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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
Posted in Business, Economy, Global Sourcing
Tagged AEC, ASEAN, Asia, business, economic, economy, Global, growth, Investment, manufacturing, southeast asia, Technology, Thailand, trade, Vietname
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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
Posted in Business, Economy, Global Sourcing
Tagged AEC, ASEAN, Asia, automaker, automotive, business, china, economic, economy, Indonesia, Investment, Japan, Manufacturer, southeast asia, Suzuki, Toyota, trade
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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
Posted in Business, Economy, Global Sourcing
Tagged ASEAN, Asia, business, china, economic, economy, Export, factory, Global, import, Investment, investors, manufacturing, trade
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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