Delhi

MNCs in the News-2016-10-28

Chinese outward foreign direct investment (FDI) exceeds inward FDI (IFDI) by an increasing amount in September and for the first nine months of 2016. Chinese companies embrace diverse strategies to ensure host country stakeholders embrace their investments. ChemChina’s interactions with the European Union (EU) over its Syngenta acquisition raise new uncertainties about the deal. Chinese FDI flows into Germany now are almost double what they were for the prior ten years! Businesses from the Philippines glom in large numbers onto President Roberto Duterte mid-October trip to China. China Everbright Ltd. CEO criticizes the motives behind some COFDI. Toyota is waiting for news from the United Kingdom (UK) about the post-Brexit tariff situation before making any decisions about future investments in the UK. Despite Brexit, Nissan opts to built its new Qashqai model in the United Kingdom (UK). Japanese firm wins new contract work for Delhi-Mumbai freight railway. Marubeni and Sojitz win multi-billion dollar gas-fired power plant station contract in Indonesia. Korea Electric Power Corporation signs mega-contract to operate four UAE nuclear power plants that it also will build. FDI flows into Indonesia increased 7.8 in the third quarter year over year (YOY). Japanese firms show increasing confidence in increasing their investments in Indonesia. FDI flows into Thailand increase minimally, reflecting limited confidence in the country’s growth prospects. Foreign technology firms push Thailand to undertake various measures to maintain and advanced its status as a “digital nation.” Malaysian Prime Minister Najib Razak will focus on getting more Chinese investment during his trip to China. PowerChina International, Shenzhen Yantian Port Group, and Rizhao Port Group will work with Malaysia on a deep sea port in the Strait of Malacca.

MNCs in the News-2016-02-26

China will ban foreign companies, including foreign-invested joint ventures (JVs), from publishing online media, games, and other creative content within China’s borders. Deals involving Chinese companies receive the highest number of Committee on Foreign Investment in the United States (CFIUS) reviews for the third straight year. US administration and Congressional sensitivity to Chinese investments in the US reportedly grows. Indian bullet train deal with Japan leads to new construction and parts opportunities for Japanese companies. Violent protests in Rohtak forces Maruti Suzki to suspend its production activities. Korea Industrial Complex Corporation will help Hoa Khanh Industrial Complex develop industrial symbiosis projects. Korea’s Ministry of Culture, Sports, and Tourism awards integrated casino resort project to U.S. casino operator Mohegan Sun. Indonesia negative list and other policy measures directed at foreign investors draw increasing attention to the country. Indonesia’s Investment Coordinating Board plans to boost foreign investment from Southeast Asia countries, especially Singapore and Malaysia. Indonesia’s cold-storage industry hopes government will act to shape the form and location of FDI in its sector. The Thai Payment Network will issue millions to card to advance government’s national e-payment initiative. Thailand’s Board of Investments will open branches abroad to help Thai companies invest overseas.