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Search Result for “capitalization”

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BUSINESS

Japan unveils $110bn plan to fund Asia infrastructure

Published on 21/05/2015

» TOKYO — Japan unveiled a plan on Thursday to provide US$110 billion (3.67 trillion baht) in aid for Asian infrastructure projects, as China prepares to launch a new institutional lender that is seen as encroaching on the regional financial clout of Tokyo and its ally Washington.

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BUSINESS

AIIB members to meet in Singapore

Published on 19/05/2015

» SINGAPORE — Representatives from the 57 prospective founding members of the China-backed Asian Infrastructure Investment Bank (AIIB) will meet in Singapore from Wednesday, Singapore's Finance Ministry said Tuesday.