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TAKING THE FAST LANE - Governments are driving public opinion to wean people from cars to public transport
30-04-2008
MOST visitors to Singapore over the past 30 years will remember having taken an NTUC taxi at least once during their stay. Today, NTUC is owned by Singapore-listed ComfortDelGro, the single largest foreign-owned land transport operator (buses and taxis) in China. ComfortDelgro is also in joint venture with Australia’s Cabcharge in major bus operations in Sydney and London, and has taxi operations in Hanoi. CEO Kua Hong Pak sees major expansion ahead as governments worldwide push for greater use of public transport as part of their response to the debate on global warming....
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IPO bids take lustre off Vietnam bourse
07-04-2008
A FALL in investor demand has seen rescheduling of partial privatisations in Vietnam, with some IPOs put on hold....
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India's retail revolution speeds up
02-04-2008
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Korea leads on PPPs, S’pore in stop-start
18-03-2008
SOUTH KOREA leads Asia in the use of the private-public partnership (the PPP), but infrastructure demand could force more countries to adopt the concept – and this may require a cultural change allowing for more genuine Government partnerships with the private sector....
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Gulf, Indonesia, India to lead Leighton’s growth
26-02-2008
AUSTRALIAN civil engineering major, Leighton Holdings, has relocated its Leighton International Head Office to Dubai, and expects the Middle East to overtake Indonesia as its largest market outside Australia by end-2008. But Leighton’s Chief Financial Officer, Scott Charlton, is also bullish on Indonesia, where subsidiary Thiess is heavily involved in mining and toll roads. And he says India – where Thiess-Leighton has formed a joint venture – will be a major market over the medium-term.
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Linking the Greater Mekong
26-02-2008
NEW highways and railways will open up vast areas of Vietnam, Laos, Cambodia, Thailand, Myanmar and parts of China. A new highway from Hanoi to Kunming, capital of China’s Yunnan province, is being supported by the ADB.
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Fast track for Seoul-Busan canal project
26-02-2008
SEOUL – Incoming Korean President, Lee Myung Bak, is wasting no time in living up to his nickname – “The Bulldozer” – by getting his proposed US$15 billion Seoul-Busan (or Nakdong-Han) canal project off the ground.
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WTO tips growth for Thailand, but wary on Business Act
01-02-2008
ECONOMIC fundamentals are good, but the WTO is worried by planned amendments to Thailand’s Foreign Business Act, and its complex customs tariff schedule....
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Asia grasps nuclear to meet power needs
24-01-2008
CHINA IS DRIVING forecasts of nuclear power expansion in Asia, but Thailand, Indonesia and South Korea are also embracing the nuclear option to help solve looming electricity shortages....
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Business finds ‘green’ adds to bottom line
24-01-2008
THE ENVIRONMENTAL MARKET in three Asian countries – Japan, China and South Korea – could be worth US$92 billion in coming years, according to Yale University professor, Daniel Esty. Sixty per cent of carbon credits earned by European companies are already going to China, he says....
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WHY BUSINESS IS TAKING BACK SEAT IN DOHA TALKS
11-01-2008
WITH the Doha Round of trade talks stalled, business is taking a back seat in negotiations, says World Trade Organisation researcher, Bernard Hoekman. Because business wants to retain what it gained from the Uruguay Round, especially trade-related intellectual property rights (TRIPS)....
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ADB stepping in to protect the Mekong
11-01-2008
THE Asian Development Bank is planning a biodiversity programme to counter increasing fragmentation of natural areas and ecosystems in the Greater Mekong region because of road-building, farming, logging, mining and hydro-power development....
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HOW 'GREEN' ADDS TO THE BOTTOM LINE
08-01-2008
GE HAS DEVELOPED programmes to provide its fleet customers in Australia with carbon offsets, has sold Qantas its new eco GENX engines for next-generation 787 aircraft, and, through GE Money in the United States, is marketing a card which accumulates carbon credits rather than frequent flyer miles....
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INDONESIA HANGS UP ON TEMASEK
08-01-2008
POLITICIANS are becoming increasingly nervous of sovereign wealth funds investing in their economies....
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WHITHER THE DEAR LEADER?
27-12-2007
NORTH KOREAN leader Kim Jong-il made rare appearances at the recent North-South Summit in Pyongyang, and was noticeably unwell. The clock seems to be ticking on a post-Kim era....
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