AsiaPulse News back issues from June 2009:
FOREX - AUSTRALIAN DOLLAR OPENS HIGHER - JUNE 1, 2009.
Jun 01, 2009 ... SYDNEY, June 1 Asia Pulse - The Australian dollar opened above $US0.8000 for the first time in eight months on Monday on a surge in risk appetite as the safe-haven US dollar continued to weaken. At 0700 AEST, the Australian dollar was trading at $US0.8017 19, up from Friday's ...
AUSTRALIAN BOND MARKET OPENS FIRMER - JUNE 1, 2009.
Jun 01, 2009 ... SYDNEY, June 1 Asia Pulse - The Australian bond market opened firmer on Monday, as the market soaked up last week's billion US bond issuance ahead of key domestic economic data this week. At 0830 AEST, the yield on the Commonwealth Government March 2019 bond was 5.285 per cent, ...
AUSTRALIA'S METCASH POSTS 2.55PCT LIFT IN ANNUAL NET PROFIT.
Jun 01, 2009 ... SYDNEY, June 1 Asia Pulse - Grocery and liquor merchant Metcash Ltd (ASX:MTS) has posted a 2.55 per cent lift in annual net profit and says it expects no weakening in its core grocery market in the months ahead. Metcash reported net profit of $202.5 million for the year ended ...
KOREA, ASEAN OPEN SPECIAL SUMMIT TO MARK 20-YEAR PARTNERSHIP.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - South Korean President Lee Myung-bak and leaders of 10 countries that form the Association of Southeast Asian Nations (ASEAN) were to open a special summit here Monday, focusing on ways to boost bilateral cooperation and form a joint front ...
RANKING U.S. OFFICIALS TO VISIT SEOUL ON NORTH KOREAN ISSUES.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - U.S. Deputy Secretary of State James Steinberg will visit South Korea early this week to discuss measures against North Korea's recent nuclear test and missile launches, the Foreign Ministry here said Sunday. The North carried out its second nuclear ...
VISITING ASEAN LEADERS MEET KOREAN EXECS OVER INVESTMENT.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - Several Southeast Asian leaders, visiting the country for a special summit with President Lee Myung-bak, have met with South Korean businessmen for discussions on closer cooperation in investment, local officials said Sunday. Leaders of the 10-member ...
SOUTH KOREA TO INTENSIFY COOPERATION WITH ASEAN.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - South Korea will step up cooperation with Southeast Asian countries in developing energy and mineral resources as part of efforts to secure sufficient supply, a top policymaker said Sunday. "We will continue to sign memorandums of ...
SOUTH KOREA OFFERS MOBILE TV SERVICE TO ASEAN LEADERS.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - South Korea has launched a mobile TV broadcasting service for leaders and their delegation from the Association of Southeast Asian Nations (ASEAN) participating in the upcoming summit talks to be held here this week. The Korea ...
WOODSIDE PETROLEUM TO USE PORT OF BROOME FOR LNG SERVICE HUB.
Jun 01, 2009 ... PERTH, June 1 Asia Pulse - Woodside Petroleum Ltd (ASX:WPL) is poised to use the Port of Broome in Western Australia as a service hub for its Browse Basin liquefied natural gas (LNG) development, the port says. The facility is the closest established port to the emerging Browse ...
SOUTH KOREA, ASEAN AGREE TO EXPAND ECONOMIC TIES.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - The secretary-general of the Association of Southeast Asian Nations (ASEAN) agreed Sunday to support the expansion of economic and diplomatic ties between Korea and the 10-member regional body as they were set to hold a special summit to mark ...
SEOUL, BANGKOK AGREE TO STRENGTHEN TIES ON NORTH KOREA.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - South Korean President Lee Myung-bak and the prime minister of Thailand, Abhisit Vejjajiva, called on North Korea to abandon its nuclear ambition Sunday as they agreed to significantly improve ties between their two countries. The ...
