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Warburg-backed ESR mulls REIT IPO of Korean assets

Bloomberg Logistics real estate developer ESR Cayman Ltd is considering an initial public offering of a real estate investment trust consisting of South Korean assets, people familiar with the matter said, weeks after it raised $1.8 billion in a Hong Kong listing. The Warburg Pincus LLC-backed company recently invited banks to pitch for the potential share sale in South Korea, ...

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Vietnam-linked hacking group hits Toyota, other companies

Bloomberg A Vietnam-based hacking group is learning from China’s playbook, using increasingly sophisticated cyber-attacks to spy on competitors and help Vietnam catch up to global competitors, according to cybersecurity experts. In the last two years, the group, which is believed to be tied to the Vietnamese government and known as APT32, has ramped up its cyber-espionage, particularly in southeast Asia, ...

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Pakistan is planning tax breaks for some sectors in new policy

Bloomberg Pakistan is considering offering tax breaks to various industries with export potential as it looks beyond textiles to boost outbound trade, an adviser to prime minister Imran Khan said. Engineering, chemicals, technology and footwear are among 20 sectors identified for incentives, Abdul Razak Dawood, the commerce and investment adviser to the prime minister, said in an interview in Islamabad. ...

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