southeast asia


Philippines' Duterte calls for mass withdrawal from ICC

Mar 18 2018

Philippines President Rodrigo Duterte called for other signatories of the Rome Statute that established the ICC to join his country in withdrawing from the treaty.

Australia, Southeast Asia to share intelligence to fight terror

Mar 17 2018

Australia signed an agreement with Southeast Asian nations including Indonesia, Malaysia, Brunei and the Philippines promising to share intelligence to combat terrorism.

Club One Air to double fleet size to 20, to service 300 cities

Mar 11 2018

Club One Air is looking to double its fleet to 20 planes in next 2 years amid growing demand for chartered flights and the govt's push to improve regional connectivity.

AirAsia India to expand domestically before int'l operations: CEO

Mar 08 2018

We will first commence flight ops to new domestic destinations and increase frequencies. In all we are looking at starting flights to 4-5 new cities in this year."

'Democracy retreating in SE Asia, India must play bigger role'

Feb 26 2018

India, which is increasing linkages with the region, must play a greater role to shore up democracy in Southeast Asia.

Asia's soaring gas demand opens window for new LNG projects

Feb 14 2018

Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening opportunity for new production.

Cambodian leader calls rival 'crazy and stupid' over Facebook

Feb 13 2018

Hun Sen called a rival “crazy and stupid” over his petition to try to get Facebook to release details of the way the Southeast Asian country’s ruler has used.

Bacardi elevates Vijay S Subramaniam as MD of AMEA

Jan 31 2018

Bacardi Ltd announced elevation of Vijay S Subramaniam as Managing Director, Asia Pacific, the Middle East and Africa (AMEA) with immediate effect.

Indonesia's fintech lending boom exploits shortfall in bank loans

Jan 30 2018

Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of mn of people have little to bank credit.

India, Cambodia decide to boost defence ties; ink 4 pacts

Jan 27 2018

India and Cambodia today inked four pacts, including one to improve cooperation in prevention, investigation of crimes and legal assistance in criminal matters.

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Stocks In News



Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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