AsiaPulse News back issues from September 2008:
FOREX - AUSTRALIAN DOLLAR OPENS LOWER - SEPT 1, 2008.
Sep 01, 2008 ... SYDNEY, Sept 1 Asia Pulse - The Australian dollar has opened lower as improved factory health in the US midwest boosted the American currency. At 0700 AEST, the Australian dollar was trading at .8566/73, down from Friday's close of 0.8609/11. During the weekend ...
CITY PACIFIC POSTS LOSSES FOR 2008 FINANCIAL YEAR.(Financial report)
Sep 01, 2008 ... SYDNEY, Sept 1 Asia Pulse - Property investor and fund manager City Pacific Ltd (ASX:CIY) today reported a $A139.53 million ($US119.41 million) bottom line loss for the last financial year, after it was forced to make writedowns on some its assets and investments. City Pacific ...
FLIGHT CENTRE, TURNER FAMILY SET TO FORM BICYCLE JV.
Sep 01, 2008 ... SYDNEY, Sept 1 Asia Pulse - Travel retailer Flight Centre Ltd (ASX:FLT) and the Turner family are set to form a joint venture bicycle business, after confirming today that the parties had formalised the agreement. Under the deal, Flight Centre will transfer its wholesale cycle ...
AUSTRALIAN BOND MARKET OPENS FIRMER - SEPT 1, 2008.
Sep 01, 2008 ... SYDNEY, Sept 1 Asia Pulse - The Australian bond market has opened marginally firmer as dealers await the Reserve Bank of Australia's (RBA) interest rate decision tomorrow. At 0830 AEST, the yield on the Commonwealth Government March 2019 bond was at 5.577 per cent, down from ...
AUSTRALIAN APPETITE FOR CREDIT ON THE WANE.
Sep 01, 2008 ... SYDNEY, Sept 1 Asia Pulse Asia Pulse - Australia's appetite for credit continues to wane following interest rate hikes earlier this year, with the housing sector taking a big hit. Credit figures released today by the Reserve Bank of Australia (RBA) reinforce signs of slowing in ...
HYUNDAI, KIA AIM TO INCREASE COMBINED OUTPUT BY 2010.
Sep 01, 2008 ... SEOUL, Aug. 31 Asia Pulse - The Hyundai Motor Co. (KSE:05380) and its affiliate Kia Motors Corp. (KSE:005380) said Sunday that they are targeting an annual production of over six million vehicles in 2010, or a 9 per cent share of the global market. Hyundai and Kia together sold ...
SOUTH KOREA, URUGUAY TO SIGN FISHERIES PACT.
Sep 01, 2008 ... SEOUL, Aug. 31 Asia Pulse - South Korea and Uruguay will agree on a fisheries pact that can help facilitate greater cooperation in the development of marine resources, the government said Sunday. The deal, which is expected to be signed on Tuesday in Seoul during President ...
SEOUL TO EASE CONTROL OF WMD STRATEGIC MATERIALS EXPORTS.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - Seoul said on Sunday that it will ease control over strategic materials that can be used to make weapons of mass destruction for companies that follow a state-sponsored compliance export program. The Ministry of Knowledge Economy said the move, which ...
KOREA'S HYNIX SEMICONDUCTOR URGES JAPAN TO SCRAP DUTIES ON CHIPS.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - Hynix Semiconductor Inc. (KSE:000660), South Korea's No.2 chipmaker, said Sunday that Japan should immediately scrap punitive duties on its memory chips as required by a ruling of the World Trade Organization (WTO). Late last year, the WTO's dispute ...
NORTH KOREA, LAOS AGREE TO EXPAND TIES.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - North Korea and Laos agreed Saturday to expand cooperation in economy, trade, science and other fields, a North Korean news report said. The agreement was signed at a meeting between North Korean Premier Kim Yong-il and visiting Laotian Prime Minister ...
S. KOREAN FLIGHTS TO THAILAND'S PHUKET CANCELED DUE TO UNREST.
Sep 01, 2008 ... YEONGJONGDO, South Korea, Sept 1 Asia Pulse - All South Korean flights to Thailand's Phuket beach resort were canceled on Saturday as anti-government protesters forced the resort's airport to close, airport officials said. Four flights, including one of the nation's two major ...
