AsiaPulse News back issues from April 2008:
FOREX - AUSTRALIAN DOLLAR OPENS LOWER - APRIL 1, 2008.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - The Aussie dollar has opened weaker, dragged lower by drooping commodity prices overnight. At 0700 AEDT, the Australian dollar was trading at $US0.9138 41, down from yesterday's close of $US0.9163/67. During the overnight session, the ...
AUSTRALIAN BONDS OPEN FIRMER - APRIL 1, 2008.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - Australian bonds opened marginally firmer as US treasuries rallied overnight, with local eyes waiting for the central bank's announcement on interest rates this afternoon. At 0830 AEDT, the yield on the Commonwealth Government February 2017 bond was ...
WEST AUSTRALIAN WHEATGROWERS SAY SCRAP SINGLE DESK SYSTEM.
Apr 01, 2008 ... desk wheat marketing system, in stark contrast to eastern states growers. The Senate Rural and Regional Affairs and Transport Standing Committee is examining draft government legislation which would abolish the single desk wheat marketing system. The draft laws are ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - APRIL 1, 2008.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - Highlights of today's newspapers: THE AUSTRALIAN FINANCIAL REVIEW: - Regulators are investigating allegations of fraud by Opes Prime chief executive Laurie Emini after a court heard claims he told his staff to alter share trading accounts ...
KOREA'S DEBT GROWS DUE TO SPENDING ON CURRENCY STABILIZATION.
Apr 01, 2008 ... SEOUL, April 1 Asia Pulse - South Korea's national debt grew over 16 trillion won (US$16.1 billion) in 2007 as the government raised more funds to stabilize the local currency market, government officials said Tuesday. According to the Ministry of Strategy and Finance, South ...
KOREA'S KOPEC SIGNS REACTOR ENGINEERING DEAL WITH WESTINGHOUSE.
Apr 01, 2008 ... WASHINGTON, April 1 Asia Pulse - The Korea Power Engineering Co. (KOPEC) said Monday it signed an agreement with Westinghouse Electric to participate in the U.S. firm's reactor engineering project. The deal, signed in Pittsburgh, Pennsylvania, is worth US$30 million. It involves ...
AUSTRALIAN ENGINEERING CO WORLEY PARSONS BUYS US CO INTEC.
Apr 01, 2008 ... SYDNEY, April 1 AAP - Australia's biggest engineering company, WorleyParsons Ltd (ASX:WOR) bought US-based deepwater oil and gas engineering specialist INTEC for $US108.5 million ($A118.49 million) to take advantage of the growth in offshore energy exploration. WorleyParsons ...
INDIA INFOLINE PARTNERS WITH US BROKERAGE AUERBACK GRAYSON.
Apr 01, 2008 ... MUMBAI, April 1 Asia Pulse - Domestic brokerage firm India Infoline (BSE:532636) on Monday announced a partnership with US-based Auerbach Grayson, under which the American investors would be able to invest in the Indian capital market. With this partnership with the American ...
AUSTRALIAN ORE MINER MIDWEST BLAMES MURCHISON FOR 2007 LOSS.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - Iron ore junior Midwest Corporation Ltd (ASX:MIS) has blamed an unsuccessful attempted takeover by Murchison Metals (ASX:MMX) for an operating loss in the 2007 financial year. And there is more to come, warned Midwest, now under a second takeover ...
MICHELIN TO SUPPLY TYRES FOR HONDA CIVIC IN INDIA.
Apr 01, 2008 ... NEW DELHI, April 1 Asia Pulse - French tyre major Michelin on Monday said it will start original equipment supplies to Honda's sedan Civic in India. The company's Indian subsidiary Michelin India Tyres will supply its premium Energy MXV8 tyres for the Civic. "This ...
INTERCONTINENTAL HOTELS GROUP TO OPEN 20 HOTELS IN INDIA.
Apr 01, 2008 ... NEW DELHI, April 1 Asia Pulse - UK-based InterContinental Hotels Group (IHG) on Monday said it plans to open 20 hotels in India with over 5,000 rooms under its different brands, including the InterContinental, Crowne Plaza and Holiday Inn, as a part of its strategy to strengthen presence ...
