foreign investment

Mongolia to take Areva uranium stake to help revive investment 0

ArevaSource: Bloomberg Businessweek

Mongolia will take a stake in a domestic uranium venture led by France’s Areva SA and support its development, signaling the nation’s willingness to revive foreign investment, said Prime Minister Norovyn Altankhuyag. More…

UAE keen to undertake substantial investment in Sri Lanka 0

Flag-map-of-sri-lankaSource: The Daily FT

The United Arab Emirates (UAE) has expressed keen interest in undertaking a substantial investment in Sri Lanka and will send a business delegation to the Commonwealth Business Forum to be held in November in Colombo, the External Affairs Ministry said. More…

US firms to invest in Uzbekistan 0

carolyn_lammSource: Uzbekistan Daily

The US-Uzbekistan Annual Business Forum was held in Washington, the United States, Jahon news agency reported. The American-Uzbekistan Chamber of Commerce (AUCC) organized the event. More…

Mongolia to sell up to $1 billion in Samurai bonds, Premier says 0

Mongolia mapSource: Bloomberg Businessweek

Mongolia plans to sell as much as $1 billion worth of Samurai bonds this year and offer foreign investors a new way into its largest coal project as Prime Minister Norovyn Altankhuyag seeks to revive growth. More…

Ten Thai firms eye investing in Myanmar’s Mon state 0

Yangon, MyanamrSource: The Nation

Ten Thai companies are looking to invest in Mon state, Myanmar, to take advantage of the growing business opportunities there.

They are Imac Asset Co, Andaman Seafood Co, Nava Nakorn, Mida Assets, Max Size Co, Shrimp Farming Cooperatives of Thailand, Ten Consultants Co, Ritta Co, Wang Lert Luk Co, and Cape Dara Resort Pattaya. More…

‘Hot money’ dips 60.4 percent to $999M 0

Philippines mapSource: The Manila Times

Foreign portfolio investments to the Philippines, also known as “hot money,” suffered a 60.4-percent dip to $999 million in August from $2.5 million in the previous month.

In a statement on Friday, the Bangko Sentral ng Pilipinas (BSP) attributed the decrease to lower Philippine Stock Exchange (PSE)-listed securities and peso government securities (GS), which recorded at $863 million and $136 million, respectively. More…

Foreign investment rate increases fivefold in wake of new law 0

topimg_22137_myanmar_600x400Source: Eleven Myanmar

Since Myanmar passed the new Foreign Investment Law in November 2012, the rate of foreign investment flowing into the country has increased fivefold, according to the Directorate of Investment and Company Administration (DICA). More…

Korea’s Kumho to expand Vietnam tire production with $100 mil infusion 0

Kumho VietnamSource: Thanh Nien News

South Korea’s Kumho Asiana Group, which has businesses ranging from airlines to property, plans to invest an additional US$100 million in tire manufacturing in Vietnam.

Kumho Tires Vietnam will expand its tire plant in the southern province of Binh Duong to increase annual capacity from 3.15 million to 5 million units. More…

Foreign firms plan to maintain or expand investment in Kingdom, survey finds 0

Bangkok, ThailandSource: The Nation

Most foreign investors in Thailand are bullish on the outlook of their operations here, according to a survey by the Board of Investment.

About 63 per cent of foreign companies plan to maintain their investment through next year, while 34 per cent plan to expand. More…

New draft law on foreign investment submitted to Parliament 0

Flag_of_Mongolia-320x154Source: news.mn

Several draft laws that are designed to attract foreign direct investment were submitted to Speaker Z.Enkhbold by the Minister of Economic Development N.Batbayar on Tuesday September 10th. More…

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