* Export orders contract 11.96% Sep 24, 2009
Among various industrial sectors, output from the manufacturing sector, which accounts for nearly 80 percent of total output, fell 9. 38 percent year-on-year, the department said. (Taipei Times, Taiwan -- Business)
Wise Foods Refinancing Sep 23, 2009
The company, based in Iselin, NJ, enables business expansion for customers in the healthcare, energy, and industrial sectors. SOURCE Wise Foods, Inc.. (PR Newswire)
Forecast predicts commercial values to get even worse Sep 22, 2009
In the office, retail and industrial sectors, the forecast projects that prices will remain at recessionary lows for two years ... Chicago lags the national forecast in the retail and industrial sectors, while the regions apartment market is poised to outperform the national market. (Crain's Chicago Business)
China in Laos: Counting the cost of progress Sep 19, 2009
Last year, the government of Yunnan completed a blueprint - widely known as the "Northern Plan" - to develop the industrial sectors of northern Laos from now until 2020. This was handed over to the Laotian government in January, and is expected to be ratified at the Laotian 9th Party Congress in 2010. (Asia Times Online)
Fisher: Years of Bull Market Ahead Sep 10, 2009
ETF investors should first determine what country, industrial sectors, and categories they want to own, then make certain the funds they buy dont charge high fees. The broader the mandate, the cheaper the fee, Fisher notes. (Newsmax)
US Energy Use Drops In 2008 Sep 8, 2009
End use efficiency is estimated at 80% for the residential, commercial and industrial sectors, and as 25% for the transportation sector. Totals may not equal sum due to independent rounding. (Science Daily)
Reserve Bank on mission to take banking to villages Sep 8, 2009
"Infrastructure and industrial sectors of the seven northeastern states are still not developed, for which the credit flow is still not at par with the national average. Lack of basic infrastructure like roads, transport facilities and power is the main impediment in the way of flow of funds in the region," Thorat said. Read business stories in. (India Times)
No service tax on goods shipped via Rlys, waterways Sep 2, 2009
The government has exempted a number of goods that are of importance to common man, farmers and some industrial sectors hit by demand contraction certain essential items from the levy that kicks in from Tuesday. The government had brought transportation of goods by railways, national and inland waterways and coastal shipping under the service tax net in union budget 2009-10 to bring them on par with roads sector. (India Times)
WTO representatives to meet today Sep 2, 2009
In the discussions related to eliminating tariffs in certain identified industrial sectors, while the US wants to make participation mandatory by linking it to other flexibilities, including lower reduction in average tariffs, India and some others want it to be strictly voluntary. Read business stories in. (India Times)
* Are we seeing signs of a Japanese political metamorphosis? Sep 1, 2009
Unable to pay off its constituencies, disintegration looms, for the LDP has never been a party with entrenched grass-roots support, but instead operates as a machine of power and redistribution through a web of insiders across the countrys industrial sectors, occupational associations, and local communities. Only by recruiting new blood and reorganizing itself with a solid ideological platform will an LDP comeback be possible. (Taipei Times, Taiwan -- Business)
North Andover High Achievers Sep 1, 2009
Foley, a plastics engineering graduate of the University of Massachusetts-Lowell, worked at GE Plastics as a product manager in automotive/aerospace, as well as the energy/environmental industrial sectors. . (North Andover Citizen, MA)
Three phase expansion mooted for CHDZ industrial sectors Aug 31, 2009
BEIJING, Aug. 31 -- Following the implementation of its large-scale expansion plan, the Changchun Hi-tech Development Zone (CHDZ), one of the nation's top 10 State-level hi-tech zones, is expected to enjoy substantial growth over the next few years. The key elements of the new plan include the consolidation of the existing southern area and the enhanced development of its newly established northern zone. (Xinhuanet, China)
Wong Engineering wins up to RM30m jobs Aug 31, 2009
He said the group was also in discussions with US customers to manufacture test-measurement equipment used in the medical and industrial sectors. We are also exploring new areas of business such as producing parts for machines used in the financial sector, he added. (The Star Online, Malaysia -- Business)
China's industrial profit down 17.3% in 1st 7 months Aug 30, 2009
Of the 39 industrial sectors, 14 achieved a rebound in profit growth, nine recorded a slow-down in profit declines and four turned slumping profit to rebounding profit. The 22 regions refer to China's provinces, regions and municipalities minus Beijing, Inner Mongolia Autonomous Region, Hunan, Guangdong, Anhui, Hainan, Chongqing, Yunnan and Tibet Autonomous Region. (Xinhuanet, China)
