Archive for April 3rd, 2008

IMF approves 217.7mln dollars emergency assistance for Bangladesh

Thursday, April 3rd, 2008

The International Monetary Fund (IMF)executive board approved about 217.7 million U.S. dollars in emergency assistance for Bangladesh, according to an IMF release issued from Washington on April 2 and reached here on Thursday. The m ...

Strike paralyzes soybean exports at Brazil’s Paranagua port

Thursday, April 3rd, 2008

A strike at the Paranagua port in northern Brazil Wednesday has paralyzed the port's soybean shipments to overseas destinations, local media reported. Port workers launched a strike Tuesday night demanding better wages, according to ...

Indonesia’s pharmaceutical company Kimia Farma to build new plant

Thursday, April 3rd, 2008

Indonesia's state-run pharmaceutical company PT Kimia Farma plans to build a 100 million U.S. dollars plant this year to help reduce its dependency on imported raw materials, local press said Thursday. The company has claimed that ...

Indian gov’t to rejig duties to curb rise in fuel prices

Thursday, April 3rd, 2008

The Indian government on Wednesday decided to examine the option of rejigging the customs duty regime for crude, in order to cushion consumers from the impact of high global oil prices. The move comes a day after import levies were ...

Japan to nominate new central bank chief before next weekend

Thursday, April 3rd, 2008

The Japanese government intends to nominate new chief for the Bank of Japan (BOJ) before the Group ofSeven finance officials' meeting scheduled for the end of next week in Washington, Chief Cabinet Secretary Nobutaka Machimura said Thursday ...

Petrobras to build new "clone" production platform

Thursday, April 3rd, 2008

Brazil's state oil enterprise Petrobras has approved a plan to build a new production platform by the method of "cloning" an advanced model, the company announced on Wednesday. The new platform, called P-62, will be a repetition of ...

California urges Congress to permanently raise federal home loan limits

Thursday, April 3rd, 2008

Hard hit by the mortgage crisis, California, the most populous state in the United States, is moving to get more help from Congress in addressing the problem. As part of the effort, Governor Arnold Schwarzenegger came out on Wednesd ...

Manila’s grand casino resort taking shape

Thursday, April 3rd, 2008

After local and international investors pledged to participate, the project to construct a grandcasino resort by the Manila Bay is moving closer to reality, local media said Thursday. The 40-hectare Las Vegas-like Bagong Nayong Pili ...