FTA

MNCs in the News-2016-07-01

At the Annual Meeting of Champions, Chinese Premier Li Keqiang stresses the value of foreign direct investment (FDI) and China’s plans to create a better environment for them. Some fret Microsoft’s acquisition of LinkedIn will complicate LinkedIn’s position in China. China’s State-Owned Assets Supervision and Administration Commission (SASAC) reports that China’s state-owned enterprises are increasing their outward activities. Huawei still plans to go forward with multi-billion dollar U.K. investment despite Brexit. Malaysia-Singapore high-speed rail bid to open next year and likely will feature strong competition between Chinese and Japanese firms. Coming into effect of Korea-EU Free Trade Agreement opens up new opportunities for European law firms to set up joint ventures (JVs) with Korean ones. End of sanctions and high-level summits create opportunities for Doosan heavy Industries & Construction in seawater desalination sector in Iran. Indonesian Investment Coordinating Board (BKPM) to help American firms explore opportunities in Indonesia’s mining and infrastructure sectors. BKPM Chairman Franky Sibarani does not see Brexit affecting British investment in Indonesia. Registered FDI in Vietnam continues to show impressive growth with strong increases in FDI flowing into the manufacturing and processing sectors. Vietnam’s Ministry of Education and Training works to create a better environment for education investing in Vietnam.

MNCs in the News-2015-08-28

China dials up new leadership at its telecommunications giants. Tsinghua Unigroup attempts to chip away at opposition to its purchase of Micron Technology. China investors see stable investment returns on offer in the UK. China’s Yunnan province pushes infrastructure construction to support the One Belt, One Road (OBOR) and other initiatives. Alibaba given 6-month extension to operate in Taiwan while Taiwan appellate body review its case. Japan strives to strengthen its medical and pharmaceutical firms. Japan and Mekong River nations adopt “Mekong Industrial Development Vision.” Japan and China competition to build high-speed railway in Indonesia reaches its final stages. Korea touts its advantages and pursues new policies in order to double inward foreign direct investment (FDI). Korea orders recalls of select Ferrari cars, Harley Davidson motorcycles, and Volvo trucks due to various defects. Toyota puts the brakes on Prius production in Thailand due to tariff dispute. Foreign business leaders in Thailand believe Erawan Shrine bombing will not influence FDI inflows. Investors express complain about the vagueness of Vietnam’s new foreign investment guide.