007.(Company overview)
Jan 01, 2008 ... A summary of news releases for December 25, and 26, 2007, compiled by Business Wire, the global leader in news distribution. To view any of these news release on Business Wire's website, please go to www.businesswire.com. 1) Category Code: Philanthropy THE ASIA ...
BUSINESS WIRE DAILY SUMMARY - DEC 27, 2007.(Company overview)
Jan 01, 2008 ... A summary of news releases for December 27, 2007, compiled by Business Wire, the global leader in news distribution. To view any of these news release on Business Wire's website, please go to www.businesswire.com. 1) Category Code: Oil/Gas KIRLOSKAR GREEN RECEIVED ...
BUSINESS WIRE DAILY SUMMARY - DEC 28, 2007.(Company overview)
Jan 01, 2008 ... A summary of news releases for December 28, 2007, compiled by Business Wire, the global leader in news distribution. To view any of these news release on Business Wire's website, please go to www.businesswire.com. 1) Category Code: Insurance A.M. BEST AFFIRMS RATINGS ...
VARIAN MEDICAL SYSTEMS ACQUIRES PAN-PACIFIC ENTERPRISES.
Jan 01, 2008 ... (Full text of a statement. Contact details below.) MEDIA RELEASE PR28739 Varian Medical Systems Acquires Pan-Pacific Enterprises for Marketing, Sales and Distribution of X-Ray Imaging Products in China PALO ALTO, California, Dec 26 /PRNewswire-AsiaNet/ - ...
CLEAN-UP YOUR COMPUTER WITH DISKEEPER 2008.
Jan 01, 2008 ... (Full text of a statement. Contact details below.) (BW)(BOYERS-MARKETING) Clean-up Your Computer Technology Writers MUMBAI, India (BUSINESS WIRE) Dec 31, 2007 - Everyone has that co-worker with zero organizational skills (despite what their resume says) ....
CONOCOPHILLIPS, PETRONAS CARIGALI, SHELL SIGN CONTRACT FOR SABAH.
Jan 01, 2008 ... (Full text of a statement. Contact details below.) (BW)(TX-CONOCOPHILLIPS)(COP.NYSE) ConocoPhillips, PETRONAS Carigali and Shell Sign Production Sharing Contract for Appraisal and Development Offshore Sabah, Malaysia Energy Writers KUALA LUMPUR, Malaysia ...
A.M. BEST AFFIRMS RATINGS OF WING LUNG INSURANCE COMPANY LTD.
Jan 01, 2008 ... (Full text of a statement. Contact details below.) (BW)(NJ-A.M.-BEST) A.M. Best Affirms Ratings of Wing Lung Insurance Company Limited Insurance Writers OLDWICK, New Jersey (BUSINESS WIRE) - Dec 28, 2007 - A.M. Best Co. has affirmed the financial strength ...
A.M. BEST REVISES OUTLOOK TO STABLE FOR GENERAL INSURANCE INDIA.
Jan 01, 2008 ... (Full text of a statement. Contact details below.) (BW)(NJ-A.M.-BEST) A.M. Best Revises Outlook to Stable from Negative for General Insurance Corporation of India Business Editors OLDWICK, New Jersey (BUSINESS WIRE) - Dec 28, 2007--A.M. Best Co. has ...
A.M. BEST AFFIRMS RATING OF DAO HENG INSURANCE COMPANY LTD.
Jan 01, 2008 ... (Full text of a statement. Contact details below.) (BW)(NJ-A.M.-BEST) A.M. Best Affirms Rating of Dao Heng Insurance Company Limited Business Editors OLDWICK, New Jersey (BUSINESS WIRE) - Dec 28, 2007 - A.M. Best Co. has affirmed the financial strength ...
PETROCHEMICAL EXPORTS EARN IRAN US$530 MLN.
