Labor

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.

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.