Telkomsel and Nokia today announced their collaboration to offer the Nokia Messaging service, which will be commercially available to Telkomsel subscribers from 26 December 2009 onwards.
Telkomsel is the first operator in Indonesia to commercially launch this service which will allow users to enjoy easy access to mobile email on their [...]
Aboriginals receive a greater say in Pilbara mining operations, as Rio Tinto awards iron ore contract that should see increased employment for indigenous Gurama natives.
Rio Tinto (RTP) has awarded a major new mining contract in its Pilbara iron ore operations to a joint venture between native title holders the Eastern Guruma and mining [...]
December 24, 2009 | Posted in
Mining & Materials |
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Vietnam Mobile Telecom selects Alcatel-Lucent solution to enhance and expand Mobifone networks
Alcatel-Lucent (ALU) has been selected by Vietnam’s CMC Telecom Infrastructure Corporation to deliver its gigabit passive optical network (GPON) solution. CMC TI’s GPON project, the country’s first, will enable the delivery of advanced triple play services – including high-speed Internet, [...]
Must China let its exchange rate appreciate to reduce global imbalances? This column says the appropriate yardstick to measure currency undervaluation is based on the Balassa-Samuelson effect. That measure says the renminbi is undervalued by only 12%. A gradual renminbi appreciation will be sustained only if Chinese corporate and public savings [...]
December 17, 2009 | Posted in
Economy |
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As we all live in the present, it is very hard to fully assess the future implications of decisions supported or made by political and business leaders. An extraordinary game of geo-strategy is under way to lock in long-term agreements, notably in the energy sector.
At a global level, the transit routes of future oil [...]
December 16, 2009 | Posted in
Energy |
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While many Western investors remain fixated on somehow acquiring a slice of Turkmenistan’s natural gas riches, despite a recent scandal over the country’s actual reserves, there is another country further east whose energy and mineralogical reserves have been overlooked – Uzbekistan.
While a number of factors are responsible for this oversight, including relative geographical isolation (Uzbekistan, [...]
December 16, 2009 | Posted in
Energy |
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Alvaro Uribe, President of Colombia, has always been a preacher of foreign investment as a fundamental economic policy that would help fuel the country’s growth.
But there is a major reason he wants to promote Colombia as a foreign investment destination so passionately. The Colombian economy shrank 0.5% during the second quarter [...]
December 13, 2009 | Posted in
Economy |
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The start of gas trading activities by the CEGH Gas Exchange of the Vienna Stock Exchange (Wiener Börse) today marks a further step towards positioning the Central European Gas Hub (CEGH) as an important international hub and trading gateway into the CEE area.
The CEGH ranks among the largest gas trading platforms in [...]
December 11, 2009 | Posted in
Energy |
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During a recent trip to France, President Lula da Silva set a standard for next month’s UN climate change conference in Copenhagen.
During a press conference with his French counterpart Nikolas Sarkozy, the two leaders agreed on a plan that calls for reducing global carbon emissions to 50% of 1990 levels over the course [...]
November 19, 2009 | Posted in
Economy |
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The Asian Development Bank is extending $780 million to Pakistan for priority energy efficiency projects that will secure the country’s growing energy needs, whilst reducing reliance on fossil fuels.
The $1.18 billion Energy Efficiency Investment Program underpins Pakistan’s first-ever initiative to make both the pursuit of energy security and low-carbon growth a single strategic priority. The [...]
November 17, 2009 | Posted in
Energy |
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