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Investment News 10/2007



Pushing investment rate to higher level (The Star Online)
There is a need to stimulate the domestic economy, particularly investment, as the economy has largely been driven by consumption and the external sector in the past several years. Now that the external segment has toned down, the domestic sector has little choice but to step up further.
Domestic investment climate in need of help (Chinapost.com.tw)
Over the weekend, the Ministry of Economic Affairs released results of an annual survey of local manufacturers who were asked to give their opinions about the domestic investment environment.
Seaports: good destinations for foreign investment now (Vietnam Net)
VietNamNet Bridge – The government of Vietnam has been calling for foreign investment in domestic seaport system development, and foreign investors have responded enthusiastically.
UAE's capital to upgrade airport with US$7 bln investment (Eastday.com)
The United Arab Emirates (UAE)'s capital of Abu Dhabi will upgrade its airport with an investment of US$7 billion to meet increasing needs in air traffic, local newspaper Gulf News reported yesterday.
Assam Delegations To Visit Thailand To Attract Investment (Asia Pulse via Yahoo!7 News)
Two delegations from Assam one from the government and another from the business sector will leave for Thailand tomorrow with the aim to attract investment for the state, Assam Industries Minister Pradyut Bordoloi said on Friday.
ASSAM DELEGATIONS TO VISIT THAILAND TO ATTRACT INVESTMENT (Asia Pulse via Yahoo!7 Finance)
India / Nepal   Two delegations from Assam one from the government and another from the business sector will leave for Thailand tomorrow with the aim to attract investment for the state, Assam Industries Minister Pradyut Bordoloi said on Friday.
RUXX investment index set to open 0.42% down (Russian Information Agency Novosti)
MOSCOW, October 1 (RIA Novosti) - Russia's investment index will open Monday at 827.01 points, down 0.42% following Friday evening's sessions on major world trading floors.
CEOs want easy ECB rules to boost investment - CII (Reuters via Yahoo! India News)
NEW DELHI (Reuters) - Indian firms want a relaxation in overseas borrowing rules as they plan to spend 25 percent of their investment in infrastructure projects in the next five years, a survey on chief executives said.
Singapore's DBS hires head of investment banking from ING (Reuters via Yahoo! Malaysia News)
SINGAPORE, Oct 1 - Singapore's DBS Group Holdings has hired Elbert Pattijn from ING Bank as its new head of corporate and investment banking, the bank told Reuters on Monday.
UBS chief takes charge of investment banking (Financial Times)
Marcel Rohner, UBS ’s new chief executive, is to take personal charge of the Swiss bank’s investment banking arm after heavy fixed income losses plunged it into the red in the third quarter.
China Policy On Housing Loans To Curb Speculative Investment (Asia Pulse via Yahoo!7 News)
The new policy on housing loans released by China's central bank and the China Banking Regulatory Commission (CBRC) to enhance management of commercial housing loans is expected to curb speculative investment in real estate market.
CHINA POLICY ON HOUSING LOANS TO CURB SPECULATIVE INVESTMENT (Asia Pulse via Yahoo!7 Finance)
Housing   The new policy on housing loans released by China's central bank and the China Banking Regulatory Commission (CBRC) to enhance management of commercial housing loans is expected to curb speculative investment in real estate market.
Sharjah Investment Centre sells out all of its industrial plots in phase1 (AME Info)
Sharjah Investment Centre, one of the leading real estate developments in Sharjah, announced the selling out of all the industrial plots that form stage one of the project.
Investment help is easy to find, but not everyone plays by the same rules (New York Daily News)
Investment help is easy to find, but not every money guru with answers is playing by the same rules. Related: Market puzzle: When to hold, when to fold
News: Investment club rides out market troubles: Bosses of $200,000 portfolio react to summer volatility (Stanford Daily)
Most summers, members of the Blyth Fund investment club take a break from their academic year discussions about portfolio monitoring and buying securities.
Carlisle ponders first step to Downtown Investment District (The Sentinel)
Carlisle Borough Council may consider taking the first step on Oct. 10 in the process to implement a proposed Downtown Investment District.
Cuba to open new stage in foreign investment (IANS via Yahoo! India News)
Havana, Oct 1 (IANS) In what may be seen as an attempt to open up its economy, Cuba is preparing to invite more foreign investment in a 'new climate' in the country and to prevent errors committed in the past, Foreign Investment Minister Marta Lomas said.
Washington Real Estate Investment Trust "outperform," estimates raised (New Ratings)
NEW YORK, October 1 (newratings.com) - Analysts at Robert W Baird maintain their "outperform" rating on Washington Real Estate Investment Trust ( WRE.NYS ), while raising their estimates for the company. The target price is set to $47.