CALL FOR FORMATION OF ECONOMIC BLOC BETWEEN SOUTH KOREA, ASEAN.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - South Korean President Lee Myung-bak called for efforts to form an economic bloc between Korea and the Association of Southeast Asian Nations (ASEAN) at a meeting of CEOs on Sunday, saying the move will create a driving force to get the world ...
NET DIRECT FOREIGN INVESTMENT PLUNGES IN SOUTH KOREA.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - South Korea's net foreign direct investment (FDI) plunged 76 per cent from a year earlier in the first four months of this year, as local companies remain reluctant to invest overseas amid a prolonged economic slump, data showed Sunday. FDI refers to ...
ASEAN TO EXPLORE WAYS FOR ASIA TO BECOME GLOBAL TRADE ENGINE.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - Asia as a region can play a leading role in global free trade, and its leaders will seek ways for the region to become the world's future "growth engine" when they meet for a special summit next week, Philippine President Gloria Macapagal Arroyo said. ...
S. KOREAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2009.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - Highlights of today's newspapers: KOREAN-LANGUAGE DAILIES -- Suicide of Roh rises pressure for gov't reform (Kyunghyang Shinmun) -- Ruling, rival party clash over Roh's death (Kukmin Ilbo) -- N. Korea confirmed to have delivered ICBM to Dongchang-ri ...
CHINESE TRADE PROCUREMENT TEAM ARRIVES IN TAIWAN.
Jun 01, 2009 ... TAIPEI, June 1 Asia Pulse - A 77-member trade delegation from China arrived in Taipei Sunday to procure a variety of products ranging from high-tech devices to traditional craftworks. The delegation, headed by Li Shuilin, president of the Association for Trade and Economic ...
GARUDA INDONESIA TO USE AIRBUS TO SERVE BEIJING-JAKARTA ROUTE.
Jun 01, 2009 ... BEIJING, June 1 Asia Pulse - Garuda Indonesia plans to use an Airbus plane to serve the Beijing-Jakarta route starting early next year as part of efforts to provide better services to passengers. The plan to use an Airbus plane was aimed at anticipating fierce competition among ...
TAIWANESE BUSINESS CONDITIONS SLUGGISH IN APRIL.
Jun 01, 2009 ... TAIPEI, June 1 Asia Pulse - Although the total score of the monitoring indicators for Taiwan's economy advanced in April one point to 11 from March, business conditions in the domestic market remained sluggish, a government agency said Wednesday. Hung Jue-pin, director of the ...
INDONESIAN GARMENT EXPORTS DOWN 0.8 PCT.
Jun 01, 2009 ... JAKARTA, June 1 Asia Pulse - Indonesian garment exports have dropped around 0.8 per cent due to the impact of the financial crisis in the US, the executive director of Textile Indonesia, Retmo, said here on Saturday. "Our textile production is down around five per cent as a ...
STOCKS - TOKYO SHARES OPEN LOWER - JUNE 1, 2009.
Jun 01, 2009 ... TOKYO, June 1 Asia Pulse - Tokyo share prices opened slightly lower Monday, with the benchmark Nikkei-225 ...
VISITING ASEAN LEADERS MEET KOREAN EXECUTIVES OVER INVESTMENT.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - Several Southeast Asian leaders, visiting the country for a special summit with President Lee Myung-bak, have met with South Korean businessmen for discussions on closer cooperation in investment, local officials said Sunday. Leaders of the 10-member ...
THAI PREMIER CALLS FOR KOREA-ASEAN EFFORTS TO FIGHT GLOBAL CRISIS.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - Thai Prime Minister Abhisit Vejjajiva called on South Korea and the 10-member Association of Southeast Asian Nations (ASEAN) to join efforts in fighting the global economic slowdown, saying no country can overcome the crisis alone. ...
TAIWAN INCREASES SURCHARGE ON CIGARETTES FROM JUNE 1: DOH.
