Taiwan is indirectly laying claim to a disputed island area in the South China Sea by stating it conducted environmental tests of the nearby waters.

The World Bank's Anti-corruption Department has barred seven companies, including four from China and three from the Philippines, from WB-sponsored projects on suspicion of conspiring to collude on tenders for road projects in the Philippines.

The Goldman Sachs Group has announced 12 new academic and nonprofit partners to provide business and management education to deprived women in Brazil, China, India, and the Philippines.

Following the signing of the first batch of low temperature residual heat power generation contracts with Lafarge in 2007, Sinoma Energy Conservation Limited has now signed another low temperature residual heat power generation EP contract with the latter's Teresa cement company in the Philippines.