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Breaking News Tue, 9 Feb 2010
The Bangko Sentrl ng Pilipinas (BSP) building along Roxas Boulevard, Manila, Philippines on October 29, 2009.
(photo: WN / Janice Sabnal)
BSP accedes to lowering of tax stamp print cost
The Daily Tribune
| 02/08/2010 | The Bangko Sentral ng Pilipinas (BSP) has agreed to lower the cost of printing excise tax stamps for cigarettes and liquor, that will likely boost a Swiss-based company’s bid to introduce a multibillion-peso government contract. | Bureau of Internal Revenue (BIR) Chief Joel Tan-Torres...
Canadian Finance Minister Jim Flaherty
(photo: Public Domain)
G7 to continue stimulus until global economy on track
Inquirer
| IQALUIT, Canada—Finance ministers from leading industrialized nations on Saturday vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada's far north. | Canadian Finance Minister Jim Flaherty told a closing press conference that he and his G7 c...
Thailand to help finance 9-kilometre rail link with Lao capital
m&c
| Vientiane, Laos - Thailand has provided 303,000 dollars to finance design work on a railway link between the Thai border and Vientiane, media reports said Monday. | Work on the preliminary design of the 9-kilometre link began in October and should ...
Clash over control scuttles Kirin, Suntory plan to create food, beverage giant
Hartford Courant
(AP) — A clash over control has scuttled plans for Japanese beermaker Kirin Holdings Co. and smaller rival Suntory Holdings Ltd. to create one of the world's largest food and beverage . | Despite seven months of negotiations, the two companies ...
Toyota counts on veteran to do rescue damaged image at Congressional hearing
Hartford Courant
TOKYO (AP) — Toyota is counting on a trusted veteran with ample U.S. experience, Yoshimi Inaba, when the Japanese automaker's recall problems are scrutinized by Congress later this week. | Inaba, 63, a sales expert, was hand-picked from semiret...
Convicted Chinese-born spy to be sentenced in Southern California economic espionage case
Hartford Courant
SANTA ANA, Calif. (AP) — An elderly Chinese-born engineer convicted of economic espionage for hoarding sensitive documents that included space shuttle details faces sentencing Monday, and prosecutors are seeking a 20-year term. | A judge found ...
Japan bonds gain for first time in a week as shares extend plunge
Gulf News
More from Markets | ...
BSP accedes to lowering of tax stamp print cost
The Daily Tribune
| 02/08/2010 | The Bangko Sentral ng Pilipinas (BSP) has agreed to lower the cost of printing excise tax stamps for cigarettes and liquor, that will likely boost a Swiss-based company’s bid to introduce a multibillion-peso government contract. | Bure...
In this undated photo released from North Korea's Chosun Shinbo via Yonhap, the front and back designs of North Korea's new paper currency after its recent reform are shown.
AP / Chosun Shinbo via Yonhap
Turmoil Reported in N. Korea After Currency Changes
The New York Times
| SEOUL, South Korea - Recent changes to the North Korean currency have set off runaway inflation, officials and news reports in Seoul said Wednesday, as a South Korean newspaper r...
Indian migrant worker on a pause in Dubai creek, UAE, November 2007
WN / Guillaume Poulet-Mathis
Tracing the shattered dreams of many Dubai Indians
Samachaar
New Delhi: It's a novel that looks at the hard lives of poor Indian migrants in search of their pot of gold in Dubai - a work that gains significance in the backdrop of the current...
G7 to continue stimulus until global economy on track
Inquirer
| IQALUIT, Canada—Finance ministers from leading industrialized nations on Saturday vowed to continue epic deficit spending to bolster a fragile global recovery at the end of G7 talks in Canada's far north. | Canadian Finance Minister Jim Flaherty to...
In unusual move, PayPal curtails some transactions in India; cites questions about the service
Hartford Courant
SAN JOSE, Calif. (AP) — The online payments service PayPal has taken the unusual step of suspending many transactions in for more than a week. | A spokesman for the service said Saturday that "personal payments" to and from India are being bloc...
G7 finance ministers meet as eurozone roils markets
The Himalayan
| IQALUIT: Finance ministers and central bankers from leading industrial nations focused Saturday on measures to stimulate a tentative global economic recovery and calming jittery markets as they launched talks in northern Canada. | Topping the agend...
G7 finance ministers meet as Eurozone roils markets
Business Report
| By Michel Comte | Iqaluit, Canada - Finance ministers and central bankers from leading industrial nations focused Saturday on measures to stimulate a tentative global economic recovery and calming jittery markets as they launched talks in northern ...
Banking
Globe Telecom  -  Globelines  Payment  Center
(photo: WN / Trigedia)
Globe plans P3B loan from local banks
Inquirer
| MANILA, Philippines--GLOBE TELECOM INC. MAY borrow another P3 billion from local banks to supplement the company's budget requirements for the year. | But the company said it was unlikely to raise money by selling debt paper to retail investors this year as rising interest rates make bond floats more expensive than regular bank loans. | 'Last yea...
Economy
Australia - immigration information
(photo: Creative Commons / niv)
Australia to focus on high skills, cancels 20K visas
IBN Live
Canberra: Australia will dump 20,000 low-skilled migrant applications to re-focus its immigration intake on high-skilled jobs critical to the economy and help meet growing Chinese resource demand, the government said on Monday. | The move was welcomed by Australia's mining sector, where major firms like BHP Billiton and Rio Tinto have been expandin...



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