Jun 01, 2009 ... TAIPEI, June 1 Asia Pulse - Taiwan's health and welfare surcharge on tobacco products will be increased from the present NT$10 per pack to NT$20 (US$0.61) per pack from June 1, a senior health official said Sunday. Chao Kun-yu, director of the Bureau of Health Promotion under ...
STOCKS - SEOUL SHARES INCH UP AFTER WEAK START - JUNE 1, 2009.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - South Korean stocks started weaker Monday but quickly gained ground as prospects for an economic recovery overshadowed institutional selling, analysts said. The benchmark Korea Composite Stock Price Index (KOSPI) climbed 3.64 points, or 0.26 per cent, ...
AUSTRALIAN NEWSPAPER HIGHLIGHTS - JUNE 1, 2009.
Jun 01, 2009 ... SYDNEY, June 1 Asia Pulse - Highlights of today's newspapers: THE AUSTRALIAN: - Australia's listed companies have raised a record $70 billion in the past year and $15 billion in the past month alone, increasing their chances of survival. Australian Federal Police have ...
STOCKS - AUSTRALIAN SHARES OPEN HIGHER - JUNE 1, 2009.
Jun 01, 2009 ... SYDNEY, June 1 Asia Pulse - The Australian share market has opened higher, following gains on Wall Street on Friday and higher commodity prices. At 1015 AEST, the benchmark S&P/ASX200 was up 8.03 points, or 0.21 per cent, at 3826, while the broader All Ordinaries had gained 9.32 ...
N. KOREA BANS NAVIGATION IN MID, UPPER YELLOW SEA: SOURCES.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - North Korea has recently prohibited vessels from navigating in mid and upper parts of the Yellow Sea, prompting South Korea to monitor the region for possible signs of a provocation, intelligence sources said Monday. North Korea routinely sets up ...
INDONESIA'S CREATIVE INDUSTRY GROWTH SET AT 10 PCT.
Jun 01, 2009 ... JAKARTA, June 1 Asia Pulse - Small and Medium Scale Industry Director General Fauzi Aziz said Indonesia has set the annual growth of its creative industries at 10 per cent. "In the 2002-2006 period, creative industry is the seventh biggest contributor to the gross domestic ...
AUSTRALIA'S TALBOT GROUP TAKES 15PCT STAKE IN ROBUST RESOURCES.
Jun 01, 2009 ... SYDNEY, June 1 Asia Pulse - Gold, silver and copper explorer Robust Resources Ltd (ASX:ROL) says Talbot Group Investments will become an investor in the company after taking a 15 per cent stake. Robust plans to place 7.24 million shares to Talbot at 35 cents, subject to ...
AUSTRALIAN STATE LEADER CALLS FOR CALM AFTER INDIAN PROTESTS.
Jun 01, 2009 ... MELBOURNE, June 1 Asia Pulse - Victorian Premier John Brumby has called for calm after a rowdy protest in Melbourne's CBD sparked by attacks against Indian students. Mr Brumby branded the attacks as repugnant, but said they must be seen in perspective. He said ...
FOREX - U.S. DOLLAR OPENS WEAKER AGAINST WON - JUNE 1, 2009.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - The U.S. dollar on Monday opened at 1,253.0 ...
SSANGYONG MOTOR CLOSES MAIN FACTORY IN RESPONSE TO LABOR STRIKE.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - Ssangyong Motor Co. (KSE:003620), a South Korean automaker under bankruptcy protection, said Sunday it has closed its main factory south of Seoul, responding to a labor strike staged ahead of massive job cuts. The automaker's labor union walked off the ...
SRI LANKA INFLATION ACCELERATES TO 3.3 PCT IN MAY.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - Consumer price inflation in Sri Lanka's capital Colombo accelerated to 3.3 per cent in the 12-months to May from 2.9 per cent in April, with prices jumping 2.0 per cent during the month, the government's statistics office said. Sri Lanka's central ...
