Asian stocks rallied for the first time in three days after China announced a US$586b package on infrastructure spending, tax deductions and farming subsidies to revive growth in the world’s fourth-largest economy.

Oil prices rebounded from a 13-month low Monday, pushing above US$81 a barrel after the dollar weakened and investors trickled back into financial markets on hopes that a globally coordinated rescue plan will stave off an economic crisis.

As part of its plans to speed up its growth and gain market visibility, China Fibretech (CF) launched an initial public offering (IPO) to net proceeds of $16.3m.

For this issue, we have conducted an exclusive interview with Glenndle Sim, CEO of Mencast Holdings, a leading manufacturer of marine sterngear equipment that is poised to ride on the growth of the buoyant offshore oil and gas and marine industry.