Archive for July, 2008

UK-based Kirby Company to open factory in Vietnam

Thursday, July 31st, 2008 The US-based Kirby Company Ltd will open a factory that manufactures pre-engineered buildings and structures next month at Nhon Trach III Industrial Park, Dong Nai province.

S Korea`s Doosan Heavy wins US$795 mln desalination plant bid

Thursday, July 31st, 2008 Doosan Heavy Industries Co. (KSE:034020), South Korea's biggest maker of power equipment, said today that it has won a deal to build a desalination facility for 807 billion won (US$795.7 million).

Red Fort to invest US$946 mln in Indian realty development jvs

Thursday, July 31st, 2008 Red Fort Capital, a Cayman Islands-based private equity fund focused on real estate development, is in the advanced stages of negotiations with six developers for projects worth Rs 40 billion (US$946.28 million) in the metropolitan areas across India.

Matsushita to spend US$1 bln to hike lithium ion battery output

Thursday, July 31st, 2008 Matsushita Electric Industrial Co. (TSE:6752) said Wednesday that it has earmarked 123 billion yen (US$1.1 billion) to more than triple its global production capacity for lithium ion batteries for notebook computers and other devices to more than 900 million units a year by fall 2011.

Japan`s TDK to buy top European electronic parts maker

Thursday, July 31st, 2008 TDK Corp. (TSE:6762) will purchase Europe's leading electronic parts manufacturer, Epcos AG, for an estimated 150 to Y200 billion (US$1.85 billion), in one of the industry's biggest acquisitions, The Nikkei learned Wednesday.

India`s NHPC lines up US$21 bln investment for next 10 years

Thursday, July 31st, 2008 State-run hydroelectric power producer NHPC has lined up a whopping Rs 900 billion (US$21.3 billion) investment to augment its power generation capacity and to become a 11,000 MW company.

Cosmoprof Asia 2008 Hong Kong, 12-14 November

Thursday, July 31st, 2008 AsiaNet) - Beauty, trends and business oriented COSMOPROF ASIA, the premier beauty event in the Asia Pacific region, is getting ready for its 13th edition, which will be held from 12 to 14 November, at the Hong Kong Convention & Exhibition Centre.

INTERMACH 2009 will open up a whole new world of business opportunities

Thursday, July 31st, 2008 AsiaNet) - Thailand's INTERMACH exhibition continues to go from strength to strength, and over the past twenty-five years it has established itself as Asia's No. 1 industrial machinery event. It has also become a strong contributing force behind the region's impressive industrial growth.

Malaysia may cut fuel prices: official

Thursday, July 31st, 2008 Malaysia may reduce fuel prices in the weeks ahead if global oil prices continue to fall, a senior finance ministry official said Thursday.

AtMail launches cluster edition for remote email management

Thursday, July 31st, 2008