Tag Archives: Investment

Google to Acquire Travel-Data Provider ITA Software

July 1 (Bloomberg) — Google Inc. agreed to buy flight- information provider ITA Software Inc. for $700 million to improve its search-engine services for the growing online travel industry. The acquisition will help Google create new flight-search tools, the companies … Continue reading

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PE firm buys shares of Facebook for $120 mn

Private equity firm Elevation Partners has invested $120 million in Facebook Inc by buying shares of the social networking site Continue reading

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Vietnam: The new China?

It’s been more than a decade since I was last in Ho Chi Minh City. The city then was dusty, noisy, frantic and, well, disorganized – a lot of energy but not a lot of focus. But, Ho Chi Minh in 2010 is booming. The familiar landmarks are still there but this city is spreading – upwards and outwards. Continue reading

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Indonesian stocks close higher

Jakarta (ANTARA News) – The Composite Stock Price Index (IHSG) at the Indonesian Stock Exchange (IDX) here Monday noon closed higher amid regional bourse fluctuation. The JKSE index went up 20.710 points or 0.70 percent to 2,967.73, and the LQ45 … Continue reading

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RI govt to continue encouraging private sector participation in infrastructure development

President Susilo Bambang Yudhoyono said the Indonesian government would continue to encourage infrastructure development cooperation with private parties. Continue reading

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India’s outward FDI into USA on the rise, creating 60,000 jobs in US and contributing $26.6 billion to US economy

In a joint study by the University of Maryland, India-US World Affairs Institute and the Federation of Indian Chambers of Commerce and Industry, India had increased outward FDI projects in the US. Over the last five year period, Indian FDI projects in the US created about 60,000 jobs with investments worth $26.6 billion in total. Continue reading

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First investment fund for China’s cultural industry launched

The China Media Capital, the first domestic private equity fund focusing on cultural and media industries in China, was officially launched after raising 2 billion yuan in the initial stage in Shanghai on June 21. Continue reading

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