Archive for July 26th, 2008
Zedex to increase its shareholding in Olympus to 31%
Zedex Minerals Limited (“Zedex”) announces it has entered into private agreements to acquire further shares and warrants of Toronto Stock Exchange listed mining [...]
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Pitfalls open in Philippine mining
Australian ambassador to the Philippines Rod Smith last week jumped to the defense of the dozen or so Australian mining companies operating there, in what is turning out to [...]
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ONGC to enter nuclear mining
Oil and Natural Gas Corp (ONGC), the country’s largest oil and gas producer, plans to enter uranium mining in alliance with public-sector Uranium Corp of India, aiming [...]
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Cavico receives US$187,500 as cost adjustment
Cavico Corp (“Cavico” or “the Company”), a leading infrastructure development company in Vietnam, today announced that Cavico Infrastructure [...]
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Vietnam signals it wants Exxon Mobil deal despite China warning
Vietnam on Thursday signalled it wants to continue with a joint oil exploration project with Exxon Mobil in disputed waters, despite a warning from China to the US energy [...]
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Cavico deploys 150 additional engineers and skilled workers to Algeria
Cavico Corp (“Cavico” or “the Company”), a leading infrastructure development company in Vietnam, today announced that Cavico Tunnel Construction, [...]
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Vietnam loses US$1m from energy waste
The Ministry of Science and Technology and Dutch EDP organisation last December announced a terrible number: Vietnam loses around US$1 million a day from the waste of energy. [...]
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New Asia Gold Corp acquires 100% interest in gold company
New Asia Gold Corp is pleased to announce that it has acquired 100% of the shares of an Indonesian gold exploration company as a result of a share exchange agreement. The [...]
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Sultan Mining’s IPO indefinitely postponed
Philippine coal producer Sultan Mining and Energy Development Corp has indefinitely shelved its public offering to await better market conditions, the underwriter of the [...]
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China pressures Exxon, Vietnam on South China Sea project
Exercising its growing heft over the oil and gas industry, China is pressuring Exxon Mobil Corp and Vietnam over a small project in the South China Sea. A Chinese foreign [...]
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Rockeby gets orders for bird flu tests
Rockeby Biomed Ltd has received orders for its H5N1 bird flu tests on humans from several South East Asian, European, and North African countries, worth US$242,000, the [...]
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Beijing Olympics 2008: China bars businesspeople, but lepers okay
Foreign businesspeople on non-urgent visits will not be allowed into major Chinese cities until after the Olympics, the authorities have said. But in a rare loosening of [...]
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Cambodia to open bourse in 2009, urges corporate transparency
Cambodia plans to open its first stock exchange and start a corporate bond market in the fourth quarter of 2009 in a bid to attract foreign funds to Southeast Asia’s [...]
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Cambodia asks UN to put off border dispute meet
Cambodia has asked the UN Security Council to postpone a formal meeting on its tense military standoff with Thailand pending talks next week between the two countries’ [...]
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Korean investments at risk
Rumours are spreading warning of a looming economic crisis in Vietnam. Vietnam’s trade deficit for this year stood at US$14.4 billion as of May, surpassing the [...]
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