ISI Intellinews

ISI Intellinews IntelliNews, the editorial arm of ISI Emerging Markets, delivers market moving news and reports in English for over 15 countries in Central and Eastern Europe, as well as regionally for the Middle East/ North Africa, Nigeria/ Ivory Coast, Sub-Saharan Africa, and Asia. At the core of the IntelliNews service are the daily reports. Each report is a two-page summary of the main market-moving events in a given country. Distributed 5 days a week, these dailies combine news, analyses, comments and forecasts, focusing on macroeconomics and country-specific politics, as well as major financial and corporate news.
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2008-07-23:
Name Date
State officials provide details about arrest of Radovan Karadzic. State officials provide details about arrest of Radovan Karadzic. 2008-07-23
took place in the evening the same day, war crimes prosecutor Vladimir Vukcevic announced at a news conference.
Lafarge boosts stake in Beocin cement factory to 99.3%. Lafarge boosts stake in Beocin cement factory to 99.3%. 2008-07-23
additional ##.##% stake in its factory in Beocin through a buyout offer and thus boosted its interest to ##.#
Ukrtelecom to place UAH 250mn bonds. Ukrtelecom to place UAH 250mn bonds. 2008-07-23
for the first year, and further coupon rates will be set for next two years as extra ones.
EBRDtoprovideUSD 20mnloan to ProCredit bank. EBRDtoprovideUSD 20mnloan to ProCredit bank. 2008-07-23
its intention to sell its ##% stake in ProCredit Bank. As of Jul # ####, net assets of ProCredit bank amounted
Defence electronics company Aselsan may benefit from EUR 2.5bn submarine deal. Defence electronics company Aselsan may benefit from EUR 2.5bn submarine deal. 2008-07-23
would order # submarines from a consortium formed by Germany #;s...s Marine Force International in a deal amounting to EUR #.#bn.
Koc Group sells 89.7% stake in tyre distributor Oltas to Continental AG. Koc Group sells 89.7% stake in tyre distributor Oltas to Continental AG. 2008-07-23
##% stake in local tyre distributor Oltas Otomotiv Lastikleri Tevzii AS to one of the world#;s largest automotive suppliers Continental AG.
Calik Group to build power plant in Turkmenistan. Calik Group to build power plant in Turkmenistan. 2008-07-23
Calik Enerji ve Ticaret won the tender for construction of a power plant in Turkmenistan #;s Balkanabat city, CCN Turk reports.
Odien Asset Management to invest USD 90mn in mining company Ihlas Madencilik. Odien Asset Management to invest USD 90mn in mining company Ihlas Madencilik. 2008-07-23
Madencilik. The parties launched partnership talks in June and signed a term sheet regarding Ihlas Madencilik, according to the statement issued
Private lender Akbank reportedly gives mandate for EUR 1bn loan. Private lender Akbank reportedly gives mandate for EUR 1bn loan. 2008-07-23
mandated West LB to arrange a EUR #bn syndicated loan, Reuters...#bn syndicated loan, Reuters reported. A banking source close to the
Local construction firm Dogus wins contract in Bulgaria. Local construction firm Dogus wins contract in Bulgaria. 2008-07-23
Dogus Group#;s construction subsidiary Dogus Insaat was awarded a contract to build part of the second metro line in
BMC plans to establish commercial vehicles plant in Tire. BMC plans to establish commercial vehicles plant in Tire. 2008-07-23
Turgutlu to Tire, according to daily Aksam . BMC initially planned a factory, which will produce buses, trucks and other commercial vehicles
Constitutional court to begin deliberations in AKP case on Jul 28. Constitutional court to begin deliberations in AKP case on Jul 28. 2008-07-23
##. They will meet on a daily basis until reaching a decision.
Local construction firm Dogus wins contract in Bulgaria. Local construction firm Dogus wins contract in Bulgaria. 2008-07-23
Dogus Group#;s construction subsidiary Dogus Insaat was awarded a contract to build part of the second metro line in
Odien Asset Management to invest USD 90mn in mining company Ihlas Madencilik. Odien Asset Management to invest USD 90mn in mining company Ihlas Madencilik. 2008-07-23
Madencilik. The parties launched partnership talks in June and signed a term sheet regarding Ihlas Madencilik, according to the statement issued
Koc Group sells 89.7% stake in tyre distributor Oltas to Continental AG. Koc Group sells 89.7% stake in tyre distributor Oltas to Continental AG. 2008-07-23
##% stake in local tyre distributor Oltas Otomotiv Lastikleri Tevzii AS to one of the world#;s largest automotive suppliers Continental AG.
