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.

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Formosa Plastics closes $1billion dollar Australian iron ore project

Formosa Plastics Group invests USD1 billion in Fortescue Metals Group's iron ore project.

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Japan's Brother invests in the Philippines

Japanese printer maker Brother Industries opened a new manufacturing plant in the Philippines.

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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.

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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.

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Kenyan government constructs new 2.5 million-capacity airport terminal

Kenyan President Uhuru Kenyatta revealed that his government will be constructing a temporary terminal that will hold 2.5 million passengers.

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ConocoPhillips gambles on new well in Alaska, applies for permits

ConocoPhillips submitted its application for permits to drill a production well in a new field in the Alaska national reserve.

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Sojitz Corp invests JPY 35 billion for solar plants

Sojitz Corp said it will be investing JPY 35 billion to build four solar power plants in Japan.

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IFC to invest more in Nigeria

International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.

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Co Antrim's Mivan bags multimillion deals from Saudi Arabia and London clients

Mivan, the Northern Ireland-based specialist contractor, clinched deals totaling GBP 20 million from its clients in London and Saudi Arabia.

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Lockheed Martin commences plans to make US Army equipment upgrades less expensive

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.

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2M Group receives follow-up fund from Investec

Investec gave follow-up financing to 2M Group Limited today.

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Five companies invest of Malaysian healthcare sector

Five investment projects were approved by Malaysia's National Key Economic Area today.

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Vodafone merges European units into one

Vodafone announced a reorganization of its European regional units in October.

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Deepwater Wind LLC wins wind-energy development project

Deepwater Wind LLC said that they won in the first auction to build wind-energy project in Massachusetts federal waters.

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