The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Asia/Pacific
Petronas Sees US$20 Billion Investment for Canadian LNG project
A US$20 billion investment is expected by Petronas for its LNG project with decisions to be finalized within this year.
Despite Vietnam Refinery Plan, Idemitsu to Expand Singapore Oil
Idemitsu Kosan Co. planned expansion in its Singapore unit even with an impending new refinery operation to start in Vietnam by 2017.
Lucio Tan to Consider Exiting Philippine Airlines After Two Decades
Billionaire Lucio Tan is considering to exit the aviation industry by means of share sale after two decades in the business.
Axis, ICICI, HDFC Bank Gets Fined for KYC Violations
The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.
Latest News
The Reserve Bank of India enforces penalties against three banks for money laundering and fraud violations.
Emerging markets, including China, South Africa and Turkey, fell 10% from this year's peak. (Photo : Reuters)Kit Digital Inc's former chief executive significantly lowered the price he was willing to pay to buy the video technology provider, citing the company's worsening liquidity and capital structure issues.
Thailand provides a short list of bidders for water management projects after experiencing huge damage from the worst flood incident in the country in 70 years.
Oil India Ltd., and Oil & Natural Gas Corp., will acquire Mozambique's Videocon Industries Ltd., to increase their overseas production and oil reserves.
Softbank's SB Energy and Mitsui & Co. partner with Green Power Investment Corp. to create a wind farm in Western Japan.
AirAsia Bhd.'s and ANA Holdings Inc.'s tieup may soon dissolve. (Photo : Reuters)AirAsia is completing its deal to buy up to 100 jets from Airbus.
Amid the booming air travel industry, Nok Air and AirAsia X announced IPO for their shares to be used for the companies' expansion plans.
Kapil Siba, Indian Communications Minister, has called to meet different telecom companies to end lawsuits after a decrease in overseas investment transpired in the country.
Big debts are seen looming as bold bets on acquisition from two Thai billionaires totaled US$27 billion last year.