Private lender Akbank reportedly gives mandate for EUR 1bn loan. Private lender Akbank reportedly gives mandate for EUR 1bn loan. 2008-07-23
mandated West LB to arrange a EUR #bn syndicated loan, Reuters...#bn syndicated loan, Reuters reported. A banking source close to the
Thai exports increase 27.4% y/y in June. Thai exports increase 27.4% y/y in June. 2008-07-23
Thailand#;s exports increased by ##.#% y/y to a record USD ##.##bn while its imports increased by ##
S Korea's wage gap third largest in OECD. S Korea 2008-07-23
According to the Chosun Ilbo , a report released by the Ministry of Strategy and Finance and
Monetary Authority of Singapore reviewing inflation forecast. Monetary Authority of Singapore reviewing inflation forecast. 2008-07-23
Hoe Ee stated recently that Singapore#;s inflation was showing a declining trend and that the MAS was reviewing its ####
Malaysia's international reserves stand at USD 125.1bn. Malaysia 2008-07-23
reserves of Bank Negara Malaysia stood at USD ###.#bn as on July ##. The reserves level is equivalent to #
India's prices expected to stabilise. India 2008-07-23
increased marginally to ##.##% as on Jul # from ##...Jul # from ##.##% a week earlier, inflation had stabilised...earlier, inflation had stabilised on a week-to-week basis.
Finance Minister: India registers 9.1% growth in 2007-08. Finance Minister: India registers 9.1% growth in 2007-08. 2008-07-23
Finance Minister P Chidambaram stated on Tuesday that India registered a GDP growth of close to #.#% in fiscal year
Hong Kong's registration of new local companies increases 11.4% y/y in H1/2008. Hong Kong 2008-07-23
the Companies Registry show that ##,### new local companies were registered in H#/####, a y/y increase of ##.#%.
World Trade Organisation rules against China in automobile components case. World Trade Organisation rules against China in automobile components case. 2008-07-23
insisting that foreign automobile makers operating in China must purchase a part of their requirement of components from local suppliers.
Total assets of China's financial institutions increase 19% y/y as of June. Total assets of China 2008-07-23
total assets of Chinese financial institutions increased by ##% y/y to CNY ##.#tn as of June.
Intellinews - Slovakia Today Intellinews - Slovakia Today 2008-07-23
Net profit of Postova Banka drops by 64.7% y/y in H1. Net profit of Postova Banka drops by 64.7% y/y in H1. 2008-07-23
Postova Banka registered a SKK ##.#mn of net...Deteriorating financial performance came despite a solid revenue base as net interest income surged by
Tatra Banka to issue EUR 66mn mortgage bonds. Tatra Banka to issue EUR 66mn mortgage bonds. 2008-07-23
bank announced. They will have a maturity period of two years...of two years and bear a floating coupon rate.
SLSP bank's housing loan portfolio rises by 50% y/y at end-H1. SLSP bank 2008-07-23
Housing loans, disbursed by Slovenska Sporitelna (SLSP), amounted to SKK #.#bn at the end of H#, SLSP finance department director Michaela Trojcakova disclosed.
Central bank stays in line with plan for euro adoption preparations. Central bank stays in line with plan for euro adoption preparations. 2008-07-23
Preparations for adoption of the euro at the National Bank of Slovakia (NBS) were proceeding according to plan, NBS spokeswoman Jana Kovacova announced.
BP calls off 60 employees from TNK-BP. BP calls off 60 employees from TNK-BP. 2008-07-23
As announced by BP, it calls off ## of its last technical specialists from Russian-British
Moody's upgrades Russian Railways outlook to positive. Moody 2008-07-23
positive.? This follows the upgrade in rating to the country as a whole from Baa# to Baa# with outlook positive.
Oil export duty up to record-high USD 495.9 per ton. Oil export duty up to record-high USD 495.9 per ton. 2008-07-23
As announced by the press-service...###.# per metric ton as of Aug # #### vs...###.# per ton set as of June # ####.
Infrastructure seen as problem for development of industrial real estate market. Infrastructure seen as problem for development of industrial real estate market. 2008-07-23
Romania ranks ## th of ## countries surveyed for the conditions they provide for investments in logistical and industrial space, according to the European Distribution Report #### of real estate consultancy Cushman&Wakefield that was cited by Business Standard daily.
