Countries
Archived
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Saturday, March 10, 2012
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Corona to accept verdict of impeachment court
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While expressing confidence that he would be acquitted, Chief Justice Renato Corona said he is ready to accept whatever verdict is handed down by the impeachment court – including conviction.
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Saturday, March 10, 2012
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Corona to accept verdict of impeachment court
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While expressing confidence that he would be acquitted, Chief Justice Renato Corona said he is ready to accept whatever verdict is handed down by the impeachment court – including conviction.
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Saturday, March 10, 2012
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Corporate giants Rio Tinto and ANZ see need to open door to Asian trade, capital
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Two of Australia's biggest companies, Rio Tinto and ANZ, have called for a dramatic increase in the flow of trade and investment between Australia and Asia, which they have declared the global economic centre of gravity.
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Thursday, March 08, 2012
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Bank Indonesia holds rate at lowest level
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Bank Indonesia (BI) is keeping the benchmark interest rate at its lowest-ever level, but the government’s plan to raise fuel and electricity prices may cause inflation to break the central bank’s target.
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Tuesday, March 06, 2012
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Vietnam Central Bank To Cut Policy Rate By 1 Point
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The State Bank of Vietnam will cut its policy rate by 1 percentage point soon in a bid to support production. It will also lower its cap on deposit interest rates to 13 percent from 14 percent in a couple of days.
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Tuesday, March 06, 2012
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PM Wants Something To Show When Govt's Anniversary Arrives
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Prime Minister Yingluck ordered her ministers to review their performances, policies and work plans, as the anniversary of the government coming to power approaches. She urged ministers to rush 10 major strategic plans, which include restoring peace in the South, health insurance, halal food, and free WiFi.
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Wednesday, March 07, 2012
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Myanmar To Float Currency In 2012/13, Unify FX Rates
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Authorities will soon announce its decision to dismantle Myanmar’s fixed exchange rate. The government will seek to keep the country from rising beyond the informal rate of about 800 kyat per dollar.
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Monday, March 05, 2012
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1MDB Buys Over Billionaire Ananda Krishnan’s Power Assets
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The power assets of billionaire T. Ananda Krishnan have been sold to 1Malaysia Development Bhd, in the biggest power asset sale in the country.
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Friday, March 02, 2012
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Only One Or Two Sectors Left Out In Minimum Wage Policy
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The government’s minimum wage policy, expected to be announced this month, will cover all sectors of the economy except for micro-enterprises. The human resource minister said the ministry had proposed the minimum wage to be set between MYR800 ($264) and MYR1,000 ($330) a month.
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Tuesday, March 06, 2012
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Indonesia ‘Ready’ For Preah Vihear
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Indonesian Foreign Minister Marty Natalegawa and Cambodian Foreign Minister Hor Namhong met on Monday to discuss the demilitarized zone between Cambodia and Thailand. Hor Namhong said Indonesia is ready to deploy observers on the border.
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Thursday, February 09, 2012
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US House moves to press Vietnam on rights
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On February 8, the U.S. House of Representatives moved forward on a bill that would curb aid to Vietnam unless it improves its human rights record, raising concern over the treatment of dissidents and religious practitioners. The bill still needs passage by the House Foreign Affairs Committee, and then the House and Senate.
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Tuesday, February 14, 2012
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Cabinet Sets Charter Rewrite Draft In Motion
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The draft amendment of Section 291 of the constitution received the green light from the Cabinet on Monday, marking the first step to rewrite the charter, which must be completed within 240 days of the new Constitution Drafting Assembly being set up.
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Tuesday, February 14, 2012
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Iranian injured in Bangkok bombs
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Three bombs exploded in Bangkok on Tuesday afternoon, badly injuring the bomber, an Iranian national, and four other people.
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Tuesday, February 14, 2012
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EU Gives $200 Million Aid Package
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The E.U. Development Commissioner Andris Peibalgs announced on Monday a $200 million aid package to Myanmar, targeting health, education and infrastructure projects. He announced the aid package after a meeting with President Thein Sein.
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Friday, February 10, 2012
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Malaysia Remains ASEAN's Leading Exporter To US
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Malaysia remains ASEAN’s leading exporter to the U.S. and the 18th largest import source for the U.S.
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Thursday, February 09, 2012
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Malaysia's Dec Industrial Output Grows
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Production at factories, utilities and mines increased 3 percent in December from a year earlier, while manufacturing output gained 4.5 percent in December from a year earlier.
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Friday, February 10, 2012
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Sihanoukville Port Revenues See Increase
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Cargo shipment revenue at Sihanoukville Autonomous Deep Sea Port increased by 33 percent in January compared to the same time last year, reaching $2.5 million.
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Friday, February 10, 2012
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OJK to Have Three Executive Commissioners
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The future Financial Services Authority (OJK) will have nine commissioners, including three executive commissioners. The task of executive commissioners is to manage operational portfolios, such as supervising banks, capital markets and non-bank financial industries.
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Tuesday, February 14, 2012
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SWS: 7 Of 10 Pinoys Satisfied With Noy Performance
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The latest Social Weather Stations (SWS) survey found that seven out of ten Filipinos remain satisfied with the performance of the Aquino administration. 67 percent of respondents satisfied, 21 percent ambivalent and 11 percent dissatisfied with the government’s general performance, for a net rating of +56, unchanged from three months earlier. The administration obtained “moderate” scores in promoting foreign investments (+27), fighting terrorism (+27), and transparency in government activities (+27). It received lower net ratings in terms of reconciliation with communist rebels (+20), reconciliation with Muslim rebels (+19) and eradicating graft and corruption (+15).
SWS: 7 Of 10 Pinoys Satisfied With Noy Performance.
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Tuesday, February 14, 2012
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$700 Million Boost For Singapore’s Aviation Industry
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On February 13, Rolls-Royce opened a $700 million facility in Singapore. Prime Minister Lee Hsien Loong said Rolls-Royce’s decision to site the facility in Singapore is a testament to what the country has done right in developing what he calls a “strategic” industry that currently contributes more than 3 percent to the country’s GDP.
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