Articles categorized by: Business opportunities

ADB’s private sector operations commitments reach $2.3Bn in 2017

Asian Development Bank (ADB) private sector operations over the past year reached $2.3Bn, growing the bank’s overall portfolio of private sector operations by 17% to $10.9Bn. The 27 new private sector operations committed in 2017 accounted for 13.4% of overall signed regular ordinary capital resources financing. Last year’s commitments were complemented by $5.9Bn in cofinancing, […]

Changfeng Energy takes NG opportunity in PRC’s Hebei province

Changfeng Energy Inc. (Here on Changfeng), an energy provider in China, announced today that it has established a controlled subsidiary, Hebei Riheng Clean Energy Ltd. (Riheng Energy) in Shijiazhuang, Hebei, China to carry out gas distribution services and clean energy related projects in Hebei Province (PRC). Grabbing the opportunities provided by PRC Government’s energy reform […]

Meliá Hotels International, launched its Inside brand in China and entering Melaka by 2020

The Spaniard hotel muntinational Meliá Hotels International recently announced an agreement with Haleton Group aimed to poen Meliá Melaka, a new property located in the heart of Melaka (Malaysia). This marks the group’s fourth property in Malaysia, and its first entry into Melaka. Managed by the Meliá Hotels & Resorts brand, and owned by Haleton […]

Prudential Financial enters life insurance market in Indonesia through jv with CT

US insurance company Prudential Financial, Inc. (PFI) and CT are launching a joint venture (jv) to provide life insurance solutions to a broad spectrum of people in Indonesia through a multi-channel distribution strategy. Under the recently closed agreement, which has been already approved by the OJK in Indonesia, PFI subsidiary Pruco Life Insurance Company has […]

India joins the IEA as Associated Country

The International Energy Agency welcomed India as an Association country on Thursday, expanding its partnership for a more secure and sustainable energy future with the world’s third-largest energy consumer. The announcement was made in New Delhi during a joint press conference with Dr Fatih Birol, the IEA’s Executive Director; Mr Piyush Goyal, Minister of State, with […]

Alibaba starts off worldwide e-commerce hub for SMEs in Malaysia

Alibaba Group announced yesterday the establishment in Malaysia of an e-hub under the Electronic World Trade Platform (eWTP) initiative together with the Malaysia Digital Economy Corporation (MDEC), the country’s digital economy development agency, and other parties. The eWTP will come true thanks to a buch of MOUs signed between the following companies and State agencies: […]