India to host meet for WTO consensus Aug 26, 2009
The Doha negotiations collapsed in July last year when trade ministers from major countries failed to reach a consensus on issues such as according protection to poor farmers and holding compulsory talks on eliminating duties on select industrial sectors in Geneva ... Another tricky matter is the treatment to be given to negotiations on bringing tariffs on select industrial sectors including automobile parts, chemicals and machinery to zero. (India Times)
Denver outpaces nation in CRE lending Aug 25, 2009
Denver s multifamily and industrial sectors also declined, to 85. 63 and 62. (Denver Business Journal, CO)
UMW profit down on weak spending and economic downturn Aug 22, 2009
Decline in spending by consumers and industrial sectors due to the global economic downturn resulted in the lower revenue recorded by the automotive, equipment, and manufacturing and engineering segments, it said in a filing with Bursa Malaysia yesterday. The weakening of the ringgit against the US dollar and yen also affected profit margins, the company said, adding that the oil and gas segment registered a positive variance for both revenue and profit for the quarter as contributions from new... (The Star Online, Malaysia -- Business)
Minnesota sees bright spot on unemployment front Aug 22, 2009
Last month's numbers mark the first monthly job gains since last August, and eight of the state's 11 industrial sectors saw gains. Leisure and hospitality led the way with 3,900 added jobs. (Brainerd Daily Dispatch)
Obama slams TV over health care 'ruckus'... Aug 15, 2009
Critics cite fears about the level of government intervention Obama has prescribed in the finance and industrial sectors to counter the deepest economic crisis since the 1930s. Republicans argue that "Obamacare" would be too expensive, swell the ballooning deficit, worsen the quality of care and strangle the industry with government bureaucracy. (The Drudge Report)
IIP numbers show recovery Aug 14, 2009
All the three industrial sectors mining, manufacturing and electricity have pulled their weight in delivering the highest growth since February 2008. Within manufacturing, the recovery is broad-based with 12 out of 17 sub-sectors reporting positive growth. (India Times)
Turbo Power Systems Inc. (TPS) Announces Results for the Second Quarter and Six Months Ended 30 June 2009 Aug 14, 2009
The Company's products are all based on its core technologies of power electronics and high speed motors and generators and are sold into a number of market sectors including aerospace, rail, and various industrial sectors. The Company's products provide improved efficiency and reduced energy consumption compared to existing technologies. (CCNMatthews Press Releases)
Official: China should have more say in global iron ore trade Aug 13, 2009
MIIT Minister Li Yizhong said overcapacity in the steel industry was "the most evident" of all the industrial sectors, with this year's estimated total output capacity at 660 million tonnes, compared with estimated demand at 470 million tonnes. BEIJING, Aug. 12 (Xinhua) -- China's imports of iron ore and crude oil hit record highs in July due to strong domestic demand, said Wednesday's China Daily. (Xinhuanet, China)
China stops expansion projects in steel industry for 3 years Aug 13, 2009
MIIT Minister Li Yizhong said overcapacity in the steel industry was "the most evident" of all the industrial sectors, with this year's estimated total output capacity at 660 million tonnes, compared with estimated demand at 470 million tonnes. He called for steel mills to stop expansions for the next three years. (Xinhuanet, China)
Energy efficiency can improve with insulation Aug 12, 2009
In fact, a modest increase in the use of energy efficient mechanical insulation would allow the United States to quickly generate significant energy demand reductions in the commercial and industrial sectors, create tens of thousands of green jobs and help cut the nation's greenhouse gas emissions. The National Insulation Association recently estimated a huge energy efficiency opportunity for the industrial and commercial sectors at $4. (The Pantagraph newspaper)
* TAIEX set to extend gains this year: Deutsche Bank Aug 7, 2009
Intensifying discussion on ECFA may generate more investor interest in industrial sectors such as chemicals and steel. . (Taipei Times, Taiwan -- World)
Avoiding Europe's Carbon Missteps Aug 7, 2009
From 2013 (when the third phase of CO2 trading begins), total allowances for all industrial sectors, including power, chemicals, and other energy-intensive industries, will be reduced by almost 2% per year until 2020. That comes on top of similar cuts imposed since 2008, which have eliminated most of the excess carbon permits from the market. (BusinessWeek)
