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

The State Government Paid Over INR 69.36 Lakh From The State Exchequer to Lawyers

Dec 27, 2012

Times of India reported that the state government paid over INR 69.36 lakh from the state exchequer to lawyers in the last four years to fight cases of steel and mines department pending in courts. Mr Rajanikanta Singh minister of ...

Tags: India, steel, mines, Indian economy

The Indian Consortium Is Back From Another Round of Discussion for Acquiring Mining Rights

Dec 27, 2012

Economic Times reported that the Indian consortium is back from another round of discussion for acquiring mining rights to the 1.8 billion tonne of iron ore reserves in Afghanistan, as the possible deal reaches a critical stage. A ...

Tags: Indian consortium, India, mining rights, mining

Bulgaria Has Pledged to Open an Embassy in Iraq in January

Dec 27, 2012

By John Lee. Bulgaria has pledged to open an embassy in Iraq in January, according to a report from Novinite. In an interview for the Bulgarian National Radio,senior Iraqi parlamentarian Humam Hamoudi said that Iraq and Bulgaria need to ...

Tags: Bulgaria, Iraq, bilateral relations, economy

BGMEA Is Looking for Separate 'Ministry of Apparel'

Dec 27, 2012

Bangladesh Garments Manufacturers and Exporters Association (BGMEA) wants a separate ‘Ministry of Apparel’ in the Bangladesh Government that is exclusively dedicated to the country’s readymade garment (RMG) sector. A ...

Tags: Apparel, Garments Manufacturers, garment sector, garment industry

a Verbal Duel Premises Snowballed Into an Ugly Stone Versus Bullet War

Dec 27, 2012

The Telegraph reported that a verbal duel between TATA Steel security guards and contract workers over taking bicycles inside company premises snowballed into an ugly stone versus bullet war, triggering rampage and arson and leaving nine ...

Tags: TATA Steel plant, TATA Steel, Steel, Jamshedpur

ZHUSHUI 8 Was Sold for USD 365/LT LDT Into South China

Dec 27, 2012

With prices once again pushing on to Indian sub-continent levels, it was no surprise to see the Chinese market snap up one or two vessels positioned in the area and from local owners. The Danish built panamax bulker ZHUSHUI 8 (12,250 ...

Tags: India, Chinese market, ship, price

A Decline in Oil and Gas Output Was Now Expected to Be Less Than Originally Thought

Dec 27, 2012

Qatar on December 23rd Sunday lifted its forecasts for economic growth and inflation next year, saying that a decline in oil and gas output was now expected to be less than originally thought. The General Secretariat for Development ...

Tags: Qatar, economic growth, inflation, oil, gas output

Aperam Is a Global Player in Stainless,Electrical and Specialty Steel

Dec 27, 2012

Aperam announced its financial calendar for 2013. Earnings calendar 4 February 2013-earnings for 4th quarter 2012 and 12 months 2012 7 May 2013-earnings for 1st quarter 2013 31 July 2013-earnings for 2nd quarter 2013 and 6 ...

Tags: Financial, Calendar, Aperam

The Average Nickel Prices Rose to US$7.73/Lb.From US$7.38/Lb.

Dec 27, 2012

Nippon Steel&Sumikin Stainless the largest stainless producer in Japan announced to raise the prices for austenitic rod by JPY 10,000 per tonne for December to February contracts,in order to reflect higher nickel prices. The firm ...

Tags: Austenitic Rod, Prices, Nippon Steel

PDIC Would Help Enhance Payment Operations for Deposit Insurance Claims

Dec 27, 2012

The Philippine Deposit Insurance Corporation (PDIC) has entered into a memorandum of agreement with the Land Bank of the Philippines (LBP) in a bid to help enhance payment operations for deposit insurance claims. As part of the agreement, ...

Tags: PDIC, memorandum of agreement, LBP, payment operations, deposit insurance

The Buck Finally Stopped on The Eve of New Year in China

Dec 27, 2012

After a month long rally of 17%culminating in the highest level in the last 5 months the buck finally stopped on the eve of New Year in China.Propped on sound macro economic parameters steel production picked up.Steel consumption has shown ...

Tags: Mineral, Metallurgy, Iron Ore Price

Gujarat Mineral Development Corporation Will Set up a Global Centre on Mining Safety

Dec 27, 2012

PTI reported that state public sector unit Gujarat Mineral Development Corporation will set up a global centre on mining safety and automation in Gujarat. The centre which is likely to be established on a public private partnership ...

Tags: Automation, Global Centre, Development Corporation

Indian Markets Have Received 5.86mn Cotton Bales-CCI

Dec 27, 2012

Cotton Corporation of India (CCI) has started procurement of Kappas from Madhya Pradesh, Orissa and Karnataka in addition to Andhra Pradesh where they have already procured approximately 7 lakh bales of 170 kgs bls. As per reports, they ...

Tags: CCI, India, Cotton Bales, Cotton

China's Fledgling Auto Finance Market Will More Than Triple to CNY 1 Trillion

Dec 27, 2012

The 2012 China Auto Finance Report forecasts.that China's fledgling auto finance market will more than triple to CNY 1 trillion (USD 160.4 billion) over the next decade on a rise in younger consumers. By the end of last year CNY 300 ...

Tags: 2012 China Auto Finance Report, auto finance market, auto industry, auto

Cotton Prices Are Cared About by Pakistan Ginners

Dec 27, 2012

Pakistan ginners are concerned over the recent dip in cotton prices, mainly due to the ongoing festival season holidays, says Mr. Mahesh Kumar, Chairman of Pakistan Cotton Ginners Association (PCGA). In a conversation with fibre2fashion, ...

Tags: Pakistan ginners, recent dip, cotton prices, PCGA