Industry
Indonesia's Mandala Air to acquire 18 Airbus A320 for $1.6 B by 2014
In a bid to capture middle class travel in Southeast Asia, Indonesian airline PT Mandala Airlines is set to spend $1.6 billion to buy 18 Airbus A320 planes by 2014.
Finland Banks on Venture Capital Financing for Growth
The government is seeking venture capital financing for growth without affecting its bottom line. Finland is maximizing venture capital financing as a means to spark the economy out of the doldrums without affecting its current AAA ratings.
MISC Bhd Receives Higher Bid from Petronas
Petronas, whose real business name is Petroliam Nasional Bhd, offered higher price to buyout shipping company.
Investors raise $11 B to finance British rental homes
In anticipation of a housing shortage and the prospect of higher returns, some 30 institutions plan to invest $11 billion on rental homes in Britain.