LAOTIAN PM ARRIVES IN NORTH KOREA FOR 11-DAY VISIT.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - Laotian Prime Minister Bouasone Bouphavanh arrived in North Korea Saturday for an 11-day visit, a North Korean news report said. The visitor was greeted by North Korean Premier Kim Yong-il upon his arrival at an airport in Pyongyang, the North's Korean ...
INDIA-ASEAN FTA WON'T HIT SOUTHERN FARMERS: INDUSTRY MINISTER.
Sep 01, 2008 ... NEW DELHI, Sept 1 Asia Pulse - Allaying fears of the Left-ruled Kerala that an FTA with ASEAN could harm farmers' interest in the southern states, Commerce and Industry Minister Kamal Nath on Friday said India cannot get isolated in the growing economies of east Asia. "They ...
PRELIMINARY BIDDING FOR DAEWOO SHIPBUILDING TO END BY SEPT. 9.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - The state-run Korea Development Bank (KDB) plans to close the preliminary bidding process for the sale of the Daewoo Shipbuilding & Marine Engineering Co. (KSE:042660), the world's third-largest shipbuilder, by Sept. 9, industrial sources said Saturday. ...
SOUTH KOREA, EU TO SEEK PACKAGE SOLUTION ON FREE TRADE DEAL.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - Chief negotiators from South Korea and the European Union have agreed to seek a package solution on controversial issues such as auto trade after failing to narrow their gap in three-day free trade talks, officials said Friday. South Korean Deputy ...
INDIA'S INFOSYS OPENS BPO CAMPUS AT MAHINDRA SEZ.
Sep 01, 2008 ... JAIPUR, Sept 1 Asia Pulse - Infosys (BSE:500209) on Friday opened its BPO facility at Mahindra World City's SEZ here, in which it had invested Rs 1.71 billion (US$39 billion) in the first phase. Rajathan Chief Minister Vasundhara Raje inaugurated the facility. Infosys ...
STOCKS - SEOUL SHARES TUMBLE ON WALL ST LOSSES - SEPT 1, 2008.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - South Korean stocks opened sharply lower on Monday, weighed down by steep losses among U.S. equities markets in the previous session, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) plunged 23.81 points, or 1.63 per cent, to ...
VIETNAM PAPER GROUP SEEKS REMOVAL OF TARIFFS.
Sep 01, 2008 ... HANOI, Sept 1 Asia Pulse - The Vietnam Paper and Pulp Association (VPPA) has asked the Finance Ministry to eliminate the tariff on printing paper imports from ASEAN countries. The current tariff runs at 5 per cent. The Association said the request aims to stabilise ...
STOCKS - TOKYO SHARES OPEN LOWER - SEPT 1, 2008.
Sep 01, 2008 ... TOKYO, Sept 1 Asia Pulse - Tokyo shares opened lower today, with the benchmark Nikkei-225 index ...
PFIZER WINS LIPITOR PATENT CASE AGAINST RANBAXY IN DENMARK.
Sep 01, 2008 ... NEW DELHI, Sept 1 Asia Pulse - Global pharma giant Pfizer on Friday said it has won a legal battle in Denmark in its ongoing patent litigation over anti-cholesterol drug, Lipitor with Ranbaxy Laboratories (BSE:500359). The Eastern Division of the High Court in Copenhagen, ...
AUSTRALIAN MANUFACTURING ACTIVITY DECLINES IN AUGUST.
Sep 01, 2008 ... SYDNEY, Sept 1 Asia Pulse - Manufacturing activity declined for a third straight month in August as firms struggled with falling demand and higher costs, a survey has found. The Australian Industry Group-PricewaterhouseCoopers Australian performance of manufacturing index (PMI) ...
STOCKS - AUSTRALIAN SHARES OPEN WEAKER - SEPT 1, 2008.
Sep 01, 2008 ... SYDNEY, Sept 1 Asia Pulse - The Australian stock market has opened weaker, dragged lower by the big miners and financials, after US stocks retreated on Friday. At 1015 AEST, the benchmark S&P/ASX200 was down 35.2 points, or 0.69 per cent to 5,100.4, while the broader All ...
PLN BRANCH IN GORONTALO, INDONESIA, SUFFERS US$30 MLN IN LOSSES.
Sep 01, 2008 ... GORONTALO, Indonesia, Sept 1 Asia Pulse - State electricity company PT PLN's branch in Gorontalo province in the first eight months of this year suffered Rp280 billion (US$30.5 million) in losses due in part to a rise in fuel spending. PLN spent Rp50 billion to Rp55 billion a ...
