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Southeast Asia, Business Timeline Thursday, July 24     Author
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  U.N. chief: focus now reconstruction

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Southeast Asia, Business Timeline Legend  
 Oil  Food  Trade  Aviation Business  Macroeconomics

Oil prices reach new record high


July 2008 ... more > Top ^

Jul. 2  
  Singapore: The price of oil has continued its surge upwards, $145 a barrel in trading. Global oil prices have doubled in the past year



May 2008 ... more > Top ^

May.21
  Myanmar: Ban Ki-moon: Asian nations are beginning to focus on the reconstruction needs of Myanmar, devastated by Cyclone Nargis
May.1 U.S. broadens Myanmar sanctions   Washington: Bush froze the assets of state-owned companies in Myanmar propping up the military junta, which is suppressing pro-democracy dissidents

April 2008 ... more > Top ^

Apr.24   Report ties U.S. retailers to sweatshop
  USA: Several leading retailers received shrimp from plants in Thailand and Bangladesh where workers as young as 8 are subject to sweatshop conditions

March 2008 ... more > Top ^

Mar.27   Asia faces a rice supply crisis
  Philippines: Aid agencies across Asia worry how they will feed the hungry. Philippine activists warn about possible riots

January 2008 ... more > Top ^

Jan.2 Singapore Airline bid hits trouble
   Hong Kong: The bid to buy a 24% stake in China Eastern Airlines for US$923.8 million appeared in trouble after a major shareholder criticized the deal


year 2007 Top ^

Dec.9     U.S., EU push green trade
  Bali: A joint U.S.-EU proposal to liberalize trade in green goods and services would boost the availability of technology to battle global warming Nov.21     Oil nudges $99 a barrel
  Singapore: The declining dollar and speculation that the U.S. Federal Reserve will again cut interest rates also boosted prices
 Crude prices rose above a record $99 as worries about inadequate winter supplies in the Northern Hemisphere. Investors put their money into oil contracts, betting that gains will offset dollar weakness
Oct.24     A380 makes first passenger flight   Singapore: The world's largest passenger plane has taken off on its first commercial flight, from Singapore to Sydney Oct.17   Oil falls from record high  Singapore: The prices have fallen in Asia from a trading record of over $88 a barrel amid expectations that a U.S. crude and gasoline stocks rose Oct.16   Oil prices rise to intraday record  The prices rose to new intraday highs in Asia on fears Turkey will pursue Kurdish rebels into Iraq and disrupt oil supplies in the region Oct.15 Japan adds to pressure on Burma
  Japan is halting $5.5m in funding for a human resources center as economic pressure builds on the military government there Sep.29 Oil companies keep up Myanmar ties  Indian Oil Minister Deora was in Myanmar's capital for the signing of oil and gas exploration contracts Jun.28   EU bans all Indonesian airlines  European Union: All Indonesian airlines including national carrier Garuda will be banned from flying to the EU within a week Shanghai Composite index sank 8.8%

year 2006 Top ^

Nov.19   Bush praises Vietnam's economic growth  The President paid tribute to new symbols of capitalism and offered encouragement for the battle against bird flu   Bush welcomes bringing Russia into WTO  Vietnam: Bush was greeted by friendly crowds as he arrived in Ho Chi Minh City Nov.18 APEC vows to salvage trade talks
  Vietnam: Leaders were expected to wrap up a Pacific Rim summit with a pledge to kick-start stalled global trade talks
 The Asia-Pacific Economic Cooperation forum made a call for North Korea to take concrete steps to give up its nuclear weapons program. The leaders demanded salvage the Doha round of WTO talks
Mar.8     E Timor 'poor and getting poorer'  East Timor: UN: East Timor remains the poorest country in South East Asia. There are few employment prospects Feb.15 Mine giant settles pollution case  USA: Newmont has agreed to pay Indonesia $30m in an out-of-court settlement over a pollution in North Sulawesi

year 2005 Top ^

Nov.2 World Bank warns of bird flu cost Sep.30 Clashes over fuel hike
  Indonesia: The government has more than doubled the average price of fuel, despite angry protests by demonstrators Jan.12   Creditors back tsunami debt relief   France: The Paris Club of 19 creditor nations has agreed to a moratorium on debt repayment by Indonesia and Sri Lanka

year 2003 Top ^

Oct.7 ASEAN to form EU-style trade bloc
. Indonesia Jan.25 Virus-like attack hits web traffic   South Korea: An attack by fast-spreading malicious code shut down South Korea and Thailand internet services for hours

year 2002 Top ^

Jul.8 $36 million AIDS vaccine trial  USA: 16,000 HIV-negative volunteers will participate in the 5-year study, to be co-sponsored by U.S. and Thailand

Southeast Asia, BusinessMajor Events in 21st Century

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World Bank warns of bird flu cost   Creditors back tsunami debt relief   France: The Paris Club of 19 creditor nations has agreed to a moratorium on debt repayment by Indonesia and Sri Lanka Asia faces a rice supply crisis  Philippines: Aid agencies across Asia worry how they will feed the hungry. Philippine activists warn about possible riots Singapore Airline bid hits trouble




