Malaysia

MNCs in the News-2015-10-09

Leading car hailing services apply for legal status from Chinese authorities. The US has identified Chinese companies that it feels profited from Chinese military hack of US corporate data. Inward FDI in Korea is heavily concentrated around Seoul, though the trend is not as strong as in past years. Korea is considering imposing “Google tax” on mobile and electronic device app and content purchases. Volkswagen Korea will issue written apology for software that provided deceptive vehicle emissions data. Hansae plans to build a large plant in Haiti to jump US tariff walls. Indonesia grapples with Japan’s displeasure with its awarding of a medium-speed speed rail project to China. Malaysia expresses confidence that state-linked firms are capable of dealing with the challenges of TPP related competition. Singapore pressures retailers not to do procure from or sell the products of firms associated with massive fires in Indonesia that are polluting Singapore. Taiwan’s Environmental Protection Agency will take measures against Volkswagen for its scheme to circumvent environmental regulations.

MNCs in the News-2015-07-17

Food labeling scam smears name of German grocery chain in China. Tsinghua Unigroup Ltd. to bite at US chipmaker Micron Technology. China pursues investment in European Fund for Strategic Investments. Chinese solar firms invest overseas to jump trade barrier walls and diversify. Huawei connects to EU 5G Public Private Partnership. Malaysian Investment Development Authority touts the country’s jump in a Foreign Policy magazine ranking of foreign investment destinations. Malaysian officials encourage Chinese investment in non-construction sector and in building up Malaysia’s internal transportation network. Vietnam holds forum to solicit expect views on foreign investment in the agricultural sector. Vietnamese software firm gains coveted license to run wholly owned telecommunications service operation in Myanmar. Google adjusts name of disputed South China Sea reef in response to Filipino protests.

MNCs in the News-2015-05-29

Hewlett-Packard (HP) sells majority stake in Chinese networking division to Tsinghua University. Beijing will open its service sector to spur greater foreign investment. Blocked Twitter actively courts Chinese companies at Shanghai event. China’s Ministry of Industry and Information Technology contemplates new software security guidelines. Chinese gold miners in Sudan face unexpected loss of business opportunities due to sudden government termination order. Japanese Prime Minister Abe proposed huge increase in infrastructure financing to aid Japanese businesses and counter China. Indonesia’s Investment Coordinating Board and Indonesian Consulate General in Osaka sign agreement to cooperate on attracting Japanese investment into Indonesia’s maritime sector. Indonesia reaffirms it will takeover Total’s Mahakam gas block and a PT Freeport Indonesia controlled gold site. Vietnam expects law changes to spur new foreign direct investment (FDI) flows into its construction sector. Russia and Vietnam probe expanded investment cooperation.

MNCs in the News-2015-01-02

China’s Ministry of Commerce (MOFCOM) expects stable inward foreign direct investment (FDI) flows. Qualcomm taking steps to address National Development Reform Commission (NDRC) concerns, but still at risk of serious NDRC actions against it. Subway gets bitten over reports of doctored food expiration dates at a Beijing franchise. Chinese car dealer complaints to government force foreign auto companies to put on the brakes in sending cars to dealers. Facebook adjustments to user content raise questions about the company’s dealings with China. Beijing Economic-Technological Development Area connects with LinkedIn Corp. to attract talent. Japan and Thailand explore railway infrastructure cooperation. Foreign pharmaceutical firms in Korea are trying to get workers to swallow a bitter bill as they seek to downsize. Hyundai Motor wins approval from Chongqing and Changzhou to build two new car factories. Malaysia eases restrictions on Indonesian banks to further regional financial integration. Vietnam’s Ministry of Planning and Investment launches new national foreign investment information system.

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