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Toshiba focuses on Southeast Asia with USD 1 bln investment

2014-09-24 09:24:00| Telecompaper Headlines

(Telecompaper) Toshiba wants to invest USD 1 billion in Southeast Asia over the next five years and double its current sales to USD 7 billion. CEO Hisao Tanaka made the announcement as part of the manufacturer's strategy to expand its business in the region. Tanaka said that Southeast Asia has long been a strategic manufacturing hub for Toshiba's major businesses, including semiconductors, hard disk drives and SSD in the Storage business, transmission and distribution equipment and industrial motors, and TVs and home appliances. Toshiba will shortly start operation of a new infrastructure business in Indonesia, part of a regional network it is putting in place, and is also promoting major initiatives in healthcare. The company company recently positioned healthcare as one of its three main pillars of business and is building a new medical equipment manufacturing plant in Malaysia, alongside the medical equipment sales company it established this June.

Tags: asia investment usd toshiba

 

Indian Agriculture Minister Calls for Canadian Investment

2014-09-24 02:00:00| ThePigSite - Industry News

INDIA - In order to promote agriculture trade between two countries, Indian agriculture minister, Radha Mohan Singh has met Gerry Ritz, Canadian Minister for Agriculture and Agri-Food in New Delhi recently.

Tags: investment calls indian canadian

 
 

Softbank may consider investment in Iusacell - report

2014-09-23 16:58:00| Telecompaper Headlines

(Telecompaper) Japanese mobile telephony operator Softbank is considering to invest in Mexican mobile operator Iusacell, Bloomberg reports, citing people with knowledge of the matter. According to the report, the Japanese operator is in advanced stages of reviewing Iusacell's assets. Mexican holding Salinas Group has recently purchased a 50 percent stake in Iusacell from broadcasting group Televisa. As a result of the USD 717 million deal, Salinas Group will now fully own Iusacell, which is the country's third-largest mobile operator. The Mexican firm said that it will announce the new strategic partner once local regulatory agencies approves the acquisition of the 50 percent stake. .

Tags: report investment softbank iusacell

 

Deutsche Post Is An Income Investment

2014-09-23 06:53:33| Air Courier - Topix.net

Deutsche Post AG is the world's largest logistics and courier company. The company, headquartered in Bonn, Germany, operates under the brand name Deutsche Post DHL.

Tags: post investment income deutsche

 

Hong Kong plans $110bn investment for rail network expansion

2014-09-22 01:00:00| Railway Technology

Hong Kong Transport and Housing Secretary Anthony Cheung has announced an estimated $110bn future rail expansion plan as part of the Railway Development Strategy 2014 recommendations.

Tags: network plans hong kong

 

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