Jan 01, 2008 ... ASSALOUYEH, Jan 1 Asia Pulse - Export of 670,000 tons of aromatic products from Borzouyeh Petrochemical Facility has fetched Iran US$530 million since March 21, 2007. Managing Director of Nuri (Borzouyeh) Petrochemical Company Hamid-Reza Rostami told reporters on Sunday that the ...
EGYPT TO IMPORT WHEAT FROM IRAN.
Jan 01, 2008 ... ALGIERS, Dec 31 Asia Pulse - Egypt's Ministry of Commerce and Industries announced on Saturday that talks are underway with Iranian officials for signing an agreement to purchase 200,000 tons of wheat from Iran. Deputy Commerce Minister of Egypt, Mohamed Mansour, said in an ...
FIRST CARGO SHIPPING LINE LAUNCHED BETWEEN IRAN & EMIRTAES.
Jan 01, 2008 ... KISH ISLAND, Dec 31 Asia Pulse - The first shipping line was established between the Iranian island of Kish in the Persian Gulf and the United Arab Emirates to transit different cargos between the two sides, a local official said on Sunday. Managing Director of the Kish Shipping ...
TATA STEEL, SAIL TO FORM INDIAN COAL MINING JV.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - Tata Steel (BSE:500470) and state-run SAIL (BSE:500113), India's two biggest makers of the alloy, are all set to form a joint venture to mine coal blocks for securing assured coking coal supply to meet their increasing production needs. "Steel ...
FOREIGN FUNDS CAN ACQUIRE FURTHER 7.73 PCT IN INDIA'S NDTV.
Jan 01, 2008 ... MUMBAI, Jan 1 Asia Pulse - Media firm New Delhi Television Ltd (BSE:532529) on Monday said foreign funds can further purchase a 7.73 per cent stake in the company. In a communique to the Bombay Stock Exchange, the company said that the promoters - Prannoy Roy and Radhika Roy - ...
IRANIAN DRILLING COMPANY TO SELL SHARES ON FEBRUARY 20.
Jan 01, 2008 ... TEHRAN, Dec 31 Asia Pulse - Iran's North Drilling Company Managing Director Asghar Rafiei Sunday announced that the selling of NDC shares on the Tehran Stock Exchange (TSE) would start on February 20. The NDC chief told PIN that the company was among the privatization-bound ...
INDIANS RESOLVE TO LOSE WEIGHT & SAVE MONEY IN 2008: SURVEY.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - Having a lithe and supple body followed by a purse throbbing with currency notes are the most popular new year resolutions taken by Indians, an online survey says. The survey conducted by global information and media company Nielsen India showed ...
OMAN REFINERIES & PETROCHEMICALS CO AND OMAN LNG STRIKE DEAL.
Jan 01, 2008 ... MUSCAT, Jan 1 Asia Pulse - The Oman Refineries and Petrochemicals Company (ORPC) and Oman LNG Company today signed a long-term agreement for the sale and procurement of the Natural Gas condensates. The agreement was signed by Dr Adil bin Abudlaziz al Kindi, Chief Executive ...
INDIA'S MUDRA LIFESTYLE TO RAISE US$50.7 MLN VIA SECURITIES ISSUE.
Jan 01, 2008 ... MUMBAI, Jan 1 Asia Pulse - India's Mudra Lifestyle (BSE:532820), which manufactures and exports garments, yesterday said it plans to raise up to Rs 2 billion (US$50.76 million) through the issue of securities in overseas markets. In this regard, the firm will issue Foreign ...
ADVISORY - THAI STOCKMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... BANGKOK, Jan 1 Asia Pulse - Please be advised that the Thai sharemarket is ...
ADVISORY - PHILIPPINE SHAREMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... MANILA, Jan 1 Asia Pulse - Please be advised that the Philippines ...
INDIAN TELCO SPICE OFFERS TO PAY ENTRY FEES FOR PENDING LICENSES.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - B K Modi-led mobile operator Spice Communications Ltd (BSE:532863) has warned the Indian government against manipulating the priority list when allocating spectrum and demanded the issuance of licences to their company immediately. Spice also ...
