Tag: Investments

Retail Asia09/01/2017
6min
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 Secretary Carlos Dominguez III, Singaporean Ambassador to Manila Kok Li Peng said Singapore’s private […]

Retail Asia18/10/2016
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6min0
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 investment worth US$858.7 million coming into the tourist sector. The tourism Ministry’s deputy for […]

Retail Asia29/08/2016
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2min0
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, 2016, that Toyota has made Rp10 trillion investment of its planned investment in Indonesia, as promised by Toyota Motor […]

Retail Asia22/06/2016
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1min0
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. While Tsai acknowledged that India’s overcrowded market has resulted in heavy price competition, he said that the […]

Retail Asia09/05/2016
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1min0
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 investment in Indonesia. “To attract more investment, the BKPM will [cooperate] with the Indonesian honorary consul in […]

Retail Asia04/04/2016
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8min
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 answers directly to the President’s Office, meets several times a month to approve foreign, joint-venture and local investments. According […]

Retail Asia02/09/2015
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3min
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 unit is Hon Hai Precision Industry Co Ltd, said last year it may invest $1 billion in Southeast […]


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