FOREX - RINGGIT ENDS WEAKER AGAINST US DOLLAR - AUG 29, 2008.
Sep 01, 2008 ... KUALA LUMPUR, Aug 29 Asia Pulse - The ringgit ended at 3.3930/3950 against the U.S. dollar ...
MOODY'S PROJECTS FURTHER SLIP IN INDIAN ECONOMY GROWTH.
Sep 01, 2008 ... NEW DELHI, Sep 1 Asia Pulse - Projecting a further slip in the growth of Indian economy, rating agency Moody's on Friday said the global financial market turmoil has taken its toll on the India's financial market. "Foreign investors have rapidly repatriated funds from India, ...
INDIA LAUNCHES POWER STATION UPGRADE FOR TAJIKISTAN'S VARZOB-1.
Sep 01, 2008 ... NEW DELHI, Sep 1 Asia Pulse - India's Petroleum Minister Murli Deora on Friday launched the modernisation project of Tajikistan's Varzob-1 hydro power station, the contract for which is being executed by state run BHEL and NHPC. Tajikistan's 1st Deputy Minister of Energy ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - SEPT 1, 2008.
Sep 01, 2008 ... SYDNEY, Sept 1 Asia Pulse - Highlights of today's newspapers: THE AUSTRALIAN FINANCIAL REVIEW: - The Reserve Bank is odds-on to cut interest rates for the first time in six-and-a-half years. - The Rudd government has cleared the way for tougher takeover ...
RESERVE BANK OF INDIA ISSUES NEW FIVE RUPEE COMMEMORATIVE COINS.
Sep 01, 2008 ... CHANDIGARH, Sep 1 Asia Pulse - The Reserve Bank of India (RBI) has issued new Rs 5 coins to commemorate the '75 Years of Dandi March'. The existing five rupee coins ...
ZAIA - PREMIERE OF 1ST PERMANENT CIRQUE DU SOLEIL SHOW IN ASIA.
Sep 01, 2008 ... (Full text of a statement. Contact details below.) MEDIA RELEASE PR31514 ZAIA -- The First Permanent Cirque du Soleil Show in Asia Celebrates Its World Premiere on August 28 at the Venetian Macao-Resort-Hotel MACAU, Aug. 29 /Xinhua-PRNewswire-AsiaNet/ -- ...
SRI LANKA AVIATION EXPERT SLAMS GOVT INTERNATIONAL AIRPORT PLAN.
Sep 01, 2008 ... COLOMBO, Sept 1 Asia Pulse - Sri Lanka risks losing a race with south Indian airports to become an aviation hub in south Asia owing to misguided plans by politicians to build a second international airport, an aviation expert has warned. Its sole international airport at ...
SRI LANKA AUGUST INFLATION FALLS TO 24.9-PCT.
Sep 01, 2008 ... COLOMBO, Sept 1 Asia Pulse - Consumer prices increases in the Sri Lankan capital Colombo fell to 24.9 per cent in the 12-months to August from 26.6 per cent in July, government statistics showed. Sri Lanka's Central Bank has kept monetary policy tight from the beginning of the ...
INDIA'S APEX CHAMBERS TAKE GDP GROWTH DECLINE IN STRIDE.
Sep 01, 2008 ... NEW DELHI, Sep 1 Asia Pulse - Taking moderation in economic growth in their stride, the apex industry chambers of India on Friday said the decline in GDP expansion was not unexpected, but the cost of borrowing needs to come down. Rating agency Moody's, however, was quite ...
MAGNACHIP UNVEILS N-P CHANNEL MOSFET SERIES FOR LCD SCREENS.
Sep 01, 2008 ... MEDIA RELEASE PR31616 Magnachip Unveils Complimentary N-P Channel Mosfet Series For LCD TVs And Monitors SEOUL, South Korea, Aug. 29 /PRNewswire-AsiaNet/ -- MagnaChip Semiconductor Ltd., a leading provider of analog and mixed signal semiconductor products ...
INDONESIAN GOVT MUST SOON STOP EXPORTING FISH: LOBBY GROUP.
Sep 01, 2008 ... KENDARI, SE Sulawesi, Sept 1 Asia Pulse - The government must soon stop exporting fish in 10 years' time to avoid the threat of fish crisis in 2015, a spokesman said. Most fish stocks in a number of Indonesian waters such as Natuna waters and Java Sea were being over-exploited, ...
RMI WORLD BANK GIVES US$300 MLN FOR INDIA'S E-BHARAT PROGRAMME.
Sep 01, 2008 ... NEW DELHI, Aug 30 Asia Pulse - The World Bank on Friday approved USD 300 million for the national e-governance programme of India, e-Bharat. The fund would be used for preparatory activities, including capacity building and project preparation, at identified states and central ...
SINGAPORE GOVT CONFERS HONORARY CITIZEN AWARD TO RATAN TATA.
Sep 01, 2008 ... NEW DELHI, Sep 1 Asia Pulse - Tata Group Chairman Ratan Tata has been conferred with the honorary citizen award by the Singapore government for his contributions to the island nation's growth and development. "The award is the highest form of recognition given by the Singapore ...
SHANGHAI CENTURY ANNOUNCES AMOUNT OF LIQUIDATING DISTRIBUTION.
Sep 01, 2008 ... (Full text of a statement. Contact details below.) (BW)(NY-SHANGHAI-CENTURY-ACQ) Shanghai Century Acquisition Corporation Announces Amount of Liquidating Distribution Business Editors NEW YORK--(BUSINESS WIRE) - Aug. 29, 2008-- Shanghai Century ...
KOREA'S LEE STILL UNDECIDED ON JOINING TRILATERAL E. ASIA SUMMIT.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - President Lee Myung-bak has yet to decide whether he will participate in a trilateral summit of South Korea, Japan and China likely to be held in Japan next month, the presidential office Cheong Wa Dae said Saturday. Japan's Kyodo News reported earlier ...
PHILIP MORRIS INT. FORCED TO DROP ANOTHER CONCERT SPONSORSHIP.
Sep 01, 2008 ... (Full text of a statement. Contact details below.) MEDIA RELEASE PR31623 Philip Morris International Forced To Drop Another Concert Sponsorship; Philippines Health Department Applauded for Taking Action WASHINGTON, Aug. 30 /PRNewswire-AsiaNet/ -- ...
ETIHAD AIWAYS CUTS RAMADAN AIRFARES BY UP TO 50 PCT.
Sep 01, 2008 ... ABU DHABI, Sept 1 Asia Pulse - Etihad Airways, the UAE national carrier, has cut many of its air fares by up to 50 per cent for travel during Ramadan and the autumn period. The special promotion, which runs from September 1 to November 10, sees prices to popular destinations ...
TAIWAN MINISTER PROJECTS ECONOMIC BOOST FROM DEREGULATION.
Sep 01, 2008 ... TAIPEI, Sep 1 Asia Pulse - Taiwan's private investment and consumption indices are expected to rise in the first half of next year following the deregulation of trade and investment across the Taiwan Strait, Minister of Economic Affairs Yiin Chii-ming said Sunday. In an ...
YEVGENIY TIMOSHENKO WINS HISTORIC APT MACAU!
Sep 01, 2008 ... MEDIA RELEASE PR31631 Yevgeniy Timoshenko Wins Historic APT Macau! MACAU, August 31 /PRNewswire-AsiaNet/ -- - The Game Of Poker Makes Giant Leap In Asia 20-year-old Yevgeniy Timoshenko, a highly rated player from the United States of Ukrainian ...
TAIWAN RICE EXPORTS PRICE TO ENSURE DOMESTIC SUPPLIES: OFFICIAL.
Sep 01, 2008 ... TAIPEI, Sep 1 Asia Pulse A Taiwan Council of Agriculture (COA) official reiterated Thursday that the minimum price restrictions on rice exports will help reduce export volume and ensure sufficient domestic supplies. COA Chairman Chen Wu-hsiung made the remarks to explain a ...
SRI LANKA PORTS AUTHORITY BOSS RESIGNS.
Sep 01, 2008 ... COLOMBO, Sept 1 Asia Pulse - The chairman of the Sri Lanka Ports Authority (SLPA) Saliya Wickramasuriya said he will be resigning from his post for personal reasons at the end of this month. Wickramasuriya said ports and aviation minister Chamal Rajapaksa had accepted his letter ...
INDONESIA WEEK 2008 TO PROMOTE TRADE, INVESTMENT IN BEIJING.
