NNA Asia top stories Friday, Jan. 11

TOKYO, NNA – The following are the top stories from NNA Asia for Friday, Jan. 11.

Philippine regulator rejects ride-hailing application by Indonesia’s Go-Jek, saying its unit does not meet local ownership rule

Thailand sees investment plans worth 901.7 baht ($28.2 billion) in 2018, +43% y/y, boosted by Eastern Economic Corridor development

PBOC governor tells Chinese media central bank supporting economic growth with easing policy, current liquidity adequate

Japan’s Asahi Group Foods to sell food for infants, pregnant women in Vietnam

Japanese restaurant chain operator Toridoll to invest 100 million rupees ($1.4 mln) in India’s Kalpavriksh Fund

NNA Asia headlines

  • Toyota supplies fuel cell vehicle parts to China's Foton Motor and Beijing SinoHytec
  • Japan's Kokuyo sets up imported furniture sales unit in Indonesia with local firm Wadah Atelier
  • Sanyo Engineering to buy 24.18% stake in Vietnamese electrical engineering firm Searefico for 811 million yen ($7.25 million)
  • Taiwan March export orders post 5 straight months y/y drop, down 9% at $38.6 billion
  • Japan leasing firm Tokyo Century to buy 20% of auto leasing/sharing unit of Myanmar conglomerate Yoma Strategic for $26.6 million