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South Korea expands its investment destinations

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18-Oct-18 South Korean capital is leaking out of China, flooding into the US and pouring into South and Southeast Asia. Investments include the world’s largest mobile phone factory, a USD716 mn spend by Samsung Electronics in India. [image: Export-Import Bank of Korea]

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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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GCC fertiliser exports grow amidst trade tensions

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16-Sep-18 Fertiliser exports from the Gulf Cooperation Council region reached 20 mn tonnes in 2017, growing by 5.3% year-on-year and at a 6% 10-year CAGR. India, Brazil and the United States were the top three export markets. [image: Projects MENA]

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Kroger to start selling products directly to Chinese shoppers

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14-Aug-18 Kroger, the largest American supermarket chain, is partnering with Alibaba in China to offer products from its organic and natural line, Simple Truth, through Alibaba's Tmall platform, in an effort to keep pace online with Walmart and Amazon. [image: China Daily / Agencies]

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American Asian supermarket chain adopts Alipay

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29-Jun-18 One of the largest Asian supermarket chains in the United States, New York-based 99 Ranch Market, will soon begin accepting mobile payments via Alipay, a third-party mobile and online payment platform developed and owned by China-based Ant Financial. [image: Progressive Grocer]

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