Saudi Arabia At 23rd Spot For Best Investment Climate (Bernama)
DUBAI, Oct 1 (Bernama) -- Saudi Arabia has jumped 15 places to 23rd for best investment climate among 178 countries evaluated on the basis of 10 indicators that affect their business environment, according to the World Bank's Doing Business 2008 report.
Thailand approves Honda’s eco-car investment (Khaleej Times)
BANGKOK - Thailand’s state-run investment promotion agency on Monday approved an investment worth nearly 200 million dollars by Japan’s Honda Motor Co. to produce fuel-efficient cars in the kingdom.
Thomas Weisel Partners to acquire investment bank Westwind for $146.7M (The Canadian Press via Yahoo! Canada News)
SAN FRANCISCO - Thomas Weisel Partners Group Inc. has struck a deal to acquire Westwind Partners of Toronto, an institutionally oriented investment bank focused on energy and mining sectors, for $146.7 million in stock and cash.
Insufficient investment in Eastern Siberia's resources exploration (RosBusinessConsulting)
RBC, 01.10.2007, Moscow 13:10:05. Investment in hydrocarbon exploration in Eastern Siberia is currently 4 to 5 times below the required level, Natural Resources Minister Yury Trutnev told a press conference held by RBC today.
Toronto investment bank Westwind bought by Thomas Weisel for US$146.7M (Canadian Business)
TORONTO - Westwind Partners, a 5½-year-old Toronto investment bank focused on the mining and energy sectors, is being taken over by Thomas Weisel Partners Group Inc. of San Francisco in a deal valued at US$146.7 million.
Technology Investment to Change Name (AP via Yahoo! Finance)
Technology Investment Capital Corp., which invests in technology-related companies, said Monday it plans to change its name to TICC Capital Corp. and broaden its investment policy to include other sectors.
South Africa: Fair Trade - Wesgro Exceeds Investment Target (AllAfrica.com)
Western Cape investment and trade promotion agency Wesgro facilitated nine outward trade and investment missions to key markets during the 2006-07 financial year, including countries that form part of the agency's Western African Trade Corridor programme, the agency said in its annual report.
Northeast investment week begins in Bangkok (IANS via Yahoo! India News)
New Delhi, Oct 1 (IANS) In a bid to promote India's northeast to foreign investors, a Northeast India Trade and Investment Week was started in Bangkok Monday.
U.N.: Urban crime drives away investment (USA Today)
Fear of crime is driving investment away from cities in developing countries, where over half of all urban residents have been victims in the last five years, a United Nations report warned Monday.
Jakarta to foster investment cooperation with New South Wales (Antara News)
The Jakarta administration was expected to foster investment and trade cooperation with Australia`s state of New South Wales in the framework of sister city cooperation, Jakarta Deputy Vice Governor Fauzi Bowo said here Monday.
China's overseas investment rises 60% annually (Eastday.com)
China's net overseas investment hit US$21.16 billion in 2006, with an annual average growth rate of 60 percent over the past five years, according to a newly issued government statistical gazette.
Jakarta To Foster Investment Cooperation With New South Wales (Bernama)
JAKARTA, Oct 2 (Bernama) -- The Jakarta administration was expected to foster investment and trade cooperation with Australia's state of New South Wales in the framework of sister city cooperation, Jakarta Deputy Vice Governor Fauzi Bowo said.
Philippine State Pension Fund Eyes Overseas Investment (Nasdaq)
MANILA -(Dow Jones)- The Philippine state pension fund, Social Security System, or SSS, is looking at investing as much as PHP17.25 billion ($385 million) overseas and will soon start accepting proposals from fund managers to handle the investment, SSS President Corazon dela Paz said Tuesday.
RUXX investment index set to open 0.67% up (Russian Information Agency Novosti)
MOSCOW, October 2 (RIA Novosti) - Russia's investment index will open Tuesday at 832.52 points, up 0.67% following Monday evening's sessions on major world trading floors.
An investment that could change the world? (MSN Money Canada)
I've just finished the best and most exciting investment book I've read in recent memory, and I recommend it strongly. In fact, if you've spoken to me in the last few weeks, it's certain that you've heard me go on about it. And I'm going to go on about it a bit more right now.
Polychromix Announces Strategic Investment And Technology Advancement Agreement With In-Q-Tel (ChemicalOnline)
Polychromix Incorporated, an innovative developer of material analysis and chemical sensing technologies, recently announced a strategic investment and development agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the mission of the broader U.S. Intelligence Community
Fool's School Investment Club Tips (The Philadelphia Inquirer)
So you want to form an investment club, pooling your brains and money with others and learning together? Good for you! Here are some tips.
