Announcement & Latest News

/Announcement & Latest News

Toronto’s Tech Ecosystem Attracted Over $1.4 Billion International Investment in September

Toronto has never seen momentum like it’s experiencing right now. In September alone, the city drew over $1.4 billion in investment from U.S. and Canadian companies, ranging from global tech giants to local startups. Discussion surrounding Toronto’s position as one of the world’s major tech hubs is nothing new, especially with Sidewalk Labs moving in and Amazon announcing [...]

Toronto’s Tech Ecosystem Attracted Over $1.4 Billion International Investment in September 2018-10-15T02:11:00+00:00

Vietnam to Approve TPP-11 by November

Hanoi's ratification would be fourth of six needed for trade deal to take effect Vietnam will likely ratify the 11-member Trans-Pacific Partnership trade agreement in a parliamentary session ending in November, Prime Minister Nguyen Xuan Phuc told Nikkei and other outlets Saturday, in what would be a major step toward bringing the deal into [...]

Vietnam to Approve TPP-11 by November 2018-10-12T02:21:51+00:00

Vancouver’s Seaspan to invest US$200 million into Singapore’s Swiber

Vancouver’s Seaspan Corp. is set to add another major shipping industry asset to its fleet. On October 3, the world’s largest independent containership owner announced that it plans to invest up to US$200 million in the restructured Swiber Holdings Ltd. Investment in the Singapore-based offshore oil and gas field engineering and construction business follows Seaspan’s [...]

Vancouver’s Seaspan to invest US$200 million into Singapore’s Swiber 2018-10-04T03:26:52+00:00

Technology is the Top Investment Priority for SMEs in Vietnam

According to the ASEAN SME Transformation Survey conducted by the United Overseas Bank (UOB), EY and Dun & Bradstreet, small- and medium-sized enterprises (SMEs) in Vietnam have made technology their top investment priority to ensure growth. The study found that close to three in five Vietnamese SMEs favour investments in technology over traditional areas such as [...]

Technology is the Top Investment Priority for SMEs in Vietnam 2018-10-04T03:18:51+00:00

Magna Provides Engineering Expertise to New Automaker VinFast

Asia represents one of the strongest growing automotive markets in the world, and Magna has further strengthened its presence in the region through a cooperation agreement to provide complete vehicle engineering and development services for VinFast Manufacturing and Trading Company Limited of Vietnam. Magna's complete vehicle team has responsibility for the full vehicle development of two [...]

Magna Provides Engineering Expertise to New Automaker VinFast 2018-10-02T02:57:11+00:00

Co-owners Give $40-billion LNG Canada Project Green Light in B.C.

A $40-billion energy megaproject on the West Coast has been approved in a decision expected to revitalize the economy of northern British Columbia. LNG Canada says it will create thousands of temporary jobs and hundreds of permanent ones in a region that has been an economic laggard as the Royal Dutch Shell PLC-led liquefied [...]

Co-owners Give $40-billion LNG Canada Project Green Light in B.C. 2018-10-01T21:18:50+00:00

SNC-Lavalin Signs Project Management Contract in Vietnam

Montreal-based engineering firm SNC-Lavalin Group Inc. has signed a project management contract with Long Son Petrochemicals Co. Ltd. (LSP), a subsidiary of the Siam Cement Public Co. Ltd. (SCG) of Thailand, for work on the first integrated petrochemicals complex in Vietnam. Under the agreement, SNC-Lavalin and LSP will form an integrated team of dedicated [...]

SNC-Lavalin Signs Project Management Contract in Vietnam 2018-09-26T22:12:39+00:00

LNG Canada Decision Poised to be Announced Next Week

Royal Dutch Shell Plc and its partners are set to announce a decision on their $40 billion (US$31 billion) liquefied natural gas terminal in western Canada as early as next week, amid signs the companies are poised to approve it, according to people familiar with the plans. LNG Canada — backed by Shell, Mitsubishi [...]

LNG Canada Decision Poised to be Announced Next Week 2018-09-26T22:03:12+00:00

CAE-Cebu Pacific Joint Venture, Philippine Academy for Aviation Training, Expands Training Capacity

The CAE-Cebu Pacific joint venture, Philippine Academy for Aviation Training (PAAT), recently announced the expansion of its training capacity with the acquisition of a new Airbus A320NEO full-flight simulator. The CAE7000XR Series FFS, equipped with the CAE Tropos™ 6000XR visual system for unprecedented realism, will serve the growing pilot training needs of Cebu Pacific [...]

CAE-Cebu Pacific Joint Venture, Philippine Academy for Aviation Training, Expands Training Capacity 2018-09-25T04:11:00+00:00