Fraser & Neave Holdings Bhd., the 126-year-old Southeast Asian drinks maker and brewer, is spending 600 million ringgit ($247.7 million) to build two milk production facilities, in Malaysia and Thailand, it was reported.
Posts Tagged ‘Southeast Asian’
Asian leaders to launch ‘historic’ human rights body
October 23rd, 2009 |
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Southeast Asian leaders are to officially launch a “historic” human rights body on Friday, despite criticisms that it will be too soft on members such as military-ruled Myanmar. Leaders of the 10-member Association of Southeast Asian Nations (ASEAN) opened an annual regional summit in the
US to engage in directs talks with Burma’s reluctant Military junta
September 30th, 2009 |
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In a bid to build better relations with Burma, the Obama administration has vowed to directly engage in with the southeast Asian country’s military regime, and increase its humanitarian aid.
The Washington Post quoted Assistant Secretary of State Kurt Campbell as saying that the United States will leave in place existing U.S. sanctions on Burma [...]
DBS Bank China Chief Lin to be replaced by Melvin Teo
September 22nd, 2009 |
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DBS Bank China Chief Executive Officer Teresa Lin will leave her position and be replaced by Melvin Teo, the bank’s head of private equity.
Lin will remain at DBS, taking on a senior advisory role with effect from Jan 1, the biggest Southeast Asian bank said in an e-mailed statement. In addition to being responsible for strategy in China and the Greater China institutional banking group, Lin will provide direction and advice to senior managers on these two fronts, DBS said.
DBS names Citigroup’s Gupta as CEO: Update
September 1st, 2009 |
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DBS Group Holdings, the biggest Southeast Asian bank, hired Citigroup Inc.’s Piyush Gupta as chief executive officer, ending a five-month search for a new leader after predecessor Richard Stanley died.
Gupta, 49, will join DBS in November, and his appointment is subject to regulatory approval, the lender said in a statement to the Singapore stock exchange. Gupta is Citigroup’s CEO for Southeast Asia-Pacific, the company said.
STI adds 0.7% to 2,631.51 at the close
August 14th, 2009 |
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The Straits Times index added 0.7% to 2,631.51 at the close, taking gains this week to 3.2%. Three stocks gained for each that fell on the 30-member gauge. The following shares were among the most active in the market today.
Office landlords: Hongkong Land Holdings (HKL SP), a developer of Singapore’s biggest office project, expects commercial rents to rise in 2010 as the Southeast Asian city- state emerges from recession, said Robert Garman, the company’s executive director in Singapore. Hongkong Land is one of three owners of the 3 million square-foot Marina Bay Financial Centre, a five-tower complex overlooking the central business district that opens from next year and will be completed in 2012.
Ming Holden: Green Ideas, Green Actions: China’s Eco-Revolution
July 29th, 2009 |
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Green Ideas, Green Actions: standard eco-fare, right? Except that it’s coming out a city of 20 million — in China (where Huffington Post is often blocked).
Jakarta Bombing: 6 Killed At 2 Hotels In Indonesian Capital
July 17th, 2009 |
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JAKARTA, Indonesia — Indonesia’s security minister says nine people have been killed and 50 wounded in hotel blasts in downtown Jakarta.
The minister says a New Zealander was among those killed. Thirteen other foreigners were among inju…
Clinton heading to India to enhance strategic partnership
July 16th, 2009 |
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U.S. Secretary of State Hillary Clinton leaves Washington for India Thursday on a mission aimed at advancing an emerging U.S.-Indian strategic partnership. The trip will also take her to Thailand for meetings with Southeast Asian foreign ministers on issues including North Korea’s nuclear program.