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COPYRIGHT 2006 Asia Pulse Pty Ltd
Business in Asia on October 31, 2006. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
CHINA'S GDP TO GROW BY 7.5% ANNUALLY IN NEXT 5 YEARS: GOVT
BEIJING - China's gross domestic product (GDP) is expected to grow by about 7.5 per cent annually in the next five years, said Ma Kai, Minister of the National Development and Reform Commission (NDRC) on Monday. Ma told the World Industrial and Commercial Organizations Forum in Beijing that GDP would reach US$3.2 trillion under the current foreign exchange rate. He said the macro-control policies had started to take effect this year, while the consumer price index (CPI) remained very low.
DUBAI PORTS WORLD EYEING US$722 MLN INDONESIAN PORT PROJECT
JAKARTA - Dubai Ports World of the United Arab Emirates has indicated interest in financing the Rp6.5 trillion (US$722 million) Bojonegoro International Port project in Banten. Syaifuddin, president of state-owned port operator PT Pelabuhan Indonesia, said Dubai Ports is among the investors showing interest in building the Bojonegoro port project. Dubai Ports, the fifth largest port operator in the world, wants to expand operation in Asean, especially Indonesia, and sees good prospects in this region, Syaifuddin said.
PETRONAS, S KOREAN COS TO EXPLORE FOR HYDROCARBONS IN TIMOR SEA...
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