WELLINGTON, Sept 4, 2010 (AFP) - The cost of the devastating 7.0 earthquake in the New Zealand city of Christchurch on Saturday could reach two billion dollars (1.44 billion US), an official said. The quake, which struck just before dawn, toppled several older buildings and left … [Read more...] about New Zealand quake damage estimated at 1.44 billion dollars
1 billion dollar house
TOKYO, Nov 16, 2010 (AFP) - Japan's lower house of parliament passed a supplementary budget Tuesday including a new stimulus package worth 62 billion dollars to push forward economic recovery. The 5.1-trillion-yen fresh stimulus features job programmes, welfare spending and … [Read more...] about Japan’s lower house approves 60 billion dollar stimulus
The United States stepped up its defenses against a deadly bird flu pandemic by awarding one billion dollars' worth of contracts to five drug companies to develop an influenza vaccine. The five-year contracts were given to Britain's GlaxoSmithKline PLC, MedImmune Inc., Swiss … [Read more...] about US awards one billion dollar bird flu vaccine contracts
The Vietnamese government on Monday won legislative support for a proposed budget of VND23 trillion ($1 billion) so that it can start securing a massive area of land needed for a new airport. Site clearance has been separated from the construction plan for Long … [Read more...] about Vietnam’s legislators approve to fast-track multi-billion-dollar airport
In the first 7 months of 2012, Vietnam attracted US$8.03 billion of foreign direct investment (FDI), in which, investment in industry accounted for nearly 70 percent of total registered capital, but most projects were small-scale. This situation makes many people wonder that … [Read more...] about Is Industry Capable of Billion-Dollar Projects?