Southeast Asia Business News

Oil below $56 on Japanese slide

SINGAPORE (AP) -- Oil prices fell below $56 a barrel Monday in Asia as news that Japan fell into recession highlighted investor fears of a global economic slowdown that will hurt crude demand. Light, sweet crude for December...

New on Gulf's shopping list: Foreigners' farmland

Unable to feed themselves, and with local supplies of water close to exhaustion, some of the Arab Gulf states are buying or renting land in countries such as Pakistan and Cambodia, hoping to ensure food supplies.

Mkts extremely choppy: Nifty hovering around 2800

The markets have shown smart recovery from the day\'s low and are now trading choppy. The Sensex recovered over 400 points and the Nifty over 100 points. Realty, banking, metal, auto, and power stocks are still under pressure....

ChangingWorlds announces Telefónica O2 Czech Republic launch of Personalized Mobile Internet

Prague, Czech Republic and Dublin, Ireland, Monday, November 17th 2008: ChangingWorlds, the global expert in mobile data personalization and subscriber intelligence for mobile operators, today announced a new deal that will...

eFuture to Provide Sales Counter Management System to Central Retail Corporation (PR Newswire)

eFuture Information Technology Inc. , a leading provider of software and services in China's rapidly growing retail and consumer goods industries, today announced that it has signed a contract to provide its eFuture ONE POS-ERP...

MVP Hooks up with Indonesian Poultry Company

GLOBAL - Vaccine manufacturer, Malaysian Vaccines and Pharmaceuticals Sdn Bhd (MVP) has signed an agreement with Indonesian poultry company, P.T. Agrinusa Unggul Jaya to distribute 10 million ringgit (MYR) worth of selected...

Focus Spirit lead the way in Malaysia using DIGITALK

November 17th 2008. Milton Keynes. Focus Spirit, a leading provider of prepaid services in Malaysia, have migrated their existing service network to the DIGITALK Multiservice Platform. In addition to supporting their current...

CPF Board to continue to pay 2.5% yearly interest rate for ordinary account savings

Channel NewsAsia - 2 hours 55 minutes ago SINGAPORE: Central Provident Fund (CPF) members will continue to receive a 2.5 per cent yearly interest payout for savings in their CPF Ordinary Account, beginning next year till end of...

Firm action will be taken against anyone mis—selling financial products

Channel NewsAsia - Tuesday, November 18 SINGAPORE: Finance Minister Tharman Shanmugaratnam has confirmed that the Monetary Authority of Singapore (MAS) has started formal enquiries into allegations of mis—selling of financial...

Quick cruises to nowhere from $179

21 hrs ago

If the idea of cruising without port stops has you scratching your head, consider why people attend fashion week. It’s a chance to show off the latest creations from the hottest lines. The same concept applies to the cruising...

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