Vietnam is emerging as one of the world’s hottest markets for private equity investments thanks to its high rate of return, driven by the country’s rapidly growing economy and the government’s fine-tuned policies. Mekong Capital has recently announced that its Mekong Enterprise Fund II (MEF II) has successfully divested 100 percent of its final remaining […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures fell on Wednesday to their lowest in nearly two weeks in the second half of trade, tracking losses in U.S. soyoil and on weak export demand. Also, weighing on sentiment was weakness in the Indian rupee which has made imports expensive for local buyers in the South Asian nation. This will hurt palm oil […]
Read MoreTurkey’s currency crisis may create an opportunity for foreign investors to snap up Thai bonds because Thailand’s low inflation supports bond investment returns, says Kasikornbank (KBank). “Some fund managers that lack discernment may not realise that this is a good opportunity to pick up Thai asset classes that have strong fundamentals and satisfying returns,” said Kobsidthi Silpachai, […]
Read MoreThai commercial banks witnessed a first-time contraction of 11.2% in fee-based income from fund transfers in the second quarter of the year, due to waived fees on digital banking transactions. In the second quarter this year, commercial bank revenue from fund transfers was 5.27 billion baht, a contraction of 11.2% compared with the same period last […]
Read MoreKUALA LUMPUR: The government has yet to finalise the direction for the East Coast Railway Line (ECRL) project in respect of whether to continue with it or otherwise, and is dependent on discussions currently underway. Finance Minister Lim Guan Eng said the Selangor state government had opposed the project as the rail network from Gombak […]
Read MoreThe Hanoitimes – The equity internal rate of return (EIRR) of the project shall be not less than 12%, stated B.Grimm Power. The board of directors of B.Grimm Power, the power generation arm of Thailand-headquartered B.Grimm Group, on August 10 approved the investment in 257-MW solar power plant project in Vietnam, announced the company in a […]
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