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eBrief Home » Ebrief
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Welcome to this issue of the ASIA TODAY ONLINE subscriber e-brief.

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Following are new reports posted online which you may have missed . . .


India to enlist private sector for uranium mining
MUMBAI — With the worsening fuel crunch badly affecting nuclear plant operations, India is planning to enlist private sector participation in uranium mining. Several new finds of uranium ore in different areas of India have impelled the move. Around 190 tonnes of additional uranimum resources has been established in the Sikar district of Rajasthan State, and in Lostoin and Wahkyn in Meghalaya State in the North-East, officials said. Significant mineralised bands have also been identified in the Belgaum and Gulbarga districts of Karnataka; Nalgonda, Guntur and Cuddapah districts of Andhra Pradesh; Mahendragarh district in Haryana; Durg district in Chattisgarh; and Jajpur district in Orissa. Total uranium resources established in India so far amount to 94,000 tonnes, most of it located in three main provinces — Singhbhum, Mahadek, and Cuddapah. Fuel shortages have affected generation in State-owned Nuclear Power Corporation of India plants. They were working at just 46.4 per cent of plant load capacity in March 2008 — since 1990, they have been at 96 per cent capacity. Total capacity of the 17 nuclear reactors in India is 4,120 MWe (mega watt electrical).

BUSINESS FILE

CHINA REFUSING APEC CARD APPLICATIONS, CLAMPS VISAS
CHINA GDP GROWTH TO REMAIN STATIC IN 2008
S KOREA'S GS E&C BUILDING CAMBODIAN COMPLEX
EBAY EXPANDS OPERATIONS IN VIETNAM
TAIWANESE TO BUILD STEEL COMPLEX IN VIETNAM

INDONESIA'S GLOBAL BONDS ISSUE ASSIGNED 'BB-' RATING
ORICA TO BUILD INDONESIA AMMONIUM NITRATE PLANT
S KOREA'S GS E&C WINS US$900 MLN DEAL FROM RUSSIA
GERMANY'S EVONIK BUILDS PLANT IN SHANGHAI

ASAHI GLASS CUTS OUTPUT 10% IN US
VMOTO TO SUPPLY SCOOTER ENGINES TO VIETNAM
MALAYSIAN PHARMA FIRM TO BUILD IN VIETNAM
UK GROUP BUPA NAMES SYDNEY AS ASIA-PACIFIC HQ

DAIICHI SANKYO To ACQUIRE RANBAXY PHARMA
CHINA'S RETAIL SALES UP MORE THAN 21% IN MAY
MATERIALS COSTS SLASH JAPANESE CARMAKER'S PROFITS
SHARP TRIES CHINA MARKET WITH HIGH-END CELL PHONES

TAIWAN SUGAR TO EXPAND PIG RAISING IN VIETNAM
BUSINESS PRESSURES GOVERNMENTS TO ACT ON DOHA
CHINA TO ALLOW INSTITUTIONAL INVESTMENT IN AUSTRALIA
CHINESE STEELMAKER, BELGIAN CO TO LAUNCH JV

MALAYSIA'S ZAID IBRAHIM TO SET UP IN DUBAI
NEC SOLUTIONS VIETNAM MERGES WITH LOCAL FIRM
CHINA'S CAR OUTPUT TO TOP FIVE MILLION FOR HALF
MALAYSIA ATTRACTS MORE MANUFACTURING INVESTMENT

TWO CONSORTIA BID FOR SSANGYONG ENGINEERING
ACCC MAY REVOKE IMMUNITY FOR EBAY PAYPAL-ONLY POLICY
CHINA'S MAY TRADE SURPLUS DOWN 10%
LEIGHTON VENTURE WINS TRUMP TOWER DUBAI

TRADE WATCH

SRI LANKA EXPORTS UP ON COMMODITY BOOM
KOREA WATCHDOG PROBES UNFAIR RETAIL PRACTICES


BANKING/FINANCE/InSURANCE

VIETNAM'S SACOMBANK TO OPEN IN LAOS, CAMBODIA
SHANGHAI'S SPD BANK PARTNERS WITH JIUDING CAPITAL
INDONESIA'S BANK MUAMALAT TO CENTRAL ASIA

Information technology

HCMC LICENSES SOFTWARE PARK PROJECT TO TAIWAN FIRMS
JAPAN'S DOCOMO BUYS INTO BANGLADESH CELLULAR FIRM
TELEKOM MALAYSIA PICKS UP MORE OF IDEA CELLULAR

