In the medium-term, ASEAN could also develop an investment plan that would help build needed infrastructure, establish a sub-regional commodities exchange
in the Greater Mekong Sub-region, provide market information and intelligence, and offer programs to develop farming skills.
In the medium-term, ASEAN could also develop an investment plan that would help build needed infrastructure, establish a subregional commodities exchange
in the Greater Mekong Subregion, provide market information and intelligence, and offer programs to develop farming skills.
The Kansai Commodities Exchange and Fukuoka Futures Exchange signed an agreement Friday to merge.
The merger will be implemented under the arrangement that the Fukuoka Futures Exchange will be technically absorbed by the Kansai Commodities Exchange under relevant regulations.
The integrated bourse will assume the name of the Kansai Commodities Exchange with its headquarters' location to be registered as Osaka.
Kansai Commodities Exchange Chairman Makoto Iwamura said the move would enhance its competitive edge over rival bourses.
Lippman dismissed the claims brought against New York State, New York City and the four commodities exchanges that will occupy the building by two community associations and four individuals.
Three or four competing bids - one from the Chicago Exchange and another from subsidiaries of the New York Stock Exchange - have been made for the purchase of the Commodities Exchanges. There are also proposals being floated by members of the real estate industry for a new New York Stock Exchange headquarters in lower Manhattan that would also accommodate the Commodities Exchange.
But, Alan Hanson, spokesperson for the Commodities Exchanges, said they still expect to break ground in 1993 despite some questions surrounding project design and financing remain unanswered.
A New York State Supreme Court judge last week ruled in favor of the sponsors of the Commodities Exchange project planned for the TriBeCa section of Manhattan.
Despite strong community opposition, the Land Use Committee of The New York City Council voted 12 to 2 last week to approve two modified designs for the commodities exchange
project in Lower Manhattan.
At a public hearing last week, community groups and their residents were out in full force to express their dissatisfaction with the proposed 1.1 million-square-foot Commodities Exchange building planned for Tribeca.
The new headquarters for the five separate operating and legal entities and member firms of the Commodities exchange is being built in partnership with the city's Economic Development Corporation and the State Urban Development Corporation.
In addition to the Commodities Exchange
project, the attorneys are currently involved on Manhattan's West Side with the Capital Cities/ABC project rising due North of Dan Brodsky's residential building and due East of the Riverside South plan.