Erik Pineda

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Samsung Admits Delays on Galaxy Note Android Update

The long wait for the Android 4.0 update for Samsung's Galaxy Note has been further extended, with the giant Asian mobile device maker admitting this week that Ice Cream Sandwich's (ICS) arrival will be delayed.

Woodside Reveals Impending LNG Shipments from Pluto Project

The $200 billion liquefied natural gas (LNG) fresh initiatives in Australia got another boost this week as Woodside Petroleum Ltd revealed the imminent shift to full production activity of its Pluto LNG processing facility in Western Australia.

New BREE Data Points to Record Commodities Earnings

Soft orders and oversupply could drive down the global market price of commodities but Australia's earnings from shipments of the products will continue climbing, according to the latest estimates provided Wednesday by the Bureau of Resources and Energy Economics (BREE).

Westpac Survey Reveals Snags on Economic Growth

The Australian economy saw its slowest growth pace in the last quarter of 2011, according to the latest Westpac-Melbourne Institute leading index of economic activity, which paved the way for a measly growth rate at the start of the current year.

David Jones Outlines Strategic Plan to Cut Costs

Emerging from the trading halt it sued for at the start of the week, David Jones laid out on Wednesday a new plan that hopefully would enable the country's second biggest department store to recover from the slumps it suffered lately.

MRRT Gets Final Green Light from Senate

Prime Minister Julia Gillard scored a victory Monday night as the Australian Senate approved her proposed minerals resource rent tax (MRRT) that will soon collect 30 percent tax from profits generated by the country's mining giants.

Australia still Unprepared for Carbon-Less Economy

The Australian economy lags behind its peers among the developed nations in readiness for less carbon emissions, according to the new global climate leadership review released Monday by the Climate Institute.

Labor Remains Confident on Benefits of MRRT, Insists on Tax’s Present Form

The mining tax will keep its present form as Prime Minister Julia Gillard insisted on Monday to "bring the legislation to Parliament exactly as we outlined," even as her deputy, Federal Treasurer Wayne Swan, earlier maintained that the new tax will spur more mining activities and deliver on its pledged benefits.

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