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Tuesday, June 25, 2019

Tag: expansion

US economy reigns supreme but IMF warns of growing risks

The IMF forecasts US growth this year to 2.6%, three-tenths higher than it predicted in April, while growth in 2020 is seen slowing to just under 2%.

Company involved in Changi Airport to lead PIA expansion

Chief minister Chow Kon Yeow says the Penang airport will be able to handle 12 million passengers per year once work is finished, compared to 6.5 million now.

Exxon makes final investment decision on Singapore complex expansion

The company said the expansion would increase its capacity to produce cleaner fuels with lower-sulphur content.

Grab to double Singapore staff to 3,000 in latest expansion

Grab will also add 1,000 technology jobs across its research and development centres around Asia.

5 things to consider before expanding globally

Before you jump into the next phase of your business, you must conduct thorough research and develop a sound business plan first.

India’s no-frills hotel giant eyes European markets

Oyo Rooms has quickly become India's largest hotel firm by number of rooms and one of the biggest in China as it pursues an aggressive expansion abroad.

MP asks if govt can raise enough money to make Budget...

Subang MP Wong Chen expresses concern over “expansionary” budget but says it could be that the government is thinking out of the box.

World Cup expansion possible for 2022, says Infantino

Qatar was awarded the hosting rights in late 2010 and has been planning for a 32-team tournament since.

Ikea plans a dozen new markets in coming years

Ikea’s stores, which can be found in more than 50 markets, welcomed 957 million visitors in the last fiscal year.

TooFaced expands scented ‘Peaches and Cream’ makeup series

TooFaced is feeling peachy this fall, thanks to its new scented makeup launch.

Cambodia’s first rum maker looks to expand overseas market

The boutique distillery exporting to France and Singapore aims to enter markets in Malaysia, Japan, Hong Kong and Spain by next year.

JD.com losses surge alongside soaring spending on expansion

JD’s disappointing showing comes a day after top shareholder Tencent Holdings Ltd. reported its first profit drop in 13 years, souring sentiment on Chinese tech companies.

Netflix’s CFO to step down following cash-fueled expansion

Wells, 47, will help choose a successor and stay on until his replacement takes over to make sure the transition goes smoothly.

Guan Eng: We need to find other ways to expand Penang...

Finance minister says federal government’s finances are extremely limited.

South Africa’s Ramaphosa says to discuss nuclear with Putin in future

Ramaphosa has put nuclear expansion on the back burner, saying it is too expensive, and has focused instead on pledges to revive the economy and crack down on corruption.

Didi to spin off car services unit in up to $1.5...

The unit is mainly involved in car rental and maintenance services and also provides drivers with optimised gas station deals.

BlackRock expands in Paris with new hires ahead of Brexit

The expansion is a sign of Paris' post-Brexit appeal.

Norway denies holding up Tesla move to improve service

Norway's public roads authority said it had not yet seen a formal application from the company.

Meeting to discuss Penang airport expansion soon, says Yeoh

The state exco in charge of tourism says he has had an informal meeting with Transport Minister Anthony Loke, and the response has been positive.

ExxonMobil mulls ‘multi-billion’ dollar expansion at Singapore refinery

The project is aimed at increasing the competitiveness of ExxonMobil’s Singapore refining-petrochemical complex.

Junior UK trade minister resigns over plans to expand Heathrow airport

Hands is the second minister to resign from May's government this month. Last week the pro-Europe justice minister Phillip Lee quit in protest at the government's Brexit plans.

Tokyo Disney operator to invest $2.3 billion in expansion

Oriental Land Co., which is licensed to operate the Tokyo resort, will expand the DisneySea park to include a hotel and new areas based on movies such as “Frozen” and “Peter Pan,”.

Let it grow: Tokyo DisneySea adds ‘Frozen’ in $2.3 billion expansion

Oriental Land said the 250-billion-yen ($2.3-billion) undertaking will be the most expensive expansion plan in the site's 35-year history.

Malaysia sees favourable growth outlook as policy risks mount

Expansion for the rest of the year will depend on a number of policies that Prime Minister Dr Mahathir Mohamad's administration must lay out.