Archive for October 1st, 2011

Olympus announces signing of formal joint venture agreement in respect of the Capcapo Copper – gold discovery, in the N Philippines

Olympus announces signing of formal joint venture agreement in respect of the Capcapo Copper – gold discovery, in the N Philippines

01-Oct-2011 Intellasia | Olympus Pacific Minerals (press release) | 4:36 PM

Olympus Pacific Minerals Inc. (TSX & ASX: OYM, OTCBB: OLYMF, and Frankfurt: OP6) (the “Company” or “Olympus”). Olympus Pacific Minerals Inc. is [...]
» More

New hope of survivors in Indonesia plane crash

New hope of survivors in Indonesia plane crash

01-Oct-2011 Intellasia | AFP | 4:22 PM

The mother of a passenger aboard a plane that crashed in a remote area of Indonesia said Friday her daughter had called her, raising hopes of finding survivors as rescuers [...]
» More

Flat despite strong US data

01-Oct-2011 Intellasia | Business Times | Reuters | AFP | Bloomberg | AP | 3:52 PM

Asian stock markets were mostly flat yesterday Friday September 30 as cautious traders were unimpressed by strong US growth data and news the German parliament had approved a [...]
» More

Vietnam, China lashed by tropical storm (video)

Vietnam, China lashed by tropical storm (video)

01-Oct-2011 Intellasia | AFP | 3:21 PM

Thousands of people in Vietnam sheltered from a powerful tropical storm that lashed its northern coast on Friday after slamming into southeast China and killing 43 people in [...]
» More

Imported gold arriving

01-Oct-2011 Intellasia | Saigon Times Daily | 7:01 AM

Imported gold will be flowing again into the country and bullion traders in the meantime will empty their stock to quench the thirst on the market as the central bank on [...]
» More

Vietnam gains optimistic results in constraining import surplus

01-Oct-2011 Intellasia | VOV | 7:01 AM

Imports of machinery and equipment for production now make up 83 percent of the country’s total import value, said the Ministry of Industry and Trade (MoIT) at a [...]
» More

Black Mark for Vietnam Banks’ Lending

01-Oct-2011 Intellasia | VIR | 7:01 AM

Bad debts are hurting banks’ ambitions. State Bank statistics show that local banking sector’s bad debts made up 3.04 per cent in total outstanding loans by the [...]
» More

Vietnam central bank makes net injection of 27tr dong on OMO in Sep

01-Oct-2011 Intellasia | Vietbiz24 | 7:01 AM

In the four trading sessions from September 26-29, 2011, the State Bank of Vietnam (SBV), the country’s central bank injected five trillion dong on open market [...]
» More

Vietnam c.bank may allow few banks to sell mobilised gold

01-Oct-2011 Intellasia | Vietbiz24 | 7:01 AM

The State Bank of Vietnam (SBV), the country’s central bank may allow few banks to open accounts to trade gold in foreign markets to help these banks be able to sell [...]
» More

Vietnam Central Bank Opens More Gold Quota for Local Importers

01-Oct-2011 Intellasia | StoxPlus | 7:01 AM

The State Bank of Vietnam, the country’s central bank, on September 28, opened gold quota for more than 10 local importers in an effort to pull down local gold premium [...]
» More

Conference on financial restructuring held in Hanoi

01-Oct-2011 Intellasia | VOV | 7:01 AM

The 2011 Vietnam Finance Conference and Exhibition themed “Restructuring national finance: policy challenges, and linking and integrating tendency” opened in [...]
» More

US dollar price at bank exceeds 21000 dong September 28

01-Oct-2011 Intellasia | Vietbiz24 | 7:01 AM

Experts said that higher US dollar price on free market of above 21,200 dong each may put pressures on the official forex rate in the banking system. Staff of a Hanoi-based [...]
» More

Interbank average forex rate unchanged

01-Oct-2011 Intellasia | Vietbiz24 | 7:01 AM

The State Bank of Vietnam (SBV) has announced the interbank average forex rate today Friday September 30 at 20,628 dong/US dollar, remaining unchanged for 32 consecutive [...]
» More

SBV sells $150m last week to keep forex rate stable

01-Oct-2011 Intellasia | Vietbiz24 | 7:01 AM

The US dollar price quoted at commercial banks is stable at 20,830-20,834 dong, while the US dollar price on the free market exceeded 21,200 dong. As reflected by Thoi Bao [...]
» More

Vietnam c.bank licenses over 10 firms to import more gold

01-Oct-2011 Intellasia | Vietbiz24 | 7:01 AM

The State Bank of Vietnam (SBV), the country’s central bank on September 28 licensed the import of gold for more than 10 firms and banks, VietBiz24.com reported on [...]
» More