Southeast Asia, Business Financial Timeline ... See World Financial timeline Top ^
2005
Nov.2
Jan.12




Southeast Asia, Business Food Timeline ... See World Food timeline Top ^
2008
Mar.27




Southeast Asia, Business Merger Timeline ... See World Merger timeline Top ^
2008
Jan.2
   Hong Kong: The bid to buy a 24% stake in China Eastern Airlines for US$923.8 million appeared in trouble after a major shareholder criticized the deal




Southeast Asia, Business Healthcare Timeline ... See World Healthcare timeline Top ^
2002 Jul.8 $36 million AIDS vaccine trial  USA: 16,000 HIV-negative volunteers will participate in the 5-year study, to be co-sponsored by U.S. and Thailand



Southeast Asia, Business Global Business Timeline ... See World Global Business timeline Top ^
2003 Oct.7 ASEAN to form EU-style trade bloc
. Indonesia



Southeast Asia, Business High Tech Timeline ... See World High Tech timeline Top ^
2003 Jan.25 Virus-like attack hits web traffic   South Korea: An attack by fast-spreading malicious code shut down South Korea and Thailand internet services for hours



Southeast Asia, Business Lawsuit Timeline ... See World Lawsuit timeline Top ^
2006 Feb.15 Mine giant settles pollution case  USA: Newmont has agreed to pay Indonesia $30m in an out-of-court settlement over a pollution in North Sulawesi



Southeast Asia, Business Retail Timeline ... See World Retail timeline Top ^
2008 Apr.24   Report ties U.S. retailers to sweatshop
  USA: Several leading retailers received shrimp from plants in Thailand and Bangladesh where workers as young as 8 are subject to sweatshop conditions



Southeast Asia, Business Aviation Business Timeline ... See World Aviation Business timeline Top ^
2007 Oct.24   A380 makes first passenger flight   Singapore: The world's largest passenger plane has taken off on its first commercial flight, from Singapore to Sydney Jun.28 EU bans all Indonesian airlines  European Union: All Indonesian airlines including national carrier Garuda will be banned from flying to the EU within a week



Southeast Asia, Business Business Sanctions Timeline ... See World Business Sanctions timeline Top ^
2008 May.1 U.S. broadens Myanmar sanctions
   Washington: Bush froze the assets of state-owned companies in Myanmar propping up the military junta, which is suppressing pro-democracy dissidents 2007 Oct.15 Japan adds to pressure on Burma  Japan is halting $5.5m in funding for a human resources center as economic pressure builds on the military government there



Southeast Asia, Business Construction Timeline ... See World Construction timeline Top ^
2008 May.21   U.N. chief: focus now reconstruction
  Myanmar: Ban Ki-moon: Asian nations are beginning to focus on the reconstruction needs of Myanmar, devastated by Cyclone Nargis




Southeast Asia, Business Trade Timeline ... See World Trade timeline Top ^
2007 Dec.9   U.S., EU push green trade  Bali: A joint U.S.-EU proposal to liberalize trade in green goods and services would boost the availability of technology to battle global warming 2006 Nov.19   Bush welcomes bringing Russia into WTO  Vietnam: Bush was greeted by friendly crowds as he arrived in Ho Chi Minh City Nov.18 APEC vows to salvage trade talks
  Vietnam: Leaders were expected to wrap up a Pacific Rim summit with a pledge to kick-start stalled global trade talks
 The Asia-Pacific Economic Cooperation forum made a call for North Korea to take concrete steps to give up its nuclear weapons program. The leaders demanded salvage the Doha round of WTO talks




Southeast Asia, Business Macroeconomics Timeline ... See World Macroeconomics timeline Top ^
2006 Mar.8   E Timor 'poor and getting poorer'  East Timor: UN: East Timor remains the poorest country in South East Asia. There are few employment prospects



Southeast Asia, Business Oil Timeline ... See World Oil timeline Top ^
2008 Jul. 2 Oil prices reach new record high
  Singapore: The price of oil has continued its surge upwards, $145 a barrel in trading. Global oil prices have doubled in the past year
2007 Nov.21   Oil nudges $99 a barrel
  Singapore: The declining dollar and speculation that the U.S. Federal Reserve will again cut interest rates also boosted prices
 Crude prices rose above a record $99 as worries about inadequate winter supplies in the Northern Hemisphere. Investors put their money into oil contracts, betting that gains will offset dollar weakness
Oct.17 Oil falls from record high  Singapore: The prices have fallen in Asia from a trading record of over $88 a barrel amid expectations that a U.S. crude and gasoline stocks rose Oct.16 Oil prices rise to intraday record  The prices rose to new intraday highs in Asia on fears Turkey will pursue Kurdish rebels into Iraq and disrupt oil supplies in the region Sep.29 Oil companies keep up Myanmar ties  Indian Oil Minister Deora was in Myanmar's capital for the signing of oil and gas exploration contracts 2005 Sep.30 Clashes over fuel hike  Indonesia: The government has more than doubled the average price of fuel, despite angry protests by demonstrators