Archive for February, 2009
Banks plan to reach high credit growth in 2009
Asia Commercial Bank’s (ACB) general director Ly Xuan Hai, the board of director and the management board recently decided to raise the credit growth target in 2009 [...]
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Vinare establishes financial investment arm
Vietnam National Reinsurance Joint Stock Corp (Vinare-coded VNR) recently said that the company together with other partners such as Tien Phong Commercial Joint Stock Bank [...]
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Saigon Hotel JSC to pay 12% cash dividend, PAC’s dividend payout at 7%
The Securities Depository Centre recently announced that Saigon Hotel Joint Stock Co (coded SGH) would close the list of shareholders to receive dividend and hold its [...]
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Deo Nai Coal JSC pays 15% dividend in cash for 2nd phase of 2008
March 11 would be the registration deadline for Deo Nai Coal Joint Stock Co (coded TDN)-an affiliate of Vietnam National Coal and Mineral Industries Group (Vincomin), to [...]
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Vietnam Airlines discounts airfare if paid online by Visa, Master, JCB, Diner’s & Amex
Between March 1 and 7, national carrier Vietnam Airlines will give a discount of 5% for all airfares for online payment. Customers who book air tickets of domestic flights [...]
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Asia stock market mixes, EU and US tumble Feb 27
Asian shares were mixed yesterday Friday February 27 with Tokyo shrugging off further gloomy Japanese economic data while the weak performance of Wall Street and fears over [...]
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Thai PTTEP to write off US$33m for Australian well
Thailand’s PTT Exploration and Production PCL PTTE.BK said on Friday it would write off 1.17 billion baht (US$33 million) in the first quarter for a dry well in [...]
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BP to sell gas, oil field in Indonesia’s West Java
BP has put up for sale a 46% stake in an offshore oil and gas field in Indonesia’s West Java, the oil major said in a statement, ahead of the launch of its Tangguh LNG [...]
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DJ Anglo to explore for copper, gold in N Philippines -official
Anglo American PLC (AAUK) is looking for copper and gold in Apayao province in the northern Philippines, the Mines and Geosciences Bureau said. The agency has already [...]
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Russia set to provide liquefied natural gas to Asia
As the world lurches deeper into recession, the energy markets, especially oil, have been hit by falling prices. As the world retools for a more austere 21st century, one [...]
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Thai coal miner’s ’08 profit rises 39%
Banpu Pcl, Thailand’s biggest coal miner, said full-year profit rose 39% to a record because of higher prices for the fuel. Net income in 2008 climbed to 9.23 billion [...]
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OZ Minerals extends debt refinancing deadline
OZ Minerals Ltd extended a deadline to refinance A$1.2 billion (US$776 million) debt, clearing a hurdle for an agreed takeover of the world’s second largest zinc mining [...]
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Indonesia’s Indika buys 81.95% stake in Petrosea
Indonesian coal miner, PT Indika Energy Tbk (INDY.JK) said it has agreed to buy an 81.95% stake in engineering firm PT Petrosea Tbk (PTRO.JK) from Clough International [...]
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Vietnam February crude output forecast up 5.4% at 1.40m/t
Vietnam’s February crude oil production is estimated to have risen 5.4% on year to 1.404 million metric tonnes, or 367,547 barrels a day, the government’s General [...]
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Talisman to boost Malay fields to 40,000bpd
Canada’s Talisman Energy (TLM.TO) will ramp up oil production at its Malaysia/Vietnam Northern fields to 40,000 barrels per day (bpd) within three months after the [...]
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