25 August 2008 02:00 [Source: ICIS news]
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Business & Industry
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President Hu starts 3-nation
President Hu Jintao is set to arrive in
Business & Industry
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A US Navy destroyer carrying relief supplies arrived at a port in
Business & Industry
Outlook could prompt rate hike
The government’s updated economic growth and inflation forecasts released last week may prompt a mild interest rate hike next month by the central bank, and that will possibly pose an end to the policymaker’s four-year-long monetary tightening on concern the nation’s economic slowdown will deepen, economists said.
Central bank says it has no Fannie, Freddie shares
The central bank said yesterday it did not own any common or preferred shares of Freddie Mac or Fannie Mae, whose credit ratings were downgraded to near junk status, leading pundits to voice worries that the twist could deal another blow to the stock market.
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Opposition decries meeting on KBS
Opposition parties are intensifying their offensive over the recent contentious meeting between presidential aides, and former and current KBS officials.
Companies throw cash, prizes at Olympic medalists
Korean companies have gained huge promotional benefits from the Beijing Olympic Games, and today they will welcome Korean medalists home with ample cash awards and other prizes in hand.
Business & Industry
Gas to fall to W1,600 per liter
Retail gasoline prices in
How businesses deal with climate change will affect their funding
It has been no more than three weeks since President Lee Myung-bak promised to shift the nation's growth paradigm to low-carbon, sustainable growth in Korea.
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Pakatan can't govern due to differences, warns Najib
Deputy Prime Minister Datuk Seri Najib Razak said the differences between the Pakatan Rakyat parties would prevent them from governing the country smoothly.
Dissatisfaction with Anwar, so 200 quit PKR
Frustrated with the leadership of Datuk Seri Anwar Ibrahim, some 200 Parti Keadilan Rakyat members left the party.
Mega cities of opportunity
Malaysian contractors like Eversendai Corp, MMC, Gamuda and WCT Engineering that have vast
MAHB seeks developers, investors for land around KLIA
Malaysia Airports aims to increase its non-aviation revenues and passenger numbers at KLIA by developing its 1,092ha of the total non-aeronautical land
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Listed Asian bourses brace for headwinds
The sharp drop in stock market volumes and listings have left stock exchanges in the Asia-Pacific reeling with an earnings slump in the quarter ended June 30.
The Beijing Olympics, played out against a background of political jostlings and featuring 16 days of compelling and sometimes controversial action, drew to a spectacular close on Sunday.
Business & Industry
Airlines unlikely to cut fuel surcharges soon
OIL prices may have dropped, but travellers are unlikely to see this translating to lower fuel surcharges just yet as far as airlines are concerned.
Consultants float idea of 'split pay' for expats
HEDGING is used by companies to manage forex volatility but human resource consultants say the same principle can be applied to expatriate pay packages to help combat inflation and currency fluctuations.
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Duang probe tightens
The National Counter Corruption Commission on Sunday gave Prime Minister Samak Sundaravej a 15-day deadline to explain how the publicly reviled son of then-interior minister Chalerm Yubamrung has managed to rejoin the Royal Thai Army.
Two more southern bomb suspects arrested
Two more suspects were arrested on Sunday for alleged involvement in the deadly bombing in Narathiwat province last week.
Business & Industry
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