Africa: Emerging Economies Hold Promise for Continent [analysis] Aug 11, 2009
According to the donor-led, World Bank-managed Public-Private Infrastructure Advisory Facility (PPIAF), China's planned investment in hydroelectric schemes could increase Africa's generating capacity by 30 per cent.. Page 1 of 31. (allAfrica.com)
Opko narrows losses Aug 11, 2009
Opko also said the previously undisclosed price of its planned investment in Cocrystal Discovery will be $5 million, for a 16 percent ownership of the private biotech company. led by Opko Chairman and CEO Dr. Phillip Frost, will own 42 percent of Cocrystal. (South Florida Business Journal, FL)
Repsol Seeks Brazilian Oil Revival as Chinese Weigh Buying Argentine Unit Jul 29, 2009
Repsol, the biggest oil producer in Spain, is tripling its planned investment in Brazils offshore Santos Basin, home to the largest oil find in the Americas in three decades, to at least $1. 5 billion in the next three years. (Bloomberg -- Latin America)
GM plans $1bn Brazilian expansion Jul 16, 2009
GM says the planned investment should create about 1,000 jobs. A government tax break which cut the cost of new vehicles in Brazil, led to GM seeing record sales in the country. (BBC News -- Americas)
Pranab may give more tax saving incentives in popular budget Jul 5, 2009
On other hand, the gross budgetary support for the planned investment, a issue jointly decided by the Finance Ministry and the Planning Commission, could be in the range of Rs 335,000 crore, an amount almost equivalent to expected market borrowing ... 85 lakh crore, for planned investment. (India Times)
NYSE Euronext invests in Qatari stock exchange Jun 20, 2009
LONDON: Stock exchange operator NYSE Euronext said Friday it has invested 200 million pounds in a rebranded stock exchange in Qatar, reducing the size of its planned investment in the energy-rich Persian Gulf. NYSE Euronext said that it will pick up a 20 percent stake in a joint venture to rebrand the exchange with the Qatar Investment Authority - instead of the 250 million pounds for a 25 percent stake they had announced a year ago. (The Star Online, Malaysia -- Business)
Sainsbury's targets faster growth Jun 17, 2009
Mr King said he was "still cautious about the economy", but he added that the planned investment would create the chain's "fastest period of growth since the early 1980s". Sainsbury's also announced it had agreed to buy nine stores from the Co-operative Group for 29m. (BBC News -- Business)
Canon revives new plant as camera sales hold firm Jun 5, 2009
The Nikkei business daily reported Canon was likely to scale back its planned investment in the factory by a few billion yen, from a planned 17. 4 billion yen. (Yahoo News -- Technology)
Rio uncertainty hits Yarwun expansion Jun 1, 2009
The move comes amid ongoing debate about Chinalco's planned investment in Rio Tinto. TV ad with Tiananmen images. (Sydney Morning Herald -- Business)
Boosting economic growth May 29, 2009
With strategically planned investment, the SME sector can generate optimum ICOR (incremental capital output ratio) and employment to capital ratio. This sector needs dedicated VCFs, which invest even as little as Rs 2 crore to Rs 50 crore. (India Times)
Realty cos find low-cost housing lucrative: Assocham May 26, 2009
In May 2008, total planned amount stood at Rs 90,219 crore due to credit crunch and high interest rates, the planned investment dipped in November 2008 to Rs 905 crore, Assocham said. Among the states, which attracted domestic investment in the realty sector in the last fiscal were Gujarat, Haryana and Rajasthan 00004000 , the survey said. (India Times)
Emissions trading scheme 'to create jobs boom' May 25, 2009
Nationally, $31 billion in planned investment would lead to 15,000 construction jobs, 2500 permanent jobs and 8600 indirect jobs, the report by the energy consultancy McLennan Magasanik Associates said. John Connor, chief executive of the Climate Institute, said many of these jobs were in regional Australia and they were "just the beginning". (Sydney Morning Herald -- Australia)
Outlook for oil: Bust and boom May 22, 2009
Schlumberger, the biggest, cut its planned investment by 13% this year to $2. 6 billion after its profits fell by 30% in the first quarter. (The Economist)
CPC Is in Talks to Buy China's Cambodia Oil Stake as Ties With Taiwan Warm May 22, 2009
China Mobile Ltd. agreed to buy a stake in Far EasTone Telecommunications Co. in April, the first planned investment by a state-owned mainland company in Taiwan in six decades. China National Offshore has a very good track record in exploration and production, said Charles Chen, who helps manage the equivalent of $3. (Bloomberg -- Asia)
Treasurer faces a whole new world after year of crisis May 11, 2009
An original planned investment of up to $4. 7 billion in a National Broadband Network has been scrapped and replaced with new plans for a glittering $43 billion fibre-to-the-home, private-public partnership. (Sydney Morning Herald -- Australia)
China targets early completion of post-quake rebuilding May 8, 2009
