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	<title>Silom Journal</title>
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	<link>http://silomjournal.com</link>
	<description>Thailand Finance Business News &#38; Lifestyle</description>
	<lastBuildDate>Thu, 20 Jun 2013 04:24:13 +0000</lastBuildDate>
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		<title>Vserv.mobi Establishes Africa Office; further Strengthens Southeast Asia Presence</title>
		<link>http://silomjournal.com/pr-news/vserv-mobi-establishes-africa-office-further-strengthens-southeast-asia-presence/</link>
		<comments>http://silomjournal.com/pr-news/vserv-mobi-establishes-africa-office-further-strengthens-southeast-asia-presence/#comments</comments>
		<pubDate>Thu, 20 Jun 2013 04:24:13 +0000</pubDate>
		<dc:creator>Orasa</dc:creator>
				<category><![CDATA[PR News]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=6799</guid>
		<description><![CDATA[SINGAPORE, MUMBAI, LONDON and SAN FRANCISCO&#8211;17 Jun&#8211;PRNewswire/ InfoQuest Hires include key regional executives from Inmobi and Dentsu Vserv.mobi, a leading global mobile advertising network for app developers, publishers, advertisers and telecom providers, today announced the appointment of 3 key executives to its team &#8211; Jacqui Boyd, Sales Director &#8211; South Africa; Max Ku, Business Development [...]]]></description>
			<content:encoded><![CDATA[<p>          SINGAPORE, MUMBAI, LONDON and SAN FRANCISCO&#8211;17 Jun&#8211;PRNewswire/ InfoQuest</p>
<p>          Hires include key regional executives from Inmobi and Dentsu</p>
<p>          Vserv.mobi, a leading global mobile advertising network for app developers, publishers, advertisers and telecom providers, today announced the appointment of 3 key executives to its team &#8211; Jacqui Boyd, Sales Director &#8211; South Africa; Max Ku, Business Development Director &#8211; Malaysia and Nguyen Quang Duy, Business Development Director &#8211; Vietnam. The move reflects the company&#8217;s efforts to further build its business and consolidate its position as a leading player across emerging markets. (Read announcement here [http://blog.vserv.mobi/vserv-establishes-africa-office-further-strenghtens-southeast-asia-presence ] )</p>
<p>          (Logo: http://photos.prnewswire.com/prnh/20120725/546333 )</p>
<p>          Elaborating on the announcement Dippak Khurana, CEO &amp; Co-Founder, Vserv.mobi said, &#8220;As user consumption of information and entertainment on mobile devices skyrockets, Vserv is leading the innovation and building the global scale necessary to help all the key stakeholders in the mobile ecosystem to seize this opportunity. These strategic appointments, will give us the right momentum in becoming the #1 Mobile Ad Network in emerging markets. [http://www.vserv.mobi/mobile-advertising-and-marketing-for-advertisers.html ]&#8221;</p>
<p>          Jacqui Boyd, Sales Director, South Africa, Vserv.mobi has over 10 years of experience in the digital and mobile space. Jacqui will be based out of Cape Town and lead the brand sales business in South Africa. In addition, she will also lead Vserv&#8217;s expansion across other markets in Africa. Prior to Vserv, she has worked with InMobi, Mindshare and Carat.</p>
<p>Max Ku, Business Development Director, Malaysia, Vserv.mobi has 10 years of experience and will lead brand sales and also focus on building strategic alliances with premium publishers across Malaysia. Prior to Vserv, Max has worked with Media Prima Digital and iHub Media. He will be based out of Kuala lumpur.</p>
<p>          Nguyen Quang Duy, Business Development Director, Vietnam, Vserv.mobi has 10 years of experience driving business development in the digital and mobile space. He will be based in Ho Chi Minh City and lead the rollout of brand solutions for advertisers and build partnerships with premium publishers across Vietnam at Vserv. Prior to Vserv, Duy has had senior level stints at Dentsu Media and Effective Measure.</p>
<p>          Founded in 2010, Vserv.mobi is an award winning Global Mobile Ad Network, having been named &#8220;Media Company of the Year&#8221; at the MMA Smarties and listed in the Red Herring Top 100 Award. Over its three formative growth years, the company has successfully managed to break through the competition clutter, powered by it&#8217;s two flagship technologies &#8211; AppWrapper and AudiencePro.</p>
