Tag: billion
Written by Gabriel HerveyMarch 9, 2020
UK retailer Tesco sells Thailand, Malaysia ops for US$10.4 billion
News Business Article
LONDON: Britain’s biggest retailer Tesco said Monday (Mar 9) that it has agreed to sell its businesses in Thailand and Malaysia to Thai conglomerate CP Group for £8.0 billion (US$10.4 billion). “Following inbound interest and a detailed strategic review of all options, we are announcing today the proposed sale of Tesco Thailand and Tesco Malaysia,”
Written by Gabriel HerveyMarch 6, 2020
Thailand outlines US$3.2 billion stimulus to alleviate COVID-19 impact
News Business Article
BANGKOK: Thailand on Friday (Mar 6) outlined a stimulus package, estimated to be worth more than US$3.2 billion, to mitigate the impact of the coronavirus outbreak on activity in an already-flagging economy. Southeast Asia’s second-largest economy is growing at its weakest pace in years due to soft exports and investment. The epidemic continues to hit
Written by Gabriel HerveyMarch 5, 2020
COVID-19 hit to airlines could exceed US$100 billion
News Business Article
LONDON: The coronavirus epidemic could cost passenger airlines up to US$113 billion in lost revenue this year, an industry body warned on Thursday (Mar 5), more than three times a projection it made just two weeks ago as the virus continues to spread around the world. The warning from the International Air Transport Association (IATA)
Written by Gabriel HerveyMarch 5, 2020
Expansion of cycling path network to be sped up, will cost more than S$1 billion: Lam Pin Min
News Business Article
SINGAPORE: The development of cycling paths in Singapore is being accelerated, with such paths expected to span about 800km by 2023. This means the project would be two years ahead of the original schedule, which would have seen 750km of cycling paths in Singapore by 2025, noted Senior Minister of State for Transport Lam Pin Min on
Written by Gabriel HerveyMarch 5, 2020
S$60 billion to go to expansion, renewal of rail network over next decade: Khaw Boon Wan
News Business Article
SINGAPORE: More than S$60 billion will be invested in the expansion and renewal of Singapore’s rail network over the next decade, said Minister for Transport Khaw Boon Wan on Thursday (Mar 5). “The hard lesson learnt by the problems earlier faced by SMRT is that we must invest in good operations and maintenance,” said Mr
Written by Gabriel HerveyMarch 5, 2020
US coronavirus deaths rise to 11 as lawmakers reach US$8 billion funding deal
News Business Article
LOS ANGELES: The death toll in the United States from the novel coronavirus rose to 11 on Wednesday (Mar 4), as lawmakers in Congress agreed to provide more than US$8 billion to fight the rapidly spreading disease. Governor Gavin Newsom reported the first fatality in California from the COVID-19 illness while health officials in nearby Washington
Categories
Archives
Recent Posts
- 4 Documents Foreign Borrowers Should Prepare Before Applying for a Loan
- Revolutionizing News: How AI is Reshaping the Business of Journalism
- 10 Marketing Trends That Will Dominate 2024: What You Need to Know Now
- Future-Proofing Your Business: Top Trends Shaping Industry Evolution
- Future-Proof Your Business: How Management Accounting Drives Strategic Success