June 28, 2011
A man paddles his wooden boat nearby the Bataan Nuclear Power plant in Morong town. In a fresh but ambiguous take on ecotourism, travelers in the Philippines can visit a remote turtle sanctuary and then venture into the heart of a nearby nuclear power plant. If tourists feel too weary to make the three-hour bus [...]
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January 28, 2010
The Federal Reserve said on Wednesday decided to keep a key interest rate unchanged at a record low of between zero to 0.25 percent to prop up the economy. SIGNS OF ECONOMIC IMPROVEMENTInformation received recently “suggested that economic activity has continued to strengthen and that the deterioration in the labor market is abating,” the Fed [...]
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January 23, 2010
LookAtVietnam – Global investors have registered to purchase more than one billion dollars worth of Vietnam Government bonds. Thoi Bao Kinh Te Vietnam newspaper has quoted its own sources as saying that the volume of bonds global investors have registered to purchase has exceeded one billion dollars which is the amount Vietnam has up for [...]
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December 31, 2009
The U.S. government announced on Wednesday that it will provide 3.8 billion dollars of new capital to help ailing auto and mortgage giant GMAC. The U.S. flag flies at the Burt GM auto dealer in Denver June 1, 2009. (Xinhua/Reuters, File Photo)“Treasury will commit 3.8 billion dollars of new capital to GMAC rather than the 5.6 [...]
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December 16, 2009
LookAtVietnam – Export companies are gearing up their production shifts to fulfil export orders for 2009. However, keeping busy makes them happy. Rice export record made in 2009Vietnam expects to export six million tonnes of rice this year, the highest ever. Workers at the Minh Phu Seafood Company are very busy these days making their [...]
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December 16, 2009
U.S. Senate passed on Sunday a 1.1-trillion-U.S. dollars spending package for fiscal year 2010, except for the Defense Department. The Democratic-controlled Senate approved the bill at a vote of57-35. The year-end package that covers about half of all federal programs, now goes to President Barack Obama for his signature. The 1,000-plus-page bill brings together six [...]
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December 16, 2009
The Abu Dhabi government has agreed to fund 10 billion U.S. dollars to Dubai to meet upcoming obligations on the state-owned conglomerate Dubai World. Investors look at stock exchange information at the Dubai Financial Market December 14, 2009. Abu Dhabi stepped in to help fellow United Arab Emirates member Dubai with a $10 billion (6.1 [...]
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December 16, 2009
Wall Street refreshed the highs of 2009 on Monday as Abu Dhabi provided a 10-billion-U.S.-dollar bailout to Dubai while Exxon Mobil is to acquire XTO Energy for 31 billion dollars. Exxon Mobil CEO Rex W. Tillerson addresses reporters at a news conference at the conclusion of the Exxon Mobil Shareholders Meeting in Dallas, Texas May [...]
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December 15, 2009
LookAtVietnam – The locally made proportion of garments will likely reach 42-43 percent this year, higher than the previous year’s 37 percent. According to Le Tien Truong, Deputy General Director of the Vietnam Textile and Garment Group (Vinatex), by the end of November Vietnam had exported 8.2 billion dollars worth of garment products. It was [...]
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December 4, 2009
LookAtVietnam – Standard Chartered Bank predicts foreign capital inflow into Vietnam will increase significantly despite an export growth slowdown. The bank’s team believes domestic consumption will still be the driving force of Vietnam’s economy in 2010. The Government of Vietnam will strengthen investments in infrastructure in 2010 in order to boost economic development. However, Standard [...]
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