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  1. Asean is on a building spree

    Posted Oct 15th 2011, 12:00am

    ... Indonesia's potential is now so conspicuous that a United States investment bank recently said the BRIC economies of Brazil, Russia, India and China- which have been fuelling global growth in recent ... Nations (Asean)- are also enjoying construction booms. Brunei's Vision 2035 plan has allocated US$9.5 billion for the National Development Plan up to 2012. Projects include public-service ...

  2. The quiz

    Posted Jan 01st 2012, 12:00am

    ... The Trial of Henry Kissinger 8 Which Hong Kong island is farthest east? A) Beaufort Island B) Po Toi C) Waglan Island 9 Which limb did actress Zsa Zsa Gabor lose last year? 10 Name the bank whose ... A household name, which website celebrated its 10th anniversary on January 15, 2011? 13 Taking our cue from the acronym BRICS- (the emerging economies of) Brazil, Russia, India, China and South ...

  3. Developers splash out 16b yuan on nine plots

    Posted Dec 31st 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu The central government's attempts to cool the property market appears to be failing, with mainland and Hong Kong developers spending 16.33 billion yuan (HK$18.52 billion) on nine sites yesterday. Hot bidding for the sites, located in Beijing, Chongqing and Foshan, signals that developers remain bullish despite recent government measures to discourage excessive ...

  4. Bank of cyprus near loan deal with cdb

    Posted Jun 09th 2011, 12:00am

    ... Keith Wallis keith.wallis@scmp.com The Bank of Cyprus is in final talks over a Euro300 million (HK$3.42 billion) term facility with the China Development Bank that was agreed as part ... and Bank of Cyprus, which will on-lend the proceeds. 'We will receive the China Development Bank loan and we will administer the relevant projects,' he said. Costa added that financing ...

  5. City's banking sector in good shape for recovery

    Posted Oct 17th 2009, 12:00am by Wilson Lau

    ... Wilson Lau As one of the pillars of Hong Kong's economic development, the banking and finance sector is expected to thrive again thanks to strong fundamentals in the Asia-Pacific ... ownership.' The bank has developed and implemented its 70, 20, 10 policy, which is a comprehensive learning approach for its employees. Ten refers to the 10 per cent component in the overall learning ...

  6. Begging for her life

    Posted May 25th 2007, 12:00am by Fabio Scarpello

    ... the country's economic prospects do not bode well for the poor people's immediate future. The Philippines' economy expanded by 5.4 per cent in 2006 and, according to the Asian Development Bank ... of the Philippines' 87 million people are poor. World Bank data shows 10.8 per cent of the country's population survives on just US$1 a day and another 41.2 per cent have less than US$2 daily. The data ...

  7. Who said it?

    Posted Jun 18th 2012, 12:00am

    ... To help Taiwanese enterprises develop, mainland banks... will offer a 600 billion yuan credit ceiling over the next three to four years Wang Yi, head of the cabinet-level Taiwan Affairs Office Today we open a road to a better tomorrow, with our people united, dignified and proud Syriza leader Alexis Tsipras, as Greeks went to the polls The manner in which the [Antiquities ...

  8. Banks emerge intact from financial crisis

    Posted Jun 23rd 2008, 12:00am by Steven Kolbe

    ... Steven Kolbe As the credit crunch wreaked havoc across the financial world, Luxembourg banks have weathered the storm unscathed and, with a focus on Asia, are now positioning themselves ... 'Collateral damage stemming from the international credit crunch has largely been worked through the system,' an international banking analyst said. 'It's substantially past, perhaps ...

  9. Strong loan growth boosts Pudong Bank earnings 31pc

    Posted Jan 06th 2007, 12:00am by Staff Reporter

    ... Amy Gu Shanghai Pudong Development Bank, in which Citigroup owns a stake, yesterday said net profit rose 31 per cent to 3.4 billion yuan last year, as the lender benefited from strong loan ... to 29.6 billion yuan last year while earnings per share gained 18 per cent to 77 fen. 'The company's results are in line with the development of China's whole banking sector,' ...

  10. New curbs point to central bank being serious this time

    Posted Dec 10th 2007, 12:00am by Staff Reporter

    ... their access to bank lending and other curbs. According to the latest estimates, developers have amassed about 1 billion square metres of undeveloped land and hope to make money from its appreciation. ... policy over the past year but is unlikely to impose tougher measures as the Olympic Games approach in August. Investor optimism may be misplaced this time, however. The central bank ...




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