Asia Business

Philippines: SMI renews bid for $5.9bn mining project

By Wed, Aug 20, 2014 1:14PM UTC Philippines: SMI renews bid for $5.9bn mining project

Despite government failure to address policy issues in the mining industry, Sagittarius Mines Inc (SMI) is still hopeful it will get the necessary permits and clearances needed to pursue its stalled Tampakan Copper and Gold Project. It is poised to conduct more rounds of consultations with stakeholders, including obtaining the

Philippines businesses seek clear policies ahead of ASEAN integration

By Wed, Aug 20, 2014 10:11AM UTC ASEAN memebrs Philippines and Thailand are two of the worlds top canned tuna producers.Pic by Edwin Espejo

GENERAL SANTOS CITY, Philippines – Businessmen from all over Mindanao are seeking clear cut government policies on five major agenda as the country prepares for economic integration under the ASEAN Economic Community (AEC) in 2015.

Aussie miner lawmaker Clive Palmer criticized for China tirade

By Tue, Aug 19, 2014 2:13PM UTC Clive Palmer. Pic: AP.

CANBERRA, Australia (AP) — A larger-than-life Australian mining magnate turned lawmaker Clive Palmer has been widely accused of threatening Australia’s relationship with its biggest trading partner through an extraordinary tirade against China.

The Thai junta’s 2015 draft budget, explained in 4 graphs

By Tue, Aug 19, 2014 10:00AM UTC The Thai junta’s 2015 draft budget, explained in 4 graphs

Thailand’s National Legislative Assembly (NLA) approved the draft for the 2015 budget in its first reading on Monday. The body, whose members were all picked by the military junta and is thus dominated by active and retired military officers, rubber-stamped the budget bill with 183 votes and three abstentions (assumed to be the assembly president and his two deputies).

HK economy slows as China tourists spend less

By Sat, Aug 16, 2014 3:05PM UTC Pic: AP.

HONG KONG (AP) — Hong Kong cut its forecast for the economy after quarterly growth fell to its lowest in two years on a sharp drop in spending by Chinese tourists.

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