Maybank invests in SEA tech industry

Maybank invested on technology firms across four Southeast Asian countries to help its business processes.


Not Closing Down Australian Mining Business, Lanco says despite Liquidation Proceedings

Lanco Infratech Ltd. (LANCI), an Indian power conglomerate still remains optimistic about its Australian mining business, despite being caught up with liquidation proceedings for tax problems.

Alberta Canada Oil Reserves To Use TransCanada Pipelines

Provincial Government of Alberta Canada made arrangements to ship oil via TransCanada pipeline (Photo : Reuters)Provincial government of Alberta government agreed to transport oil via TransCanada pipeline Canada's province of Alberta, having the world's third largest crude reserves, made a deal with TransCanada Corp (TRP) to ship oil via pipeline for C$5 billion.

African Development Bank invests on Northeast Africa

The African Development Bank conducted feasibility studies on Northeast African projects. (Photo : Reuters)This is the Nile River in modern times. African Development Bank's energy sector official Khalid Al Askari said today that the bank have conducted studies on a planned electricity link investment project spanning three countries - Ethiopia, Sudan, and Egypt.


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Sindh chief minister urged foreign and local investors to invest in the region's several industries.
An estimated 84 megawatts of power will be generated after a pipeline investment is made in the Gulf region.
Investor Eduardo Elsztain withdraws his support for IDB Holding. (Photo : Reuters)This is Argentinian investor Eduardo Elszatain. Argentinian investor Eduardo Elsztain withdrew his planned backing of IDB Holding Corporation, a member of Nochi Dankner's portfolio of companies.
Telefonica SA, Spain's top broadband and telecommunications provider plans to hold off initial public offering of Colombia division because of government talks.
Temasek, a Singaporean sovereign wealth fund, posted a portfolio gain citing good investments as reason.
Capstone Infrastructure and Shares of Renewable Energy agreed to exchange shares to form a combined entity that was not only well-funded but also diverse.
To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.
TigerAir Singapore, is planning on expanding and increasing its roster of flights to Malaysia. (Photo : reuters. com)Tigerair plans Malaysian Expansion At the present, TigerAir only has flights to Penang and Kuala Lumpur.
Sprott and CITICPE joint venture would not proceed as planned. (Photo : Reuters)The image shows the facade of a Chinese bank operated by the CITIC Group, who also operated CITICPE HK.
Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed. (Photo : maximzimin. com)Gazprombank pulls out of deal allegedly While the third largest bank belonging to the Russian Federation, Gazprombank, has yet to give an official statement on this move, the source confirmed that the bank preferred to wait for better market conditions before continuing on with the Swiss Franc Tier 2 deal.