<p>          Media Contacts:<br />
          Binay Tiwari<br />
          +91-22-29275128<br />
          press@vserv.mobi</p>
<p>          Source: Vserv.mobi</p>
]]></content:encoded>
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		<title>Angola LNG Ships First Cargo</title>
		<link>http://silomjournal.com/pr-news/angola-lng-ships-first-cargo/</link>
		<comments>http://silomjournal.com/pr-news/angola-lng-ships-first-cargo/#comments</comments>
		<pubDate>Thu, 20 Jun 2013 03:03:30 +0000</pubDate>
		<dc:creator>Orasa</dc:creator>
				<category><![CDATA[PR News]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=6797</guid>
		<description><![CDATA[SOYO, Angola&#8211;17 Jun&#8211;PRNewswire/InfoQuest &#8211; Project provides new source of LNG to help meet global demand Angola LNG, the Soyo-based facility built to create value from Angola&#8217;s offshore gas resources, confirms that production of liquefied natural gas (LNG) has safely commenced at the Angola LNG plant in Soyo and that its first cargo has been shipped [...]]]></description>
			<content:encoded><![CDATA[<p>          SOYO, Angola&#8211;17 Jun&#8211;PRNewswire/InfoQuest</p>
<p>          &#8211; Project provides new source of LNG to help meet global demand</p>
<p>          Angola LNG, the Soyo-based facility built to create value from Angola&#8217;s offshore gas resources, confirms that production of liquefied natural gas (LNG) has safely commenced at the Angola LNG plant in Soyo and that its first cargo has been shipped today.  This marks the first new LNG supply to come on-stream since 2010, and provides a new source to meet the increasing global demand for LNG.</p>
<p>          (Logo: http://photos.prnewswire.com/prnh/20130616/621759-a )</p>
<p>          (Photo: http://photos.prnewswire.com/prnh/20130616/621759-b )</p>
<p>          The first cargo was sold to Angola&#8217;s state oil &amp; gas company Sonangol and is currently being shipped to Brazil by the SS Sonangol Sambizanga, one of seven 160,000 m3 LNG vessels that are under long-term charter to the Angola LNG project.</p>
<p>          Commenting on the first cargo Artur Pereira, CEO, Angola LNG Marketing said: &#8220;Angola LNG is entering the market at an exciting time.  The world LNG market is expected to remain tight over the coming years, with very limited new LNG capacity coming on-stream.  We are delighted to be producing and shipping our first LNG cargo.&#8221;</p>
<p>          A large number of master LNG sale and purchase agreements have been executed with energy companies across the world, providing Angola LNG with a robust and diverse portfolio of customers.  Further agreements are currently being negotiated.</p>
<p>          Today&#8217;s announcement marks a milestone in the continued development of Angola&#8217;s oil and gas resources.  As the largest single investment in the Angolan oil and gas industry the project is set to play a key part in the financial prosperity of Angola.</p>
<p>          &#8220;Angola LNG&#8217;s vision is to be a reliable and competitive supplier, a strong community partner, and a role model for the economic development of Angola.&#8221; added Ant?nio ?rf?o, Chairman, Angola LNG Ltd.  &#8220;The project provides a solution to minimise flaring and environmental pollution by gathering associated gas from Angola&#8217;s offshore oil fields to provide clean and reliable energy to our customers and a return on investment for our shareholders.&#8221;</p>
<p>          Angola LNG is a partnership between Sonangol, Chevron, BP, ENI and Total that will gather and process gas to produce and deliver LNG and NGLs.  The project has an expected life of at least 30 years.</p>
<p>          Notes to editors:</p>
<p>          Angola LNG will gather, process, sell and deliver 5.2 million tons per year of LNG &#8211; plus natural gas, propane, butane and condensate &#8211; from its plant in Soyo, Angola; one of the world&#8217;s most modern LNG processing facilities. Angola is the second-largest oil producer in sub-Saharan Africa. Historically associated gas has been flared or re-injected into the reservoirs, but Angola LNG provides a solution to reduce emissions and establish a new source of clean energy.</p>
