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NTT DOCOMO to Sell Stake in U Mobile

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Tweet Tokyo :  NTT DOCOMO, INC. has announced that it will sell its shareholding in U Mobile Sdn. Bhd. (U Mobile), a Malaysian 3G mobile operator, for USD 100 million – the same amount DOCOMO originally invested for the shares. Under an agreement with major stakeholders, DOCOMO will sell its entire stake – amounting to [...]

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Greenpeace stops Indonesian palm kernel shipment

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Greenpeace stops Indonesian palm kernel shipment

Tweet Wellington : Activists from the international environmental organization Greenpeace boarded a ship carrying palm kernel animal feed from Indonesia on Wednesday off the New Zealand coast and called on the government to ban the cargo. They locked themselves to the ship, East Ambition, its anchor chain and four cargo cranes, and vowed to prevent [...]

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Kia Motors Posts 24.1% Increase in August Global Sales

Tweet Seoul :  Kia Motors Corporation announced today its global sales figures (export sales, domestic sales, and sales from overseas plants) for passenger cars, recreational vehicles (RVs), and commercial vehicles for August 2009, recording a total of 139,656 units sold. This figure represents a year-on-year increase of 24.1%. By region, Kia posted year-on-year sales increases [...]

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GCL-Poly Signs Long-term Contract Coal Agreement with China Coal

Tweet Hong Kong :  GCL-Poly Power Fuel Company Limited (“Fuel Company”), a subsidiary of GCL-Poly Energy Holdings Limited (“GCL-Poly”), signed a five-year long-term contract coal agreement with China Coal Energy Company Limited (“China Coal”) in Suzhou on September 9, 2009. General Manager of Fuel Company  ZHANG Xiang and Vice President of China Coal NIU Jianhua [...]

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China pledges more funds for outsourcing industry

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China pledges more funds for outsourcing industry

Tweet Beijing : The Chinese government has pledged more aid from the country’s financial institutions to boost its outsourcing industry, officials said Wednesday.   In a statement posted on the website of the central bank Wednesday, the government urged the banks to develop more policies and credit products tailored for the outsourcing business, especially for [...]

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Second Asia-Pacific Housing Forum kicks off on a Strong Note

Tweet Manila :  The 2nd Asia-Pacific Housing Forum co-organized by Habitat for Humanity International with principal sponsor the International Federation of Red Cross and Red Crescent Societies, opened today with almost double the number of participants as compared with the inaugural event in Singapore two years ago. The three-day forum in Manila has gathered together [...]

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China spends $146 bn on ecology in decade

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China spends $146 bn on ecology in decade

Tweet Beijing : China has spent nearly 1 trillion yuan ($146 billion) on ecological conservation and environmental protection over the past decade, a senior official said Sunday. Of the total expenditure, more than 700 billion yuan went to projects to reforest cultivated land, return grazing land to protected grassland, protect natural forests and conserve river [...]

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Singapore Signs First Film Co-production Deal with Korea

Tweet Seoul :  Production work for the US$10 million Host 2 film kicked off today following the signing of the production agreement between homegrown Boku Films, Korea’s Chungeorahm Films and the Media Development Authority. Scheduled for a 2011 release, Host 2 will be jointly-produced by renowned Korean producer Choi Yong-Bae of Chungeorahm. “The Host is [...]

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China’s Sinovac gets world’s first swine flu vaccine production license

Tweet Beijing : China Thursday approved a swine flu vaccine produced by the domestic pharmaceutical company Sinovac, making it the first to get a production license in the global race. The State Food and Drug Administration (SFDA) issued the license for Sinovac’s vaccine called Panflu.1 Thursday, after it passed SFDA’s experts evaluation Aug 31. Panflu.1 [...]

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Tweet Tokyo DPA) The politician slated to be Japan’s next prime minister vowed Thursday in a telephone call with US President Barack Obama to maintain his country’s close ties with its US ally and pledged cooperation with Washington to improve the economy. The state of US-Japanese ties has been a concern in the US capital [...]

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