The planned investment totaled about 1 trillion yuan and covered more than 200,000 projects. It included 300 billion yuan of direct investment from the central government, of which 154 billion yuan had been already gone into the rebuilding, Mu said. (Xinhuanet, China)
WA Liberals back Chinalco deal May 4, 2009
The Western Australian Treasurer, Troy Buswell, said yesterday the State Government supported Chinalco's planned investment in Rio. He said it was important for Australia to embrace foreign capital if it wanted to expand its resources sector. (Sydney Morning Herald -- Australia)
Fortescue Says No Signs Chinese Regulators Will Delay Valin's Investment Apr 18, 2009
3 billion ($937 million) planned investment by. We dont see any reasons for disapproval, Chief Executive Officer said today in an interview during the Boao Forum in Chinas Hainan province. (Bloomberg -- Australia & New Zealand)
SGL commissions first phase of RM1bil plant Apr 16, 2009
With a planned investment of over RM1bil, the Banting plant would have an annual capacity of 60,000 tonnes of graphite electrodes and cathodes when fully commissioned in 2011, SGL Carbon Asia-Pacific Sdn Bhd managing director KH Lim said at a press briefing on the commissioning of phase 1A of the project. Meanwhile, Bernama quoted Lim as saying the groups production capacity was currently 220,000 tonnes of graphite electrodes and moving forward, the plant was expected to supply 30% to 40% of... (The Star Online, Malaysia -- Business)
EDITORIAL: Keep Porter County in the RDA Apr 9, 2009
Take the planned investment at the Gary/Chicago International Airport designed to make it a cargo hub for the Chicago area. Doing this will help drive economic development and create added jobs. (Northwest Indiana Times)
Keep the reins loose Apr 4, 2009
"And each time he indulges his personal ideology with such a pronouncement, businesses all over the world cut back on their planned investment until the dust settles. "Most incredible was the fact that he chose the middle of a deep recession to announce a major tax-code overhaul. " Some experts said last fall the best thing the government could do was nothing. So far, the world has seen little evidence they were wrong. From the Saturday, April 04, 2009 edition of the Augusta Chronicle Reader... (The Augusta Chronicle)
BHP Debt Risk Rises After Bond Sale Prompts Concern It's Planning Takeover Apr 3, 2009
BHP may have the opportunity to bid for Rios 30 percent stake in the Escondida copper mine in Chile should Chinalcos planned investment fail, National Australia Bank Ltd. said last week in a report. Rios interest is valued at $6. (Bloomberg -- Australia & New Zealand)
Cash, jobs for NanoCollege Apr 1, 2009
John Kelly, IBM's director of research, said the $1 billion number represents a $200 million incremental increase in its planned investment at the college. "We are committed here in a big way," Kelly said at Monday's event. (Albany Times Union)
OBAMA'S WORST JOBS-KILLER Apr 1, 2009
And each time he indulges his personal ideology with such a pronouncement, businesses all over the world cut back on their planned investment until the dust settles. Most incredible was the fact that he chose the middle of a deep recession to announce a major tax-code overhaul. (New York Post -- Opinions)
Rio Tinto Says Chinalco Investment Gets Clearance From German Regulators Apr 1, 2009
Australias competition regulator this week said it wont oppose the planned investment from Chinalco which includes iron ore and aluminum assets in the country. Chinalco is seeking approval to buy $7. (Bloomberg -- Australia & New Zealand)
Chinalco secures loans, hopes for FIRB nod Mar 28, 2009
The loans will help advance Chinalco's planned investment, which also has to overcome opposition from Rio's shareholders and win approval from Australia's Foreign Investment Review Board ... Australia's competition regulator this week said it won't oppose the planned investment from Chinalco. (Sydney Morning Herald -- Business)
Rio Surges After Saying It Has Alternatives to $19.5 Billion Chinalco Deal Mar 27, 2009
has faced a backlash from shareholders over the planned investment and Australian lawmakers have begun an inquiry. Investors including Legal & General Group Plc, the second- largest institutional shareholder in Rios U.K. shares, have called for an alternative proposal. (Bloomberg -- Australia & New Zealand)
ACCC Won't Oppose Aluminum Corp. of China's Proposed Investment in Rio Mar 25, 2009
Australian lawmakers have begun an inquiry into foreign investment laws amid a backlash from politicians and shareholders over Chinalcos planned investment. The proposal wont influence annual talks to set contract iron ore prices, Rio, the worlds second-largest producer, said yesterday. (Bloomberg -- Australia & New Zealand)
Japan's corporate gloom deepens, land prices drop Mar 24, 2009
Sentiment among top Japanese executives soured to the worst level in at least five years as a collapse in exports battered corporate profits and prompted companies to slash planned investment, the government said. Confidence among large Japanese firms slumped to minus 51. (Sydney Morning Herald -- Business)
Hedge Fund Investors Hire Private Eyes to Sidestep Madoff-Like Fraudsters Mar 23, 2009