AUSTRALIAN MINER STRIKE RESOURCES OFFLOADS PERU ORE ASSETS.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - Junior explorer Strike Resources Ltd (ASX:SRK) is in talks with a group led by a major international mining company to sell its Peruvian iron ore assets for $US450 million ($A493.26 million). The company is asking a total $US650 million for the Cuzco ...
AUSTRALIA'S BANKSA HIKES INTEREST RATES.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - BankSA (ASX:BSA) has lifted interest rates by 0.10 percentage points, blaming the higher costs of wholesale funding. The change takes BankSA's standard variable home loan rate to 9.47 per cent from Thursday for both new and existing customers. ...
THOMAS COOK UK ACQUIRES 54 PCT STAKE IN THOMAS COOK INDIA.
Apr 01, 2008 ... MUMBAI, April 1 Asia Pulse - Travel services firm Thomas Cook India (BSE:500413) on Monday said two of its promoters, Dubai Financial Group and TCIM, have exited its board and a 54.42 per cent stake has been acquired in the company by its new promoter Thomas Cook UK. According ...
AUSTRALIA'S HIGH RATES SUBDUE MANUFACTURING: PWC SURVEY.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - High interest rates continued to keep Australian manufacturing activity subdued in March, a survey says. The Australian Industry Group-PricewaterhouseCoopers (ASX:PWC) Australian Performance of Manufacturing (PMI) index, released today, fell 0.2 ...
INDIA'S SUVEN GETS PRODUCT PATENTS IN KOREA, MEXICO.
Apr 01, 2008 ... MUMBAI, April 1 Asia Pulse - Pharmaceutical company Suven Life Sciences (BSE:530239) on Monday said it has received product patents in Mexico and Korea for two of their new chemical entities for the treatment of disorders associated with neuro-degenerative diseases. "We are very ...
FOREX- RINGGIT CLOSES STRONGER AGAINST US DOLLAR - MARCH 31.
Apr 01, 2008 ... KUALA LUMPUR, March 31 Asia Pulse - The ringgit ended at 3.1935/1965 against the U.S. dollar on ...
JAPAN PROVIDES SOFT LOANS FOR VIETNAM INFRASTRUCTURE PROJECTS.
Apr 01, 2008 ... TOKYO, April 1 Asia Pulse - Japan has pledged to provide preferential loans of up to US$945 million to Vietnam's infrastructure development projects in the 2007 fiscal year. Japanese official development assistance (ODA) loan agreements were signed in Tokyo on March 31 by ...
MYOB SELLS BRITISH AND IRISH ASSET.
Apr 01, 2008 ... MELBOURNE, April 1 Asia Pulse - Listed business software firm MYOB Ltd (ASX:MYO) will sell its United Kingdom and Ireland accountancy division to Wolters Kluwer for $A77.2 million (GBP 35.5 million) cash. MYOB said the sale would position it better to focus on its Australian ...
EX-YAMAHA INDIA CEO TOMOTAKA ISHIKAWA JOINS BAJAJ AUTO.
Apr 01, 2008 ... NEW DELHI, April 1 Asia Pulse - Bajaj Auto Ltd (BSE:500034), the country's leading two-wheeler manufacturer, on Monday announced it has appointed Tomotaka Ishikawa as adviser on a full time basis with effect from April 1, 2008. "Given Bajaj Auto's strategy to be distinctly ahead ...
CHINA TO INVEST IN REGIONAL SPECIAL IRON, STEEL FIRMS: CISA.
Apr 01, 2008 ... BEIJING, April 1 Asia Pulse - China is inclined to develop regional special iron and steel enterprises especially large iron and steel corporation, said Chi Jingdong, vice secretary-general of China Iron and Steel Association (CISA), Statistics showed that China's iron and steel ...
GLOBAL FOODGRAINS OUTPUT MAY RISE MARGINALLY IN 2008-09: IGC.
Apr 01, 2008 ... NEW DELHI, April 1 Asia Pulse - London-based International Grains Council has raised the projection of world's foodgrains production by 1.25 per cent to 1,694 million tons in 2008-09, saying despite very high prices, the total area under foodgrains may not increase on strong competition ...
