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Tag: asia
Ambit Microsystem to buy stake in Asia Pacific Telecom
2014-05-27 08:34:00| Telecompaper Headlines
(Telecompaper) Taiwanese telecoms operator Ambit Microsystems has signed a letter of intent to buy over 70.5 percent of the private placement shares of Asia Pacific Telecom, Focus Taiwan reports. Under the agreement, Ambit will buy Asia Pacific's private offering of 582.9 million shares at a price of TWD 20 per unit. The deal is expected to have a total cost of TWD 11.66 billion, according to the report. Earlier this month, Asia Pacific Telecom said it was planning to issue 826.4 million new shares in a private placement to increase its paid-in capital by 25 percent, from TWD 33.056 billion to TWD 42.320 billion. Taiwan Star Cellular, as well as Japanese firm SoftBank were also interested in acquiring a participation in Asia Pacific Telecom. Under the letter of intent, Ambit will be able to purchase the remaining shares at the same price within one year. Asia Pacific Telecom said Ambit is expected to complete the acquisition by 29 June, which will allow the firm to hold an around 14 percent stake in the company, becoming its largest shareholder. Ambit Microsystems is a subsidiary of electronics manufacturer Hon Hai Precision Industry.
Tags: buy
asia
pacific
telecom
Asia readies food security defences against El Nino threat
2014-05-26 19:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Asia's governments are scrambling to head off the potential impact of a weather phenomenon that in the past has driven food prices to levels that sparked social unrest. With lessons learned, Indonesia's government is handing out calendars to farmers setting out early planting dates. Malaysia and the Philippines are working to manage water supplies and India has bolstered its food stockpiles. They are aiming to reduce the impact of the so-called El Nino, a weather pattern that can bring drought...
Tags: food
security
asia
threat
Polyester Intermediate Prices: PTA and MEG in Asia (Weekly Report)
2014-05-26 14:37:15| EmergingTextiles.com
PTA and paraxylene prices further rebounded in the last week in Asia, with June contract nominations following the same trend. Our weekly report covers the polyester chain, including Paraxylene (PX), PTA, MEG, polyester chips, and polyester staple and filament prices. Asian Contract Prices (ACPs) are also available for the PX, PTA and MEG markets in Asia, with 5-year charts and downloadable historical data.
Tags: report
prices
asia
weekly
How will climate change affect livelihoods in South Asia?
2014-05-26 11:36:00| Climate Ark Climate Change & Global Warming Newsfeed
Times of India: How does a warming environment affect rainfall, cropping patterns, livelihoods? What could be the alternatives that people whose livelihoods are hit by the effects of climate change do to cope? An initiative by Britain and Canada seeks to study and tackle the effects of climate change in South Asia, in tandem with TERI and Jadavpur University in India and similar institutes in neighbouring Pakistan and Bangladesh. Canada's International Development Research Centre (IDRC) and the UK's Department...
Tags: change
south
asia
affect
VIDEO: SE Asia 'can continue to grow'
2014-05-26 02:28:53| BBC News | Business | UK Edition
South East Asia is mired in political tensions, either due to domestic upheavals or territorial wrangling. Will these tensions hurt the economies?
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