ADVISORY - SHANGHAI STOCKMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... SHANGHAI, Jan 1 Asia Pulse - Please be advised that the Shanghai ...
BLOW TO INDIA'S GSM PLAYERS - DOT MAY TAKE BACK EXCESS SPECTRUM.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - In what could be another blow to existing GSM mobile operators, India's government may soon demand the return of excess spectrum held by GSM players beyond the eligible limit. The move comes after the government last week decided to allot ...
16 AFGHANI VILLAGES ELECTRIFIED BY SOLAR ENERGY IN BADAKHSHAN.
Jan 01, 2008 ... FAIZABAD, Jan 1 Asia Pulse - Around 12,00 families in 16 suburbs of the distant northeastern Badakhshan province were provided with US$600,000 Indian-funded solar system power supply scheme to brighten their houses, officials said on Monday. Engineer Nazira Badakhsh an official ...
INDONESIA MAY IMPOSE DUMPING DUTIES AGAINST INDIA'S ROLLED STEEL.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - Indonesia's anti-dumping authority has recommended imposition of dumping duties against five countries, including India, for shipping hot rolled coils to that country after complaints by local steel makers. "Indonesia's Anti Dumping Committee ...
ADVISORY - AUSTRALIAN STOCKMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... SYDNEY, Jan 1 Asia Pulse - Please be advised that the Australian Stock Exchange is closed ...
INDIA'S BRIGADE SIGNS CONTRACT WITH IHG FOR MANAGING HOTELS.
Jan 01, 2008 ... MUMBAI, Jan 1 Asia Pulse - Real estate firm Brigade Enterprises (BSE:532929) on Monday said it has signed a management contract with UK-based InterContinental Hotels Group (IHG). Brigade Enterprises' (BEL) wholly-owned subsidiary, Brigade Hospitality Services Pvt Ltd has signed ...
ADVISORY - TOKYO STOCK EXCHANGE CLOSED - JAN 1, 2008.
Jan 01, 2008 ... TOKYO, Jan 1 Asia Pulse - Please be advised that the Tokyo Stock Exchange is closed today ...
INDIA'S MARUTI SUZUKI STOPS PRODUCTION OF POPULAR ESTEEM MODEL.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - Car market leader Maruti Suzuki India (MSIL)(BSE:532500) will draw the curtains on one of its most successful models on Indian roads -- the Maruti Esteem -- with production for the car coming to a halt after the company resumes operations at its Manesar plant ...
INDIA'S MAHINDRA & MAHINDRA RECEIVED 2007 FROST & SULLIVAN AWARD.
Jan 01, 2008 ... (Full text of a statement. Contact details below.) (BW)(FROST-&-SULLIV/MAHINDRA) Mahindra & Mahindra Ltd. (Mahindra Powerol Business) Received the 2007 Frost & Sullivan India Genset Industry Excellence Voice of Customer Award for Most Preferred Brand in Telecom (Cell-sites) ...
YAMAGATA SINGAPORE CLINCHES INTERNATIONAL PLATINUM STAR AWARD.
Jan 01, 2008 ... (Full text of a statement. Contact details below.) (BW)(YAMAGATA-SINGAPORE) Yamagata Singapore Clinches International Platinum Star For Quality Award 2007 Singapore Office Receives Second Award in Two Years for Corporate Achievements, Quality and Excellence in the ...
INDIA'S REAL ESTATE & RETAIL SECTORS TO THRIVE IN 2008: ASSOCHAM.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - India's industry body Assocham said the year 2007 saw a growth of 30-35 per cent and 40-45 per cent in retail and real estate sectors respectively and predicts this boom will continue in 2008 too. According to a report by Assocham, organised and ...
INDIAN GOVT UPS MINIMUM EXPORT PRICE OF RICE TO SLOW EXPORTS.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - India's government has raised the minimum export price of rice to US$500 per ton to discourage its export and make more of the foodgrain available in the domestic market. The Commerce Ministry agreed to the proposal sent by the Food Ministry ...
