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Search Result for “$8 billion”

Showing 1 - 10 of 32

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NEWS

Vedanta taps into oil market upturn

Asia focus, Umesh Pandey, Published on 15/01/2018

» Vedanta Resources, the largest oil and gas exploration company in India, plans US$8 billion in capital expenditure over the next three years to substantially lift its production capacity, especially in the oil and gas sector.

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BUSINESS

Decisive and diversified

Asia focus, Umesh Pandey, Published on 24/04/2017

» Many critics wrote off Kumar Mangalam Birla when he took the helm of one of India's leading businesses as a 28-year-old rookie. But the reviews in recent years have been mostly positive for the man who has helped build a conglomerate that is among the world leaders in the fields in which it operates.

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WORLD

Malaysia holds steady

Asia focus, Umesh Pandey, Published on 20/04/2015

» Malaysia's economy and financial system remain strong despite diminished growth prospects amid the rout in commodity prices and talk of possible problems in the financial sector, says the country's central bank governor.

BUSINESS

SEZ plan isn't progress at all

Asia focus, Umesh Pandey, Published on 26/01/2015

» Dear Mr Prime Minister,

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WORLD

Cambodia calling

Asia focus, Umesh Pandey, Published on 14/09/2015

» As Thai companies start to see their sales tapering off amid slow domestic consumption, some are reaping the benefits of earlier decisions to enter markets where the risks at times have spooked other investors aware of their chequered history.

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OPINION

Mahathir starts off with a bang

News, Umesh Pandey, Published on 13/05/2018

» Mahathir bin Mohamad, the 92-year old and seventh Prime Minister of Malaysia has gotten down to work on the very first day of assuming office with orders to ban overseas travel of the former protege turned nemesis Najib Razak, setting up an investigation team to look into the corruption allegations against the Najib government and was also looking for an early pardon to the jailed protege turned nemesis turned protege -- Anwar Ibrahim.

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OPINION

Chicanery can only go on so long

News, Umesh Pandey, Published on 25/03/2018

» The week ahead is going to be intense as political parties prepare to attend a meeting on Wednesday with those who seized power to negotiate the possibility of a total lifting of the ban on political activities.

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NEWS

Beware of the bull

Spectrum, Umesh Pandey, Published on 21/01/2018

» 'Sell your house and buy stocks," a banker told Spectrum over dinner a few months ago.

OPINION

Consumers still lack confidence

News, Umesh Pandey, Published on 03/09/2017

» For those readers who have not read the business stories over the past week, let me recap some of the interesting issues that were written about by our intrepid business writers. Stories such as the Revenue Department coming out to openly state that their tax collection for the first 10 months of the fiscal year (October 2016 to July 2017) was 4% below the target came as a shock to many. The reason given for the shortfall was the lower collection of value added tax (VAT) that you and I pay for consuming.

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OPINION

Small firms' debts point to problems

News, Umesh Pandey, Published on 23/07/2017

» Over the past week data coming out of the government and the private sector are showing signs that could be worrisome in the medium to longer term for the country. Rising household debt, increasing non-performing loans among small and medium-sized enterprises (SMEs) and strengthening of the baht are all compounding the problems.