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Vietnam Airlines seat occupancy at record high| glObserver Global Economics

Vietnam Airlines seat occupancy at record high| glObserver Global Economics | glObserver Asia | Scoop.it
National carrier Vietnam Airlines earned 533 billion dong ($25.3 million) in gross profit last year, beating its own annual target by 34 % as seat occupancy reached a record high, the airline said in a statement on Friday.
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glObserver Asia
glObserver provides the latest Asia business news, finance, economic and data news,
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Nigeria’s property market matures| glObserver Global Economics

Nigeria’s property market matures| glObserver Global Economics | glObserver Asia | Scoop.it
Due in part to a large housing deficit, request for residences in Nigeria looks set to remain strong, putting the real estate sector on course for a period of sustained increase. According to a January 2015 statement by CBO Capital, the sector was valued at N6.4trn ($39bn) and growing at 10% a year.
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According to a January 2015 statement by CBO Capital, the sector was valued at N6.4trn ($39bn) and growing at 10% a year. Even though local and foreign developers have carried out a large number of projects in recent years, in most segments request has outpaced delivery.

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China’s Tianjin Airlines buys 22 aircraft from Brazil’s Embraer| glObserver Global Economics

China’s Tianjin Airlines buys 22 aircraft from Brazil’s Embraer| glObserver Global Economics | glObserver Asia | Scoop.it
Brazilian aeronautical company Embraer will supply 22 jet aircraft to Tianjin Airlines, of China, a subsidiary of the HNA Group, under a final arrangement signed Tuesday, the company said in a statement.
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Brazilian aeronautical company Embraer will supply 22 jet aircraft to Tianjin Airlines, of China, a subsidiary of the HNA Group, under a final arrangement signed Tuesday, the company said in a statement.

This arrangement, worth US$1.1 billion, includes 20 E195 aircraft and two E190-E2, which makes the HNA Tianjin Airlines group the initial Chinese airline to purchase E2 E-Jets aircraft.

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Brazil and China sign 35 cooperation agreements| glObserver Global Economics

Brazil and China sign 35 cooperation agreements| glObserver Global Economics | glObserver Asia | Scoop.it

 

Brazil and China Tuesday in Brasilia signed 35 cooperation agreements in eight sectors involving investments of US$53 billion, during an official visit of the Chinese Prime Minister Li Keqiang, according to the Brazilian press.

 

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Brazil and China Tuesday in Brasilia signed 35 cooperation agreements in eight sectors involving investments of US$53 billion, during an official visit of the Chinese Prime Minister Li Keqiang, according to the Brazilian press.

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Turkmenistan launches 1st communications satellite into orbit | glObserver Global Economics

Turkmenistan launches 1st communications satellite into orbit | glObserver Global Economics | glObserver Asia | Scoop.it
The initial communications satellite of Turkmenistan “TurkmenAlem 52°E” has been successfully launched on the orbital position of 52 degrees east longitude at an altitude of 36,000 kilometers above the Earth, the government reported.
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Uzbekistan boosts protection of private sector | glObserver Global Economics

Uzbekistan boosts protection of private sector | glObserver Global Economics | glObserver Asia | Scoop.it
Uzbek President Islam Karimov approved the program of measures to ensure the reliable protection of private property, small business and private entrepreneurship.
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The measures envisaged by the decree (“On measures to ensure reliable protection of private property, small business and private entrepreneurship, the removal of barriers to their rapid development”), released May 16 in the Uzbek media, since July 1, 2015 establishes a single procedure and frequency of scheduled inspections of micro, small businesses and farms.
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Indonesia and Singapore have agreed to improve relations in trade and investment in the maritime sector| glObserver Global Economics

Indonesia and Singapore have agreed to improve relations in trade and investment in the maritime sector| glObserver Global Economics | glObserver Asia | Scoop.it
Indonesia and Singapore have agreed to improve relations in trade and investment in the maritime sector, highlighting five significant issues in the agreement. The agreement was reached next Coordinating Maritime Minister Indroyono Soesilo met Singaporean Trade and Industry Minister Lim Hng Kiang in Singapore on Friday.
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“Indonesia as well offers investment opportunities in power plants, smelters and other things,” he added.

Minister Lim, meanwhile, said that Singapore was ready to explore the opportunities and had offered cooperation and investment in the development of Dumai Port in Riau, which could serve the palm oil industry in Sumatra.

