Tuesday , November 26 2024

Recent Posts

17 shareholders own 60% stake in OCB

Orient Commercial Bank is 60% owned by 17 individuals and businesses, according to a company release. Japan’s Aozora Bank is the biggest shareholder with a 15% stake. Portal Global Limited owns 3.03% and Pyn Elite Fund has 2.42%. Chairman Trinh Van Tuan and his affiliates own a 19.9% stake in …

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Southeast Asia’s largest economy launches 10-year ‘Golden Visa’

Indonesia launched a long-term visa scheme on Thursday intended to attract foreign investors, President Joko Widodo said, with amounts of up to $10 million giving them a 10-year visa and access to Southeast Asia’s largest economy. The five-year “Golden Visa” requires individual investors to set up a company worth $2.5 …

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