FOREX - US DOLLAR ENDS CHEAPER AGAINST RUPEE - MAY 29, 2009.
Jun 01, 2009 ... MUMBAI, May 29 Asia Pulse - The U.S. Dollar ended sharply cheaper against the Rupee at Rs.47.11/12 per dollar but the Pound sterling turned ...
SRI LANKA'S JOHN KEELLS HIT BY ECONOMIC CRISIS, BUNKER LOSS.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - Sri Lanka's John Keells Holdings (JKH) said net profit fell 7.4 per cent to 4.7 billion rupees (US$40.9 million) in the financial year ended 31 March 2009 from a year ago. Revenue fell 1.9 per cent to 41 billion rupees in the same period. ...
KUMHO ASIANA CHIEF, VIETNAMESE PM AGREE ON CONTINUED TIES.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - South Korea's Kumho Asiana Group said Sunday its chairman has pledged continued investment in Vietnam in a meeting with the Southeast Asian nation's Prime Minister Nguyen Tan Dung. Park Sam-koo, chairman of Kumho Asiana, promised continued investment ...
EMIRATES ADDS 22 WEEKLY FLIGHTS TO INDIA FROM SRI LANKA.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - The Dubai-based Emirates airline has said it will add 22 weekly flights to India in an expansion encouraged by liberalization of its skies that has made the sub-continent one of the world's fastest-growing aviation markets. The carrier said in a ...
S KOREA, ASEAN BIZ LEADERS TO DISCUSS COOPERATION, GREEN GROWTH.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - Business leaders from South Korea and the Association of Southeast Asian Nations (ASEAN) were to have their second-day meeting Monday to discuss ways to intensify cooperation and review possible future business opportunities. The business leaders ...
SOUTH KOREA, LAOS TO IMPROVE BILATERAL TIES.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - South Korean President Lee Myung-bak on Monday agreed to increase his country's assistance to Laos and to improve bilateral ties in talks with Laotian Prime Minister Bouasone Bouphavanh here. "President Lee offered to provide ...
HONG KONG NEWSPAPER HIGHLIGHTS - JUNE 1, 2009.
Jun 01, 2009 ... HONG KONG, June 1 Asia Pulse - Highlights of today's newspapers: SOUTH CHINA MORNING POST: - The central government has increased the retail prices of diesel and petrol, easing the pressure on refiners from rising international oil prices. - Husky Energy, ...
SEOUL BOURSE LIKELY TO TRADE IN TIGHT RANGE THIS WEEK.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - The South Korean stock market is expected to trade in a narrow range this week as investors are likely to digest the lingering impact of North Korea's nuclear test and prospects of an economic recovery, analysts said Saturday. The benchmark Korea ...
COMPUTEX TAIPEI DESIGN, INNOVATION AWARDS TO BE ANNOUNCED JUNE 1.
Jun 01, 2009 ... TAIPEI, June 1 Asia Pulse - Computex Taipei will present awards in five different categories on June 1 to top international innovators and designers in the field of information technology, the Taiwan External Trade and Development Council (TAITRA) said Thursday. A total of 20 ...
FOREX - U.S. DOLLAR ENDS FIRMER AGAINST RINGGIT - MAY 29, 2009.
Jun 01, 2009 ... KUALA LUMPUR, May 29 Asia Pulse - The ringgit ended at 3.4940/4990 against the U.S. dollar on ...
CYIT SELECTS VIVANTE TO MEET GPU NEEDS OF TD-SCDMA WIRELESS DEVICES.
Jun 01, 2009 ... (Full text of statement. Contact details below.) MEDIA RELEASE PR34811 CYIT Selects Vivante to Meet the GPU Needs of TD-SCDMA Wireless Devices SUNNYVALE, Calif., June 1 /PRNewswire-AsiaNet/ -- Vivante Corporation today announced that Chongqing ...
ISRAELI DIAMOND SECTOR SEES MARKETING HOPE IN ECONOMIC CRISIS.
