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A GRAIN OF TRUTH
25-06-2008
THERE is no overall world food – or even bio-fuel – problem which could not be fixed by ending subsidies and freeing markets....
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ADB to kick-start PPPs
25-06-2008
Wanted: US$150 billion a year from private sector for new infrastructure
IN A NEW programme that is ‘set to go’, the Asian Development Bank will bring new infrastructure proposals to bankable stage and provide political risk – but not commercial risk – to encourage private sector participation. ADB Managing Director-General, Rajat Nag, says the biggest problem in PPPs is the dispute resolution mechanism, and that this is being addressed by the ADB, which will oversee corporate governance of chosen projects in transportation, waste water management and power. Asia, he says, needs to spend US$300 billion annually over the next 10 years
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Low productivity, ageing key challenges for Japan
25-06-2008
JAPAN’s potential growth rate (2004-2013) is now estim-ated at 1.4 per cent, the lowest of the OECD countries....
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Food security fears as supplies dwindle
25-06-2008
JAPAN first raised the issue of food security in the 1990s – now there is public alarm as biofuel demand eats into incremental food production....
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Ten Asian risks to watch in 2008
21-05-2008
SYDNEY – Despite buoyant growth ever since the world credit squeeze emerged nine months ago, Asian economies face a range of regional and country–specific risks which could hinder their progress in 2008. Some are related to the global credit squeeze and expected OECD economic slowdown. Others are different altogether.
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Trillions coming in petrodollar ‘tsunami’
21-05-2008
LONDON – A petrodollar tsunami is coming, warns Stephen Jen, London-based Chief Economist of Morgan Stanley.
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Hong Kong, S’pore woo Islamic banking market
30-04-2008
ISLAMIC financing has grown around 15 per cent in each of the past three years, with Malaysia expecting this sector to account for 20 cent of total banking assets by 2010. Singapore and Hong Kong are moving to secure a slice of the market
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TAKING THE FAST LANE - Governments are driving public opinion to wean people from cars to public transport
30-04-2008
MOST visitors to Singapore over the past 30 years will remember having taken an NTUC taxi at least once during their stay. Today, NTUC is owned by Singapore-listed ComfortDelGro, the single largest foreign-owned land transport operator (buses and taxis) in China. ComfortDelgro is also in joint venture with Australia’s Cabcharge in major bus operations in Sydney and London, and has taxi operations in Hanoi. CEO Kua Hong Pak sees major expansion ahead as governments worldwide push for greater use of public transport as part of their response to the debate on global warming....
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IPO bids take lustre off Vietnam bourse
07-04-2008
A FALL in investor demand has seen rescheduling of partial privatisations in Vietnam, with some IPOs put on hold....
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India's retail revolution speeds up
02-04-2008
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Korea leads on PPPs, S’pore in stop-start
18-03-2008
SOUTH KOREA leads Asia in the use of the private-public partnership (the PPP), but infrastructure demand could force more countries to adopt the concept – and this may require a cultural change allowing for more genuine Government partnerships with the private sector....
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Gulf, Indonesia, India to lead Leighton’s growth
26-02-2008
AUSTRALIAN civil engineering major, Leighton Holdings, has relocated its Leighton International Head Office to Dubai, and expects the Middle East to overtake Indonesia as its largest market outside Australia by end-2008. But Leighton’s Chief Financial Officer, Scott Charlton, is also bullish on Indonesia, where subsidiary Thiess is heavily involved in mining and toll roads. And he says India – where Thiess-Leighton has formed a joint venture – will be a major market over the medium-term.
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Linking the Greater Mekong
26-02-2008
NEW highways and railways will open up vast areas of Vietnam, Laos, Cambodia, Thailand, Myanmar and parts of China. A new highway from Hanoi to Kunming, capital of China’s Yunnan province, is being supported by the ADB.
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Fast track for Seoul-Busan canal project
26-02-2008
SEOUL – Incoming Korean President, Lee Myung Bak, is wasting no time in living up to his nickname – “The Bulldozer” – by getting his proposed US$15 billion Seoul-Busan (or Nakdong-Han) canal project off the ground.
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WTO tips growth for Thailand, but wary on Business Act
01-02-2008
ECONOMIC fundamentals are good, but the WTO is worried by planned amendments to Thailand’s Foreign Business Act, and its complex customs tariff schedule....
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