Improving Road Infrastructure and Proposed Huge Investments in Pipelines Bode Well For the Liquid and Gaseous Cargo Transportation Market in India Aug 6, 2009
Lower demand from the automobile and industrial sectors will restrain the transportation market for liquids and gaseous cargo in the country, at least for the next two years. In response, the Indian Government is encouraging and supporting Indian companies in exploration and ventures in other regions around the world. (PR Newswire)
Manufacturing, construction show some life Aug 4, 2009
The ISM report mirrored improving readings on the industrial sectors in China and Europe, helping send global stock markets mostly higher. The Dow Jones industrial average added more than 100 points in afternoon trading, and broader indices also rose. (MSNBC -- Business)
Barnes reports lower profits as economy hurts key sectors Aug 4, 2009
1 million drop in second-quarter profits due to the impact of the sluggish economy on the transportation and industrial sectors. Barnes reported net income of $10. (Republican-American)
Kaydon Hikes Quarterly Dividend to 18 Cents Aug 1, 2009
Kaydon makes products for the alternative energy, aerospace, medical and industrial sectors. It has raised its dividend for the past three years. (ABC News -- Wire)
U.S. and India Renewable Energy Partnership Can Ameliorate Global 'Climate Change' Issues Jul 28, 2009
With the strong economic growth projected for the developing non-OECD nations, substantial increases in electricity generation will be needed to meet demand in the residential, commercial, and industrial sectors. To meet some of our electricity requirements, renewable energy sources can help to certain extent. (Energy Pulse, CO)
Study: U.S. energy use fell in 2008 Jul 28, 2009
Use of energy in the transport and industrial sectors of the economy fell slightly, while residential and business usage climbed slightly, the study said. Usage of green or renewable sources grew, with the largest chunk of that coming from hydroelectric generation. (Denver Business Journal, CO)
Bulls in Control as Asia Stocks Extend Rally Jul 27, 2009
The materials, energy, industrial sectors are anticipating the lowest earnings growth rates for the quarter. This week. (ABC News -- Wire)
Final energy bill should benefit consumers Jul 25, 2009
The ACES bill, HR2454, was created to establish a program for "capping" emissions from fossil fuels and some industrial sectors. It requires permits for those emissions and then increases the cost of the permits over time. (Anchorage Daily News)
Canadian Currency Is Little Changed, Halting Advance, as Oil Pares Gains Jul 22, 2009
The currency and restructuring in key industrial sectors are damping the overall pace, it said. It offered no comment on further credit-market stimulus. (Bloomberg -- Canada)
Innovative and Affordable Products Uplift Prospects for Point-of-Use Water Treatment Systems Market in India, Finds Frost & Sullivan Jul 21, 2009
The agricultural and industrial sectors utilize most of the water resources in India, leaving a meager portion for drinking purposes. Indiscriminate discharge of industrial and agricultural effluents into the rivers and lakes has contaminated the water resources, heightening the need for water purification processes. (PR Newswire)
SAP Announces Intent to Acquire SAF AG Jul 20, 2009
SAF specializes in the development of ordering and forecasting software for the retail, logistics and industrial sectors. The company employs the innovative conceptual demand chain management approach, which allows the process chain to be controlled and optimized by its central driving force - the customer's buying behavior. (PR Newswire)
* Talks on trade pact with EU still stalled Jul 15, 2009
Pellegrin said the imminent FTA between South Korea and the EU could have a negative impact on Taiwans competitiveness in key industrial sectors such as machinery and flat-screen manufacturing. In his address, Ma said that Taiwan also agrees with the ECCTs suggestion of exploring TEM with the EU, adding that Taiwan wished to start consultations on a TEM soon. (Taipei Times, Taiwan -- World Business)
Wall Street US stocks hit 10-week low Jul 8, 2009
Cyclical stocks in the US materials, energy, and industrial sectors, which had ridden a recent upswing in raw material prices on recovery hopes, led the market down as commodity prices eased. Copper, a barometer of global economic strength, fell nearly 2 per cent.. (Sydney Morning Herald -- Business)
Dual Frost & Sullivan Accolade for Veolia Water Solutions & Technologies Jul 7, 2009
This enterprise has already materialised with dedicated Centres of Excellence for key industrial sectors such as food and beverage and pharmaceuticals. Currently, VWS is the only company in the market with a team - The Veolia Pharmaceutical Competence Centre - dedicated to the pharmaceutical industry. (PR Newswire)
Macao to unveil its 1st franchise expo Jul 3, 2009
