Archive for February, 2009

Banks plan to reach high credit growth in 2009

28-Feb-2009 Intellasia | 27/Feb/2009 Dau Tu Chung Khoan 27 | 4:48 PM

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 [...]
» More

Vinare establishes financial investment arm

28-Feb-2009 Intellasia | 27/Feb/2009 Kinh Te Vietnam & The Gioi page 6 | 4:47 PM

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 [...]
» More

Saigon Hotel JSC to pay 12% cash dividend, PAC’s dividend payout at 7%

28-Feb-2009 Intellasia | 27/Feb/2009 CafeF | 4:46 PM

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 [...]
» More

Deo Nai Coal JSC pays 15% dividend in cash for 2nd phase of 2008

28-Feb-2009 Intellasia | 27/Feb/2009 AtpVietnam | 4:45 PM

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 [...]
» More

Vietnam Airlines discounts airfare if paid online by Visa, Master, JCB, Diner’s & Amex

28-Feb-2009 Intellasia | | 4:39 PM

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 [...]
» More

Asia stock market mixes, EU and US tumble Feb 27

28-Feb-2009 Intellasia | Business Times | Reuters | AFP | 4:20 PM

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 [...]
» More

Thai PTTEP to write off US$33m for Australian well

28-Feb-2009 Intellasia | Reuters | 8:01 AM

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 [...]
» More

BP to sell gas, oil field in Indonesia’s West Java

28-Feb-2009 Intellasia | Reuters | 8:01 AM

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 [...]
» More

DJ Anglo to explore for copper, gold in N Philippines -official

28-Feb-2009 Intellasia | Dow Jones | 8:01 AM

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 [...]
» More

Russia set to provide liquefied natural gas to Asia

28-Feb-2009 Intellasia | Washington times | 8:01 AM

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 [...]
» More

Thai coal miner’s ’08 profit rises 39%

28-Feb-2009 Intellasia | Bloomberg | 8:01 AM

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 [...]
» More

OZ Minerals extends debt refinancing deadline

28-Feb-2009 Intellasia | Bloomberg | 8:01 AM

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 [...]
» More

Indonesia’s Indika buys 81.95% stake in Petrosea

28-Feb-2009 Intellasia | Reuters | 8:01 AM

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 [...]
» More

Vietnam February crude output forecast up 5.4% at 1.40m/t

28-Feb-2009 Intellasia | Dow Jones | 8:01 AM

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 [...]
» More

Talisman to boost Malay fields to 40,000bpd

28-Feb-2009 Intellasia | Reuters | 8:01 AM

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 [...]
» More