KUALA LUMPUR, Malaysia — Since the Harper government made trade with Asia a top priority three years ago, Canada has urgently wanted to develop much stronger business ties here.
Read more: http://tinyurl.com/nwovygp
Tag Archives: Asia
Will Central Asia Replace the Middle East as Prime Oil Source?
One of the prime reasons why the Middle East holds such importance to the West is partiality because it is the main supplier of oil and natural gas to countries in the West. Over the past several decades Western countries had few, if any, options other than to purchase its oil and gas from Middle Eastern oil producing despite the headaches that came with it. Headaches, for example, that’s included political unrest, turmoil and strife.
Read more: http://tinyurl.com/lbexo64
Edmonton intermodal project will grow exports and benefit the local economy
The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, the Honourable Ric McIver, Minister of Transportation for the Province of Alberta, and Stephen Mandel, Mayor of Edmonton participated in a ceremonial signing event for the construction of the Queen Elizabeth II Highway (QEII) and 41 Avenue Southwest Intermodal Access project in Edmonton, Alberta. The Ministers were joined at the ceremonial signing event by representatives from the City of Edmonton and Canadian Pacific.
Read more: http://tinyurl.com/cytg6no
Lack of pipeline capacity costing oil producers $15 billion a year: report
OTTAWA — Canada lost out on about $25 billion in oil revenues last year due to pipeline and production bottlenecks and is expected to lose $15 billion a year going forward until it deals with its infrastructure deficit, a new CIBC report says.
CIBC economists Avery Shenfeld and Peter Buchanan said the record price discount received by Western producers of heavy oil — mostly bitumen — is no longer the issue it once was, but Canada will continue to lose big time until it permanently solves its pipeline deficit.
Read more: http://tinyurl.com/clovj2a
Canada must focus on exporting to Asia, never mind the U.S.
TORONTO – Forget the sound and fury enveloping the Keystone XL pipeline’s future in the United States.
It’s a sideshow.
Hollywood dilettantes like Daryl Hannah and heavy funding courtesy of the Sierra Club may underpin the noisy chorus opposing the plan, but Canada’s drive to reinvent itself as a clever country trading on a truly global scale goes on.
Read more: http://tinyurl.com/a6v2twp
GOLD AND THE RISE OF ASIA
Emerging nations do not view the West as partners…
IN THE LAST five years, we have seen the start of the decline of the developed world and the real impact of the economic rise of China on that world, writes Julian Phillips at GoldForecaster.
What lies ahead? James Wolfensohn, the ex-president of the World Bank, has given a short lecture in which he forecasts what the world’s cash flows would be like in 2030:
Read more: http://tinyurl.com/bkv275f
New coal mine proposed for Crowsnest Pass
Calgary – Coal mining may be coming back to the Crowsnest Pass, due to an Australian company’s desire to tap into Asia’s growing hunger for steel.
Riversdale Resources, a public unlisted company based in Sydney, announced Monday it has entered into an agreement to acquire a portfolio of coal assets from Devon Energy and Consol Energy for $49.5 million U.S.
Read more: http://tinyurl.com/b9morz4
12 INSIGHTS FROM GURU JIM ROGERS
Jim Rogers started on Wall Street back in the 60s and went on to co-found the Quantum Fund with George Soros.
Then he packed up and moved to Singapore, essentially shorting the west.
Read more: http://tinyurl.com/cjr9uyr
Air Canada expands Asia-Pacific flights to boost revenue
Air Canada (AC.B-T 1.81 0.01 0.56%) unveiled a major expansion in its flights to Asia, a high-growth area for Canada’s biggest airline in recent years, as it seeks to boost revenue in an attempt to become profitable.
In what it described as its “most far-reaching international expansion of its schedule in its 75-year history,” Air Canada said on Thursday it would add flights from Canada to Asian cities including Beijing, Seoul and Narita, Japan. Subject to government approval, the airline will also start flying to Istanbul.
Read more: http://tinyurl.com/d9knyqy
Selling oil to Asia critical: Minister
EDMONTON — A new report touting American energy self-sufficiency is sounding the alarm for increasing Asian access for Alberta bitumen.
The London-based International Energy Agency said the province’s largest customer, the United States, will be nearly self-sufficient for energy overall by 2035 and a net exporter of natural gas within a decade from now.
Read more: http://tinyurl.com/b64ynwx