Japanese Chamber of Commerce

MNCs in the News-2017-06-23

China’s State Council announces that 27 restrictions relating to foreign direct investment (FDI) in its free-trade zones have been eliminated. China’s non-financial outward FDI (OFDI) plunges by almost 53 percent for the first five months of the year year-over-year (YOY). Chinese legal experts suggest new international legal mechanisms may be needed to deal with disputes involving Chinese OFDI. China’s Huadian, a state-owned enterprises (SOE), and Russia’s TGC-2 announce nearly $600 million joint venture power project has come online. After years of decline because of political tensions Japanese companies now more willing to invest in China. Survey shows Japanese firms willing to increase investment in Thailand especially in Eastern Economic Corridor. Samsung Electronics Co. about to finalize talks on expanding its US production facilities, a move motivated by Donald Trump’s election. Jakarta promises more easing of rules to increase foreign investment. PGN, Indonesia’s National Gas company, plans to make Batam Indonesia a center of natural gas supplies and a “paradise” for energy investors. Malaysia Digital Economy Corp welcomes Japanese ICT firms to use Malaysia as a stepping-stone for entering the Southeast Asian market. Malaysia’s Construction Industry Development Board to participate in bidding process for Indian railway stations’ makeover.

MNCs in the News-2016-02-05

Shanghai’s Jiading People’s Court imposed fines and jail terms on OSI China for 2014 safety scandal. China’s General Administration of Quality Supervision, Inspection, and Quarantine orders Volkswagen to recall defective cars. Chinese outward foreign direct investment (FDI) shows no meaningful adverse impact from Chinese efforts to control capital outflows. China rejects media reports that the China-Indonesia high-speed railway project connecting Jakarta with Bandung has been suspended. COSCO looks to win bids for port contracts in Cyprus. Yahoo Japan besieged by criticism about its efforts to deal with the sale of illegal ivory on its website. Japan and Iran conclude investment pact. Korea’s Fair Trade Commission (FTC) fines Lotte founder and Lotte subsidiaries for false and incomplete reporting of ownership stakes and structures. Korea Water Resources Corporation to partner with Asian Development Bank to limit water waste and improve resource management. Indonesia’s Telekomunikasi blocks Netflix. Indonesia moves to remove barriers hindering infrastructure projects. Indonesia religious group calls for additional study of Jakarta-Bandung high speed rail. Japanese investors encourage Thailand to join the TPP, saying it will have positive investment effects. Vietnam’s Foreign Investment Agency reports positive figures in January for investment growth and disbursements.