Latest Asia Business News
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PSO launches Fuel Smart Cards
KARACHI- May 18th, 2013: Striving to provide ever greater value to its customers, Pakistan State Oil (PSO) has reached yet another technological milestone by introducing chip-based Smart Cards. These fuel cards are the first of their kind to be launched by any OMC in Pakistan. The formal launch ceremony was organized under the theme of "Your World Just Got Smarter!" at DHA Golf Club, ...
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France must take deficit cuts seriously Bundesbank chief
France has a special responsibility as a euro zone heavyweight to take deficit reduction rules seriously, even though its budget deficit is above ...
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SP again warns India could face junk status
Betting is illegal in India, but Indians are compulsive gamblers, willing to wager thousands of crores on anything from the outcome of cricket ...
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Toyota is working on a new electric vehicle the i-Road
While the rest of car companies are rather focusing on luxury car with improved engine performance, Toyota decided to come up with an idea out of the box. The auto giant intends to surprise the market with a concept completely new. Something that is not a car nor a bike but reminds of both. It is a design in between. The Toyota i-Road’s power is derived out of a pair of 2 kW electric ...
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Apple chief makes case against Adobe Flash software
Chief Economic Adviser Rajan said the government's "job is not to cater to the rating agencies" but to change the ground realities on which it is ...
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Vasco to offer tech to overcome e-Banking frauds
Vasco Data Security International on Saturday said it plans expansion in India by offering latest technology to overcome e-Banking frauds. "We are leading software security company and we are looking at expanding in India by providing our technology to Indian banks and financial institutions to protect themselves and their customers against the ...
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SBIs overseas business under pressure Chairman
non performing asset (NPA) levels of the country's largest lender in the fourth quarter last fiscal remained low compared to third quarter. "In overseas business, our margins are under pressure. We would like to review what is our ROE (return on equity) in overseas business and what is our ROE in domestic business. Generally my sense is that the domestic business ROE is significantly ...
Taiwan Focus
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Taiwan investing in biotech sector
Taiwan’s economy has seen massive growth in the last few decades, but one industry has been in decline and a development project by the Academia Sinica is expected to reverse that decline, once environmental issues have been cleared up.
Taiwan is one of the Four Asian Tigers; this little island off the coast of mainland China has experienced rapid development in just a few decades and has become a major hub of manufacturing, high-tech industry, shipping and tourism. Read more
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