Monthly Archives: August 2013

Vietnam foreign investment closes in on full-year target

Foreign direct investment (FDI) this year has been worth US$12.63 billion, and analysts believe that the full-year target of $13-14 billion will be achieved or even exceeded. The investment in the first eight months represents a year-on-year increase of 19.5 … Continue reading

Posted in Business, Economy, Global Sourcing | Tagged , , , , , , , , , , , | Leave a comment

Pakistan, China textile industry agree on joint working group

Pakistan’s textile industry and leading Chinese textile and clothing associations’ leadership have agreed to form a joint working group for providing match-making services to the prospective investors in realizing new projects in textile industry through joint ventures.   In this … Continue reading

Posted in Business, Economy, Global Sourcing | Tagged , , , , , , , , , | Leave a comment

China keen to review and improve FTA with ASEAN

Prime Minister Lee Hsien Loong, who is in China for a one-week visit, has said that China is keen to review and improve its Free Trade Agreement (FTA) with ASEAN (Association of Southeast Asian Nations), and that Singapore will do … Continue reading

Posted in Business, Economy | Tagged , , , , , , , , , , | Leave a comment

Thai company to establish cement plant in Myanmar

Siam Cement Plc (SCG), Thailand’s top industrial conglomerate, is moving ahead with its 12.4-billion-baht plan to build a cement plant in Myanmar to strengthen its leading position in Southeast Asia. President and chief executive Kan Trakulhoon said SCG’s board of … Continue reading

Posted in Business, Economy | Tagged , , , , , , , , , , | Leave a comment

Blackstone eyes Europe, Asia for real estate investment

Global investment giant Blackstone is reshuffling its vast real estate portfolio, shedding US assets to buy new ones in Europe and Asia. The New York-based firm has plenty of firepower, with US$64 billion in real estate assets under management, the … Continue reading

Posted in Business, Economy | Tagged , , , , , , | 1 Comment

Taiwan’s export orders improve slightly in July

Taiwan’s export orders recovered slightly in July, ending five successive monthly declines on improving demand from major markets including the United States and China, the government said Tuesday. Export orders — orders filed to manufacturers one or two months ahead … Continue reading

Posted in Business, Economy, Global Sourcing | Tagged , , , , , , , , , , , | Leave a comment

US businesses remain committed to investments in ASEAN

More U.S. investments will be pouring into ASEAN, according to the latest ASEAN Business Outlook Survey 2013-2014. 2013 marks the 12th year of the ASEAN Business Outlook Survey. This survey includes responses from American business representatives in all 10 ASEAN … Continue reading

Posted in Business, Economy, Global Sourcing | Tagged , , , , , , , , | Leave a comment