PROFESSIONS

CLOUGH WINS CONTRACT FROM CHEVRON THAILAND

Business Travel

QANTAS ENGINEERS TO LAUNCH STRIKES ON MONDAY
MAS TO RAISE FUEL SURCHARGE IN TWO WEEKS
JINI FLYING MATES CREW KOREAN AIR LOW-COST CARRIER
MARRIOT INTERNATIONAL TO ADD 18 PROPERTIES IN CHINA
SHANGRI-LA SYDNEY NAMES BUS. DEV. MANAGER – JAPAN

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UPDATE Shanghai to host three banking conferences – October 15-17

Shanghai will host three banking conferences in October. The 2nd annual Retail Banking Asia 2008 (October 15-17) will present case studies covering industry trends, international co-operation, marketing strategies, innovation, financing and technology support.  This is being held in conjunction with Wealth Management & Private Banking Asia 08 (October 16-17), offering strategies for winning the high-end markets race. Where growth can be found, with presentations on market intelligence and key global trends. In parallel, also on October 16-17, Cards Asia 2008 has been jointly convened by Global Leaders Institute and Shanghai Finance (which is directly controlled by the People’s Bank of China), to examine the fastest-growing retail banking sector in Asia. At September 2007, cards on issue in China totalled 1.3 billion, and it is estimated that, by 2013, cards will become the second-largest retail banking service. 

www.retailbankingasia.com
www.wm-pb.com
www.cards-asia.com


Cityscape China 2008, Shanghai New International Expo Centre - June 25-27
Cityscape China is the only international trade event of its kind in the region. The three-day Exhibition and conferences give property developers and cities access to China, bringing together key professionals involved in all aspects of international property investment and development. Contact belle.belarmino@iirme.com , Tel (971) (0)4 407 2726 or visit http://www.cityscapechina.com/nwsltrati


Asia-Pacific Marketing Power & Sell-Effectiveness (AMPS) - Property Sales and Marketing Conference, Venetian Hotel, Macau - July 3-4For property sales and marketing professionals in an increasingly competitive property market, with no geographic sales boundaries, the opportunity to maximise profit is a constant challenge. Experts in marketing, direct sales, public relations and digital media offer key strategies and know-how. Register online at www.mtconferences.com/amps , call (852) 3575-8008 or email mwong@3c-ltd.com. Organised by Corporate Consumer Communications Ltd, organiser of the SMART Investment & International Property Expo since 2004.

Hong Kong International Wine Expo — August 14-16
This inaugural Hong Kong International Wine Expo will feature leading wine producers, dealers and cellars from around the world in categories encompassing liquor and beverage products, wine production and logistics, and wine accessories. Visit www.hkwineexpo.com/ or email the Hong Kong Trade Development Council at Sydney.office@tdc.org.hk


Hong Kong–NSW Business Awards for 2008 open till - August 15
The Hong Kong Trade Development Council and the Hong Kong Australia Business Association–NSW Chapter invite NSW Small-Medium sized businesses to enter in any of six categories - Export of Goods, Export of Services, Imports of Goods, Import of Services, Creative SME, Contribution to Industry. Entries close August 15. Enter online at www.hkaba-nsw.com.au or contact Peter Bosevski from the HKTDC, email peter.bosevski@tdc.org.hk or Coco Li from the HKABA-NSW, email hkaba_nsw@tdc.org.hk , tel (61 2) 9261-8911.

Hong Kong International Medical and Healthcare Fair — August 14-18
For companies in healthcare, personal care, hospital services, e-healthcare and medical software, biomedical and pharmaceuticals. Benefits include early bird discounts and business matching assistance. The International Conference & Exhibition of the Modernization of Chinese Medicine and Health Products (ICMCM) and Hong Kong Food Expo will be held concurrently. Inquiries, peter.bosevski@tdc.org.hk http://hkmedicalhealthcarefair.com


India’s Capital Markets, Mumbai - September 9-10

Organised by International Financial Review, the conference will feature insights from leading capital market professionals on the future of India’s domestic financial and corporate sectors and markets.Contact Kay Lopez on (632) 830 4031 or email Indiacap@thomson.com http://www.ifrconferences.com/conference_home.aspx

GwangJu Food 2008, KDJ Convention Centre, GwangJu, Korea - November 20-30
KOTRA is offering exhibitors a free booth, discounted accommodation/air fares, free interpreter during the exhibition and hotel-exhibition centre transport; for visitors, two nights’ hotel accommodation, discounted air fares and free interpreter services. The Expo presents food, food additives, raw materials, confectionery and bakery items, beverages and liquor, coffee and tea, food processing equipment, marketing, information and services. For further information, contact Jenny Jung at KOTRA Sydney, tel (61 2) 9264-5199 or email jenny@kotra.org.au http://www.foodshow.kr

A more complete list of upcoming business events is available on our BUSINESS DIARY.