Tata Motors reported that its investments in Indonesia is aimed to make the country its export hub. Tata Motors Ltd. has made it clear that they will make Indonesia an export hub for their vehicles to the rest of Southeast Asia.
Industry
Philippine FDIs skyrockets - Central Bank
According to the Central Bank of the Philippines, foreign direct investments in the country leaped in April.
India’s Telecom Ministry to release guidelines for mergers and acquisitions
The Indian Telecom Ministry will release guidelines for mergers and acquisitions by the end of the month.
Fiat and Peugeot to enter into US$900-million delivery van venture
Fiat and Peugeot entered into a US$900-million agreement to improve delivery van models. To cut costs in ageing delivery van models, Fiat SpA and PSA Peugeot Citroen has released its plans to invest more than EUR700 million (US$900 million) on new delivery van models over the next five years.
Kenya's Stock Exchange to introduce derivatives and REITs
Kenya's stock exchange, plans to introduce derivatives and real estate investment trusts after equity trading volumes declines
Latest News
As part of India's ongoing campaign to attract investors, the Oil Minister approved the raising of natural gas prices.
India's Union Minister of Finance P. Chidambaram went on a four day trip to sell India's investment market.
The President of Cyprus announced several new rules giving investors new incentives. In a statement released today, the President of the Republic of Cyprus announced that more incentives will be given to investors who wish to take a chance on the Cypriot market.
To prevent a market collapse, India needs more equity investments according to top analyst Prahbat Awashti.
The continued weakening of the rupee and the Federal Reserve's stimulus policy prompted a massive Indian market exit from investors.
Assocham said that investments have dropped in India in a report released today. Assocham, one of India's associations of chambers of industry and commerce reported today that direct investments in the country are looking at a bleak future.
Gerri Greenham announced that he acquired shares in Solarvest Gerri Greenham announced that they have acquired shares in Solarvest BioEnergy Inc. The transaction was made to a pursuant of a private placement at US$.
OGX in talks to sell its oil license stakes to avoid running out of cash OGX Petroleo & Gas Participacoes (OGXP3) in talks regarding sale of stakes in crude oil block licenses that owned by OGX.
The NSW state government expressed their intent to sell heritage building in Sydney New South Wales state government expressed their intent to sell two of Sydney's most significant heritage buildings as it enters the second round of property sales.