<p>          Shareholders of Angola LNG are Sonangol (22.8%), Chevron (36.4%), BP (13.6%), ENI (13.6%), and Total (13.6%).</p>
<p>          At $10bn the Angola LNG project is one of the largest ever single investments in the Angolan oil and gas industry. Offering a dedicated fleet of seven LNG vessels and three loading jetties (LNG, liquids and compressed butane) the project&#8217;s mission is to eliminate flaring of gas, provide clean and reliable energy to customers and maximize return on investment.</p>
<p>http://www.angolalng.com</p>
<p>          For more information contact:</p>
<p>          Rob Foyle<br />
          Communications Advisor<br />
          Angola LNG Marketing Ltd<br />
          T +44-7880-384-468<br />
          rob.foyle@angolalng.co.uk </p>
<p>          Source: Angola LNG Marketing Ltd</p>
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		<title>Pope Francis blesses Harley-Davidson Motorcycles</title>
		<link>http://silomjournal.com/pr-news/pope-francis-blesses-harley-davidson-motorcycles/</link>
		<comments>http://silomjournal.com/pr-news/pope-francis-blesses-harley-davidson-motorcycles/#comments</comments>
		<pubDate>Thu, 20 Jun 2013 00:11:41 +0000</pubDate>
		<dc:creator>Orasa</dc:creator>
				<category><![CDATA[PR News]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=6794</guid>
		<description><![CDATA[ROME&#8211;17 Jun&#8211;PRNewswire/ InfoQuest Pope Francis today blessed thousands of Harley-Davidson motorcycles and riders to the celebratory roar of V-Twin engines as he rode through the crowd in Vatican City. In the spirit of fulfilling dreams, Harley-Davidson fans from all over the world took part in the pontiff&#8217;s Sunday ceremonies as part of Harley-Davidson&#8217;s 110th Anniversary [...]]]></description>
			<content:encoded><![CDATA[<p>          ROME&#8211;17 Jun&#8211;PRNewswire/ InfoQuest</p>
<p>          Pope Francis today blessed thousands of Harley-Davidson motorcycles and riders to the celebratory roar of V-Twin engines as he rode through the crowd in Vatican City. In the spirit of fulfilling dreams, Harley-Davidson fans from all over the world took part in the pontiff&#8217;s Sunday ceremonies as part of Harley-Davidson&#8217;s 110th Anniversary celebrations in Rome.</p>
<p>          (Photo: http://photos.prnewswire.com/prnh/20130616/621779-a )</p>
<p>          (Photo: http://photos.prnewswire.com/prnh/20130616/621779-b )</p>
<p>          (Photo: http://photos.prnewswire.com/prnh/20130616/621779-c )</p>
<p>          &#8220;Our promise to our customers is to offer them once-in-a-lifetime experiences that few other brands can fulfill,&#8221; said Mark-Hans Richer, Chief Marketing Officer, Harley-Davidson Motor Company. &#8220;Having our customers treated to the blessing today fulfills that promise of epic adventures.&#8221;</p>
<p>          During the Mass, Pope Francis thanked everyone participating in Harley-Davidson&#8217;s 110th Anniversary celebrations in Rome.</p>
<p>          The four-day celebration draws to a close Sunday night with a full program of music and entertainment at the Port of Ostia, Rome. The event marks the European leg of Harley-Davidson&#8217;s 110th Anniversary, a year-long series of global celebrations spanning 11 countries on six continents culminating in the company&#8217;s hometown of Milwaukee during the last weekend in August.</p>
<p>          For more information about the Harley-Davidson 110th Anniversary, please visit: http://110.harley-davidson.com</p>
<p>          About Harley-Davidson Motor Company</p>
<p>          Harley-Davidson Motor Company produces heavyweight custom, cruiser and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel, and general merchandise. For more information, visit Harley-Davidson&#8217;s website at http://www.harley-davidson.com.</p>
<p>          Source: Harley-Davidson Motor Company</p>
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		<title>Students from the University of Sao Paulo in Brazil win Airbus Fly Your Ideas Global Competition</title>
