'Due to growing number of city population and number of automobiles, the volume of used tyres has reached 75,000 tons per year. There are only 3 companies which recycle the tyres in the Moscow Region' said Deputy Minister of Ecology of Moscow Region Mr. Pivovarov during his visit to one of the companies in Dzerzhinsky city. More →
Korea's bank loans to the self-employed rose at the fastest clip ever in 2015 as they relied more on debt amid a protracted slump in domestic demand, data showed in the endof February 2016. Outstanding loans to the self-employed by five major local lenders, including Shinhan Bank and Kookmin Bank, came to 164.17 trillion won ($133.1 billion)... More →
Korean Stock Exchange (KOSDAQ) expects another boom year for initial public offerings in 2016, with over 150 companies preparing to float their shares on the country‘s secondary stock market, the bourse’s operator said Friday. “We expect 154 IPOs this year,” Kim Jae-joon, chairman of Korea Exchange’s KOSDAQ market... More →
During investment forum Sochi 2015 the international company MERCK and the Russian copany NANOLEK have signed agreement of pharmaceutical production for curing diabetes of type II, hypertension and heart failure on the factory in Kirov region. MERCK localization investments are to become 10 mln euro to the end of 2016. According to the... More →
Zeon (Tokyo) says it will build a second solution styrene butadiene rubber (SSBR) line in Singapore by the beginning of next year, doubling capacity at the site to between 70,000-80,000 m.t./year. The company is spending ¥7 billion ($57.8 million) on the project, which will use Zeon's own technology. On completion, the Singapore complex... More →
Profit of DIY retail chains located in Russia turned out to be better than estimated last year. The experts predicted that in the end of 2014 DIY market in Russia would grow 6% in rubles, that is the minimum of the years before. However, the growth got to 10% (1,5 bln rubles), which is bigger then the growth in 2013. The representative of the... More →
The global rail market is to reach $205 billion in the next five years. Chinese rail companies are growing more aggressive overseas with the backing of the government, but they still have hurdles to overcome. Last November, state-owned giant China Railway Construction announced that it had won Mexico's first high-speed rail project, shocking... More →
Japanese carmaker Toyota confirmed that it plans to double the production capacity of its plant in St. Petersburg from the current 50,000 to 100,000 cars per year. The news is a rare positive for the auto industry in Russia, which has been hard-hit by the economic crisis in 2014.
In 2013 Russia was projected to become one of Europe’s... More →
SINGAPORE: Grouping will get 52.16% of OAO International Airport Vladivostok and will also fully acquire its terminal. The consortium, comprising the Russian Direct Investment Fund (RDIF), Changi Airports International (CAI) and Basic Element, is the winner of the tender to acquire shares in Vladivostok International Airport. Each... More →
Entering sukuk market is a growing trend for many developed and developing economies. In 2014 the U.K., Luxembourg and South Africa sold debut sukuk, entering a global market that PWC estimates will reach $2.6 trillion by 2017.
Worldwide offerings, which include local-currency sukuk, climbed to $46.3 billion in 2014, shy of 2012’s... More →