Asia

Asia

Asia is a section of News on Investvine.com
MH370 crisis: 30% of Chinese tourists cancel bookings to Malaysia

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Close to 30 per cent of Chinese tourists have cancelled their bookings to visit Malaysia this year since the disappearance of Malaysia Airlines flight...
India loses 70% of voice and call center business to Philippines

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Struggling to diversify the delivery footprint to take advantage of low-cost centers, India’s Business Process Outsourcing (BPO) industry is currently losing 70 per cent...
Philippines awards Cebu airport deal to Indian group

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India's GMR Infrastructure Ltd and its Philippine consortium partner Megawide Construction Corp have been awarded a 25-year concession contract for the development of the...
Tata Motors enters Philippine market

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Indian car maker Tata Motors is foraying into the Philippines market with the export of passenger and commercial vehicles, including Manza sedan and Xenon...
Gulf Finance House enters Indian real estate market

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Gulf Finance House (GFH), the Bahrain-based Islamic investment bank, has announced the signing of two development agreements for real estate development in India. The...
Bahrain Bay project gets investment boost

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Indian real estate firm Ajmera Mayfair Realty Group has confirmed its interest to increase current investment in Bahrain Bay Development from $30 million to...
Lotte Shopping delays $1b Singapore IPO

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South Korea’s Lotte Shopping has postponed a Singapore initial public offering (IPO) of its mall assets that was expected to raise up to $1...
Kuwait’s Hayat to invest in India property

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Kuwait's Islamic investment firm Hayat Invest will invest $100 million in the Indian real estate sector in two years in partnership with Chennai-based residential...
Most active property buyers in Dubai are Indians, says survey

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Indian nationals make the largest number of property buyers in Dubai, according to real estate consultancy Cluttons which cited the relative geographic proximity to...
Indian conglomerate to invest $1.5b into Dubai property

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India's diversified business conglomerate Ravi Pillai Group, owned by tycoon Ravi Pillai, plans to deploy $1.5 billion on real estate development in Dubai, the...
Foxconn to invest $1b in Indonesia

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Taiwan's technology giant Foxconn group has finally signed a letter of intent to invest up to $1 billion in Indonesia as it seeks to...
‘Onshore trend’: BPO business getting a hit

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Business process outsourcing (BPO) companies, specifically those in the contact center space, are reversing the trend of moving most outsourced work to low-cost locations...
Hyundai eyes $1.6b Indonesia railway project

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Hyundai Engineering and Construction Co. (Hyundai E&C), one of South Korea's largest builders, said on February 5 it wants to take part in a...
Tata Motors chief dies from Bangkok hotel fall

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Tata Motors Managing Director Karl Slym, head of the carmaker’s Indian operations, fell from a balcony on the 22nd floor of Bangkok's Shangri-La Hotel...
Philippines, India fight for BPO pole position

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While India is still in the top rank of the global Business Process Outsourcing (BPO) industry, the Philippines are catching up rapidly, a new...
International firms rush to cash in on Brunei’s PMB project

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International companies such as Korea's Pyunghwa Engineering Consultant Ltd (PEC) and Singapore's Global Maritime And Port Services Ltd are snatching up lucrative contracts in...
Infosys to develop e-government in Myanmar

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Infosys, India’s second-largest IT services company, has reportedly bagged a consulting project from the Myanmar government to develop a strategy for using information technology...
South Korea’s Exim Bank to enter Myanmar

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Myanmar has allowed the Export-Import Bank of Korea (Exim Bank) to open a representative office in Yangon, according to the Directorate of Investment and...