The organizers have said that they believed Macao Franchise Expo will provide a platform for commercial and industrial sectors by promoting franchising, chain store and brand agencies to SMEs (small and medium-sized enterprises) and offer an ideal opportunity for people to establish their own businesses. During the event, ten product and service seminars will be held in a bid to assist participants to find suitable partners. (Xinhuanet, China)
Malaysia's Najib targets affirmative action Jul 2, 2009
Jeff Ooi, an opposition lawmaker for the Chinese-oriented Democratic Action Party, said the reforms didn't go far enough, as the 30 percent equity quota still applies in industrial sectors like energy and shipping. Nor had the concept of the NEP as a means of wealth redistribution been changed. (Christian Science Monitor)
Govt to protect car sector Jul 1, 2009
"I think that the auto industry has got some very, very important linkages to other industrial sectors, and we need to preserve that capacity," he said. Sectors supplying goods to auto manufacturers included the leather, steel and glass industries, and many engineering industries. (iAfrica.com)
* Business sectors opened to Chinese investors Jul 1, 2009
Starting today, Chinese companies and investors will be allowed to submit investment proposals to the government, as a total of 100 industrial sectors have been opened to investments from across the Taiwan Strait, the Ministry of Economic Affairs said yesterday. Chinese companies and investors can now invest in 64 sectors of Taiwans manufacturing industry, 25 sectors of the service industry and in 11 infrastructure projects, the ministry said. (Taipei Times, Taiwan -- Business)
Industry bailouts not as critical as jobs - ministers Jul 1, 2009
But Rob Davies of trade and industry and Ebrahim Patel of economic development indicated that they did support interventions in industrial sectors where large job losses would result from the recession. Davies, who was presenting his budget vote in Parliament, was questioned at a media briefing ahead of the vote in an extended public committee on why the government tended to throw money at the automotive industry. (Business Report, South Africa)
Rate decision weighs on JSE Jun 27, 2009
Online Edition Powered By IOL. DisplayAds('SkyLEFT',17,). (Business Report, South Africa)
Iran's Crisis: The Opposition Weighs Its Options Jun 24, 2009
While some industrial sectors such as Tehran's bus drivers have been famously combative and willing to use the strike weapon in labor disputes, it remains to be seen whether that tactic can be effectively used as a general form of protest in an economy where so many depend on employment associated with the state, and unemployment levels are high. And general-strike calls, because of the economic risk to participants, would necessarily have to be used sparingly. (Time.com)
Rep. Sprenger votes against tax increases Jun 18, 2009
This legislature voted to raise taxes on businesses, even though nearly all industrial sectors have lost jobs over the past year. HB 3405 represents a 33 percent increase in corporate taxes over the next two years and disregards profitability, said Rep. (Lebanon Express, OR)
OptiMedica Selects Glassbeam to Gain Insight Into Product Operational Data Jun 17, 2009
We are excited to be working with a thought leader and a fast growing company like OptiMedica in helping them understand their products and scale to meet their growth," said Puneet Pandit, CEO of Glassbeam. The is applicable to companies across multiple verticals such as software, servers, storage, networking, telecom, medical devices, energy and industrial sectors. About OptiMedica: Based in Santa Clara, Calif., OptiMedica Corp. is a global ophthalmic company dedicated to advancing the practice... (Yahoo News -- Press Releases)
Global network formed to improve hearing implant outcomes Jun 16, 2009
The NCA is firmly committed to the integration of its research with the needs of its partners in the hearing health care and industrial sectors. With a significant track record in working with those partners, the NCA is a world leader in developing new technologies and methodologies to both prevent and alleviate the potentially debilitating effects of hearing loss. (EurekAlert! -- Business News)
* Cabinet OKs areas for PRC investment Jun 5, 2009
The Executive Yuan yesterday approved the initial list of industrial sectors the government plans to open to Chinese investment after making some slight adjustments to the list. The revisions were made after the Democratic Progressive Party (DPP) raised concerns about the impact on national security. (Taipei Times, Taiwan -- Sports)
Microelectromechanical Systems Record Intense Growth with Applications Across Diverse End-user Segments in Southeast Asia, Says Frost & Sullivan Jun 4, 2009
The market has witnessed considerable growth in the consumer, automotive, and industrial sectors. (Logo: ). (PR Newswire)
Gemini CEO Increases Shareholdings Jun 4, 2009
