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

Number of Firms and Employees All Have Grown in Taiwan's Export Processing Zones

Dec 27, 2012

Director general of Export Processing Zone Administration (EPZA) W.G. Huang noted that export value, number of firms and employees all have grown in Taiwan’s export processing zones (EPZs), with revenues likely to hit historical high ...

Tags: EPZA, EPZs, Taiwan, revenues

The Annual Growth Rate of M1B Advanced to 3.65%

Dec 27, 2012

With inward remittance of foreign funds boosting the amount of demand deposits at banks, the annual growth rate of M1B, money supply in narrower definition, advanced to 3.65% in November, while M2, money supply in broader definition, ...

Tags: inward remittance, oreign funds, demand deposits, CBC

Iraq Ranks in 11th Place Worldwide for The Amount of Money Flowing out Via Crime

Dec 27, 2012

Iraq ranks in 11th place worldwide for the amount of money flowing out via crime,corruption and tax evasion over the past ten years,according to Global Financial Integrity(GFI),a Washington-based research and advocacy organization. ...

Tags: Iraq, GIF, economy, GDP

National Employment at Year-End Stood at 769.90 Million Persons

Dec 27, 2012

Under the correct leadership of CPC Central Committee and State Council, in accordance with the scientific concept of development and building a harmonious socialist society, by further intensify the work of employment, as well as improving ...

Tags: Social Security Development, Economy, China, Economy Development

CHINA Will Pay CNY 8.6 Billion in Subsidies for Power Generated

Dec 27, 2012

CHINA will pay CNY 8.6 billion (USD 1.4 billion) in subsidies for power generated from renewable sources this year. Chinese ministry of finance said that the funds will be allocated by provincial financial authorities to grid companies ...

Tags: renewable energy, renewable sources, renewable power, solar power

The Stock Exchange Taked No Responsibility for The Contents of This Announcement

Dec 27, 2012

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any ...

Tags: Maanshan Iron, Maanshan, Iron, Steel Company, Steel

Rashtriya Ispat Nigam Limited Decided to Initiate a Slew of Financial Measures

Dec 27, 2012

Press Trust of India reported that Rashtriya Ispat Nigam Limited has decided to initiate a slew of financial restructuring measures and merge a subsidiary with itself for better valuation during disinvestment. Indian steel minister Mr ...

Tags: steel, financial restructuring, financial, reserves

The Sponge Iron Industry Is in Doldrums Owing to Acute Shortage of Iron Ore

Dec 27, 2012

Business Standard reported that the sponge iron industry in Karnataka, which accounts for about 22 % of the state’s total iron and steel industry, is in doldrums owing to acute shortage of iron ore. As per report, while a majority ...

Tags: Iron ore, Iron, ore, steel industry

Railways Is Keen on Raising Passenger Fares Between 5 to 10 Paise Per Kilometer

Dec 27, 2012

PTI reported that faced with mounting deficit of over INR 20,000 crore in the passenger segment, Railways is keen on raising passenger fares between 5 to 10 paise per kilometer in the coming months to generate about INR 4,000 crore revenue. ...

Tags: Railways pitches, Railways, Rail Tariff Authority, passenger fares

Vale Decided to Adhere to The New Legislation on The Value Added Tax

Dec 27, 2012

Vale said that it decided to adhere to the new legislation on the value added tax on services and circulation of goods recently enacted by the Brazilian state of Minas Gerais Law 20.540 and Decree 46.110. Therefore, the existing legal ...

Tags: Vale, ICMS, tax, services

Tehran Times Quoted Mr Mohammad-Reza Farzin Spokesman

Dec 27, 2012

Tehran Times quoted Mr Mohammad-Reza Farzin spokesman of the national economic reform working group’s as saying that some 8 million wealthy Iranians have been identified who are not eligible to receive cash subsidy. Mr Mahmoud ...

Tags: cash subsidy plan, economic reform, cash subsidy, economic surgery

Successful Hot Run Tests Were Carried out on The Converter No 2

Dec 26, 2012

On December 20,successful hot run tests were carried out on the converter No 2,continuous casting machine No.1 and the high speed wire rod line of Chinese steel producer Tianjin No3 Steel Rolling Mill,as announced by China Metallurgical ...

Tags: Tianjin, Energy, Metallurgical Corporation Ltd

Western Sanctions on Iran's Shipping and Energy Sectors Caused Serious Problems

Dec 26, 2012

Reuters cited Mr Rostam Qasemi Oil Minister as saying that western sanctions on Iran's shipping and energy sectors caused serious problems for its oil industry earlier this year but Iran has mostly overcome those challenges. Iranian ...

Tags: Iran, Sanction Challenges, US and European

Fire Safety Is Unsured by Factories Inspected by BGMEA Taskforce

Dec 26, 2012

The taskforce constituted by Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to ensure occupational fire safety compliance in all apparel units of the country, has launched its inspection drive. The task force was ...

Tags: Garment Manufacturers, Garment, fire safety, BGMEA taskforce

Steelhome Website Publishes Monthly Report on China Steel Market

Dec 26, 2012

Steelhome website publishes monthly report on China Steel Market, International Steel Market, HRC/CRC, Construction Steel, Medium Plate, Stainless Steel, Iron Ore, Coke, Scrap and Ferroalloy each month. Summary: I Review on China steel ...

Tags: China Steel Market, International Steel Market