INDIAN OFFICIALS TO BE IN GENEVA FOR JAN 3 WTO TALKS.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - India is sending a high level team of officials to Geneva to participate in World Trade Organisation talks convened from January 3 in yet another effort to narrow down differences on agriculture between developed and developing countries on the Doha Round of ...
INDIAN MOBILE USERS TO GET HARD COPY OF THEIR BILLS FREE OF COST.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - Mobile users will soon be able to receive a hard copy of the bill free of cost, with telecom regulator TRAI on Monday proposing an amendment to the Telecommunication Tariff Order. TRAI today initiated a consultation process for the proposed ...
SOUTH KOREAN NEWSPAPER HIGHLIGHTS - JAN 1, 20078.
Jan 01, 2008 ... SEOUL, Jan 1 Asia Pulse -- The following are the top headlines in major South Korean newspapers today: VERNACULAR DAILIES: - The drive towards being advanced country begins with observance of law and order: president-elect (Kyunghyang Shinmun) - ...
INDIAN MARKET REGULATOR EXEMPTS MF INVESTORS FROM ENTRY FEE.
Jan 01, 2008 ... MUMBAI, Jan 1 Asia Pulse - In a new year gift to mutual fund investors, Indian market regulator SEBI on Monday exempted them from payment of entry fee on applications filed directly to the Asset Management Companies (AMC). "It has now been decided that no entry load shall be ...
1,768 BANGLADESHI WORKERS KILLED IN WORKPLACES IN 2007: SURVEY.
Jan 01, 2008 ... DHAKA, Jan 1 Asia Pulse - A total of 1,768 workers were killed and 1,782 injured in different workplaces in Bangladesh in 2007, according to a survey finding on occupational hazards and health. Bangladesh Occupational Safety, Health and Environment Foundation (OSHE) revealed the ...
SOUTH KOREAN EXPORTS FORECAST TO RISE STEADILY IN 2008.
Jan 01, 2008 ... SEOUL, Jan 1 Asia Pulse - South Korean exports are projected to have a heyday this year because of strong demand for ships, steel and autos, although the country's strong won against the U.S. dollar and an expected slowdown in the global economy pose risks, analysts said. ...
BANGLADESH'S BEST AIR STARTS OPERATION ON JANUARY 14.
Jan 01, 2008 ... DHAKA, Jan 1 Asia Pulse - Best Air, a new private airliner, will start operations on January 14 with a Boeing 737, the first ever in Bangladesh, through a flight from Dhaka to Chittagong. The company will initially start operations with one Boeing 737 aircraft that has a ...
LEE'S PRAGMATIC REFORMS SET TO JOLT SOUTH KOREA IN 2008.
Jan 01, 2008 ... SEOUL, Jan 1 Asia Pulse - South Korea is expected to undergo across-the-board changes this year under the incoming Lee Myung-bak administration, ending a decade of liberal rule that critics say was riddled with economic woes, security concerns about North Korea's nuclear ambitions and ...
NEW LEADERS IN SOUTH KOREA, U.S. OPEN OPPORTUNITIES FOR ALLIANCE.
Jan 01, 2008 ... WASHINGTON, Jan 1 Asia Pulse - The inauguration of a new government in South Korea, marking a shift to the right, opens new opportunities this year in Seoul-Washington relations, perhaps based more on rhetoric and perceptions than on actual policies, but still opportunities. ...
S.KOREAN ECONOMY SEEN TO GROW THIS YEAR DESPITE EXTERNAL RISKS.
Jan 01, 2008 ... SEOUL, Jan 1 Asia Pulse - Many economists predict South Korea's economy will maintain its growth in 2008, while others warn of volatile external risks. A number of state and private think tanks in South Korea predicted last year that the economy, Asia's third-largest, would grow ...
