Archive for May 1st, 2008
Thursday, May 1st, 2008
Myanmar has planned to expand cultivation of paddy in the present fiscal year of 2008-09, which started in April, to produce rice sufficient for the country's people in the wake of growing population, a leading local weekly, the Yangon Time ...
Posted in People | No Comments »
Thursday, May 1st, 2008
A Philippine official said on Thursday prices of rice will go down in the coming weeks as newly-harvested palay from Central and Northern Luzon start to come into market, local television network GMA News reported.
An official of th ...
Posted in People | No Comments »
Thursday, May 1st, 2008
With the enormous momentum from China and India, Asian economies will still grow at a relatively fast pace in the next two years, according to a report issued Wednesday by Standard & Poor's.
The recession in the U.S. economy for the ...
Posted in People | No Comments »
Thursday, May 1st, 2008
The investment rating granted by rating firm Standard & Poor's shows Brazil's economic stability and will increase the flow of foreign investment, Brazilian Central Bank President Henrique Meirelles said Wednesday.
"It certainly is ...
Posted in People | No Comments »
Thursday, May 1st, 2008
The U.S. Federal Reserve has remained under enormous pressure over future economic adjustment after it cut interest rates on Wednesday to the lowest point in nearly four years to reverse a potential economic recession.
FALTERING ECO ...
Posted in People | No Comments »
Thursday, May 1st, 2008
Brazilian Finance Minister Guido Mantega on Wednesday announced a rise of 10 percent in the price of gasoline and 15 percent of the diesel fuel produced by state-owned oil company Petrobras, the first such price hike since2005.
The ...
Posted in People | No Comments »
Thursday, May 1st, 2008
Siemens AG, Europe's largest engineering company, said second-quarter profit dropped after a review of orders led to charges at the power and transport units.
Net income in the three months through March fell to 384 million euros fr ...
Posted in People | No Comments »
Thursday, May 1st, 2008
The unemployment rate in the eurozone remained at a record low of 7.1 percent in March, the European Union (EU) statistics bureau Eurostat said Wednesday.
According to revised figures from Eurostat, the figure remained unchanged from ...
Posted in People | No Comments »