Monthly Archives: March 2015

Thai firms using M&A route to enter Vietnam

A growing number of Thai companies are moving into Vietnam through mergers and acquisitions (M&As), taking advantage of that country’s close proximity and cultural compatibility, says HSBC. Tan Siew Meng, chief executive officer of the Hongkong and Shanghai Banking Corporation’s … Continue reading

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Indonesia gets $74b business commitments

Indonesian President Joko “Jokowi” Widodo has brought back business commitments worth a total of US$74.34 billion in various planned projects and investments from his weeklong state visits to Japan and China through Saturday, a senior government official said. Upon arrival … Continue reading

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China to boost ‘Made in China 2025’ strategy

China’s State Council pledged Wednesday to boost the implementation of the “Made in China 2025” strategy, which will upgrade the manufacturing sector. Accelerated industrialization is supported by the manufacturing sector, according to a statement released after an executive meeting of … Continue reading

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Canada to open first renminbi trading hub in the Americas

Ontario is launching the Americas’ first trading hub for the Chinese currency renminbi (RMB), which will enable businesses across Canada to convert Canadian dollars directly into Chinese currency. The new hub is meant to reduce costs for businesses and boost … Continue reading

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Aerospace industry in for big business in Malaysia

The aerospace industry is big business – within the next 15 years, the Government is projecting the industry, which includes aircraft maintenance, repair and overhaul (MRO) services as well as manufacturing of high-tech components, to generate total revenue of 55.2 … Continue reading

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‘It’s time to free up the yuan’

The reform aims to meet the International Monetary Fund’s requirements before its evaluation on whether the yuan could be a part of Special Drawing Rights. This means the yuan would join the US dollar, euro, pounds sterling and Japanese yen … Continue reading

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China remains top foreign investment destination

Foreign investment appetite remains but more certainty from clearer rules and regulations will help businesses invest in opportunities arising from China’s economic transition, said Dennis Nally, chairman of professional services group PriceWaterhouseCoopers International Ltd. “When there are unclear issues out … Continue reading

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