AsiaNet Daily Summary - Press Releases for Monday Dec 1, 2008

ข่าวต่างประเทศ Monday December 1, 2008 17:00 —Asianet Press Release

SYDNEY--1 Dec--AsiaNet/InfoQuest MIURA AGREEMENT... MATSUYAMA, Japan - Miura Co., Ltd. signed two technical cooperation agreements regarding energy saving and environmental protection through the use of the industrial boilers with two Chinese organizations at the "Japan-China Energy Saving, Environmental General Forum" held in Tokyo on November 28. FANNIE MAE... WASHINGTON, D.C.: Fannie Mae will redeem the principal amount of MTN securities issues amounting to a total of US$50 million on December 8, 2008, US$1.2 billion on December 9, 2008 and 250 million on December 10, 2008 at a redemption price equal to 100 per cent of the principal amount redeemed plus accrued interest. http://www.fanniemae.com IPTV BUSINESS CASE... SINGAPORE - Asia-Pacific accounted for about a third of the global IPTV subscriber base last year with over four million IPTV subscribers (as of end-2007). With only eight Asia-Pacific nations presently having commercial IPTV services and many more service providers in trials for expected deployments from 2009 onwards, the IPTV revolution is expected to hit Asia. Even so, operators are still grappling with finding a profitable business model for IPTV offerings. http://www.frost.com DUBAI FILM LITIGATION... LONDON - Dubai Holding's TECOM and other top executive named as co-defendants. The founder of one of the world's leading international film festivals is today launching a major legal action in the UK High Court of Justice against two former senior colleagues who falsely accused him of being a "racist" and an "Arab hater". Neil Stephenson, the former CEO of the Dubai International Film Festival (DIFF) - an event conceptualized and founded by Stephenson in the aftermath of the 9-11 terrorist attacks in order to bring reconciliation between the West and the Islamic world - is suing DIFF Chairman Abdulhamid Juma and Managing Director Shivani Pandya. TASKFORCE RESPONSE... WELLINGTON - The Capital Market Development Taskforce welcomed the positive response that its taskforce members have received to the Interim Report released last week in response to the financial crisis. That Interim Report provided Government with a package of proposed measures that will make it easier and less costly for firms to raise capital. http://www.med.govt.nz/templates MultipageDocumentTOC____39575.aspx GERMAN HIV/AIDS DIAGNOSTICS... GORLITZ, Dec. 1 - "CyFlow" From Partec Expands Leadership in Developing and Emerging Countries German biotech company Partec is expanding its global leadership in specialized HIV monitoring and AIDS patient follow-up diagnostics for developing and emerging countries. In the year 2008, 2.5 million patient tests have been performed with the portable, robust and highly affordable "CyFlow" system, supporting already more than 1 million people living with HIV/AIDS. Due to introduction of the Partec innovation, the average cost of EUR 160 per year and per patient could be reduced by a factor 20 to EUR 8, only. http://www.partec.com ELCOTEQ BEIJING HONORED... HONG KONG - Elcoteq Beijing won a series of awards in the 'Olympics Contribution Competition' organized by the committees of the Beijing Economic and Technological Development Area (BDA). The awards were given for brilliant contribution the company made to engage their people in the Olympic atmosphere and cheerleading activities during the 2008 Olympic Games. http://www.elcoteq.com CHINA RACE... SINGAPORE - China's Teng Ma and Xiao-yan Guo will line up for the second leg of The Greatest Race on Earth 2008/09 (GROE) in Singapore on Sunday 7th December looking to build upon the strong start made by the Chinese men's and women's teams in Nairobi last month. http://www.thegreatestraceonearth.com AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients.

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