Wireless operator Vodafone increases number of clients to 9.25mn. Wireless operator Vodafone increases number of clients to 9.25mn. 2008-07-23
the second quarter of the year bringing the number of subscribers to #.##mn clients as of Jun ##.
UniCredit Group: Retail lending penetration in country one of highest in region. UniCredit Group: Retail lending penetration in country one of highest in region. 2008-07-23
countries in the region such as Turkey , Czech Republic and Poland...Czech Republic and Poland , reads a study by UniCredit Group cited
Intellinews - Poland Today Intellinews - Poland Today 2008-07-23
BRE Bank to sell 49.7% in pension fund firm Aegon PTE for EUR 150mn. BRE Bank to sell 49.7% in pension fund firm Aegon PTE for EUR 150mn. 2008-07-23
BRE Bank, majority-owned by Germany#;s Commerzbank, signed an agreement on the sale of its ##.#% stake in the pension fund managing firm Aegon PTE to Aegon Woningen Nova BV for PLN ###.#mn (EUR ###mn), the bank said.
Labour ministry sees jobless rate down to 9.5% in July. Labour ministry sees jobless rate down to 9.5% in July. 2008-07-23
The registered unemployment rate could ease down to around #.#% at the end of July from #.#% at end-June, deputy labour minister Czeslawa Ostrowska told the Polish Press Agency .
RPP member Czekaj sees no need for interest rate hikes till September. RPP member Czekaj sees no need for interest rate hikes till September. 2008-07-23
member of the Monetary Policy Council (RPP) Jan Czekaj, seen as a "swing voter." Besides, the RPP#;s policy is one of
Core inflation excluding food and energy prices at 2.2% y/y in June. Core inflation excluding food and energy prices at 2.2% y/y in June. 2008-07-23
and energy prices - the new measure replacing net core inflation as of last month - accelerated to #.#% y/y in
Income, profit tax breaks for companies in industrial zones. Income, profit tax breaks for companies in industrial zones. 2008-07-23
The Parliament adopted a law on technological and industrial
Trade company RZ Ekonomika slips into red in H1. Trade company RZ Ekonomika slips into red in H1. 2008-07-23
Domestic trading and accounting company RZ Ekonomika turned to a net loss of MKD #.##mn (EUR #.##mn), according
Road construction Crnagoraput cuts 2007 loss by 19% y/y to EUR 3.8mn. Road construction Crnagoraput cuts 2007 loss by 19% y/y to EUR 3.8mn. 2008-07-23
year, representing ##% y/y improvement, according to the preliminary financial statements of the company as quoted by Vijesti daily.
Unemployment rate drops to 10.84% at mid-July. Unemployment rate drops to 10.84% at mid-July. 2008-07-23
ZZZ) shows that the unemployment rate dropped by #.##pps y/y to ##.##% as of mid-July.
LT: Agrowill Group to increase share capital. LT: Agrowill Group to increase share capital. 2008-07-23
value of LTL # per share to be sold at a price of LTL #.# per share.
LT: Kesko Agro Lietuva revenues down by 42% y/y in H1/08. LT: Kesko Agro Lietuva revenues down by 42% y/y in H1/08. 2008-07-23
Agro Lietuva reports its revenues to amount to LTL ##.#mn (EUR ##.#mn) indicating a decline of ##% y/y.
LV: RigaPort to become Baltic leader port – MP. LV: RigaPort to become Baltic leader port – MP. 2008-07-23
Baltics. Slesers justified his estimates by container cargo business recent development and other tendencies, such as container transit global development.
LV: Nordea Bank's net profit up by 28.7% y/y to EUR 13.8mn in H1/08. LV: Nordea Bank 2008-07-23
As announced by bank#;s representatives, net profit of Nordea Bank in the first six months
EE: poverty risk at 19.5% in 2006. EE: poverty risk at 19.5% in 2006. 2008-07-23
### people in #### were living at the poverty risk, which is flat y/y as compared to ####.
Value of M&A plunges by 99% y/y in Q2. Value of M&A plunges by 99% y/y in Q2. 2008-07-23
total volume of M&A deals in Hungary amounted to...Q#, business daily Vilaggazdasag cited a Thomson Financial report. It tumbled
Drug maker Richter to invest in new R&D plant with government support. Drug maker Richter to invest in new R&D plant with government support. 2008-07-23
Major pharmaceutical company Richter would launch the construction of a new R&D and production plant in the biotechnology
Austria's OMV says it has no intentions to take over INA. Austria 2008-07-23