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Latest South-East Asia Economy News

  • HP and Foxconn Expand PC Business in Russia 16 May 2008 10:10 GMT
    ... and Foxconn today held a groundbreaking ceremony in St. ... in Russia." HP's presence in the Russian economy and region began almost 40 years ago ... Hai has launched production locations in Brazil, Vietnam, India, China, Hungary, USA, Mexico and Australia. ...

  • ASIA CREDIT-Thai firms rush to sell bonds before rates go up 16 May 2008 10:10 GMT
    ... BANGKOK, May 16 (Reuters) - The value of ... value of new corporate bonds issued in Thailand could rise by half this year and ... officials and underwriters said. "Nobody knows whether Thai rates have hit bottom. But funding costs ...

  • Interpol supports Colombia 16 May 2008 08:16 GMT
    ... BOGOTA, Colombia - Interpol said Thursday that computer files ... two forensic experts — from Australia and Singapore — who do not read Spanish. A ... terrorism. Inclusion on the list could prompt economic sanctions against Venezuela, a key U.S. oil ...

  • Matrade's Trade Promotion Programmes Record Sales Of RM302.54 Mln In 2007 And Q1'08 16 May 2008 08:16 GMT
    ... Matrade's Trade Promotion Programmes Record Sales Of RM302.54 ... (Bernama) -- Overseas trade fairs led by Malaysia External Trade Development Corp (Matrade) in 2007 ... year. In response to the projected global economic slowdown, Wong said Matrade would increase the ...

  • Shares close flat after seven-day rally, lack of fresh leads 16 May 2008 08:02 GMT
    ... MANILA, Philippines – (UPDATE) Shares finished little changed on ... ignored Wall Street's gains overnight on better-than-expected economic data and a pullback in oil prices. ... results. Investors know that the impact of inflation will be better reflected in the second ...

  • A Sideways Market For the Next Decade? 16 May 2008 07:58 GMT
    ... The chart below shows the Dow Jones Industrials Average ... LBJ’s guns and butter policy in the Vietnam War. The macro-economic backdrop is not dissimilar to that of ...

  • Open skies policy seen to bring brisk business to Clark, Subic?By Marie S. Neri 16 May 2008 07:57 GMT
    ... Freddie So, who represents the Angeles City Filipino-Chinese Chamber of Commerce Inc. Mario Lazatin, president ... be realized. "Unfortunately air access to the Philippines is not only inadequate. It is severely ... 17 flights per week. Chartered flights by Korean carriers also increased to 1,280 in 2006, ...

  • Op-Ed Columnist: Obama Admires Bush 16 May 2008 07:57 GMT
    ... Barack Obama issued a statement in response. He called ... patronage system, and the development of the economy that provides for a fair distribution of ... military and would be tougher on North Korea. “This is not an argument between Democrats and ...

  • McCain sees most troops leaving by 2013 16 May 2008 07:55 GMT
    ... Sen. John McCain predicted Thursday that most U.S. troops ... much as U.S. troops remain in South Korea more than 50 years after the Korean War ... proposals working out swimmingly, such as robust economic growth thanks to extending the Bush tax ...

  • US declines to cite China as a currency manipulator 16 May 2008 07:52 GMT
    ... US declines to cite China as a currency manipulator ... currency manipulator By MARTIN CRUTSINGER - AP Economics Writer The Bush administration has declined to ... wanted Chinese support for dealing with North Korea over nuclear weapons. In a speech in Beijing, ...

  • Asia stocks firm; Nikkei hits peak 16 May 2008 07:19 GMT
    ... Published: Friday, 16 May, 2008, 05:56 AM Doha ... to deal with the downturn in the economy. Japan’s Nikkei stock average climbed 0.9% to ... still down about 7% this year. South Korea’s Kospi index jumped 2.3% to its highest ...

  • Rupee falls for 4th day; boosts Indian shares to week-high 16 May 2008 07:19 GMT
    ... Rupee falls for 4th day; boosts Indian shares to ... 10 most-traded Asian currencies after the South Korean won and the Thai baht. India’s currency has fallen 8.7% in ...