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How to heat up lukewarm India–China relations| glObserver Global Economics

How to heat up lukewarm India–China relations| glObserver Global Economics | glObserver Asia | Scoop.it
The relationship between China and India will be one of the majority significant of this century. Their ability to cooperate will be crucial on international issues ranging from climate change to multilateral trade negotiations.
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India’s increasingly prominent world role — particularly through the BRICS group and the G20 — has given it a additional critical spot on Beijing’s geopolitical map. And the nations have as well found common ground in a weariness of Western-dominated international institutions, with India featuring prominently in China’s efforts to build alternatives, such as the Asian Infrastructure Investment Bank, the BRICS Bank, and the Shanghai Cooperation Organization.

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The financial and political crises of 1998 brought about significant changes in Indonesia’s corporate landscape. | glObserver Global Economics

The financial and political crises of 1998 brought about significant changes in Indonesia’s corporate landscape. | glObserver Global Economics | glObserver Asia | Scoop.it
The financial and political crises of 1998 brought about significant changes in Indonesia’s corporate landscape. The proportion of Indonesian firms with political connections remains relatively high but is declining, as modes of political engagement are becoming increasingly varied.
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Australian foreign aid cuts would hit Indonesia deepest | glObserver Global Economics

Australian foreign aid cuts would hit Indonesia deepest | glObserver Global Economics | glObserver Asia | Scoop.it
Indonesia will suffer the deepest cut from Australia's plans to slash foreign aid by almost 20 % in the next fiscal year.
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Indonesia will suffer the deepest cut from Australia's plans to slash foreign aid by almost 20 % in the next fiscal year.

Two weeks next recalling the ambassador from Jakarta in turmoil at the executions of two Australian drug traffickers, the government announced Tuesday it plans to cut Indonesian aid by 40 % from 543 million Australian dollars ($428 million) to AU$323 million. Australia wants to cut its aid budget to AU$4.1 billion next year.

Aid to other East Asian nations Vietnam, Philippines and Myanmar would b

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Emergency preparedness pays off as Kathmandu hospitals respond to earthquakes: WHO | glObserver Global Economics

Emergency preparedness pays off as Kathmandu hospitals respond to earthquakes: WHO | glObserver Global Economics | glObserver Asia | Scoop.it
The WHO says the earthquakes and continuing aftershocks in Nepal have highlighted the importance of efforts the UN body and the Nepalese Health and People Ministry have had in place for additional than a decade to ensure key hospitals, health facilities and health workers would be ready and able to function well in an emergency or natural disaster.
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WHO says the initial earthquake on April 25 measuring 7.8 on the Richter scale and the second quake measuring 7.3 on the Richter scale on Tuesday failed to disrupt services at Kathmandu’s major public hospitals, Tribhuvan University Teaching Hospital (TUTH), Patan Hospital, Civil Service Hospital, Birendra Army Hospital and the trauma center at Bir Hospital. As of today, additional than 8,200 people are reported to have been killed in the earthquakes and over 19,000 injured.

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China’s services sector grew at its fastest pace this year in April | glObserver Global Economics

China’s services sector grew at its fastest pace this year in April | glObserver Global Economics | glObserver Asia | Scoop.it
China’s services sector grew at its fastest pace this year in April as a sizzling stock market rally helped boost consumer confidence and spending, a private survey showed on Wednesday.
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Old companies thrive in brand-loyal Japan adapting to times | glObserver Global Economics

Old companies thrive in brand-loyal Japan adapting to times | glObserver Global Economics | glObserver Asia | Scoop.it
Successful businesses shine for a few years, again nimbler competitors outwit them in a constant cycle that spans being feted to forgotten in less than a generation. But Japan has something different: thousands of companies that have prospered for centuries. Japan has additional old companies than any other developed country.
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Mineral-rich Mongolia grapples with ‘resource curse’| glObserver Global Economics

Chanting prayers to Tenger, the all-knowing holy sky, Mongolian shamans in fur and feather headdresses protested against a Canadian mining project they say threatens ancient grave sites.
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中国天津航空采购22架巴航工业客机| glObserver Global Economics

中国天津航空采购22架巴航工业客机| glObserver Global Economics | glObserver Asia | Scoop.it

 

