Due to inefficiencies related to the country's 3G mobile service providers, the licence for the more modern 4G service will be put on hold until around 2018, experts have said.
The Bank of Japan further eased monetary policy, increasing its asset purchase programme by 10 trillion yen ($130 billion) to about 65 trillion yen, as it looks to end deflation.
Financial markets rose after Greek lawmakers approved radical budget cuts to secure fresh aid and avoid bankruptcy after a day of street battles left dozens injured and buildings ablaze.
A widening split in the global aviation industry over an unpopular European carbon tax may trigger a trade war, the head of plane manufacturer Airbus said Monday.
2011 was the bustling year of merger and acquisition deals with the total value of the successful deals reaching USD2.67 billion, or 50 percent higher than that of 2010.
The ADB and the Government of Vietnam on February 10 signed the first tranche of a US$730 million investment program to upgrade the country’s power transmission network.