Tags: Investment
Foreign Investment: Indonesian Government Will Revise Regulations, Allowing Foreign Capital on More Sectors
The changes are part of the government's economic stimulus package, expected to boost the country's economic growth and create job openings. Indonesia's new regulations on investment would loosen current restrictions on foreign investments in various sectors, including e-commerce, retail and healthcare.
Silver Lake invest $500 million in Symantec
Private equity firm Silver Lake will invest $500 million in cyber security company, Symantec. The money from the investment will be used by the company to buy back shares and issue a $4 dividend to shareholders.
The US Dollar worst single day drop prompted Asian shares to climb higher as oil price increases
The US Dollar plunged to its worst single day drop outside of the 1998 and 2008 crisis today due to speculation regarding 'no rate hike' policy that the Federal Reserve might be implementing for this year. The plunged however, cause a reversal effect helping oil price to increase and help boosting Asian stocks.
Former Tata Group Chairman Ratan Tata is Investing in an Indian Premium Tea Online Retailer, Teabox
The businessman is considered as one of India’s most active investor. Ever since he retired as the Tata Group chairman, Ratan Tata has backed more than 20 startups until now. He is especially experienced in the tea markets, and Teabox is delighted to have him as an advisor as well as an investor.