中国天津航空公司发布公告称,根据周二签订的最后协议,巴西航空工业公司(“巴航工业”)将向公司提供22架客机。天津航空是中国海航集团旗下公司。 天津航空采购的这批客机总值11亿美元,包含20架E195、两架E190-E2,是首家使用E2客机的中国航企。 根据合约,首架E195将于2015年交付,而首架E190-E2则于2018年交付。天津航空是亚洲拥有巴航工业客机阵容最大(共有50架)的航空公司。 天津航空也是首家引进E190客机的中国航企、首家获巴航工业授予“认同服务中心”的中国航企。该公司最近公布,已与巴航工业签约,订购后者的AHEAD-PRO(飞机解析诊断系统),成为中国首家引进该系统的中国航企。

 

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中国天津航空公司发布公告称,根据周二签订的最后协议,巴西航空工业公司(“巴航工业”)将向公司提供22架客机。天津航空是中 国海航集团旗下公司。 天津航空采购的这批客机总值11亿美元,包含20架E195、两架E190-E2,是首家使用E2客机的中国航企。 根据合约,首架E195将于2015年交付,而首架E190-E2则于2018年交付。天津航空是亚洲拥有巴航工业客机阵容最大(共有50架)的航空公 司。 天津航空也是首家引进E190客机的中国航企、首家获巴航工业授予“认同服务中心”的中国航企。该公司最近公布,已与巴航工业签约,订购后者的 AHEAD-PRO(飞机解析诊断系统),成为中国首家引进该系统的中国航企。

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巴西和中国签署35项合作协议| glObserver Global Economics

巴西和中国签署35项合作协议| glObserver Global Economics | glObserver Asia | Scoop.it
巴西媒体报道,中国总理李克强进行正式访问期间,周二巴西和中国在巴西利亚签署了八大行业中的35项合作协议,涉及530亿美元投资金额。 与石油公司Petrobras中国就签署了三份合作协议,涉及至少70亿美元。总统迪尔玛·罗塞夫和中国总理早些时候总统府会晤后参加了签字仪式。 与Petrobras签署的三项协议中之一由该石油公司主席Aldemir Bendine中国国家开发银行董事长胡怀邦签署,总价值50亿美元。另一项协议由Bendine与中国进出口银行主席签署,价值20亿美元。 两国签署的35项协议中另一项值得一提的协议涉及一条横贯大陆的铁路项意图可行性研究,该项意图目的是建立一条铁路连接巴西和秘鲁,连接大西洋和太平洋。
Michael Malka's insight:

巴西媒体报道,中国总理李克强进行正式访问期间,周二巴西和中国在巴西利亚签署了八大行业中的35项合作协议,涉及530亿美元投资金额。

与石油公司Petrobras中国就签署了三份合作协议,涉及至少70亿美元。总统迪尔玛·罗塞夫和中国总理早些时候总统府会晤后参加了签字仪式。

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澳门和湖北联手利用葡语国家机会| glObserver Global Economics

澳门和湖北联手利用葡语国家机会| glObserver Global Economics | glObserver Asia | Scoop.it
周一开始访问武汉市的澳门行政长官崔世安说,澳门和中国湖北省可能共同开发葡语国家市场。 澳门特区政府新闻局称,崔世安随澳门特区政府代表团访问湖北省会,参加第九届中博会开幕仪式。 在周一与中共湖北省委书记李鸿忠召开的会议上,澳门行政长官强调两地在葡语国家方面合作的重要性,鉴于澳门在中央政府的受权下,过去10年一直是中国与这些国家之间的贸易服务平台。 李鸿忠接着说,湖北热切期望利用澳门的平台优势,进入并刺激葡语国家的经贸市场。他谈到,湖北省需要进行海外投资,他表示希翼这将是以后两地合作的重点,他又希翼湖北可通过澳门平台发展对外合作。 崔世安说,在这方面,他希翼今年(最迟明年),制订一个联合行动计划,从而使双方可以促进葡语市场的发展。
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Uzbekistan boosts protection of private sector | glObserver Global Economics

Uzbekistan boosts protection of private sector | glObserver Global Economics | glObserver Asia | Scoop.it
Uzbek President Islam Karimov approved the program of measures to ensure the reliable protection of private property, small business and private entrepreneurship.
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Myanmar 'unlikely to attend' migrant crisis meeting: president's office | glObserver Global Economics

Myanmar 'unlikely to attend' migrant crisis meeting: president's office | glObserver Global Economics | glObserver Asia | Scoop.it
Myanmar may snub a regional conference hosted by Thailand later this month aimed at easing the current Bay of Bengal migrant crisis, the president's office said Friday.
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Hundreds of boat people have arrived on Thai, Malaysian and Indonesian soil since May 1, at the same time as the discovery of mass graves believed to belong to Bangladeshi and Myanmar migrants in southern Thailand prompted a crackdown on trafficking and smugglers to abandon their cargo.

