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Asia Pacific

BANKING & FINANCE

Banking on Stability in the Phillipines
The Philippines boasts one of the few banking sectors around the world to have evaded many of the consequences of the US-led financial turmoil....
Indonesia : HSBC completes acquisition of 88.89% of Bank Ekonomi
HSBC (NYSE: HBC), through its wholly-owned subsidiary of HSBC Asia Pacific Holdings (UK) Limited, has completed its acquisition of 88.89 per cent of...

Toro Energy succeeds in $40 million capital raising
A total of A$40 million has been raised by Toro Energy Ltd (ASX: TOE) as the emerging uranium project developer forges ahead to have first...
OZ minerals splashes out on Toro Energy
Cash rich OZ Minerals has poured $20 million into Toro Energy to maintain its 49.9 per cent stake & has mangaged to have its CFO added to the...

Phillipines ponders a second stimulus to lift economy
The Philippines has posted surprisingly low first quarter GDP growth of just 0.4%, far below previous government projections of 2.5%, creating...
Stable elections stable country, Indonesia goes to the polls
Despite some polling hiccups and minor unrest, the April 9th parliamentary elections were staged peacefully, with early results boding well for...

Chevron hits new deposit in Greater Gorgon
Chevron Corporation has announced an additional natural gas discovery in the Greater Gorgon area’s Carnarvon Basin, Australia’s...
Canadian Hydro Acquires World's Largest Offshore Wind Prospect
Canadian Hydro Developers, Inc.has entered into a definitive agreement to acquire the rights to a 4,400 MW offshore wind prospect ("Offshore Wind...

Brunei is ready for take off
Brunei Darussalam has long harboured ambitions of becoming a major transport and trans-shipment hub for the East ASEAN Growth Area (BIMP-EAGA), as...
Cemex sells Australian unit to Holcim Group
CEMEX, S.A.B. de C.V. (NYSE: CX), announced today that it has reached an agreement to sell its Australian operations to Holcim Group for...

PR : Bombardier Signs Airline for Five Q400 NextGen Airliners
Seoul (Korea Newswire) August 05, 2009 reports that Bombardier Aerospace (TSE: BBD.A) announced today that it has received a signed, firm order...

TECHNOLOGY & MEDIA

Widening Impact of IT in the Phillipines
The Philippine government has placed particular focus on the development of the country's IT industry, though the sector still faces numerous...
Sharism and the potential impact on online reputation
Thanks to my friends at iMedia for publishing my story about “Sharism” A notion embracing the spirit of Web 2.0, and as the number of...

Australians dump ADSL for wireless services
Australian Internet subscribers are increasingly abandoning ADSL technology for mobile wireless link-ups, a new report from the Australian Bureau of...
Australian government pushes for Telstra to diverge
The government raised pressure on Australia's largest telecommunications company Telstra Corp. on Tuesday to surrender its market domination by...