Carlisle ponders first step to Downtown Investment District (The Sentinel)
Carlisle Borough Council may consider taking the first step on Oct. 10 in the process to implement a proposed Downtown Investment District.
Fool's School Investment Club Tips (The Philadelphia Inquirer)
So you want to form an investment club, pooling your brains and money with others and learning together? Good for you! Here are some tips.
Global Investment House: Kuwait Stock Exchange performance (Mena Report)
Global Investment House- Kuwait- Kuwait Stock Exchange Performance – September 2007 – During the month of September’ 2007, Kuwait market continued its northward movement. “Global” General Index reported a monthly increase of 0.77% as it ended the month of September-07 at 393.98 points.
Taiwan Labor Insurance Fund awards 44.9 bln twd stock investment deal to 7 cos (Sharewatch)
TAIPEI (XFN-ASIA) - The Labor Insurance Fund has awarded 44.9 bln twd in investment funds to seven securities investment trust fund companies for them to manage and invest in stocks, the Council of Labor Affairs said.
Saudi Investment Bank's outlook cut to negative on planned stake buy - Fitch (Sharewatch)
MUMBAI (Thomson Financial) - Fitch Ratings said it has changed The Saudi Investment Bank's outlook to negative from stable for its long-term issuer default rating, due to the bank's planned acquisition of a 50 pct stake in Bahrain-based Albaraka Banking Group (ABG) via a share swap with ABG's parent.
UES CEO Chubais says 2006-2010 investment programme will be 3.175 trln roubles (FinanzNachrichten)
MOSCOW (Thomson Financial) - RAO Unified Energy System ( Nachrichten ) chief executive Anatoly Chubais told a meeting of the Russian Union of Industrialists and Entrepreneurs (RUIE) that his company's 2006-2010 investment programme will total 3.175 trn roubles, Interfax reported.
RAO UES divulges investment breakdown by industry (RosBusinessConsulting)
RBC, 02.10.2007, Moscow 13:27:42. RAO UES plans to place orders worth a total of RUR1.5 trillion (approx. USD60bn) with related industries as part of its investment program, the energy giant's head Anatoly Chubais told a meeting of the Russian Union of Industrialists and Entrepreneurs today.
Fitch changes Saudi Investment Bank's outlook to negative; Affirms 'A-'/'F2' (AME Info)
Fitch Ratings has today changed The Saudi Investment Bank's (SAIB) Outlook to Negative from Stable for its Long-term Issuer Default rating (IDR).
UES investment could offer related sectors $60 billion in orders (Russian Information Agency Novosti)
MOSCOW, October 2 (RIA Novosti) - Russian electricity monopoly Unified Energy System [RTS: EESR] expects its five-year investment program to bring related industries, orders worth over 1.5 trillion rubles ($60 billion).
Do a little work before picking an investment firm (Princeton Packet)
Q: We were taking a walk in Princeton and were shocked by how many investment firms lined the streets. What are the major differences investors should consider when evaluating different investment firms,
Namibia: Heavy Investment Needed in Agriculture (AllAfrica.com)
AN investment of around N$886 million and much work, mainly in expansion and marketing, still needs to be done by both the Government and the private sector to unleash the potential of the agricultural sector, which has been moribund for a couple of years.
GEQF: Signs Contract with Brazilian Tourism and Investment (Nasdaq)
Global Equity Fund, Inc. (GEQF) announced that it has signed a contract with Brazilian Tourism and Investment. B.T.I. is developing and managing investment properties in Brazil, the latest of which is "The Miami", an upscale art deco development with state-of-the-art communications.
Whitestone Citibank provides professional investment advice (Queens Courier)
Not many banks can brag about having one of the top investment firms associated with their name, but Citibank is fortunate to have Smith Barney as its go-to company for help in the investment world.
Investment Managers Welcome New UK Property Funds, (Tax-News.com)
The Investment Management Association (IMA) has welcomed the UK Treasury's new proposals for a Property Authorised Investment Funds (PAIFs) regime, which will ensure that pension funds charities and SIPP, ISA and CTF investors will no longer pay tax in the funds.
Union Investment Real Estate AG: Ausbau der strategischen Geschäftsfelder (wallstreet:online AG)
Umsetzung der Wachstumsstrategie durch neue Managementorganisation / Bündelung von Spezial-Know how in sechs Asset Management-Einheiten / Fokussiertes Geschäftsmodell als Investment-Manager für Immobilien Die Union Investment Real Estate AG will ihre Wettbewerbsposition im internationalen Immobiliengeschäft durch die Neuaufstellung der Organisation und den Ausbau ihrer Kernkompetenzfelder weiter ...