The Corporation is a leading provider of engineered solutions and field services through either stand-alone or integrated service approaches to a broadening client base in the energy, environmental and industrial sectors. The Corporation's principal target markets are conventional oil and gas, unconventional gas, heavy oil, industrial, and renewable energy. (CCNMatthews Press Releases)
Iridium Reports First Quarter 2009 Results Jun 3, 2009
Iridium provides critical services in the maritime, government, aviation and industrial sectors that operate in remote locations, in the air and at sea, where there is often no communication alternative. Communicating to and from remote locations is not a luxury for our customers, and this is evident in Iridium's continued service revenue and subscriber growth," said Desch. On the decline in equipment sales, year-over-year comparisons of revenue are affected by $2 million of equipment... (PR Newswire)
Asian stocks rise on Chinese data Jun 1, 2009
2 per cent, with trading houses and industrial sectors performing well. Growing optimism that the worst of the global downturn is over offset long-expected news that General Motors will file for bankruptcy later in the day in a government-managed process that will pump another $US30 billion in taxpayers' money into the ailing automaker. (Sydney Morning Herald -- Business)
'Day of reckoning' May 30, 2009
Car-part industrial sectors have been hit massively hard, but the financial sector is not under threat, and 70% of Austrian energy comes from hydroelectric sources. The reason for the strength in the BZO FPO vote in the last election was that Austria has a lot of "Alpine Germans" who live in fairly isolated comfortable little communities. (BBC News -- Europe)
Final Comprehensive Plan Meeting Is Tuesday May 30, 2009
Identify and pursue "targeted" businesses in the commercial and industrial sectors. Work closely with the Industrial Development Authority and commercial/industrial real estate brokers to create additional business development opportunities. (Missourian Publishing, MO)
European economic confidence up for second month May 28, 2009
There were also modest improvements in the services and industrial sectors, which account for 70 percent of the overall indicator. Eurostat said the economic sentiment indicator for the 27-nation EU also improved for the second month running to 66. (OregonLive, OR -- Business)
Who said that? May 24, 2009
Shakeel Meer, a divisional executive for industrial sectors at the IDC, said yesterday: "We are a development finance institution, not a bank, and we will continue to put money into the economy.". Funding is being increased even though it is difficult to assess the long-term risk of investments and loans in the present economic climate. (Business Report, South Africa)
The Envision Group Awarded 14.8 Million Dollar Contract May 23, 2009
The envision Group has a broad range of experience serving the petroleum, realty, government, private, First Nations and industrial sectors. We provide cost effective, innovative solutions to meet our clients' needs. (CCNMatthews Press Releases)
Bear Stearns to Algebra I Means Lost Dollars in New Trickle-Down Economics May 23, 2009
The consumer discretionary and industrial sectors -- dependent on people who buy refrigerators, restaurant meals or cars -- are the only areas that have shrunk more than finance, with 383,340 and 270,278 job losses, according to the data. For each finance post eliminated, 3. (Bloomberg)
* Mas year in the pressure cooker May 22, 2009
Further opening Taiwan to Chinese capital and markets may jeopardize some industrial sectors in Taiwan. Again, Beijing controls the quantity of economic input. (Taipei Times, Taiwan -- World Business)
Gemini Corporation Redeems Preferred Shares May 22, 2009
The Corporation is a leading provider of engineered solutions and field services through either stand-alone or integrated, full-service approaches to a broadening client base in the energy, environmental and industrial sectors. Shares of Gemini trade on the TSX Venture Exchange under the symbol "GKX". (CCNMatthews Press Releases)
Embrapa and PBL forge technology development and commercialization partnership May 21, 2009
PBL will also add selected Embrapa innovations to its portfolio and market these to the global industrial sectors, on behalf of Embrapa. PBL has a long track record of success in protecting and licensing innovations on behalf of public research organizations worldwide. (EurekAlert! -- Business News)
Platinum demand drops May 19, 2009
Although demand has been particularly poor in the automotive and industrial sectors, strong jewellery purchases in China so far this year had offset the trend, the report said ... However, the report also suggested the global economic crisis would see overall demand for the metal fall in 2009 particularly in the autocatalyst and industrial sectors although physical investment and jewellery demand might increase. (iAfrica.com)
