Fuji Heavy Industries

MNCs in the News-2015-09-18

China and the US step up negotiations on a bilateral investment treaty (BIT). US companies face intensification of pressures to accommodate Chinese government’s information technology security anxieties. US backs off imposing sanctions against Chinese companies benefitting from commercial hacking activities. China’s General Administration of Quality Supervision, Inspections, and Quarantine tells FAW-Volkswagen to do more in regards to Sagitar defect. Chinese outward foreign direct investment (FDI) registers impressive growth in first eight months of 2015 and all of 2014 with One Belt, One Road (OBOR) investment continuing to soar. Lenovo is working to ensure its server products can be purchased by US government agencies. China will help set up infrastructure to promote China-ASEAN internet connectivity and the 21st Century Maritime Silk Road. Japan’s Kayaba Industries Co. pleads guilty to price fixing scheme and accepts large fine. Korea’s National Tax Service undertakes tax audit of Mercedes-Benz Korea. Korean government pushes foreign businesses to hire more workers, especially young workers. Indonesia is moving to implement incentives to boost foreign investment in refinery operations. Vietnam takes heed of complaints of Korean business community.

MNCs in the News-2015-02-06

China Banking Regulatory Commission (CBRC) encourages Chinese banks to use more domestic technology. China’s moves to fight tax avoidance by MNCs raise fears among foreign firms in China. American Chamber of Commerce in Beijing raises concern about Chinese agricultural policies. Chinese railway firm pursues railway project cancellation compensation from Mexico while Chinese agencies express hope Chinese rights will be protected. Japan’s Ministry of Health, Labor, and Welfare will slap business suspension order on Novartis. Japanese car companies suffering from US West Coast port labor strikes. World Economic Forum (WEF) ranks Korea among the lowest in terms of policy transparency. Foreign business associations in Korea lobby Korea to control labor costs and unions. Foreign companies charge Korean Fair Trade Commission (KFTC) is biased.