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It’s a gas: Oz preferred LNG supplier to Asia, US west coast

It's a gas: Oz preferred LNG supplier to Asia, US west coast AUSTRALIA would be the preferred LNG supplier to Asia and the west coast of the United States for at least the next five years, federal Resources Minister Ian Macfarlane said yesterday, ensuring the nation billions of dollars worth of export revenues. Speaking to The Australian on his return from an official visit to the US and Mexico, Mr Macfarlane said the oil and gas industry in the US was "very upbeat" about Australia's prospects of becoming a supplier. "At the price for natural gas current in the US, there is

East Asia meet gives warm fuzzies, but function vague

East Asia meet gives warm fuzzies, but function vague The East Asia Summit meeting Wednesday took the first step toward stronger political and economic cooperation in a region of 3 billion people, but failed to clarify a distinct framework for an "East Asian Community" the participating leaders promised to create. Also left unanswered was how the role of the Association of Southeast Asian Nations plus Three (Japan, China and South Korea) would differ from that of the East Asia Summit. Prime Minister Junichiro Koizumi was upbeat Wednesday about discussions on the matter at future summit meetings. "The unity of the participants

FDI confidence index: The Asia story

FDI confidence index: The Asia story Foreign Direct Investment (FDI) is on the rise again. Overall, Asia is seen as a preferred investment destination globally, driven by the attractiveness of China and India. However, corporate savings overhang and investor pessimism about the global economy could potentially dull the recovery of cross-border corporate investment. Asian countries should study the key learning from the experiences of China and India to competitively attract this rising FDI. Emerging market countries in Asia are among the most attractive FDI locations in the world. In 2005, Asia FDI inflows reached US$156 billion, an unprecedented $49 billion increase

H&Q Asia Pacific Retains MarketcomPR for U.S. Communications

H&Q Asia Pacific Retains MarketcomPR for U.S. Communications MarketcomPR today announced that it has been selected by H&Q Asia Pacific, a leading private equity firm that invests throughout the Asia Pacific region, as lead agency for communications in the U.S. In that role, MarketcomPR will develop communications initiatives to increase awareness of H&Q Asia Pacific among key audiences in the U.S., Europe and the Middle East including potential investors, deal sources, and potential partners. "We are pleased to have the opportunity to work closely with H&Q Asia Pacific in this important effort," said Gregory Miller, President of MarketcomPR. "H&Q Asia Pacific

Novell says head of Asia-Pacific business resigns

Novell says head of Asia-Pacific business resigns Software company Novell (NOVL.O: Quote, Profile, Research) on Thursday said William Hewitt has resigned his position as president of Novell Asia-Pacific for personal reasons. The company said his duties will be temporarily assumed by Rhonda ODonnell, the former president of Novell Asia-Pacific who currently serves as non-executive chair for Novell Asia-Pacific. Hewitt was appointed to the position in March 2006. More : today.reuters.com