Canada’s two biggest pension funds have agreed to partner with Logos, a real estate logistics operator, to invest in warehouses in Singapore and Indonesia, betting on demand from the rise of e-commerce and a burgeoning middle class in South-East Asia. Canada Pension Plan Investment Board (CPPIB), the top pension fund of the country, said in […]
Read MoreTEMPO.CO, Jakarta – Indonesia will hold the Indonesia Investment Week Singapore Chapter 2017 on July 13-15 in the Marina Bay Sands, Singapore. According to Zaidin A. Zaiti, PT Eksibit Internasional president director, the event would promote investment opportunities in Indonesia to foreign investors. Eksibit Internasional is the organizer of International Investment Week since 2004. The […]
Read MoreDollarized economy constrains the government from funding development of infrastructure and society. Two images on the back of the 500 riel banknote depict bridges, with the one on the left showing the Kingdom’s longest and most modern bridge, the Tsubasa (“Bird’s Wing”) Bridge linking Kandal and Prey Veng provinces. The bridge was built with $127 […]
Read MoreKUALA LUMPUR : Petroliam Nasional Bhd (Petronas) saw its profit after tax grow 12% to RM23.5bil for the financial year ended Dec 31, 2016, from RM20.9bil in 2015. The national oil company said on Tuesday its FY16 earnings growth was due to lower operating expenditure and tax expenses partially offset by lower average prices. During […]
Read MoreAsean members are holding to their vow to cut import tariffs on 90% of products, amounting to 5,000-6,000 items under the Regional Comprehensive Economic Partnership (RCEP), over the next 15 years. They also plan to push for the conclusion of negotiations this year. According to Commerce Minister Apiradi Tantraporn, who just returned from the 23rd […]
Read MoreNew business registrations rose 3% in February, driven by the economic recovery, state stimulus measures and higher private investment. According to Banjongjitt Angsusingh, director-general of the Business Development Department, the number of new business registration totalled 5,700, with combined registered capital of 26.98 billion baht. “Higher registration came in line with the country’s economic recovery […]
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Thailand
