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Billionaire owner of Staples Center to build stadiums in Bangkok

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27-Sep-18 US billionaire Philip Anschutz’s sports and entertainment company AEG and Thai shopping centre developer The Mall Group plan to invest USD309 mn to build two multi-purpose stadiums in the Thai capital, including one billed as the country’s largest. [image: Isa Foltin / Getty Images]

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Warehouse operator GLP launches USD2 bn China logistics fund

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11-Sep-18 GLP, Asia’s largest warehouse operator, has launched a USD2 bn China fund in partnership with Singapore sovereign wealth fund GIC, as it continues to tap into the growing demand for warehousing fuelled by a boom in e-commerce. [image: South China Morning Post]

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PPG to build new paint, coatings center in China

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10-Sep-18 PPG has acquired land in Tianjin, China, where it plans to build a new, state-of-the-art paint and coatings R&D centre. The facility, which will be located in the Tianjin Economic and Technology Development Area, will be completed in 2021. [image: Body Shop Business]

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Foreign investors put high hope on Vietnam’s healthcare sector

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08-Sep-18 Foreign investors are keen on Vietnam healthcare as they seek to tap into spending on private services. VinaCapital will invest USD25 mn in hospital operator Tam Tri Medical, while Korea’s Sun Medical Center earlier acquired Nha Khoa My dental clinics. [image: Vietnam Net]

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