September 11, 2013
Source: The Times of India
China has emerged as the world’s third largest investor as foreign direct investment (FDI) from the communist giant jumped by 17.6 per cent last year defying a global pattern.
China’s outbound FDI rose 17.6 per cent year-on-year in 2012 to a record high of $87.8 billion, according to the 2012 Statistical Bulletin of China’s Outward Foreign Direct Investment (ODI) by the ministry of commerce. More…
September 3, 2013
Source: Viet Nam News
Foreign direct investment (FDI) inflows in Viet Nam is expected to sharply increase in the 2014-15 period as the stable economy would create favourable conditions for the flow.
The National Financial Supervisory Committee (NFSC) last week released the latest forecasts for the economy in the 2014-15 period, showing that the FDI would see a high growth rate because of world economic improvement. More…
September 3, 2013
Source: Business Standard
Bhutan is looking at attracting more foreign investments and greater private participation in expanding the country’s hydro power sector.
“We encourage private sector participation in the hydro power sector. We encourage Foreign Direct Investment (FDI),” Bhutan’s Prime Minister Tshering Tobgay said here today, addressing industry chambers – CII, Ficci and Assocham. More…
August 27, 2013
Source: World Bulletin
Mongolia plans to scrap a controversial law designed to curb foreign ownership in what it considers to be strategic sectors, such as mining, a government official said, as the country seeks to kickstart its stalled economy.
The new measure, if passed, will replace the 2012 Strategic Entities Foreign Investment Law (SEFIL), which analysts say has been partly responsible for a slump of 43 percent in overseas investment in the first half of 2013, on an annual basis. More…
August 27, 2013
Source: Viet Nam News
Foreign investors poured a total of US$12.63 billion in Viet Nam during the past eight months, an increase of 19.5 per cent over the same period last year.
The Foreign Investment Agency (FIA), under the Ministry of Planning and Investment, reports that as of August 20, nearly 770 new projects were licensed, representing registered capital of over $7.4 billion, a year-on-year increase of 12.2 percent. More…
August 14, 2013
Source: Viet Nam Net
The head of the Ministry of Planning and Investment, when admitting that Vietnam has lagged behind the neighboring countries in attracting foreign direct investment (FDI), has reassured the public that Vietnam has become “wiser” in licensing foreign invested projects.
“We have become wiser with stricter regulations, which can explain why the gap between the registered FDI capital and the implemented capital has been narrowed,” Bui Quang Vinh, Minister of Planning and Investment, said, citing the figure about the disbursement in the first 7 months of the year. More…
August 7, 2013
Reposted from The Financial Times
Painting of Asia showing the extent of the Mongol empire under Genghis Khan. I t is surrounded with depictions of a typical Mongol cavalryman, Mongol arrowheads, and hunting and battle scenes.
By Pan Kwan Yuk
One day you are hot, the next day you are not – and so it is with Genghis bonds which have suffered a sharp market correction in the wake of June’s market rout.
Back in November, eyebrows were raised in the emerging markets debt investment community when Mongolia – a country that has been rescued five times in the past 22 years by the International Monetary Fund – managed to raise $1.5bn at a price below Spain’s borrowing costs.
At the time, many took the sale, which was 10 times subscribed and attracted $15bn in bids – as yet another sign that investors who were flushed with cash and desperate for yields were jumping into markets that they did not fully understand. More…
August 5, 2013
Reposted from National Securities LLC
By Uyanga Tuya & Tserenlkham Zorigtbaatar
Mongolian political life in the first half of the year was relatively calm with 3 key events. Firstly, the passing of the highly anticipated laws, such including the much discussed SEFIL law (FDI Law) and the new Securities Law in April and May respectively, and the swearing in of two new parliament members.
Secondly, Mongolia hosted the 7th Ministerial Conference of the Community of Democracies was held from 27th to 29th April 2013 in Ulaanbaatar. Finally and clearly the main political event of the first half of 2013 was the presidential election, which was won by the incumbent President, Mr. Elbegdorj. More…
August 1, 2013
Reposted from Reuters
By Peter Thal Larsen
(The author is a Reuters Breakingviews columnist. The opinions expressed are his own)
Mongolia’s fairytale economic boom is developing cracks. The failure of the country’s fifth-largest bank and delays to the development of its giant copper mine underscores fears that its growth potential is built on shaky foundations. Yet greater economic realism may ultimately be welcome. More…
July 22, 2013
Afghanistan is creating incentives to attract FDI to assist with its recovery
Reposted from Fox News
The Afghan government on Sunday unveiled a new package of incentives to attract desperately needed investment to the war-torn country before NATO withdraws next year.
The new policies, which will remain in place for two and a half years, are designed to ease fears that billions of dollars in aid money could dry up and to encourage investors — both foreign and Afghan — to sink money into the economy. More…