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India a model for balanced growth: Geithner

(ChinaPost.com.tw) – U.S. Treasury Secretary Timothy Geithner praised India’s domestic-led growth and foreign exchange flexibility, calling it an example of how to build a sustainable emerging market economy.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Phnom Penh port container traffic jumps by almost half

(ChinaPost.com.tw) – The number of containers passing through the river port in Phnom Penh rose 46 percent in the first 10 months of the year over the same period last year, local media reported Monday.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |
 

India Inc facing quality manpower crunch: survey

(ChinaPost.com.tw) – India Inc is facing a severe shortage of skilled manpower as the undergraduates in the general stream of arts, commerce and science churned out by the country’s educational institutions are not up to the mark, reveals a survey.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Philippines’ Ayala Land raises stake in tourism sector

(ChinaPost.com.tw) – Property giant Ayala Land Inc. has raised its stake in Philippine tourism by taking over dormant upscale resort Club Noah Isabelle in Palawan province and breaking ground in Fort Bonifacio for the first of its chain of boutique bus…

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |
 

Australian regulator rejects Leighton’s appeal over ACS bid

(ChinaPost.com.tw) – Australia’s Takeovers Panel on Monday turned down appeals from construction company Leighton Holdings Ltd and German parent Hochtief AG to block a takeover bid for Hochtief by Spain’s ACS. In August ACS launched a hostile all-scrip…

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

HK investors looking out for hotel properties in Bangkok

(ChinaPost.com.tw) – Despite political uncertainty and flooding, Thailand remains an attractive destination for foreign investors and international tourists over the long term.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Singapore’s property market still active

(ChinaPost.com.tw) – The measures to cool the Singapore property boom have taken some of the heat out of the en bloc market but there is still plenty of interest, say industry experts.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Former News Corp. executive to launch Asian start-up

(ChinaPost.com.tw) – The former president of Rupert Murdoch’s News Corp. said on Monday that he would set up a new media group aimed at helping start-up companies across Asia.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Blackout policy sparks diesel shortage

(ChinaPost.com.tw) – Chinese cities are facing an unprecedented diesel shortage as power outages are forcing enterprises to use diesel to generate electricity.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Top US, South Korea officials hold trade pact talks

(ChinaPost.com.tw) – Top U.S. and South Korean trade officials held talks Monday in a final push to seal a sweeping free trade agreement before this week’s G-20 summit in Seoul.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Saudi Airlines orders 12 Boeing 777 aircraft in deal worth US$3.3 billion

(ChinaPost.com.tw) – Saudi Arabia’s national carrier said Sunday it has ordered 12 Boeing 777-300ER aircraft in a deal valued at US$3.3 billion that reflects continued growth in the oil-rich Gulf region’s airline sector.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Royal Dutch Shell sells 10% stake in Woodside for around US$3.33 billion

(ChinaPost.com.tw) – Royal Dutch Shell PLC says its Australian subsidiary will sell a 10 percent stake in Perth-based gas and oil producer Woodside Petroleum Ltd., to Swiss bank UBS AG, for around US$3.33 billion. Shell’s sale of 78.34 million shares t…

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Japan’s Skymark plans to buy four new Airbus A380 superjumbos

(ChinaPost.com.tw) – Japan’s low-cost carrier Skymark Airlines said Monday it will buy four A380 superjumbos from Airbus, with an option on two more, in a deal worth about US$2.8 billion. “Skymark Airlines signed a basic agreement with Airbus on the …

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

German lender Commerzbank posts third quarter profit of 113 million euros

(ChinaPost.com.tw) – Germany’s second largest lender Commerzbank announced third-quarter profits of 113 million euros (US$158 million) on Monday, below expectations but up from a 1.05 billion euros loss last year.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |

Tesco, Dairy Farm bid for Carrefour assets in Southeast Asia: sources

(ChinaPost.com.tw) – Britain’s Tesco and Singapore’s Dairy Farm are among those to submit second-round bids for French retailer Carrefour’s Southeast Asian assets, sources familiar with the matter told Reuters on Sunday.

[ More ] November 9th, 2010 | Comments Off | Posted in Asia, Business, China |
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