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Cambodia: Mango exporter fights for market share

While Cambodian mango varieties such as Keo Romeat are well regarded in overseas markets, there are constraints which need to be addressed before large scale exports can be achieved, said the owner of the largest agro-industrial company in Cambodia yesterday. Mong Reththy, owner and founder of the Mong Reththy Group Co. Ltd., told Khmer Times […]

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GM to cut jobs in international HQ in Singapore: source

[SINGAPORE] General Motors Co will slash headcount in its international headquarters in Singapore as part of its efforts to reduce exposure to unprofitable and unpromising markets. GM International – which oversees markets such as India, Southeast Asia, and South Korea, among others – will reduce its staff to about 50 from 180 by the year […]

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Singapore state fund takes direct stake in BPI

MANILA, Philippines – GIC Private Ltd. of Singapore now has a direct stake in Ayala-led Bank of the Philippine Islands (BPI) more than three years after it acquired a stake in the country’s third largest lender.  Liontide Holdings Inc., formerly Ayala DBS Holdings Inc., transferred 46.63 million shares worth P4.56 billion last May 11 through […]

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