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Pakistan mulls IPO for three major power distribution companiesKARACHI, Pakistan : Pakistan is considering selling stakes in three high performing state-owned power distribution companies through an initial public offering, officials said on Wednesday, as the country looks to resolve financial issues facing the debt-ridden sector.The South Asian nation's power sector
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Commentary: How a Tharman presidency could boost Singapore’s international brandingWith his resounding victory, Mr Tharman Shanmugaratnam’s upcoming term as Elected President could take Singapore’s country brand to a whole new level.
Source: TODAYonline - 🏆 1. / 99 Read more »
Pakistan's interim PM says Saudi Arabia to invest $33.9b over next five yearsISLAMABAD — Saudi Arabia will invest up to US$25 billion (S$33.9 billion) in Pakistan over the next two to five years in various sectors, Pakistan's caretaker Prime Minister Anwaar-ul-Haq Kakar said on Monday (Sept 4), adding his government would also revive a stalled privatisation process. The South Asian nation is embarking on a tricky path to economic recovery under a...
Source: asiaonecom - 🏆 10. / 59 Read more »
Philippine $3 billion airport project has three potential biddersJAKARTA : A 170.6 billion pesos ($3 billion) project to modernise the main international airport in the Philippines has attracted three potential bidders, including India's GMR Group, the Philippine transportation secretary said on Wednesday. Ranked among the world's worst international gateways, the agin
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tsinghua Unigroup's chief said company will expand internationally, targeting SE AsiaBEIJING : Chinese state-owned semiconductor company Tsinghua Unigroup plans to accelerate its international expansion, with Southeast Asia one of the most important regions, Chairman Li Bin said Wednesday at the AIPF event in Jakarta during the ASEAN summit. Tsinghua Unigroup operates three factories in I
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
South Korea should maintain current monetary, fiscal policies, IMF saysSEOUL : South Korea should maintain current, restrictive monetary and fiscal policies as it needs to take steps to return to sustainable finances and address inflation, the International Monetary Fund (IMF) said on Wednesday.'The monetary policy rate should stay above neutral for the time being to address
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »