Sojitz Corp said it will be investing JPY 35 billion to build four solar power plants in Japan. Japan-based general trading company Sojitz Corp said it will be initiating its first few solar power projects in the country.
Infrastructure
Vista Land & Lifescapes, Starmalls line up more commercial developments next year
Manuel B. Villar, Founder and Chairman of Vista Land & Lifescapes and Starmalls, revealed that they would be opening more malls and convenience stores in 2014.
Japan's Brother invests in the Philippines
Japanese printer maker Brother Industries opened a new manufacturing plant in the Philippines. Brother Industries, a printer maker based in Japan, opened a new manufacturing facility in the First Philippine Industrial Park in Batangas.
India announces indigenous nuclear submarine close to nuclear triad completion
India announced the activation of the atomic reactor of its first nuclear submarine, a first step for the completion of its nuclear triad.
Obama proposes overhaul of US mortgage system
President Barack Obama proposed the gradual elimination of Fannie Mae and Freddie Mac to speed up recovery in the housing sector.
Latest News
International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.
Mivan, the Northern Ireland-based specialist contractor, clinched deals totaling GBP 20 million from its clients in London and Saudi Arabia.
Lockheed Martin announced that it is developing a plan to make the upgrades of equipment that will be used by next-generation helicopters of the US Army more convenient and less expensive.
Investec gave follow-up financing to 2M Group Limited today. Investec Growth and Acquisition Finance handed out a follow-up financing to 2M Group Limited, an existing client who owns Surfachem and Banner Chemicals.
Five investment projects were approved by Malaysia's National Key Economic Area today. Five new projects in Malaysia with a total investment value of RM388.
Vodafone announced a reorganization of its European regional units in October. British multinational telecommunications company Vodafone Group announced that a reorganization is in the works.
Deepwater Wind LLC said that they won in the first auction to build wind-energy project in Massachusetts federal waters.
Google will provide Starbucks' Wi-Fi services, replacing previous supplier AT&T. According to an online announcement by Google, the worldwide search engine leader will be granting free and faster internet access to all Starbucks customers in the United States.
Private equity firm Blackstone Group LP announced that they are planning to work with Deutsche Bank AG regarding rental home bonds.
