Investment

Investment policy and regulation

Thai BJC to seek $6.2 bln loan for Big C purchase; shares drop

Thailand’s Berli Jucker PCL (BJC) said it would seek a short term loan and may consider an equity issue to fund a planned $6.2 billion acquisition of hypermarket operator Big C Supercenter PCL , sending its shares down 5 percent.   Berli, controlled by Thai tycoon Charoen ...

Domestic retailers urged for better links

Vietnamese domestic enterprises in the retail industry should strengthen their connections to take better advantages of resources and increase their competitiveness over foreign investors, Chairman of the Hanoi Supermarket Association Pham Vinh Phu said. According to Phu, Vietnamese retailers are vulnerable to integration because of their ...

Mid-term public investment need estimated at almost $495m

Vietnam’s Ministry of Construction has completed its mid-term public investment for 2016-2020 under the Law on Public Investment to submit to the Ministry of Planning and Investment. Under the plan, total public investment need for the period is estimated at nearly VND11 trillion (US$495 million), equal to ...

Thai FDI soaring in nearby lands

Thailand’s outward foreign direct investment (FDI) is flourishing as investors large and small rev up international expansion in line with the government’s commitment to supporting such investment and helping companies secure cheaper raw materials. Keep reading ...

CDC says investments up by 18 pct in 2015

Investments in Cambodia grew by 18 per cent last year, with a bulk of this capital flowing into the infrastructure, agriculture and tourism projects, the Council for Development of Cambodia announced on 3 February. Keep reading ...

Vietnam targets high growth to 2020

Vietnam aims to achieve annual average economic growth of 6.5 per cent to 7 per cent through 2020, striving to turn itself into an advanced industrial country soon, according to the Resolution of the 12th National Party’s Congress. The Resolution, approved and made public at the ...

Strong FDI inflows to drive Vietnam's economy this year: forecast

As foreign investment will remain strong this year, both manufacturing and construction sectors in Vietnam will see positive growth, helping the economy rise 6.9 percent, according to a new Standard Chartered Bank report.   It will be the second highest growth in Asia, after India, the London-headquartered ...

Vietnam FDI surges this month

Foreign direct investment (FDI) in Vietnam rose impressively by 101.2 per cent to more than US$1.33 billion in January of this year, according to the Foreign Investment Agency. Up to 127 new foreign-invested projects, worth more than $1 billion, were licensed as of January 20, surging ...

Thai bank buys Cambodian MFI in mammoth deal

In what may be the biggest deal in Cambodia’s financial sector history, Thailand-based Bank of Ayudhya has reached an agreement to acquire the local microfinance institution (MFI) Hattha Kaksekar, with the deal expected to be valued at upwards of $140 million. In a statement released on ...

Myanmar allows 40 percent foreign ownership in condominiums

Myanmar’s Union Parliament approved on 22 January the draft Condominium Law to allow 40-per-cent foreign ownership. Under the law, foreigners can buy up to 40 per cent of condominium units. Keep reading   ...

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