STOCKS - AUSTRALIAN SHARES OPEN LOWER - APRIL 1, 2008.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - The Australian sharemarket opened firmer but then slipped into the red, pulled back by the energy sector after oil prices fell overnight by more than $US4 a barrel. At 1015 AEDT, the benchmark S&P/ASX200 index was down 7.7 points at 5348, while the ...
CORR - STOCKS - AUSTRALIAN SHARES OPEN FIRMER - APRIL 1, 2008.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - The Australian sharemarket opened firmer but then slipped into the red, pulled back by the energy sector after oil prices fell overnight by more than a barrel. At 1015 AEDT, the benchmark S&P/ASX200 index was down 7.7 points at 5348, ...
OMAN GOVT TO INVITE OIL FIRMS TO DEVELOP 5 NEW BLOCKS.
Apr 01, 2008 ... MUSCAT, April 1 Asia Pulse - The Sultanate of Oman plans to invite international firms to develop five more onshore and offshore oil blocks in the country on production sharing basis. "There are few more oil blocks identified for development. We are working on it . We will ...
AUSTRALIAN CONSUMER WATCHDOG CHECKS OUT CHECKOUTS.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - A public inquiry into whether shoppers are being price-gouged at the checkout begins in Sydney today. The inquiry by the Australian Consumer and Competition Commission (ACCC) will review all aspects of the supply chain in the grocery industry, ...
VIETNAM GOVT LAUNCHES FOREIGN INVESTMENT WEBSITE.(Website overview)
Apr 01, 2008 ... HANOI, April 1 Asia Pulse - A website on foreign investment in Vietnam was launched by the Ministry of Planning and Investments Foreign Investment Agency on March 31. The website http://fia.mpi.gov.vn is available in three languages -- Vietnamese, English and Japanese -- and ...
AUSTRALIANS STILL SCEPTICAL OF SHOPPING ONLINE: REPORT.
Apr 01, 2008 ... SYDNEY, April 1 Asia Pulse - Australians are shunning shopping online over worries about retailers' return policies and the perceived difficulties in posting items back once they are received. New research by consultancy firm Leading Edge has found the growth in online buying ...
STOCKS - TOKYO SHARES OPEN HIGHER - APRIL 1, 2008.
Apr 01, 2008 ... TOKYO, April 1 Asia Pulse - Tokyo share prices opened higher today, with the benchmark Nikkei-225 index rising ...
AUSTRALIA OVERWHELMINGLY SUPPORTS SUBSIDIES FOR RENEWABLES: POLL.
Apr 01, 2008 ... CANBERRA, April 1 Asia Pulse - Three-quarters of Australians would prefer the federal government to subsidise renewable energy instead of fossil fuels, an opinion poll has found. The Galaxy Research poll conducted for independent political group GetUp! found 76 per cent wanted ...
INDONESIAN PROVINCE AIMS TO PRODUCE 1.2 MLN TONS OF MAIZE IN '08.
Apr 01, 2008 ... MAKASSAR, S Sulawesi, April 1 Asia Pulse - Indonesia's South Sulawesi province has set itself the target of producing 1.2 million tons of maize on a plantation area of 0.31 million hectares this year, a local official said. "The 1.2 million-ton target is higher than last year's ...
INDONESIAN CACAO BODY ASKS GOVT TO PUT US$50 TAX ON SEED EXPORTS.
Apr 01, 2008 ... JAKARTA, April 1 Asia Pulse - Indonesia's Cacao Industries Association (AIKI) has asked the government to impose a US$50 tax on every ton of cacao seeds to be exported in an effort to increase the competitive edge of Indonesia's processed cocoa products in the world market. ...
HONG KONG NEWSPAPER HIGHLIGHTS - APRIL 1, 2008.
Apr 01, 2008 ... HONG KONG, April 1 Asia Pulse - Highlights of today's newspapers: SOUTH CHINA MORNING POST: - Mainland stocks yesterday completed their worst quarter since 1992 while Hong Kong equities posted the most losses since 2001 as fears of a global financial meltdown ...
STOCKS - SEOUL SHARES OPEN LOWER - APRIL 1, 2008.
Apr 01, 2008 ... SEOUL, April 1 Asia Pulse - South Korean stocks opened in negative territory Tuesday as institutions sold steel, auto and other blue-chip issues, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) fell 8.16 points, or 0.48 percent, to 1,695.83 in the first 15 ...