		<link>http://silomjournal.com/pr-news/students-from-the-university-of-sao-paulo-in-brazil-win-airbus-fly-your-ideas-global-competition/</link>
		<comments>http://silomjournal.com/pr-news/students-from-the-university-of-sao-paulo-in-brazil-win-airbus-fly-your-ideas-global-competition/#comments</comments>
		<pubDate>Wed, 19 Jun 2013 23:57:34 +0000</pubDate>
		<dc:creator>Orasa</dc:creator>
				<category><![CDATA[PR News]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=6792</guid>
		<description><![CDATA[PARIS&#8211;17 Jun&#8211;PRNewswire/ InfoQuest Air powered baggage handling concept claims top prize To see each finalist concept brought to life, click here [http://www.youtube.com/watch?v=-5H8-mK6DkM&#38;feature=youtu.be ]. (Photo: http://photos.prnewswire.com/prnh/20130614/621707-a ) (Photo: http://photos.prnewswire.com/prnh/20130614/621707-b ) A team of students from the University of Sao Paulo in Brazil have claimed the top prize of EUR30,000 as winners of Airbus Fly Your Ideas [...]]]></description>
			<content:encoded><![CDATA[<p>          PARIS&#8211;17 Jun&#8211;PRNewswire/ InfoQuest</p>
<p>          Air powered baggage handling concept claims top prize</p>
<p>          To see each finalist concept brought to life, click here [http://www.youtube.com/watch?v=-5H8-mK6DkM&amp;feature=youtu.be ].</p>
<p>          (Photo: http://photos.prnewswire.com/prnh/20130614/621707-a )</p>
<p>          (Photo: http://photos.prnewswire.com/prnh/20130614/621707-b )</p>
<p>          A team of students from the University of Sao Paulo in Brazil have claimed the top prize of EUR30,000 as winners of Airbus Fly Your Ideas 2013. Team Levar won with their proposal for a luggage loading and unloading system for airplane cargo compartments to reduce the workload of airport baggage handlers with an air cushion solution inspired by air hockey tables. Supported by UNESCO, Airbus Fly Your Ideas is a biennial competition which challenges students worldwide to develop ideas for a more sustainable aviation industry.</p>
<p>          The winning team is comprised of Marcos Philipson, Leonardo Akamatsu, Adriano Furtado and Caio Reis, all studying design at the University of Sao Paulo, and Henrique Corazza studying at Loughborough University in the UK.</p>
<p>          The runner-up prize of EUR15,000 went to Team CLiMA from the Royal Melbourne Institute of Technology, Australia, for their proposal to develop aircraft fuelled by a blend of sustainably produced liquefied biomethane and liquefied natural gas (Bio-LNG).</p>
<p>          This third edition of the competition saw over 600 teams from around the world submit a proposal responding to one of six challenges set out by Airbus for aviation in the 21st century. Over 60 Airbus assessors evaluated the submissions for quality, environmental benefits, and for the level of innovation demonstrated by the team.</p>
<p>          The final was held earlier this week at the A380 Final Assembly Line in Toulouse where just five remaining teams presented their disruptive concepts to a prestigious jury led by Charles Champion, Airbus Executive Vice President Engineering. Team Levar convinced the jury with a powerful presentation which brought their idea to life.</p>
<p>          Charles Champion said: &#8220;Team Levar&#8217;s response to the competition has been fantastic, with a truly innovative proposal for an air cushion solution inspired by hockey tables. They have taken a really broad view of how to improve the aviation industry as a whole, not limiting their ideas to aircraft alone but also considering ground operations and they are deserving winners. According to the students, passengers could collect their luggage 30% faster, start their holidays sooner, and luggage handlers would be put under less physical strain. This kind of idea is fundamental in ensuring the aviation industry continues to drive forward to a more sustainable future.&#8221;</p>
<p>          Irina Bokova, Director-General of UNESCO, said &#8220;The diversity of these students&#8217; ideas is a huge source of inspiration. Their talent also serves to remind us of the urgent need to train more engineers, to develop the skills and competences needed to translate ideas into reality and put science into practice. This is UNESCO&#8217;s ambition and one of the objectives of this partnership with Airbus is to inspire more innovative ideas for our future, in sustainable transportation and even further&#8221;</p>