whose S4 Capital LLC oversees $2 billion in assets, hired an investigative firm three years ago to look into a hedge fund before making a planned investment. Sury said the probe revealed that the New York-based fund, which had $600 million in client assets, didnt reconcile trades daily as the manager had claimed, reported inconsistent asset values and used an auditor related to its founder. (Bloomberg -- UK)
Rio slumps on Chinalco uncertainty Mar 18, 2009
The planned investment by Chinalco in Rio Tinto will give it stakes in a number assets, including iron ore in Western Australia and increase its interest in the dual-listed miner from 9% to 18. "It is the uncertainty surrounding the Chinalco deal, there has been a bit of talk out today that there is a lot of opposition to the deal and this is what's weighing on it,'' MF Global senior trader Anthony Anderson said. "The FIRB extension and the senate inquiry into foreign investment is adding to the... (Sydney Morning Herald -- Business)
China's exports plummeted 25.7 percent in February from a year earlier, and the imports slumped 24.1 percent as global demand shrank, the General Administration of Customs said on Wednesday.• Urban fixed asset investment up 26.5% in 1st 2 months Mar 11, 2009
Total planned investment in these projects was 743. 7 billion yuan, up 87. (Xinhuanet, China)
Coca-Cola to invest $2 bln in China Mar 6, 2009
Coca-Cola made the announcement as it unveiled the first part of its planned investment: a 90-million-dollar research and development centre in Shanghai, where 600 staff will develop new products. "The Coca-Cola Company will continue to invest another two billion US dollars in the next three years in terms of new plant and distribution infrastructure, sales and marketing, and R and D (research and development)," company president Muhtar Kent said. (Sydney Morning Herald -- World)
Fuel Systems Solutions Reports Fourth Quarter and Year End 2008 Results Mar 6, 2009
Management expects the gross and operating margins to be impacted from the planned investment in the business. As such, the company is targeting 2009 gross margin between 25. (Primezone Releases)
Hyundai Motors to invest $6 bn in '09 Mar 1, 2009
Of the planned investment in 2009, 6 trillion won would be spend on facilities with the remaining 3 trillion won earmarked for research and development, Hyundai said in a statement. Hyundai is considered better positioned than its Japanese and US rivals to weather the global recession thanks to the weaker won currency and a line-up of cheaper cars. (India Times)
A bad week - and there'll be more like it Feb 28, 2009
Mr Blythe noted that this week's unexpectedly strong business capital expenditure numbers for the December quarter, and albeit tamer forecasts for planned investment, were nowhere as weak to justify the government's investment and growth expectations. "If they are too pessimistic, their jobs numbers are as well," Mr Blythe said. (The Age, Australia -- Business)
MeadWestvaco pulls plug onCentennial Campus expansion Feb 27, 2009
The company says it expects its new investment will exceed its original planned investment of $12. 6 million in Wake County by 2007. (Triangle Business Journal)
Poll: New Transit Sought Over New Roads Feb 27, 2009
A well planned investment in transportation will help create more livable and vibrant communities. To accommodate future U.S. population growth, which is expected to increase by 100 million by 2050, Americans favor improving intercity rail and transit, walking and biking over building new highways. (Realtor Magazine Online)
Kuwait oil firm to spend $300m on acquisitions Feb 25, 2009
Al-Fulaij said the planned investment would be fruitful despite declining oil prices. "The oil price was $40 about three years ago. It was OK then. So, it's OK now," he said. (Jakarta Post, Indonesia)
Anglo Suspends Dividend for First Time Since WWII, Eliminates 19,000 Jobs Feb 22, 2009
Anglo has lowered planned investment on projects for this year by half to about $4. 5 billion and plans to spend a similar sum next year. (Bloomberg -- UK)
Total Fourth-Quarter Profit Declines Less Than Estimated to $3.7 Billion Feb 12, 2009
Total said planned investment in 2009 will be $18 billion, three-quarters of which will be earmarked for exploration and production. That compares with $18. (Bloomberg -- Europe)
UMC's Q4 loss widens as utilization sinks Feb 10, 2009
UMC said its total capital expenditures for 2008 amounted to $349 million, lower than the originally planned investment of $400 million to $500 million, due to diminished demand. Planned capital spending in 2009 is not expected to exceed $400 million, the company said. (EETimes)
RI may prefer lead role in oil, gas: Kalla Feb 10, 2009
" "So it is our chance to self-manage our energy resources," he said. The government has hinted that PT Pertamina should consider to take the lead in all oil and gas energy projects in the country. Kalla's statements came as the country has intensified efforts to bolster oil production, which has been on the decline over the past five years due mostly to aging fields. The country's oil production is targeted to reach 960,000 barrels of oil per day this year. To help achieve this, the upstream... (Jakarta Post, Indonesia -- Business)