Sep 01, 2008 ... BEIJING, Sept 1 Asia Pulse - The Indonesian Embassy in Beijing is to stage "Indonesia Week 2008" on October 10-15 in Wangfujing, Beijing, to promote Indonesia's trade, investment and tourism potentials to the people of China, an embassy spokesperson said. "Such an activity will ...
TOTAL AUTOMATION BECOMES WRTSIL AUTOMATION SERVICES SINGAPORE.
Sep 01, 2008 ... (Full text of a statement. Contact details below.) MEDIA RELEASE PR31615 Total Automation Becomes Wrtsil Automation Services Singapore HELSINKI, Sept 1 /PRNewswire-AsiaNet/ - Wrtsil Corporation's subsidiary in Singapore, Total Automation Pte ...
TAIWAN'S TAICHUNG HARBOR PROPOSED AS FREE TRADE AREA.
Sep 01, 2008 ... TAIPEI, Sep 1 Asia Pulse - Local government heads in central Taiwan proposed Saturday that a free trade area be set up at Taichung Harbor in Taichung County to attract foreign investment. The proposal was made at a regular meeting of the local heads in response to a request by a ...
S KOREAN GOVT CONSIDERS HIKING PUBLIC UTILITY CHARGES IN OCTOBER.
Sep 01, 2008 ... SEOUL, Sept 1 Asia Pulse - The government plans to raise electricity and other public utility charges next month, but the planned increases will be smaller than earlier sought, officials said Sunday. In July, the government said it was considering raising gas and electricity ...
POTENTIAL LOSS TO INDONESIAN GAS FIELD IS US$70 BLN: V-P.
Sep 01, 2008 ... BANDUNG, Sept 1 Asia Pulse - Vice President Jusuf Kalla corrected a media report which said Indonesia had suffered a loss of Rp70 trillion (US$7.6 billion) in negotiations on Tanggung LNG exports to China, because the actual potential loss reached Rp 700 trillion. "The potential ...
PUSH FOR NEW TAX ON "GAS GUZZLER" CARS IN AUSTRALIA.
Sep 01, 2008 ... CANBERRA, Sept 1 Asia Pulse - A push to slap an extra tax on "gas-guzzler" cars is gaining momentum. The federal government wants to increase the luxury car tax - from 25 per cent to 33 per cent - on vehicles worth more than ,180 ($US48,934.64), but is facing a opposition in the ...
INDIAN GOVT GIVES NOD TO DEAL WITH NORWAY FOR FISHERY MANAGEMENT.
Sep 01, 2008 ... NEW DELHI, Sept 1 Asia Pulse - India will soon ink a deal with Norway for bilateral cooperation in the fisheries segment following the government's approval for the same Friday. "The Union Cabinet gave its approval for signing of the MoU on bilateral cooperation in the field of ...
CHINA'S WORSENING INVESTMENT CLIMATE A CHALLENGE TO TAIWAN FIRMS.
Sep 01, 2008 ... TAIPEI, Sep 1 Asia Pulse - China's worsening investment climate and a series of government austerity measures to cool down the economy after the Beijing Olympics have emerged as a severe challenge to many Taiwan businesses that were pioneers in that vast market two decades ago, analysts ...
SRI LANKAN BANK SAMPATH'S QTRLY NET SOARS 130% POST RESTATEMENT.(Financial report)
Sep 01, 2008 ... COLOMBO, Sept 1 Asia Pulse - Sri Lanka's Sampath Bank said its June quarter net profit shot up 130 per cent to 374 million rupees (US$3.52 million) from a year ago after it restated the previous year's earnings to take into account increased income tax. According to the bank's ...
INDO-RUSSIAN COMBINE GETS PAN-INDIA CDMA SPECTRUM.
Sep 01, 2008 ... NEW DELHI, Sept 1 Asia Pulse - Shyam Telecom (BSE:517411) and Russian major Sistema combine Friday became the first new telecom operator to get pan-India start-up spectrum to offer mobile services. Communication and IT Minister A Raja has signed the file for allotting CDMA ...
MORE INDIAN MID-MARKET FIRMS TO ADOPT HR OUTSOURCING: STUDY.
