Category: Asia Pacific Finance

Cost of Namma Metro escalates, India

The Ministry of Housing and Urban Affairs has announced an increase of INR42.90 billion for Namma Metro Phase II. Bangalore Metro Rail Corporation Limited (BMRCL) had initially estimated the cost of t... This content is...

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Kinetic acquires NZ Bus and Merseylink, Australia

Australia-based Kinetic has acquired New Zealand-based NZ Bus Limited. With the acquisition, Kinetic has become the largest operator of battery electric buses in the Australasia region. Under Kinetic... This content is available...

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MMRDA approves 2022–2023 budget, India

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved a budget outlay of INR184,046 million for 2022–2023. The MMRDA estimates an expenditure of INR184,046 million during 2022–202... This content is available...

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MTR acquires OHL shares from Bravo Transport

MTR Corporation has announced that it has acquired 2.78 million shares of Octopus Holdings Limited (OHL) from New World First Bus and Citybus, subsidiaries of Bravo Transport Services Limited.

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