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February 1, 2008 |
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BANK PERMATA: Fitch Upgrades Individual Rating to 'C/D' Fitch Ratings has upgraded the Individual rating of PT Bank Permata Tbk to 'C/D' from 'D' and affirmed its Support rating at '4'. The upgrade in the Individual rating reflects the bank's improved profitability and asset quality, while the Support... Read More |
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JAPAN AIRLINES: To Slash Discount Fares Up to 80% Japan Airlines International Company, Ltd., will cut discount fares up to 80% for tickets sold directly to passengers starting April, sources disclosed to The Asahi Shimbun... Read More |
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MANILA ELECTRIC: Buys 65% of Clark Electric Distribution Corp. The Manila Electric Co. has acquired 65% of Clark Electric Distribution Corp. through its subsidiary Meralco Industrial Engineering Services Corp... Read More |
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MIZUHO FINANCIAL: Subprime Loss May Hit JPY250 Billion in March Mizuho Financial Group Inc.'s losses stemming from the United States subprime mortgage crisis could bloat up to JPY250 billion in the fiscal year ending in March 2008 instead of the JPY170 billion forecast at the end of September, Japan Times says,... Read More |
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OCI BERHAD: Anticipates to End Losses by Financial Year 2009 OCI Berhad anticipates ending its string of losses in the financial year ending June 30, 2009, after the completion of its financial restructuring scheme, said its Executive Chairman Wijoto Tjiptodihardjo, the DailyEdge reports... Read More |
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OCI BERHAD: Incurs MYR615,000 Net Loss in Qtr. Ended Dec. 31 OCI Berhad incurred a net loss of MYR615,000 on MYR482,000 of revenues for the quarter ended December 31, 2007, as compared to MYR4.76 million net loss on MYR13.36 million of revenues in the same period of 2006... Read More |
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SPICEJET LTD: To Enter Fixed-Price Deal With Oil Marketing Firm SpiceJet Ltd is poised to enter into a fixed-price deal with an oil company to buy 20% of the carrier's annual requirement of aviation turbine fuel, P.R. Sanjai writes for livemint.com. ... Read More |
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TATA MOTORS: May Pay More for Jaguar and Land Rover, Report Says Tata Motors Ltd may have to shell out more to purchase Ford Motor Co.'s Jaguar and Land Rover as the brands' stable, Premier Automobile Group, posted a US$504-million profit before tax, The Economic Times reports. Aside from the two Ford brands, PAG... Read More |
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Today's Top Stories have been selected from the Troubled Company Reporter - Asia Pacific. To receive the Full TCR-AP please CLICK HERE.
