The Department of Transportation and Communications said the bidding for the PHP 17.5 billion airport project was set for November.
Asia/Pacific
Philippines works to lure more Chinese investors
The Philippine government presented opportunities for investments in the country to Chinese investors at the CAEXPO.
New power suppliers nips at Japan's big regional utilities- report
A Reuters report revealed that new independent power supplies in Japan were giving large monopolies a run for their money.
China pushes private banks to raise private capital to avoid government bailout- analysis
A Reuters analysis revealed that Beijing was looking to private capital to strengthen the balance sheets of Chinese banks.
Xinyuan Real Estate receives USD109 million investment from TPG Capital
A USD109 million investment was made by TPG Capital in Xinyuan Real Estate. TPG Capital was advised by Ropes & Gray on the completion of a strategic investment in Xinyuan Real Estate Co.
Latest News
Global equity funds recorded the highest inflows the week before the US Federal Reserve announced its monetary policy.
Private equity firms would continue to be interested in investing in the luxury car business of China, said William Shen of Headland Capital.
The European Union and Singapore concluded a free trade agreement that would make doing business easier and more transparent for both countries.
Apple Inc. launched the sale of its new iPhone handsets in China on the same day as other main markets.
In a bid to expand sales and revenues for its sale of shares, the NZ government allowed a two part installment payment plan for the purchase of the shares from Meridian Energy.
A memorandum of understanding was finalized between Tata Group and Singapore Airlines leading the way to the formation of a new airline to service the Indian market.
Goldman Sachs Investment Partners started a new Asian fund named Oryza Capital early this month, according to sources.
On Wednesday, GMR Infrastructure announced it had sold its stake in its highway construction unit to India Infrastructure valued INR222 million.
Apple Inc. announced that the new set of iPhones would be released in the country on the same day as Europe, US and Japan.
