Asia Economy news, Markets and Business Trends - Made-in-China.com

Essar Foundation Will Provide Medical Aid to Over 10,000 Heads of Cattle

Dec 28, 2012

Business Line reported that Essar Foundation will provide medical aid to over 10,000 heads of cattle through vaccination camps and public awareness programs in 10 villages surrounding the Vadinar refinery in Jamnagar district of Gujarat. ...

Tags: Essar Foundation, Agriculture, financial loss

$125mn Loss Is Planning to Punjab Textile Sector From Energy Crisis

Dec 28, 2012

APTMA spokesman has said that textile industry in Punjab has incurred production loss of $125 million since disconnection of electricity and gas supply over the last five days. The textile industry in Punjab is losing $25 million a day ...

Tags: APTMA, textile industry, spokesman, energy

A Contract to Provide and Install VND 1.57 Trillion Worth of Equipment

Dec 28, 2012

VNS reported that a contract to provide and install VND 1.57 trillion worth of equipment for the Mong Duong 1 thermal power plant in northern Quang Ninh Province was signed in Ha Noi last Friday. Under the contract between Viet Nam ...

Tags: Hyundai, Power Plant, Vietnam, Machine Installation Corporation

The Net Worth Dropped Almost 55% to INR 185.18 Crore in 2011-12

Dec 28, 2012

Business Standard reported that the Hinduja Group’s foundry arm Hinduja Foundries Ltd is planning to report to the Board for Industrial and Financial Reconstruction due to the erosion of net worth of the company. According to ...

Tags: Hinduja Group, Hinduja Foundries Ltd, India, Financial Reconstruction

Many Units That Had Been Available Since Last Week Particularly

Dec 28, 2012

A noticeable slowing in the number of candidates and actual deals concluded for the week seemed to signal the start of the inevitable slowdown mat will likely characterize the Christmas and New Year period. Indeed, many units that had ...

Tags: India, oil, oil industry, festive period

Indian Economy Is Likely to Grow at 6.3% Next Year

Dec 28, 2012

PTI cited the UK based bank RBS as saying that the Indian economy is likely to grow at 6.3% next year largely due to favorable base effect, while inflation is expected to drop to a comfortable 5.4% level in FY14. RBS Research said that ...

Tags: Indian economy, avorable base effect, inflation, RBS Research

JNPT and DCI Will Raise Around INR 3,500 Crore Through Tax Free Infrastructure Bonds

Dec 28, 2012

Business Line reported that the Jawaharlal Nehru Port Trust, Ennore Port and Dredging Corporation of India will together raise around INR 3,500 crore through tax free infrastructure bonds. Mr PK Sinha Union Shipping Secretary said that ...

Tags: Jawaharlal Nehru Port Trust, Ennore Port, Dredging Corporation of India

Infrastructure Majors Eagers to Partner with Kandla Port Trust for Oil Jetty Development

Dec 28, 2012

Business Standard reported that infrastructure majors like Gammon India, Welspun Infratech and Adani Ports and Special Economic Zone are among some of the players looking to partner with the country's largest port, Kandla Port Trust for ...

Tags: Gammon India, Welspun Infratech, Adani Ports, Special Economic Zone

Mitsubishi Electric Corporation Established a JV Company in India

Dec 28, 2012

Mitsubishi Electric Corporation in December 26th said that it has established a JV company in India to sell,manufacture,install and provide maintenance for elevators and escalators. The new company,Mitsubishi Elevator ETA India Private ...

Tags: Mitsubishi Electric Corporation, JV company

Turkey's Iron and Steel Exports Totaled$831.5 Million,Decreasing by 13.6 Percent

Dec 28, 2012

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute(TUIK)and the Turkish Undersecretariat of Customs,in November this year Turkey's foreign trade deficit increased to$7.16 billion compared ...

Tags: Turkey, steel export, foreign trade deficit, export value, Steel

Money Managers Boosted Net Length in NYMEX Crude for The Reporting Week Ending December 18

Dec 28, 2012

Money managers boosted net length in NYMEX crude for the reporting week ending December 18, as front-month crude futures received a slight boost. The increase in net length came as money managers increased longs by 3,457 lots, while ...

Tags: NYMEX, crude futures, net length, economy

Tata Steel Will Provide Long Term Advances to Its Clients

Dec 28, 2012

Indian steel making company, Tata Steel, has announced initiatives that will provide long term advances to its clients in the lifting and excavating sectors in the UK. The relighting of Blast Furnace No 4 at Port Talbot, a new high ...

Tags: TATA Steel, TATA, Steel, excavating sectors, heavy gauge decoiler

Cross Border Collaboration Could Help The Arab World Maximise Its Gains

Dec 28, 2012

Gulf News reported that cross border collaboration could help the Arab world maximise its gains from energy resources that could be piped and distributed across the region through a regional energy grid as a large number of opportunities ...

Tags: energy, energy resources, regional energy grid, energy sector

SteelGuru Plans to Help Them Remain Updated with Various CAPEX Projects

Dec 28, 2012

SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...

Tags: metal industry, mining industry, Steel Trade, Steel

CHINA's Largest Rare Earths Producer Will Continue to Halt Some of Its Production

Dec 28, 2012

CHINA'S largest rare earths producer announced that it will continue to halt some of its production for a third month to help stabilize tumbling prices. The Inner Mongolia Baotou Steel Rare-earth Hi-tech Co will continue to suspend rare ...

Tags: Rare earth output, CHINA, rare earths producer, rare earths industry