Sep 01, 2008 ... NEW DELHI, Sept 1 Asia Pulse - An increasing number of Indian mid-market companies with about 3,000-15,000 employees, are expected to adopt Human Resources Outsourcing in the coming years in an attempt to bring down cost and reap gains from latest technologies, says a study. ...
PHILIPPINES HEALTH DEP'T TAKES MOVES TO AVERT TB/HIV EPIDEMIC.
Sep 01, 2008 ... MANILA, Sep 1 Asia Pulse - The Philippines' Department of Health (DOH) has implemented an administrative order (AO) to heighten its effort in averting a possible epidemic brought by the joint burden of tuberculosis (TB) and human immunodeficiency virus (HIV). The DOH-AO No ....
BUSH URGES CONGRESS TO RATIFY KOREA-US FTA TO HELP BOOST ECONOMY.
Sep 01, 2008 ... WASHINGTON, Sept 1 Asia Pulse - United States President George W Bush Sunday urged Congress to approve pending free trade deals with South Korea, Colombia and Panama, saying they will greatly enhance the US gross domestic product, which is growing more dependent on exports. "It ...
CEBU PACIFIC EXPANDS CEBU HUB WITH 2 NEW AIRCRAFT, 3 SECTORS.
Sep 01, 2008 ... CEBU CITY, Sept 1 Asia Pulse - Cebu Pacific (CEB) is expanding its Cebu operations hub with the addition of two new aircraft and three new domestic flights. Cebu Pacific president and chief executive officer Lance Gokongwei said CEB will take delivery of two high standard ...
PHILIPPINES ASKS FOREIGN MINING FIRMS TO PROTECT THE ENVIRONMENT.
Sep 01, 2008 ... MANILA, Sep 1 Asia Pulse - Philippines Senate Minority Leader Aquilino Pimentel Jr. on Sunday asked the foreign mining firms to observe preservation and protection of the environment while performing mining operations in the country. Sen. Pimentel said, there are mining firms ...
INDIAN MINISTRY WANTS GAIL, NTPC TO INFUSE MORE EQUITY IN DABHOL.
Sep 01, 2008 ... NEW DELHI, Sept 1 Asia Pulse - India's Finance Ministry wants state-run GAIL (BSE:532155) and NTPC (BSE:532555) to infuse an additional equity of Rs 4,750 million (US$108 million) each in the Dabhol power project along with lenders converting their Rs 450 crore (US$103 million) debt into ...
SINGAPORE NEWSPAPER HIGHLIGHTS - SEPT 1, 2008.
Sep 01, 2008 ... SINGAPORE, Sept 1 Asia Pulse - Highlights of today's newspapers: BUSINESS TIMES: - Business sales and profits here took a big hit in the second quarter amid a sharp economic slowdown, and GDP growth in the third quarter of this year could slow further to 1.4 per ...
EXIM BANK APPROVES US$ 400 MLN LOAN GUARANTEE TO RELIANCE INDIA.
Sep 01, 2008 ... NEW DELHI, Sep 1 Asia Pulse - Exim Bank of US has approved a US$400 million loan guarantee to Reliance Industries (BSE:500325) to import equipment and services for oil and gas exploration and production work in the Krishna Godavari basin. "RIL will use Export-Import Bank's ...
INDIA'S FMC REJECTS REQUEST TO HIKE PENALTY; MULLS OTHER OPTIONS.
Sep 01, 2008 ... NEW DELHI, Sep 1 Asia Pulse - Indian commodity market regulator Forward Markets Commission has rejected traders and exporters demand to hike the delivery default penalty, saying it is working on other alternatives to tighten the system. "Imposing hefty penalty is not the only ...
CZECH REPUBLIC WOOS INDIAN COMPANIES TO INVEST.
Sep 01, 2008 ... CHANDIGARH, Sep 1 Asia Pulse - The Czech Republic today invited Indian companies to invest in its potential sectors to further strengthen the mutual trade that has grown by 42 per cent in the first half of 2008. "We invite the Indian corporates to invest in several potential ...
SRI LANKA'S EQUITY ONE POSTS 80 PCT JUNE QTR NET FALL.(Financial report)
Sep 01, 2008 ... COLOMBO, Sept 1 Asia Pulse - Equity One, part of Sri Lanka's Carson Cumberbatch group, reports June quarter net profit fall of 80 per cent to 1.4 million rupees (US$13,161) from a year ago, according to interim results released by the firm. Revenue went up eight per cent to 25.4 ...