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Business 28 Feb 2005 | 12:00 AM

Towards clearer procurement policy

There is big business in government procurement. Governments purchase goods and services for their ministries and agencies, and they construct infrastructural projects that run into billions of dollars.

Business 17 Mar 2005 | 12:00 AM

HK government delivers ‘responsible’ budget

Financial Secretary Henry Tang presented what analysts called a 'responsible' budget yesterday, announcing Hong Kong's first fiscal surplus in five years and abolishing estate duty.

Business 19 Nov 2005 | 12:00 AM

Fitch affirms Malaysia’s foreign, local currency ratings

FITCH Ratings has affirmed Malaysia#039;s long-term foreign currency rating at I>A-/Iand the long-term local currency rating at I>A+/I>.

Business 24 Jan 2006 | 12:00 AM

Philippine shares rise 0.2% on bargain hunting

MANILA: Philippine shares rose slightly Tuesday, with investors providing a last-minute boost for stock prices to snap a four-day decline touched off by renewed security concerns.

Business 01 Apr 2006 | 12:00 AM

9MP: Reactions

Reactions to the Ninth Malaysia Plan (9MP) from various sectors.

Business 11 Mar 2007 | 12:00 AM

Colombia's finances show signs of fatigue ahead of Bush visit

BOGOTA, Colombia (AP): When U.S. President George W. Bush arrives in Colombia on Sunday he is likely to praise the economic model of President Alvaro Uribe, his staunchest ally in a region increasingly dominated by anti-American leaders.

Business 10 Jun 2008 | 12:00 AM

BP chief: Era of cheap oil over

The era of cheap oil is over and fuel subsidies in a high price environment is not sustainable, according to BP Plc group chief executive Dr Tony Hayward.

Business 27 Nov 2008 | 12:00 AM

EU considers 200 billion euro boost and China slashes interest rates

Massive stimulus plans to drive the world out of recession took centre stage yesterday with Europe considering a more than 200 billion euro boost and China announcing its biggest interest rate cut in a decade.

Business 11 Dec 2008 | 12:00 AM

East Asia growth to slow heavily next year

Economies in East Asia will slow substantially in 2009 as the credit crisis depresses capital flows, exports and investment despite government attempts to boost domestic demand, the World Bank said Wednesday.

Business 12 Jan 2009 | 12:00 AM

Weak pound causes problems for Ireland

The recent weakness of the pound against the euro is causing difficulties for Ireland and the currency's drop is effectively a 'devaluation', Irish Finance Minister Brian Lenihan said in a newspaper interview.