TAIWAN MOEA SAYS CPC OIL RESERVES CAN LAST ANOTHER TWO MONTHS.
Apr 01, 2008 ... TAIPEI, April 1 Asia Pulse - Following recent assurances by CPC Corp., Taiwan (CPC) that its oil reserves were sufficient to meet the surging demand, the Ministry of Economic Affairs (MOEA) reiterated Monday that the state-run refinery can continue for another two months, if necessary, to ...
AZERCELL SIGNS ROAMING AGREEMENT WITH SLOVAKIA'S O2 TELEFONICA.
Apr 01, 2008 ... BAKU, April 1 Asia Pulse - Azerbaijani mobile operator Azercell Telecom has signed a roaming agreement with Slovakia's O2 Telefonica, increasing the number of its international MMS roaming partners to 22. To date, Azercell has concluded GPRS/MMS contracts with 121 operators of ...
VIETNAMESE PM DISCUSSES ECONOMIC COOPERATION IN GREATER MEKONG.
Apr 01, 2008 ... VIENTIANE, April 1 Asia Pulse - Vietnamese Prime Minister Nguyen Tan Dung has urged Greater Mekong Sub-region countries to strengthen cooperation and turn transport corridors into economic ones to aid economic growth and fight poverty. The Prime Minister made the statement while ...
SOUTH KOREAN BUILDERS' OVERSEAS ORDERS JUMP IN Q1.
Apr 01, 2008 ... SEOUL, April 1 Asia Pulse - South Korean builders' overseas orders grew more than 50 per cent in the first quarter of this year thanks to increased demand from the Middle East and Asian markets, a government report showed today. According to the report by the Ministry of Land, ...
CHINA'S PAINT INDUSTRY BECOMES WORLD'S 2ND LARGEST.
Apr 01, 2008 ... BEIJING, April 1 Asia Pulse - China has become the second largest paint producer and consumer in the world propelled by booming real estate, auto and shipping building sectors. Global paint manufacturers have moved their production capacities to China in recent years. ...
CHINA STICKS TO TIGHT MONETARY POLICY DESPITE SUB-PRIME CRISIS.
Apr 01, 2008 ... BEIJING, April 21 Asia Pulse - China's central bank will continue its tight monetary policy despite external impact from sub-prime crisis, said Yi Gang, vice-governor of China's central bank Monday. Yi said that the central bank would make necessary adjustment on prudent fiscal ...
S KOREAN CORP TO BUILD TEXTILE MATERIAL PLANT IN VIETNAM.
Apr 01, 2008 ... BINH DUONG, March 31 Asia Pulse - Kyungbang Corporation from the Republic of Korea (RoK) will build a plant in southern Binh Duong province to produce thread and textile material. The corporation on March 31 signed a contract with province-based Becamex Industrial and ...
CHINA DRAFTING BANKRUPTCY PROCEDURE FOR FINANCIAL INSTITUTIONS.
Apr 01, 2008 ... BEIJING, April 1 Asia Pulse - With the new Bankruptcy Law taking effect in 2007, China's bankruptcy procedure for financial institutions is now being drafted, said Wang Xinxin, a professor of the People's University of China and a member of the China New Bankruptcy Law drafting expert ...
PENALTIES FOR VIETNAMESE FIRMS THAT ISSUE UNREGISTERED SHARES.
Apr 01, 2008 ... HANOI, April 1 Asia Pulse - The State Securities Commission will crack down on companies that issue shares without registering as of April 1. In a note sent to relevant ministries and agencies on Friday, the commission said that many enterprises, especially smaller ones, had ...
CHINA EXPORTS RAILWAY COACHES WORTH US$568 MLN TO MIDDLE EAST.
Apr 01, 2008 ... BEIJING, April 1 Asia Pulse - China Northern Locomotive Rolling Stock Industry (Group) Corporation (CNR) has signed a contract to export 455 metro cars and 160 double-deck coaches valued at 360 million euros (US$568 million) to the Middle East. This is China's largest export ...
PHILIPPINES' EXTERNAL DEBT RISES TO US$54.9 BLN.
