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Singapore: MAS to make it easier for banks to invest in non-financial businesses

SINGAPORE: Banks will soon find it easier to invest in non-financial businesses with the Monetary Authority of Singapore (MAS) looking at easing regulations. The upcoming policy change was announced on Tuesday evening (Jun 27) as the authority seeks to update its framework separating banks’ financial and non-financial business. Speaking at the 44th annual dinner of the Association […]

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Philips to buy US Spectranetics in 1.9 billion euros deal

Philips , the Dutch medical equipment maker, said on Wednesday it will acquire U.S.-based Spectranetics Corp for 1.9 billion euros (US$2.16 billion), including debt, in a deal agreed with the company’s boards. Philips , the Dutch medical equipment maker, said on Wednesday it will acquire U.S.-based Spectranetics Corp for 1.9 billion euros (US$2.16 billion), including […]

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Vietnam: Branding critical for enteprises development

The Hanoitimes – Along with appropriate business strategies, modern technology application and products’ qualities enhancement,branding development and protection is key for enterprises to operate in a globalized context. However only a few Vietnamese companies focus on branding. 80% of enterprises only pay 5% for branding  Together with the expansion of the market economy, the number of […]

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Vietnam looks to turn home firms into enterprises

HANOI — In order to transform household businesses into enterprises, it is necessary to use “economic levers” rather than “administrative orders”, deputy director of the Central Institute for Economic Management (CIEM) Phan Duc Hieu said in a Hanoi-based conference yesterday. The conference, organised by Vietnam Chamber of Commerce and Industry (VCCI) in cooperation with Bank for Investment and Development of Vietnam (BIDV), drew […]

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