MANILA, PHILIPPINES – The Asia Development Bank (ADB) is helping provide a clearer picture of how much development aid is provided and received around the world by joining AidFlows, in partnership with the World Bank and Organization for Economic Co-operation and Development. The addition of ADB’s data provides an expanded view of the aid picture. [...]

The Central Bank has decided to increase both the Repurchase rate and the Reverse Repurchase rate by 50 basis points each to 7.50 percent and 9.00 percent, respectively for the first time since 2007. The Monetary Board which met Thursday has taken the decision to raise the interest rates to control the high expenditure on [...]

Sri Lanka has begun preparations to host the 2013 Commonwealth Heads of Government Meeting (CHOGM) that will bring the leaders of 54 member countries of the Commonwealth to the island. The External Affairs Minister Prof. G.L. Peiris has proposed setting up of a Task Force Secretariat (TAFS) to handle preparatory work for the CHOGM 2013 [...]

The Cabinet Secretary for Infrastructure and Capital Investment Alex Neil, has outlined his intention to further reform public procurement to improve Scottish businesses’ access to contract opportunities. Mr Neil said: “I have spent a lot of time in recent months engaging with businesses and others who have concerns about public procurement. “The Scottish Government has [...]

Ahead of next week’s stage three debate on the Scottish budget Finance Secretary John Swinney today confirmed that he met with all opposition parties last week and would continue to listen to the views put forward by others to secure the best budget for Scotland. With the debate due on Wednesday and at the end [...]

FY 2011 Q3 February 02, 2012 Earnings Release PDF [360 KB] Webcast HTML Presentation Slides HTML PDF [436 KB] FY 2011 Q2 November 02, 2011 Earnings Release PDF [387 KB] Presentation Slides HTML PDF [428 KB] FY 2011 Q1 July 28, 2011 Earnings Release PDF [373 KB] Presentation Slides HTML PDF [444 KB] FY 2010 [...]

TOKYO, Japan – Sony Corporation has announced the following executive appointments, effective from April 1, 2012. Howard Stringer Director, Representative Corporate Executive Officer, Chairman (Currently, Director, Representative Corporate Executive Officer, Chairman, CEO and President) Kazuo Hirai Representative Corporate Executive Officer, President and CEO (Currently, Representative Corporate Executive Officer, Executive Deputy President, Officer in charge of [...]

Details ? Contents of the transaction: Contract for sharing costs for re-developing the site within Samsung Electronics to construct a research complex. ? Transaction amount: KRW 59.71 billion ? The amount equals to 61.8% of the total costs. The remaining 38.2% will be paid by Samsung Electronics ? Amount to be paid by each affiliate: [...]

Details – Contract amount: KRW 14.66 billion – Scheduled contract date: February 27, 2012 – Transaction property: Samsung Electronics land site in Asan, Chungcheongnam-do (46,054? of land) – Purpose of transaction: To expand Samsung Corning Precision Materials’ manufacturing lines and secure parking lots * The contract amount is subject to changes according to the results [...]

On January 27, 2012, Samsung Electronics announced its 2012 capital expenditure plan of KRW 25 trillion. – Total Capex: KRW 25 trillion • Semiconductors: KRW 15.0 trillion • DP: KRW 6.6 trillion, etc. * The capex plan is subject to change based on market conditions