Apr 01, 2008 ... MANILA, April 1 Asia Pulse - Each of the about 85 million Filipinos now have higher debt after the country's end-December 2007 external debt totaled to US$54.9 billion, the Bangko Sentral ng Pilipinas (BSP) reported Monday. The latest figure is nine per cent or US$ 511 million ...
STOCKS - VIETNAMESE SHARES CONTINUE TO CLIMB - MARCH 31, 2008.
Apr 01, 2008 ... HANOI, March 31 Asia Pulse - Both vietnamese bourses continued to see most stocks rise to the ceiling prices on March 31, a trend that started when the new trading bands of 1 per cent and 2 per cent were applied, respectively, in Ho Chi Minh City and Hanoi, on March 27. Buying ...
SOUTH KOREAN NEWSPAPER HIGHLIGHTS - APRIL 1, 2008.
Apr 01, 2008 ... SEOUL, April 1 Asia Pulse - Highlights of today's newspapers: KOREAN-LANGUAGE DAILIES: - Presidential secretary expresses concerns over professors' opposition to waterway project (Kyunghyang Shinmun) - Private equity funds, pension funds to be allowed to ...
NO SHORTAGE OF FUEL SUPPLY SO FAR: TAIWAN'S CPC.
Apr 01, 2008 ... TAIPEI, April 1 Asia Pulse - CPC Corp., Taiwan (CPC) assured the public Sunday that it will maintain an adequate supply of fuel, as consumers turn to the state-run oil company following an increase by its competitor in the price of gasoline and diesel products. Citing soaring ...
VINACHEM TO BUILD FERTILISER PLANT IN NINH BINH.
Apr 01, 2008 ... NINH BINH, April 1 Asia Pulse - The Vietnam National Chemical Corporation (Vinachem) plans to kick-off construction of a coal-fuelled nitrogenous fertiliser plant in the northern province of Ninh Binh in April. The plant will produce 560,000 tonnes of fertiliser a year after it ...
AUSTRALIA'S NEW INTERNATIONAL AIRLINE TO TAKE OFF.
Apr 01, 2008 ... (Full text of a statement. Contact details below.) MEDIA RELEASE PR29751 Australia's New International Airline to Take Off with Flights From Hollywood to Sydney's Famous Harbour BRISBANE, March 31/Medianet International-AsiaNet/ -- V Australia Announces ...
VIETNAMESE GOVT MOVES TO MANAGE UNMANNED AEROPLANES.
Apr 01, 2008 ... HANOI, April 1 Asia Pulse - Vietnamese domestic and foreign organisations and individuals are permitted to manufacture and trade unmanned aircraft and super-light aeroplanes in line with a recent Government decree. The decree, enacted by the Government on March 28, gives state ...
ARROYO SAYS FILIPINOS WORKING ABROAD NOT SIGN OF WEAK ECONOMY.
Apr 01, 2008 ... HONG KONG, April 1 Asia Pulse - President Gloria Macapagal-Arroyo Monday stressed that Filipinos working abroad is not a sign of a weak economy. In the question-and-answer portion that followed her keynote speech before the 11th Credit Suisse Asian Investment Conference (AIC) at ...
LAOS-VIETNAM INSURANCE JOINT VENTURE SET UP.
Apr 01, 2008 ... VIENTIANE, April 1 Asia Pulse - The Bank for Investment and Development of Vietnam (BIDV) announced on March 31 its establishment of the Laos-Vietnam Insurance Joint Venture (LVI) with Lao partners. A contract to this effect was signed between the BIDV and the Commercial Bank of ...
INDONESIAN, TAIWAN VESSELS INVOLVED IN ILLEGAL FISH EXPORT: MIN.
Apr 01, 2008 ... JAKARTA, April 1 Asia Pulse - Fish exports by way of transhipment in the waters of Timika, Papua, involving 24 Taiwanese and Indonesian vessels constituted a premeditated criminal offence. "The vessels belonged to eight companies, but how could they unload their cargo into two ...
MALAYSIAN NEWSPAPER HIGHLIGHTS - APRIL 1, 2008.
Apr 01, 2008 ... KUALA LUMPUR, April 1 Asia Pulse - Highlights of today's newspapers: BUSINESS TIMES: - Malaysian Airline System Bhd (MAS) will buy as many as 55 Boeing 737-800 aircraft for US$4.2 billion (RM13.4 billion) to replace older planes and to fly to new routes. ...
