ST to invest 1.2 billion dollars more in Singapore
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Top European semiconductor maker STMicroelectronics (ST) plans to invest an additional 1.2 billion US dollars over the next two years in Singapore.
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HONG KONG (Dow Jones)--Hong Kong-based New Star International Investment Products (Asia) Ltd. is all set to expand its operations to Taiwan and Singapore next
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Japanese compact car maker  Suzuki Motor Corp. (7269.T) will invest a further 200 billion  yen ($1.66 billion) in its Indian venture as it expands  capacity at car and engine plants, its chairman said on  Tuesday.
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Singapore's economy is poised to meet its upgraded 2006 growth targets of 6.5 to 7.5 percent after gross domestic product (GDP) surged beyond expectations in the first half.
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Microsoft will step up its investments in AsiaÂ over the next two years as part of a bid to strengthen its relationship with partners and corporate customers in the area of mission-critical technologies.ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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The bond firm plans to tackle riskier investments.
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(InfoWorld) - Microsoft will step up its investments in AsiaÂ over the next two years as part of a bid to strengthen its relationship with partners and corporate customers in the area of mission-critical technologies. "Over the next two years, we're going to invest about $14 million in resources and facilities," said Chris Sharp, Microsoft's Asia-Pacific general manager of server and tools products, during a phone interview. As part of these investments, Microsoft will assign 100 technical specialists to work with customers and ISVs (independent software vendors) on mission-critical software products, including Windows 2003 Server and SQL Server 2005. The company also plans to open two technology incubation centers in Seoul and Bangalore, India. "These technology centers are there to showcase the capabilities of server technology and help people port their applications to mission-critical hardware," Sharp said. Microsoft's planned investments in Asia will boost the effectiveness of the company's enterprise sales team in Asia, said Dane Anderson, head of research at Springboard Research. From a technology standpoint, Microsoft's products are competitive with offerings from rival vendors but the sales cycle for enterprise products is longer and more involved than for sales of desktop operating systems or application suites, Anderson said. "These investments help to address that," he said. Customers that have an established relationship also expect to benefit from the added investment and new technology centers. "We think it's pretty good for us,"James Kang, the chief information officer of NTUC Income Insurance Cooperative, noting that the incubation centers are available to help his company run simulations and test new applications.
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Korea will have a lot to gain from closer ties with Singapore&#39;s advanced service and financial sectors, while Singapore can capitalize on Korea&#39;s efficient logistics system following the inking of the bilateral free-trade agreement, a Singaporean business
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SINGAPORE intends to promote Islamic banking products to expand its reputation as a financial hub, and will collaborate with countries such as Malaysia and Brunei in this area.
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State-linked investment funds in Qatar and Singapore are interested in buying almost one third of the London Stock Exchange from the US Nasdaq market, British media reported on Monday.
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Davis Funds and Singapore plunk down $6.2 billion, but at a substantial discount.
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Prudential Plc, Britain&#39;s No. 2 insurer, plans to raise 1 billion pounds ($1.8 billion) by selling new stock to help fund a UK expansion and comply with European rules on capital reserves.
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The world's biggest company envisions more growth, two years ahead of time.
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Singapore Airlines, the world's second most valuable airline, said today it planned to buy up to 31 Boeing planes worth about $7.35 billion.
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Standard Chartered, the Britain-based emerging markets bank, said it has agreed to buy Taiwan's Hsinchu International Bank for 1.2 billion US dollars (947 million euros).
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LONDON, December 6  - The South Korean memory chipmaker, Samsung Electronics Company (SSUN.FSE), said today that it intends to invest approximately 25 trillion won ($24 billion; Â£12.36 billion) in building new chip production lines in
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Singapore Airlines Ltd., the world's second most valuable airline, said on Wednesday it planned to buy up to 31 Boeing Co 777-300ER planes worth about US&#36;7.35 billion to support growth plans.