Search results

Results 3861 - 3880 of 4437
  • Big Japanese builders stepping up Southeast Asian game

    TOKYO -- Japan's leading construction companies are seeking out new opportunities in Southeast Asia, aware that the domestic market's current strength might not last after the 2020 Tokyo Olympics. Obayashi plans to launch a real estate business

    August 5, 2014 03:08 am JST
  • Sapporo to launch beverage production in Myanmar via tie-up

    TOKYO -- The Sapporo Holdings group plans to license production of fruit-flavored drinks to a trading company in Myanmar this fall, setting up a foothold in the rapidly expanding Southeast Asian market. Pokka Sapporo Food & Beverage will join ha

    August 5, 2014 02:18 am JST
  • Singaporean sovereign wealth fund's best performance in 5 years

    SINGAPORE -- The Government of Singapore Investment Corporation (GIC), a major sovereign wealth fund, has announced a 20-year real rate of return of 4.1% after adjustment for global inflation in its report for the 2014 financial year ending in March

    August 4, 2014 11:20 pm JST
  • Korn Chatikavanij: Southeast Asia and Thailand need passion and speed

    Looking at the ongoing tragedy in Ukraine, it has become apparent that the conflict there is happening because of the weakened positions of both the U.S. and Europe in the current geopolitical landscape. This phenomenon is creating power vacuums in

    August 4, 2014 10:00 pm JST
  • SAP turning data security worries to its advantage in Asia

    HONG KONG -- New national regulations on "data sovereignty" are powering a drive by German business software company SAP to set up data centers around the Asia-Pacific region. The company's board is now deciding whether to set up a data center i

    August 4, 2014 07:00 pm JST
  • OCBC sends new CEO for Wing Hang Bank

    SINGAPORE -- Singapore's Oversea-Chinese Banking Corp. (OCBC) announced last Friday the appointment of Na Wu Beng as the new CEO of newly-acquired Wing Hang Bank of Hong Kong. Na will replace Patrick Fung, 67, who is the son of Wing Hang's founder,

    August 4, 2014 03:30 pm JST
  • Everyone can fly but Southeast Asia's budget airlines are cannibalizing the industry

    SINGAPORE -- Southeast Asia's budget airlines are growing frail from all the fare cuts they are forcing upon one another. Cut-rate carriers profit by squeezing their own costs and charging for certain services that some traditional airlines stil

    August 4, 2014 01:00 pm JST
  • Singapore building up precious asset: Entrepreneurs

    TOKYO -- Singapore is proving adept at spawning innovative entrepreneurs thanks to solid support from the government. One symbol of this backing is T.Ware, a technology company founded in 2011. Its hallmark invention is the T.Jacket, which helpe

    August 3, 2014 01:00 pm JST
  • Chinese companies drawn to foreign IPOs' fundraising prowess

    HONG KONG -- A growing number of Chinese companies are looking to list on bourses outside mainland China, aiming to boost their fundraising ability and bypass government regulations on initial public offerings. This move toward exchanges in such

    August 2, 2014 01:50 am JST
  • Jardine Matheson first half net profit up

    SINGAPORE -- Jardine Matheson Holdings, a Hong Kong-based conglomerate listed in Singapore, has announced that net profit for the group for the first six months of 2014 was $818 million -- 4% up on last year. Jardine's result gained a one-off b

    August 1, 2014 10:51 pm JST
  • DBS breaking records in 2014

    SINGAPORE -- As its half-year earnings crossed the 2 billion Singapore dollar mark ($1.6 billion) for the first time, DBS Group Holdings has seen net profit for the second quarter ending in June rise 9% year on year to S$969 million. The result was

    August 1, 2014 09:29 pm JST
  • Minor partners with BreadTalk for Thai expansion

    BANGKOK -- Minor International, a Thai conglomerate that operates hotels and restaurants, said Friday that subsidiary Minor Food Group will form a joint venture with BreadTalk Group to expand the Singapore bakery chain's operations in Thailand. Th

    August 1, 2014 07:17 pm JST
  • Samudra Energy IPO attracts Chinese tycoons

    KUALA LUMPUR -- Singapore-based Samudra Energy has enticed billionaires Li Ka-shing, Robert Kuok and Quek Leng Chan as cornerstone investors for its upcoming listing in Singapore. The upstream oil and gas company is being floated to raise between

    July 31, 2014 10:46 pm JST
  • Panasonic sprouts vegetables in Singapore

    SINGAPORE -- Panasonic, the Japanese electronics giant, has announced its entry into high tech indoor farming in land-strapped Singapore. Panasonic Factory Solutions Asia Pacific, a regional subsidiary that provides manufacturing systems, is star

    July 31, 2014 09:44 pm JST
  • Singaporean fund GIC buys into top Indian e-tailer Flipkart

    SINGAPORE -- The sovereign wealth fund that manages Singapore's foreign reserves has invested in Indian e-commerce company Flipkart. GIC took part in Flipkart's latest round of fundraising, which collected a total of $1 billion. That is apparent

    July 31, 2014 07:00 pm JST
  • Singapore Airlines' profits nosedive

    SINGAPORE -- Singapore Airlines (SIA) posted a net profit of 34.8 million Singapore dollars ($28 million) for the first quarter ending in June of the 2015 financial year -- a 71% plunge on the same period last year. A company announcement on Wed

    July 31, 2014 12:28 am JST
  • Corporate Japan goes a-courting in Southeast Asia

    TOKYO -- Japan's listed companies are getting serious about building ties with investors in the Southeast Asian markets that are increasingly driving their growth. More than 50 corporate heavyweights made that quite clear early June, when they took

    July 31, 2014 12:00 am JST
  • Chinese investors continue scooping up British brands

    LONDON -- The wave of Chinese investment in the U.K. is showing no signs of cresting. China- and Hong Kong-based private equity firms are snapping up Western brands, and Britain, with its open economy and numerous well-established companies, is seen

    July 31, 2014 12:00 am JST
  • Singapore's StarHub to roll out Japanese animation channel

    SINGAPORE -- StarHub, Singapore's telecommunication and TV service provider, will begin airing popular Japanese animation titles such as "Attack of Titan" on a new channel, starting Thursday. Broadcasts on the new channel will be in high definit

    July 30, 2014 03:27 pm JST
  • OCBC acquires 97.52% of Wing Hang Bank shares

    SINGAPORE -- Singapore's Oversea-Chinese Banking Corp. announced Tuesday that it has secured 97.52% of Hong Kong's Wing Hang bank shares. OCBC will soon apply to delist Wing Hang from the Hong Kong stock exchange. OCBC's $5 billion deal to acqu

    July 30, 2014 02:50 pm JST