BANK INDONESIA GOV'S POST MAY BE VACANT FOR SOME TIME: KUSUMA.
Apr 01, 2008 ... JAKARTA, April 1 Asia Pulse - If the government does not forward its new candidate for Bank Indonesia (BI) governor to the House of Representatives (DPR) soon, the post may become vacant for some time, a legislator said. "There is a real possibility the position will be vacant ...
S. KOREA POSTS TRADE DEFICIT FOR 4TH STRAIGHT MONTH.
Apr 01, 2008 ... SEOUL, April 1 Asia Pulse - South Korea posted a trade deficit for the fourth consecutive month in March due mainly to a surge in crude oil imports, a government report said Tuesday. The country's trade deficit stood at US$670 million last month, narrowing from over $1.25 ...
PHILIPPINE NATIONAL BANK BOOKS 83 PCT JUMP IN YR NET INCOME.
Apr 01, 2008 ... MANILA, April 1 Asia Pulse - Philippine National Bank's (PNB) (PSE:PNB) audited net income jumped 83 per cent to P1.5 billion (US$35.9 million) in 2007 due to the 10 per cent increase in net interest income. In a statement, PNB said its performance last year is the best in 10 ...
TAIWAN'S ICDF TO SPONSOR 11 SEMINARS FOR DIPLOMATIC ALLIES.
Apr 01, 2008 ... TAIPEI, April 1 Asia Pulse - The International Cooperation and Development Fund (ICDF) under the Ministry of Foreign Affairs will host 11 seminars this year to share Taiwan's experience in economic development with friendly countries, ICDF Deputy Secretary-General Lee Hsin-ying said ...
FOREIGN FUND MANAGERS BEING WOOED TO MALAYSIAN ISLAMIC FUND MARKET.
Apr 01, 2008 ... KUALA LUMPUR, April 1 Asia Pulse - The Securities Commission (SC) is in talks with a few fund managers from the United States, Europe and the Gulf countries on establishing their operations in the Islamic fund management market in Malaysia. "We welcome global fund managers to ...
TAIWAN BANKS WARN AGAINST CONSULTING WITH AGENTS ON PAYING DEBT.
Apr 01, 2008 ... TAIPEI, April 1 Asia Pulse - The Bankers Association of the Republic of China (BAROC) suggested Monday that with the implementation of new regulations to allow for easier debt repayment deals, debtors who seek to negotiate with banks on their repayment conditions would be better off not ...
S KOREA TO EASE BANK OWNERSHIP RULES FOR STRATEGIC PRIVATE FUNDS.
Apr 01, 2008 ... SEOUL, April 1 Asia Pulse - South Korea plans to ease regulations strictly for "strategic" private equity funds seeking to invest in local private banks, the financial watchdog said Tuesday. On Monday, the Financial Services Commission (FSC) said in a report to President Lee ...
COVANTA ENERGY NAMES NEW PRESIDENT OF COVANTA ASIA PACIFIC.
Apr 01, 2008 ... (Full text of a statement. Contact details below.) MEDIA RELEASE PR29750 Covanta Energy Names Allard M. Nooy President Covanta Asia Pacific SHANGHAI, April 1 /PRNewswire-AsiaNet/ -- Covanta Holding Corporation (NYSE: CVA), a world leader in the development ...
MALAYSIAN SUPERMARKET CHAIN TO BOYCOTT DUTCH PRODUCTS.
Apr 01, 2008 ... KUALA LUMPUR, April 1 Asia Pulse - Mydin's chain of supermarkets and hypermarkets has decided to boycott Dutch products in response to the anti-Islam film "Fitna" produced by Dutch legislator Geert Wilders. Mydin Mohamed Holdings Sdn Bhd managing director, Ameer Ali Maidin, ...
BANK NEGARA INDONESIA'S PROFIT DOWN 53 PCT IN 2007.
Apr 01, 2008 ... JAKARTA, April 1 Asia Pulse - State-owned Bank Negara Indonesia (BNI) said Monday its profit after tax last year fell 53.24 per cent to Rp898 billion (US$97.9 million) from Rp1.93 trillion the year before. The drop was the result of the bank's policy to raise its reserves in ...