Archive for June, 2008

Indian Government approves cruise shipping policy

Friday, June 27th, 2008

The Indian government Thursday approved the Cruise Shipping Policy of India that envisages a zero-tax regime for cruise ship operators, according to Indo-Asian News Service Thursday. Under the policy, cruise operators will be exempt ...

Survey: Consumer confidence sinking in Asia-Pacific

Friday, June 27th, 2008

Consumer confidence in several Asia-Pacific countries and regions has fallen to levels similar to those seen during a regional financial crisis 10 years ago, a MasterCard survey said on Thursday. The six-monthly survey of 13 markets ...

Indian FM: Double-digit inflation to stay for a period

Friday, June 27th, 2008

Double-digit inflation is likely to continue for a few more weeks in India before the government's efforts to ease the rate of price rise succeed, Finance Minister P. Chidambaram said Thursday. In an interview with CNN-IBN, Chidamba ...

Philippines, China’s Hong Kong to expand Air services

Friday, June 27th, 2008

An amendment to the air services agreement between the Philippines and China's Hong Kong will pave the way for local airlines to fly to Hong Kong from Clark and other places in the country, according to local media on Thursday. The ...

S Korean banks lending rates rise in May

Friday, June 27th, 2008

South Korean banks' lending rates rose for the second consecutive month in May as market interest rates advanced, the South Korea central bank said Thursday. The average lending rates for households and companies reached 6.96 percen ...

German import prices report biggest jump since 1990

Friday, June 27th, 2008

German import prices chalked the biggest gain in nearly 18 years in May, mainly due to surging energy prices, official figures released on Thursday showed. Import prices in May rose 2.4 percent from April, the biggest increase since ...

First "Chinese Longevity Town" in Guangdong

Friday, June 27th, 2008

Sanshui District in Foshan, South China's Guangdong Province, was recognized as a "Chinese Longevity Town" by the Gerontological Society of China (GSC) on June 26, 2008. It is the first "Chinese Longevity Town" in Guangdong Province. ...

HK holds exhibition "Story of the Horse"

Friday, June 27th, 2008

About 40 exhibits using the horse as a subject are on display starting from Friday at the Hong Kong Museum of Art. The exhibition, Story of the Horse, features artifacts of different dates and in various medium ranging from Chinese ...