<p>          In addition to the prize money the students now look forward to welcoming experts from Airbus&#8217; innovation cell onto their campus for a week of workshops and training later this year.</p>
<p>          The winning team will be at the Le Bourget Paris Airshow Monday 17th June at 15:00 in the EADS Pavillon.</p>
<p>          Source: Airbus</p>
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		<title>Bayat Foundation Inaugurates New Pediatric Critical Care Facility At Indira Gandhi Hospital In Kabul</title>
		<link>http://silomjournal.com/business/bayat-foundation-inaugurates-new-pediatric-critical-care-facility-at-indira-gandhi-hospital-in-kabul/</link>
		<comments>http://silomjournal.com/business/bayat-foundation-inaugurates-new-pediatric-critical-care-facility-at-indira-gandhi-hospital-in-kabul/#comments</comments>
		<pubDate>Wed, 19 Jun 2013 07:02:38 +0000</pubDate>
		<dc:creator>Orasa</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=6790</guid>
		<description><![CDATA[KABUL, Afghanistan&#8211;14 Jun&#8211;PRNewswire/ InfoQuest The Bayat Foundation, led by entrepreneur and philanthropist Ehsanollah Bayat, recently inaugurated a new pediatric intensive care unit (ICU) and critical care unit (CCU) at Indira Gandhi Hospital in Kabul. The facility, rebuilt atop the debris of an unused, ruined section of the building in less than five months, features advanced [...]]]></description>
			<content:encoded><![CDATA[<p>          KABUL, Afghanistan&#8211;14 Jun&#8211;PRNewswire/ InfoQuest</p>
<p>          The Bayat Foundation, led by entrepreneur and philanthropist Ehsanollah Bayat, recently inaugurated a new pediatric intensive care unit (ICU) and critical care unit (CCU) at Indira Gandhi Hospital in Kabul.  The facility, rebuilt atop the debris of an unused, ruined section of the building in less than five months, features advanced remote patient monitoring technology, modern beds and medical equipment, and a variety of additional solutions focused on enabling acute care for children.</p>
<p>          &#8220;We are grateful to have the opportunity to aid the committed medical staff and young children of Afghanistan by constructing this modern pediatric care unit,&#8221; Mr. Bayat said. &#8220;Through our long support of young leukemia patients at Indira Gandhi Hospital, we realized the significant difference that new ICU/CCU facilities could play in allowing doctors to serve many more of the neediest and most at-risk children, more effectively than before.  The Foundation looks forward to remaining engaged with hospitals around the nation to help ensure the next generation of Afghans begin life as safely and well as possible, and we believe this new pediatric facility will provide improved healthcare results for many of the neediest children in Afghanistan.&#8221;</p>
<p>          The new critical care unit is the twelfth health care facility that the Bayat Foundation has constructed around the nation since beginning a mission in 2005 to build a network of maternal and early childhood hospitals in underserved and underdeveloped areas of Afghanistan whose main focus is maternal wellbeing, child health, and safe births. </p>
<p>          This network of medical care facilities for Afghan mothers and children – located in Mazar-e-Sharif (Balkh Province), Dai Kundi (Uruzgan Province), Maimana (Faryab Province), Behsood (Wardak Province); Tagaab Village (Wardak Province); Hessa Dowom (Wardak Province); Tora Bora (Nangahar Province), Sar-e Pul City (Sar-e Pul Province), Lashkargah (Helmand Province), and Gardez (Paktia Province) – has served more than 700,000 patients since the inception of the Foundation&#8217;s maternal/child health initiative.  The hospitals range in size from 10 to 150 beds and are built to a modern design, with complete electrical systems, patient rooms, operating rooms, delivery rooms, post-operative recovery rooms, a pharmacy, doctor&#8217;s offices, reception area, storage and bathrooms.  Further information and video coverage of the new ICU/CCU facilities, as well as all Bayat Foundation health care initiatives and other programs may be viewed at: http://www.youtube.com/user/BayatFoundation/videos.</p>
