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Malaysia: 7-Eleven soon to be pharmacy play

PETALING JAYA: 7-ELEVEN MALAYSIA HOLDINGS BHD  is looking to get a foothold in the thriving Malaysian pharmaceutical industry following its proposed acquisition of Caring Pharmacy Group  Bhd recently. Analysts are positive on the proposed acquisition and see earnings accretion for 7-Eleven from the deal. As the acquisition price is also done at 27 times price earnings (PE) multiples, which […]

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Philippines: Exports to grow 2 to 4% this year

MANILA, Philippines — Total exports of the country would likely grow by two to four percent this year, with the increase to be driven mostly by the services sector, the Department of Trade and Industry (DTI) said over the weekend. For next year, the DTI expects total exports to rise by four to six percent […]

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Thailand: FTI, BoT support SMEs’ overseas ambitions

The Federation of Thai Industries (FTI) and the Bank of Thailand have agreed to launch new measures for Thai small and medium-sized enterprises (SMEs) to encourage them to expand overseas. The two parties will select 50 competitive companies from five industrial sectors: auto parts, rubber, food and processed food, home appliances and electronics, and furniture. […]

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