MANILA, Philippines – Consumer goods giant Unilever has commenced construction of the largest distribution center in the Philippines, which forms part of the company’s six-year P6 billion investment commitment in the country. Spanning 13.7 hectares, the distribution center is located at the heart of Luzon’s manufacturing and industrial hub in Cabuyao, Laguna which will house […]
Read MoreKUALA LUMPUR: The ringgit opened higher against the US dollar today as the greenback eased against the major currencies on the back of optimism on the euro following the first round result of French election. At 9.13 am(0113gmt) Tuesday, the ringgit stood at 4.3890/3920 against the greenback from 4.3980/3000 registered at 6pm on Friday. (Monday […]
Read MoreSpot demand from Vietnam amid tighter availability of gasoil is expected to boost prices and margins for the fuel, traders said on Monday. Traders said Vietnam’s top fuel importers are seeking 85,000 tonnes of diesel ahead of a planned shutdown of the country’s sole 130,000 barrels-per-day refinery at Dung Quat in June that is expected to last 52 days. […]
Read MoreThe bridge connecting Chrey Thom district in Kandal province to Long Binh in Vietnam’s An Giang province was officially launched yesterday by Prime Minister Hun Sen and his Vietnamese counterpart Nguyen Xuan Phuc. “The Chrey Thom-Long Binh Bridge is an important cross-border gate for people in Cambodia and Vietnam,” said Mr. Hun Sen at the […]
Read MoreTEMPO.CO, Jakarta – Malaysia-based construction company Eversendai expressed its interest in investing in Indonesian properties, oil and gas, petrochemical, electricity and EPC (engineering, procurement, and construction) projects. “They are also interested in establishing a medium-scale joint venture with Indonesian companies,” Villages, Disadvantaged Regions and Transmigration Minister Eko Putro Sandjojo said in press release after a meeting […]
Read MoreThe prospect of Thailand’s exports growing by 5% this year looks good after outbound shipments for March fared better than expected, jumping 9.2% year-on-year. Nopporn Thepsithar, acting president of the Thai National Shippers’ Council, said yesterday for the first time that Thai exports have a chance to grow by 5% as targeted by the government, […]
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