<p>          About the Bayat Foundation</p>
<p>          Since 2005, the US-based Bayat Foundation, a 501 c(3) charitable organization, has promoted the well-being of the Afghan people. Founded and directed by Ehsan Bayat and Fatema Bayat, the Foundation has contributed to more than 200 projects dedicated to improving the quality of life for the youth, women, poor, and elderly of Afghanistan.  Projects have included the construction of new facilities and sustainable infrastructure in needy regions, and the promotion of health, education, economic, and cultural programs. In addition to his charitable initiatives, Ehsanollah Bayat founded Afghan Wireless (AWCC) in 2002 – a joint venture between Telephone Systems International, Inc. (TSI) and the Ministry of Communications – which was the first GSM wireless and Internet Service Provider in Afghanistan, and later established Ariana Radio and Television Network (ATN), which includes Ariana Radio (FM 93.5). For more information, please email info@bayatfoundation.org.</p>
<p>          CONTACT: Jill Ketron, j.ketron@bayatfoundation.org, +1-904-686-1470</p>
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		<title>Promising Korean Companies in the Nuclear Radiation Industry Initiate Expansion to the Southeast Asian Market</title>
		<link>http://silomjournal.com/pr-news/promising-korean-companies-in-the-nuclear-radiation-industry-initiate-expansion-to-the-southeast-asian-market/</link>
		<comments>http://silomjournal.com/pr-news/promising-korean-companies-in-the-nuclear-radiation-industry-initiate-expansion-to-the-southeast-asian-market/#comments</comments>
		<pubDate>Wed, 19 Jun 2013 06:47:58 +0000</pubDate>
		<dc:creator>Orasa</dc:creator>
				<category><![CDATA[PR News]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=6788</guid>
		<description><![CDATA[SEOUL, South Korea&#8211;18 Jun&#8211;PRNewswire/ InfoQuest MSIP (Minister Choi Mun-kee) announced todaythat it will host the &#8216;Nuclear Technology Export Road Show&#8217; for five days from June 18th to 21st to the Southeast Asian market including Thailand and Singapore in order to promote the entrance to foreign markets and support the exports of its small and medium [...]]]></description>
			<content:encoded><![CDATA[<p>SEOUL, South Korea&#8211;18 Jun&#8211;PRNewswire/ InfoQuest</p>
<p>          MSIP (Minister Choi Mun-kee) announced todaythat it will host the &#8216;Nuclear Technology Export Road Show&#8217; for five days from June 18th to 21st to the Southeast Asian market including Thailand and Singapore in order to promote the entrance to foreign markets and support the exports of its small and medium sized companies.</p>
<p>          The Road Show, organized by AtomXport and Korea Nuclear International Cooperation Foundation (KONICOF), will have three participating companies including Nawoo Tech, SF Technology and Satrec Initiative. The companies will introduce their self-developed products including environmental radiation detectors, radiation diagnosis reagents, and therapeutic capsules and engage in business meetings with local buyers.</p>
<p>          KONICOF plans to conclude the Memorandum of Understanding (MOU) with Pondpol Analytical of Thailand and Biomedia Holdings of Singapore to further provide information on the Southeast Asian market and to secure foreign networks for the Korean nuclear technology companies.</p>
<p>          This MOU is expected to facilitate trade for the Korean nuclear technology companies that are seeking new business opportunities and expansion to the Southeast Asian Market.</p>
<p>          Thailand has shown an increasing demand for radiation technology facilities due to recent installation of environmental radiation monitoring systems, constructions of radioactive waste repository, and relocation of key facilities of the Thailand Institute of Nuclear Technology (TINT) to suburbs while Singapore has also shown rising demand radiation safety equipments.</p>
