U.N. Security Council sanctions al Qaeda's Yemen wing |
- U.N. Security Council sanctions al Qaeda's Yemen wing
- INTERVIEW - U.S. must step up to rescue climate talks -Tuvalu
- Suicide bomber strikes Iraqi army HQ in Mosul
- Philippine poll body clears Estrada to run again
- Q+A - Thailand's colour-coded protests
- Vietnam tries democracy activists for subversion
- NEWSMAKER - New U.S. senator drives pick-up truck to victory
- Massachusetts win blow for Obama
- Haiti struggles to get enough aid
- Thoughts on Obama's first year in office
- Unemployment to be high in U.S. cities through 2013 - study
- FEATURE - Mexico's drug war leaves a generation of narco widows
- In blow to Obama, Republican wins in Massachusetts
- Global slide in '09 economic freedom holds risks - index
- Thai "red shirts" consider symbolic airport rally
- Haiti violence fears lift, U.S. troops help deliver aid
- Republican wins U.S. Senate race in Massachusetts
- Republican wins U.S. Senate race in Massachusetts
- INTERVIEW - Donors must stick with Haiti - Zoellick
- Universal Studios signs US$2.7b deal to build theme park in South Korea
U.N. Security Council sanctions al Qaeda's Yemen wing Posted: 20 Jan 2010 01:06 AM PST |
INTERVIEW - U.S. must step up to rescue climate talks -Tuvalu Posted: 20 Jan 2010 01:06 AM PST |
Suicide bomber strikes Iraqi army HQ in Mosul Posted: 20 Jan 2010 12:35 AM PST |
Philippine poll body clears Estrada to run again Posted: 20 Jan 2010 12:05 AM PST |
Q+A - Thailand's colour-coded protests Posted: 20 Jan 2010 12:05 AM PST |
Vietnam tries democracy activists for subversion Posted: 20 Jan 2010 12:05 AM PST |
NEWSMAKER - New U.S. senator drives pick-up truck to victory Posted: 19 Jan 2010 11:34 PM PST |
Massachusetts win blow for Obama Posted: 19 Jan 2010 10:46 PM PST |
Haiti struggles to get enough aid Posted: 19 Jan 2010 10:51 PM PST |
Thoughts on Obama's first year in office Posted: 19 Jan 2010 08:53 PM PST |
Unemployment to be high in U.S. cities through 2013 - study Posted: 19 Jan 2010 11:05 PM PST |
FEATURE - Mexico's drug war leaves a generation of narco widows Posted: 19 Jan 2010 11:05 PM PST |
In blow to Obama, Republican wins in Massachusetts Posted: 19 Jan 2010 10:34 PM PST |
Global slide in '09 economic freedom holds risks - index Posted: 19 Jan 2010 10:34 PM PST |
Thai "red shirts" consider symbolic airport rally Posted: 19 Jan 2010 10:34 PM PST |
Haiti violence fears lift, U.S. troops help deliver aid Posted: 19 Jan 2010 10:04 PM PST |
Republican wins U.S. Senate race in Massachusetts Posted: 19 Jan 2010 10:04 PM PST |
Republican wins U.S. Senate race in Massachusetts Posted: 19 Jan 2010 09:06 PM PST |
INTERVIEW - Donors must stick with Haiti - Zoellick Posted: 19 Jan 2010 09:06 PM PST |
Universal Studios signs US$2.7b deal to build theme park in South Korea Posted: 19 Jan 2010 08:14 AM PST SEOUL: US film giant Universal Studios yesterday signed a deal with South Korean partners to build its largest theme park in Asia at a cost of around 3 trillion won or about US$2.67 billion (US$1 = RM3.34). Universal Parks and Resorts and 14 South Korean partners, including Lotte Group and a subsidiary of steel giant Posco, signed the framework agreement to develop the park at Hwaseong by 2014. The initial deal was announced in late 2007 but faced problems raising capital until retail and hotels group Lotte was persuaded to join the project. Universal Studios also operates theme parks in Hollywood, Orlando in Florida and Japan, and a park on Singapore's Sentosa Island is nearing completion. When completed, the South Korean resort 40km southwest of Seoul will be larger in area than all four combined and will create more than 40,000 jobs, according to Kim Moon-Soo, governor of Gyeonggi province. Lotte Asset Development will have a 26.7 per cent stake, while Posco's construction subsidiary Posco E and C is the second largest shareholder with 24.4 per cent. Work is due to start in March next year on the venue, which will include a water park, theme hotel, apartments, a golf course and other facilities. Culture Minister Yu In-Chon called it "a major opportunity to develop the national tourism industry". Universal Parks and Resorts chairman and chief executive officer Thomas Williams said he was very optimistic the resort would attract "a substantial segment" of the South Korean population as well as a growing number of Asian international tourists. - AFP |
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