BANGLADESHI FARMERS EXPECTING GOOD MUSTARD SEED HARVEST.
Jan 01, 2008 ... JHALAKATI, Jan 1 Asia Pulse - Farmers are expecting a good harvest of mustard seeds this season even after cyclone Sidr extensively damaged vast croplands in the district. Officials from the department of agricultural extension said farmers of the district have cultivated the ...
N.KOREA HAS NO EXPLANATIONS RE MISSING NUKE DISARMAMENT DEADLINE.
Jan 01, 2008 ... SEOUL, Jan 1 Asia Pulse - North Korea greeted New Year's Day, vowing to strengthen its military power but missing a year-end deadline to carry through with key denuclearization steps it promised under an international accord. In a New Year's statement, the hard-line communist ...
UNCERTAINTY LOOMS OVER 7 SE ZONES IN INDIA AS OPPOSITION BUILDS.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - As uncertainty looms large over the fate of SEZs in Goa, India's central government will have to go by the advice of the state where large-scale political opposition has built up against these tax free zones, an official said. Seven special economic ...
ADVISORY - INDONESIAN SHAREMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... JAKARTA, Jan 1 Asia Pulse - Please be advised that the Indonesian ...
RICE SOLD TO BANGLADESH WITHHELD AT PETRAPOLE LAND PORT.
Jan 01, 2008 ... BENAPOLE, Jan 1 Asia Pulse - Indian customs authorities at Petrapole land port disallowed export of 4,000 tons of rice sold to Bangladeshi traders. Reports from Petrapole land port said Indian exporters had several meetings with customs officials to secure passage of their ...
ADVISORY - MALAYSIAN SHAREMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... KUALA LUMPUR, Jan 1 Asia Pulse - Please be advised that the Malaysian ...
INDIAN STATES SEEK PETROCHEM INVESTMENT POTENTIAL WITH ONGC.
Jan 01, 2008 ... NEW DELHI, Jan 1 Asia Pulse - Four Indian states, including Andhra Pradesh and Gujarat, have applied to set up special petroleum and chemical investment hubs in their states, most of them listing Oil and Natural Gas Corp (BSE:500312) as the key investor. ONGC's proposed Rs 260 ...
ADVISORY - SINGAPORE SHAREMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... SINGAPORE, Jan 1 Asia Pulse - Please be advised that the Singapore ...
ADVISORY - HONG KONG SHAREMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... HONG KONG, Jan 1 Asia Pulse - Please be advised that the Hong Kong ...
VIETNAM MAGNET STARTS ATTRACTING RUSSIAN PRIVATE FIRMS.
Jan 01, 2008 ... HANOI, Jan 1 Asia Pulse - Following large state-owned and joint stock enterprises, Russian private firms have started looking at investment opportunities in Vietnam , said Chairman of the Russia-Vietnam Business Council Mikhail Slipenchuk. Speaking on Voice of Russia radio after ...
ADVISORY - SOUTH KOREAN SHAREMARKET CLOSED - JAN 1, 2008.
Jan 01, 2008 ... SEOUL, Jan 1 Asia Pulse - Please be advised that the South Korean ...
VIETNAM'S TECHCOMBANK INKS PACIFIC AIRLINES DEAL.
Jan 01, 2008 ... HANOI, Jan 1 Asia Pulse - The Technological and Commercial Bank of Vietnam (Techcombank) on December 28 inked a deal to provide payment services for customers of Pacific Airlines. Customers can pay for tickets via Techcombank transaction points or with Techcombank cards without ...
SINGAPORE NEWSPAPER HIGHLIGHTS - JAN 1, 2008.
Jan 01, 2008 ... SINGAPORE, Jan 1 Asia Pulse - Highlights of today's newspapers: THE BUSINESS TIMES: - The Ministry of Trade and Industry (MTI)'s industrial land sales programme for H1 2008 seems to reflect a slowdown from the preceding programme for H2 2007. - The ...