<p>          Kim Dae-gi, the Space and Nuclear Cooperation Division manager of the Ministry of Future, stated, &#8220;With the Export Road Show serving as the momentum, we hope to provide opportunities for the small and middle sized companies to enter into foreign markets by regularly hosting separate and joint exhibitions.&#8221; He further commented, &#8220;We will make every effort so that our nuclear technology can play a pivotal role in being the driving force for export of our &#8216;creative economy&#8217;.&#8221;</p>
<p>          Reference</p>
<p>          KONICOF, the executive office of AtomXport is achieving notable results in supporting the export of small and medium sized companies in the non-generation sector. Moreover, KONICOF is operating a comprehensive and organized support system for exports to resolve the hardships that small and medium sized companies experience.</p>
<p>          Since its establishment in 2007, AtomXport has been supporting and promoting export of companies in the non-generation sector, achieving more than a thirty percent annual increase in exports.</p>
<p>          For further information, please visit: http://www.konicof.or.kr/</p>
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		<title>Ukraine State Development Bank Will Play a Key Role in the Modernization of the Manufacturing Sector</title>
		<link>http://silomjournal.com/business/ukraine-state-development-bank-will-play-a-key-role-in-the-modernization-of-the-manufacturing-sector/</link>
		<comments>http://silomjournal.com/business/ukraine-state-development-bank-will-play-a-key-role-in-the-modernization-of-the-manufacturing-sector/#comments</comments>
		<pubDate>Wed, 19 Jun 2013 06:14:38 +0000</pubDate>
		<dc:creator>Orasa</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=6786</guid>
		<description><![CDATA[KIEV, Ukraine&#8211;14 Jun&#8211;PRNewswire/ InfoQuest Ukraine State Development Bank will be instrumental in the realization of &#8220;The State Activation Program for the economic development of Ukraine for 2013 &#8211; 2014.&#8221; This statement was made by First Vice Prime Minister of Ukraine Serhiy Arbuzov, during the round-table presentation of the program at the First International Annual Business [...]]]></description>
			<content:encoded><![CDATA[<p>          KIEV, Ukraine&#8211;14 Jun&#8211;PRNewswire/ InfoQuest</p>
<p>          Ukraine State Development Bank will be instrumental in the realization of &#8220;The State Activation Program for the economic development of Ukraine for 2013 &#8211; 2014.&#8221; This statement was made by First Vice Prime Minister of Ukraine Serhiy Arbuzov, during the round-table presentation of the program at the First International Annual Business Conference &#8220;ABC: Ukraine &amp; Partners&#8221;.</p>
<p>          &#8220;We are now at the first stage of the program, working on financial tools. They are designed to provide long-term loans and low credit costs for real economy, and are essential in providing new capital assets. One of the main tools for realization will be the Ukraine State Development Bank. It will provide resources to the banks, which in turn will give long-term loans for modernization projects,&#8221; said Serhiy Arbuzov.</p>
<p>          The First Vice Prime Minister informed delegates that the government is currently considering several projects to the total amount of UAH 600 million, with several positive decisions being made.</p>
<p>          He believes that the implementation of such a tool as the Ukraine State Development Bank will allow for the removal of officials from the direct allocation of financial resources. &#8220;Thanks to this, the risk of corruption will be dramatically reduced. And the State will get creditworthy borrowers &#8211; banks,&#8221; said Serhiy Arbuzov.</p>
<p>          First Vice Prime Minister of Ukraine Serhiy Arbuzov encouraged foreign investors to cooperate on priority projects for the country. He underlined that implementing The State Activation Program for the economic development will provide not just a temporary increase in economic activity but will also mark the beginning of structural change.</p>
<p>          Source: ABC: Ukraine &amp; Partners </p>
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