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Investments in Uzbek oil and gas market to hit $18.65 million | glObserver Global Economics

Investments in Uzbek oil and gas market to hit $18.65 million | glObserver Global Economics | glObserver Asia | Scoop.it
Uzbekistan's national oil and gas company, Uzbekneftegaz plans to invest an estimated $18.65 billion in the development of the country's oil and gas industry.
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"The investment will be placed under the national program on modernization, technical and technological renovation of the oil and gas industry," Shokir Faizullaev, chairman of Uzbekneftegas, said at the 19th Uzbekistan Oil and Gas three-day international conference, which started in Tashkent on May 12.

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China has pledged US$40 billion for its ‘New Silk Road Fund’ to strengthen transport networks in and between its neighbours| glObserver Global Economics

China has pledged US$40 billion for its ‘New Silk Road Fund’ to strengthen transport networks in and between its neighbours| glObserver Global Economics | glObserver Asia | Scoop.it
The governments and people of Southeast Asia must develop a strong sense of ownership and control over infrastructure projects as China increasingly directs its investments towards the region’s infrastructure. A Chinese clerk counts RMB (renminbi) yuan banknotes at a branch of China Construction Bank, 15 February 2015.
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China has pledged US$40 billion for its ‘New Silk Road Fund’ to strengthen transport networks in and between its neighbours. The Silk Road Economic Belt aims to connect China with Europe via Central Asia by land, while the 21st Century Maritime Silk Road will facilitate the development of seaports and maritime connectivity in Southeast Asia and beyond.

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Real estate accounted for 90% of South Korea's national wealth in 2013| glObserver Global Economics

Real estate accounted for 90% of South Korea's national wealth in 2013| glObserver Global Economics | glObserver Asia | Scoop.it
Real estate assets accounted for almost 90% of South Korea's national wealth in 2013, according to official statistics. As of the end of 2013, the country had a net wealth of 11,039tn won (£6.4tn, €9.0tn, $10.1tn), up 3.5% from 2012, according to data released by the Bank of Korea and Statistics Korea.
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Vice President Jusuf Kalla left for London on Tuesday night to meet with the deputy prime ministe | glObserver Global Economics

Vice President Jusuf Kalla left for London on Tuesday night to meet with the deputy prime ministe | glObserver Global Economics | glObserver Asia | Scoop.it
Vice President Jusuf Kalla left for London on Tuesday night to meet with the deputy prime minister, Prince Andrew and several businessmen. Kalla is set to meet with representatives of Olam, Jardines, and Bank Standard Chartered and attend a conference of the Federation of Cocoa Commerce (FCC).
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Kalla is set to meet with representatives of Olam, Jardines, and Bank Standard Chartered and attend a conference of the Federation of Cocoa Commerce (FCC).

He will as well visit the Indonesia Pavilion at the Asia Festival in London, according

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New Zealand bank moves to cool Auckland property market| glObserver Global Economics

New Zealand bank moves to cool Auckland property market| glObserver Global Economics | glObserver Asia | Scoop.it
New Zealand's central bank on Wednesday announced measures to cool Auckland's red-hot property market, saying a potential real-estate bubble posed a significant risk to the economy.
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If IIM bill promotes centralization, it’s bad news: Ashish Nanda| glObserver Global Economics

If IIM bill promotes centralization, it’s bad news: Ashish Nanda| glObserver Global Economics | glObserver Asia | Scoop.it
if the proposed bill on Indian Institutes of Management (IIM) is used to bring about centralization of key processes, it would be bad news for these institutions and their autonomy, believes Ashish Nanda, director of IIM Ahmedabad (IIMA) India’s best-known business school.
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Old companies thrive in brand-loyal Japan adapting to times | glObserver Global Economics

Old companies thrive in brand-loyal Japan adapting to times | glObserver Global Economics | glObserver Asia | Scoop.it
Successful businesses shine for a few years, again nimbler competitors outwit them in a constant cycle that spans being feted to forgotten in less than a generation. But Japan has something different: thousands of companies that have prospered for centuries. Japan has additional old companies than any other developed country.
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