  • US Subprime Crisis Only Has Minimal Impact On Malaysia Banking Ops 16 May 2008 07:18 GMT
    ... US Subprime Crisis Only Has Minimal Impact On Malaysia Banking Ops DETROIT (Michigan), May 16 (Bernama) ... the major underlying factors supporting the Malaysian economy are expected to remain generally intact in ...

  • Norwegian Jazz 101: JazzNorway in a Nutshell 2008 16 May 2008 07:17 GMT
    ... Beginning on May 6, 2008 in Bergen, on ... demonstrated an increasing attention to space and economy. Perhaps the result of increasing confidence in ... From Canada to Japan, Slovenia to Portugal, Malaysia to France, thanks to Lars Mossefin, Bo ...

  • Allow Private Sector to Get Infrastructure On Track 16 May 2008 07:17 GMT
    ... TWO previously backwater asset classes have come back to ... play absolutely critical roles in the national economic game. Funding infrastructure in particular fell largely ... nongovernment-funded) programme. Let the Port Authority of Singapore buy a 25-year concession to manage the ...

  • Bernanke's bubble laboratory 16 May 2008 07:16 GMT
    ... Princeton protégés of Fed chief study the economics of manias. PRINCETON, N.J. -- First came ... chairman. The group includes Mr. Hong, a Vietnam native raised in Silicon Valley; a Chinese wunderkind ...

  • Singapore to release Q1 GDP on May 23 16 May 2008 06:59 GMT
    ... Singapore to release Q1 GDP on May 23 ... GDP data on May 23. The domestic economy expanded 7.2 percent in the first quarter ...

  • Canadians flock to Hawaii real estate 16 May 2008 06:58 GMT
    ... "The impact of these currency changes has been marked," ... sales prices up." International buyers from Japan, Korea, China, Canada, Europe, Oceania and Russia are still ... growth potential. "We believe that the U.S. economy will strengthen over time," he said. In ...

  • U.S. tops world competitiveness rankings again 16 May 2008 06:55 GMT
    ... Asian tigers Singapore and Hong Kong ranked just behind the ... out the top five most competitive national economies, said the Lausanne, Switzerland-based, IMD business school, ...

  • SKorean shares firmer midmorning on Wall Street gains; KOSPI at 5-month high 16 May 2008 06:48 GMT
    ... SEOUL, May 16, 2008 (Thomson Financial via COMTEX) -- South Korean shares were firmer in midmorning trade on Friday, ... pullback in oil prices and some better-than-expected economic data. "Wall Street's continued rise bolstered sentiment, ...

  • Singapore shares higher in early trade on Wall Street's advance - UPDATE 16 May 2008 06:48 GMT
    ... SINGAPORE, May 16, 2008 (Thomson Financial via COMTEX) ... gains on Wall Street driven by better-than-expected economic news and a continued pullback in oil ...

  • Singapore shares higher at midday on Wall Street's advance 16 May 2008 06:48 GMT
    ... SINGAPORE, May 16, 2008 (Thomson Financial via COMTEX) ... interest rate cuts will work to boost economic activities in the second half, analysts said. ...

  • SKorean shares firmer in early trade after Wall St gains; KOSPI at 5-mth high 16 May 2008 06:48 GMT
    ... SEOUL, May 16, 2008 (Thomson Financial via COMTEX) -- South Korean shares were firmer in early trading on Friday, ... pullback in oil prices and some better-than-expected economic data. ...

  • Most Myanmar survivors unreached by 'worst' disaster response 16 May 2008 06:47 GMT
    ... Most Myanmar survivors unreached by 'worst' disaster response Myanmar ... storm rammed into Myanmar's southwest and the economic hub Yangon on May 2 and 3. ... recent memory," he said here after meeting Thai officials. With no helicopters and a lack of ...

  • Hong Kong shares end morning higher on earnings hopes - UPDATE 16 May 2008 06:47 GMT
    ... Hong Kong shares end morning higher on earnings hopes ... of upbeat corporate earnings despite the global economic uncertainty. Cheung Kong gained after Citigroup raised ... billion ($371.8 million). Analysts are speculating that Singapore's Temasek Holdings, which owns 5.99 percent of ...


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