Jun 01, 2009 ... (Full text of a statement. Contact details below.) The Israeli Diamond Industry Sees Economic Crisis as Opportunity for Innovative Marketing RAMAT GAN, June 1 PRNewswire-AsiaNet - 'Together Works' Uses New and Established Marketing Tools The Israeli ...
SEOUL, BANGKOK AGREE TO STRENGTHEN TIES, COOPERATION ON N KOREA.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 (Yonhap) - South Korean President Lee Myung-bak and the prime minister of Thailand, Abhisit Vejjajiva, called on North Korea to abandon its nuclear ambition Sunday as they agreed to significantly improve ties between their two countries. The ...
SRI LANKAN TEA PRICES WEAKEN FURTHER.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - Sri Lankan tea prices sagged further last week, pushed down by larger volumes, lower quality and a stronger rupee, brokers said. The total of 7.34 million kilos on offer at the Colombo auctions made it the largest auction quantity for the year, Asia ...
SOUTH KOREAN TRADE SURPLUS TOPS $US5BLN IN MAY.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - South Korea's trade surplus reached US$5.15 billion in May, mainly due to a sharp drop in imports, a government report showed Monday. The country's exports came to $28.2 billion last month, falling 28.3 percent on-year, with imports plummeting 40.4 ...
SRI LANKA GOVT SEEKS EXTRA FUNDS FOR EXPORT SUPPORT PACKAGE.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - Sri Lanka's government said it plans to ask parliament for extra funds to pay for a bailout package to help exporters cope with a downturn in trade caused by recession. Cabinet spokesman media minister Anura Yapa said the cabinet last week had ...
SRI LANKA CELCO MOBITEL TO SPEND US$4.9 MLN ON CRICKET SPONSORSHIP.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - Sri Lankan celco Mobitel will spend 557 million rupees (US$4.85 million) in a four year sponsorship of the island's cricket team, the company's parent, Sri Lanka Telecom (SLT) said. SLT said in a stock exchange filing that the deal, one of the ...
K RAHEJA APPROACHES INDIAN BOARD FOR WITHDRAWAL OF IT/ITES SEZ.
Jun 01, 2009 ... NEW DELHI, June 1 Asia Pulse - Real estate developer K Raheja Universal has approached the Board of Approval (BoA) in India's Commerce Ministry with a request to withdraw its IT ITeS SEZ in Navi Mumbai, citing global downturn as the reason behind surrendering the Special Economic Zone. ...
IMF COMPLETES REVIEW OF KYRGYZ REPUBLIC.
Jun 01, 2009 ... BISHKEK, June 1 Asia Pulse - The Executive Board of the International Monetary Fund (IMF) on May 22 completed the first review of the Kyrgyz Republic's economic performance under the 18-month Exogenous Shocks Facility (ESF) arrangement and approved the immediate release of SDR 16.65 ...
INDONESIAN HANDICRAFT DEV'T HAMPERED BY DESIGN PROBLEMS.
Jun 01, 2009 ... JAKARTA, June 1 Asia Pulse - Indonesia is facing a design problem in the development of its handicraft industries, Small and Medium-Scale Industry Director General Fuazi Aziz said here on Sunday. He said that the quality and volume of Indonesia`s handicraft production were ...
SRI LANKA CB BACKED POST WAR CREDIT TO USE REVOLVING FACILITY: OFFICIAL.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - A central bank supported credit scheme to help war-affected Sri Lankans will not use printed money, but cash from a revolving credit facility separately managed by the monetary authority, a top official said. Sri Lanka's central bank is planning a ...
S. KOREAN CONGLOMERATES SEE NO SIGN OF EARNINGS RECOVERY.
Jun 01, 2009 ... SEOUL, June 1 Asia Pulse - South Korean conglomerates expected their earnings to remain sluggish towards the end of this year, hit by a sharper decline in exports and stubbornly weak domestic consumption, a survey showed Monday. The Federation of Korean Industries said in a ...
