Tag Archives: Indonesia

SCG merges arms, plans $1.5-billion regional stakes Reply

by • Cambodia News, Myanmar (Burma) News • Tags: , , , , , , , , , , , , , ,

SCG iZrpgLVSbU54Reposted from The Nation
By WATCHARAPONG THONGRUNG

Siam Cement Group (SCG) plans to invest US$1.5 billion (more than Bt43 billion) in cement and power plants and logistics facilities in the region, especially Indonesia, Myanmar and Cambodia.

The group yesterday announced the restructuring of its business with the merger of its cement, building-materials and distribution arms into a new unit called SCG Cement-Building Materials.

SCG president and chief executive officer Kan Trakulhoon said the move was in line with the group’s strategy to expand its cement and building-material business into the region to cash in on the coming Asean Economic Community, as well as to promote its investment flexibility.

The regional investment includes a $400-million cement plant in Indonesia with annual capacity of 1.8 million tonnes. Construction is scheduled for completion by the end of 2015. More…

Private equity looks to Vietnam and Indonesia – survey Reply

by • Vietnam News • Tags: , , , , ,

Higher prices for companies in North America and political and regulatory risks in China push private equity investors to consider the emerging markets of southeast Asia.

Higher prices for companies in North America and political and regulatory risks in China push private equity investors to consider the emerging markets of southeast Asia.

Reposted from Reuters
By Costas Pitas

Private equity firms that raised money from pension funds, insurers and endowments on the promise of delivering superior returns, have unearthed few deals in China and have competed fiercely for the businesses they can find, pushing up prices. The trend to higher prices is echoed in private equity’s largest market, the United States, where the supply of cheap financing from lenders has given buyout firms the firepower to pay more for companies. More…

Asia’s great moderation Reply

by • Laos News • Tags: , , , ,

Some of the world’s stablest economies are Asian.

Reposted from The Economist

LAOS, a poor country of 6m people wedged between Vietnam and Thailand, has no openings to the sea and few routes to world attention. But it is now enjoying a rare moment in the sun. Last month it won approval to join the World Trade Organisation. This week it hosted the ninth Asia-Europe meeting, which brings together leaders from the world’s most and least dynamic regions. More…

Frontier markets peak manufacturers’ interests Reply

by • Myanmar (Burma) News, Other Countries, Vietnam News • Tags: , , , , , , ,


Reposted from Deloitte
By Tim Hanley

During a recent trip to Tokyo, I met with 40 leaders from Deloitte member firms across the Asia Pacific region to discuss what is happening in this dynamic market. As you might imagine, China and India dominated the conversation, but several other countries in the region, often referred to as the next frontier growth markets, were very much part of the discussion. More…

Port more active over nine months Reply

by • Cambodia News • Tags: , , , , , , , , , , , , ,

$8.25 million in 2011 from $6.5 million in 2010 - 20% increase

$8.25 million in 2011 from $6.5 million in 2010 – 20% increase

Reposted from The Phnom Penh Post
By May Kunmakara

Cargo shipments via Phnom Penh Autonomous Port (PPAP), Cambodia’s second largest port, rose by 16 per cent year-on-year in the first nine months. More…

Myanmar Opens Itself Up To World and to Business Reply

by • Myanmar (Burma) News • Tags: , , , , , , , , ,

World Bank set to invest $85 Milliion

World Bank set to invest $85 Million

Reposted from The Jakarta Globe
By Shoeb K. Zainuddin

Myanmar President Thein Sein announced in June a raft of reforms aimed at rolling back decades of state control over the economy. More…

Indonesia Bonding With Cambodia in Trade Reply

by • Cambodia News • Tags: , , , , ,

Indonesia and Cambodia Trade

Indonesia and Cambodia Trade

Reposted from Jakarta Globe
By Dion Bisara

Siem Reap, Cambodia. It was a chilly afternoon in 1993 at a rubber plant forest in Kampong Cham. Soehardjono Sastromihardjo, now Indonesian ambassador to Cambodia, was riding with a United Nations Transitional Authority in Cambodia convoy on a mission to supervise the country’s first general election, when a group of Khmer Rouge guerrillas appeared and stopped the convoy. More…

Indonesia new production hub for Apple Reply

by • Other Countries • Tags: , , , ,

Indonesia will see investments of up to $10 billion as Apple’s core manufacturing partner enters the country.


Reposted from Invest Vine By Arno Maierbrugger

Indonesia will see investments of up to $10 billion over the next 10 years as Taiwanese electronics manufacturer Hon Hai Precision Industry, or Foxconn, Apple’s core manufacturing partner, enters the country. In a first move, Foxconn will begin investing about $1 billion into a factory in Indonesia by early next year, according to the country’s Industry Minister M.S. Hidayat. More…

Analysis: Southeast is Asia’s safe haven as China, India stumble Reply

by • Miscellaneous • Tags: , , , , , , , , , , , ,

A bank employee removes a bundle of rupiah banknotes at the Bank National Indonesia (BNI) in Jakarta

A bank employee removes a bundle of rupiah banknotes at the Bank National Indonesia (BNI) in Jakarta

Reposted from The Republic
By Nishant Kumar and Stuart Grudgings

(Reuters) – Little more than a dozen years after the region’s crippling financial crisis, Southeast Asia is looking more a safe haven than a risky bet, with foreign investors souring on China and India and pouring money into markets proving resilient to the global gloom. More…