Toyota Motor will invest $10 billion in the United States over the next five years, the same as in the previous five years, North America Chief Executive Jim Lentz said on Monday, to meet demand and upgrade plants to build more fuel-efficient models. The…
The government of Singapore has expressed interest in further increasing its investments in the Philippines, as well as adding more flights to Manila in anticipation of increased demand in air travel between the two countries. In a recent meeting with Finance…
Indonesia is planning to open up state-owned run infrastructure, such as toll roads, to private investors in an effort to generate fresh funding for new projects. President Joko “Jokowi” Widodo said on Wednesday that he would ask some state-owned enterprises…
The government will likely need to review its strategy in promoting its priority tourist destinations, as data shows that recent tourism investment mainly headed to just two popular regions. During the first six months of this year, the country has seen…
Toyota will continue its major investment plan in Indonesia, particularly in manufacturing, up to Rp20 trillion by 2020. PT Toyota Motors Manufacturing Indonesia (TMMIN) deputy president director Warih Andang Tjahjono in Tokyo, Japan, said Sunday, August 28,…
Global telecoms group VimpelCom has announced plans to invest $1 billion in its Pakistani operations over the next five years. The company plans to roll out what it says will be one of the largest and most ambitious IT infrastructures in the industry for its…
Taiwan Mobile is considering investing in the telecoms markets of India and Indonesia due to their strong growth potential. At the operator’s annual general meeting, chairman Richard Tsai said the company is evaluating opportunities to enter the markets.…
Franky Sibarani, Chairman of the Indonesia Investment Coordinating Board (BKPM) met with Indonesian Ambassador to New Zealand Joze Tavares in Auckland last Wednesday, May 4, 2016. The meeting was held to coordinate New Zealand’s plan to increase its…
The Myanmar Investment Commission (MIC) has approved an unusually large number of projects in its final meeting before the new government takes office, including luxury resorts, office towers, port developments, factories and roads. The commission, which…
The tech sector is always a main focal point for investors and consumers’ alike as it lays down the bench mark for what will be common place for most people whether it is in the home, places of business, or recreationally. In the bustling IPO market which…
Taiwan’s Foxconn Technology Group, the world’s biggest electronic components maker, has cancelled plans to invest in a factory in Indonesia, Kontan daily reported on Tuesday, citing the head of an Indonesian business chamber. Foxconn, whose flagship listed…