INDONESIA NOT SERIOUS ABOUT DEVELOPING BIOFUELS: RESEARCHER.
Jun 01, 2009 ... JAKARTA, June 1 Asia Pulse - The Indonesian government is not serious in supporting the development of biofuel as an alternative energy source in the country, a biofuel researcher said. "There is no point in developing biofuels such as bioethanol and biodiesel if the effort is ...
INDIAN PHARMA CO WOCKHARDT APPOINTS BDO HARIBHAKTI AS AUDITOR.
Jun 01, 2009 ... NEW DELHI, June 1 Asia Pulse - Indian pharma company Wockhardt (BSE:532300) on Friday said the audit committee and board of directors of the company has appointed accountancy firm BDO Haribhakti as auditor for the next five years. Wockhardt Ltd has a policy of rotating statutory ...
INDIAN OIL CORP'S SRI LANKA UNIT LOSES MONEY IN MARCH QTR ON HEDGING.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - Lanka IOC, a unit of Indian Oil Corporation (IOC) (BSE: 530965) said it lost 1.6 billion rupees (US$13.9 million) in the March 2009 quarter against a profit of 890.7 million rupees last year as the firm was hit by adverse oil hedges and taxes. Sri ...
INDIAN DRUG MAKER RANBAXY NAMES BSR AS CHARTERED ACCOUNTANTS.
Jun 01, 2009 ... MUMBAI, June 1 Asia Pulse - Drug maker Ranbaxy Laboratories (BSE:500359) on Friday said its shareholders had approved the appointment of BSR & Co Chartered Accountants, an Indian associate of KPMG, as statutory auditors of the company. In a filing to the Bombay Stock Exchange, ...
SRI LANKA SEES CHANCE TO REBUILD MERCHANT FLEET.
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - Sri Lanka could make use of the global slump in shipping to rebuild its national merchant fleet as ships without work are now going cheap, the island's navy chief Wasantha Karannagoda has said. The end of the 25-year-old ethnic war gives the country ...
GDP FIGURES TO HELP INDIA ATTTRACT FDI.
Jun 01, 2009 ... NEW DELHI, June 1 Asia Pulse - Enthused by better-than-expected GDP growth rate of 6.7 per cent in the last fiscal, economists and industry associations on Friday said it would help in attracting foreign investment and affirms the resilience of the Indian economy. "The ...
JASA SARANA TARGETS GEOTHERMAL EXPLORATION IN 2010.
Jun 01, 2009 ... JAKARTA, June 1 Asia pulse - The West Java regional government owned firm PT Jasa Sarana has set itself a target to begin geothermal explorations in two mining concessions, namely Gunung Tampomas and Cosolok-Cisukarame in West Java in 2010, the company's chief executive said. ...
SRI LANKA'S HDFC BANK POSTS LOSS IN MARCH QUARTER.(Financial report)
Jun 01, 2009 ... COLOMBO, June 1 Asia Pulse - Sri Lanka's Housing Development and Finance Corporation (HDFC) said it posted a loss in the March 2009 quarter amid rising interest expenses and sharp falls in interest and fee-based income. The bank made a loss of 52 million rupees (US$452,556) in ...
S. KOREA, ASEAN BUSINESS LEADERS CALL FOR CLOSER COOPERATION.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - Political and business leaders joining the Korea-ASEAN CEO summit here Sunday called for closer regional cooperation between South Korea and Southeast Asian nations to lead global economic growth and accelerate co-prosperity. The ...
S. KOREA TO INCREASE EFFORTS TO EXPAND PRESENCE IN ASEAN MARKETS.
Jun 01, 2009 ... JEJU ISLAND, South Korea, June 1 Asia Pulse - A free trade deal on merchandise that South Korea signed with the Association of Southeast Asian Nations (ASEAN) two years ago has helped pave the way for both sides to expand bilateral trade, investment and personal exchanges, the Seoul ...