Richard Pieris to invest US$ 80 m
On Indonesian palm oil plantation:
Diversified blue chip Richard Pieris and Company
will shortly invest US$ 80 million on a 16,000 hectare palm oil
plantation in Indonesia. “We are in the process of serious
negotiations to take over 16,500 hectares of land in Indonesia,
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APEC proposes parallel Asian regional currency
The Advisory Group on Asia Pacific Economic
Council (APEC) Financial System Capacity Building Co-Chair Gary Judd
proposed a parallel Asian regional currency which is less ambitious
than a new global reserve currency.
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Countries have not leant enough from crises - Governor
Search for responses in a wise manner to deal
with the next shock to economic stability, Central Bank Governor
Ajith Nivard Cabraal said. Speaking at the seventh South East Asian
Central Banks (SEACEN) public- private dialogue for the Asia Pacific
Region held in Colombo yesterday,
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