South Korea and Israel agreed Tuesday to jointly invest $10 million in the development of key technologies for the smart mobility sector over the next three years, Seoul’s industry ministry…
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BusinessFeaturedGlobal NewsInvestmentNews
Sebi, Investment Bankers Turn Cautious as IPO Market Faces Uncertainty
The initial public offering (IPO) market is facing uncertainties with market regulator Sebi returning several IPO documents and investment bankers and companies treading cautiously as the stock market has fallen…
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Korea-japan Communication Channels to Resume for Energy, Chips, Supply Chain Cooperation
by Michael Loweby Michael LoweKorea will resume its communication channels with Japan for fortified cooperation in energy, chips and supply chains, the trade minister said Wednesday. Minister of Trade, Industry and Energy Lee Chang-yang…
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EconomyFeaturedGlobal NewsInvestmentNews
Purolator Announces $1bn Investment to Electrify Canadian Network
Purolator, a Canadian courier company, has announced its plan to invest approximately $1 billion over the next seven years to electrify its Canadian network. This includes purchasing more than 3,500…
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Electronics Firm Elista To Invest Rs 250 Crore To Set Up Manufacturing Facility In Andhra Pradesh
by Deon Nielsenby Deon NielsenElista, an electronics and home appliance company, will set up its manufacturing plant in the Kadapa district of Andhra Pradesh. The facility will be set up with an investment of…
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EconomyFeaturedGlobal NewsInvestmentNews
OKAS Launches Second Fund for Investment in Real Estate Market
OKAS, the real estate private equity arm of the DMI Group, recently launched its second fund with a target of raising $500 million. The focus will be on delivering high-quality,…
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OPEC Insists on $12.1 Trillion Investments to Fund Oil Sector
by Michael Loweby Michael LoweThe Organisation of Petroleum Exporting Countries (OPEC) has reiterated the need to pump more money into the oil sector, stressing that about $12.1 trillion investment is sacrosanct to keep the…
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PORT of Tanjung Pelepas (PTP) plans to invest RM3 billion over the next five years in creating an additional 3.5 million twenty-foot equivalent units (TEUs) in capacity. It currently has…
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EconomyFeaturedGlobal NewsInvestmentNews
Unilever Announces €20 Million Investment in New Ukraine Factory
Unilever today announced it will invest €20million in a new production facility in the Kyiv region of Ukraine, to support our growing business and demonstrate our long-term commitment to the…
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A group of Japanese investors along with Japan Deputy Head of Mission Katsuki Kotaro recently called on the Board of Investment (BOI) to discuss new investment opportunities in Sri Lanka.…