Microsoft

MNCs in the News-2015-10-02

Chinese government agencies stress to foreign businesses that they will do more to create a supportive investment environment. China investigates Schindler for possible bribery. Non-governmental organization calls attention to alleged mistreatment of workers at Apple supplier. China’s Ministry of Commerce fines Bombardier and CSR Nanjing Puzhen, for creating a joint venture prior to obtaining necessary approvals. MOFCOM hits Microsoft and its Xbox game console partner Shanghai Oriental Pearl Media for minor violation of antitrust rules. Private and high-tech Chinese firms achieve a newfound high profile in the business delegation accompanying Chinese President Xi Jinping on his state visit to the US. Unisplendor takes 15 percent stake in Western Digital. Indonesia leaning towards China for Jakarta-Bandung medium-speed rail, but keeps the door open for Japan. Foreign investment in Indonesia’s commodity sectors like mining stagnates. At the 13th World Chinese Entrepreneurs Convention, Indonesia calls for Chinese investment in value added manufacturing, infrastructure, and downstream activities. The European Association for Business and Commerce says European firms still see Thailand remains an attractive destination for investment. Singapore’s state-linked infrastructure firm Sembcorp will join with Bangladesh to build a power plant. Vietnamese industrial parks prove successful in drawing in foreign investment. Vietnam becomes a leading investor in Cambodia.

MNCs in the News-2015-09-25

China announces plan to take its “Negative List” nationwide by 2018. Top Chinese leaders stress China’s continuing interest in attracting foreign direct investment. Analysts see Chinese President Xi Jinping’s meetings with hard-pressed American tech executives as a ploy to fend off US commercial espionage sanctions. Cisco moves to strike partnership with Chinese server maker Inspur in order to regain lost ground in China. Microsoft strikes partnerships with politically connected Chinese firms to bolster its business opportunities in China. Boeing strikes multi-billion dollar deal with Chinese firms and will build 737 completion center in China. US Chamber of Commerce executive expresses discontent with China’s new offer regarding a bilateral investment treaty (BIT). Chinese premier Li Keqiang encourages great outward investment and activity by Chinese SOEs. British Chancellor of the Exchequer George Osborne pushes greater Chinese nuclear investment in the U.K. China and France agree to set up joint investment fund to target third countries. Korean government will probe whether Volkswagen and Audi cars sold in Korea have software that manipulates emissions data. Indonesia continues to strike investment and financial deals with China despite cancellation of high-speed rail plan. Indonesian government plans to give investors more opportunities in downstream energy sector. Foreign firms struggle with Indonesia’s ban on export of raw mineral ores. Thailand moves to address demands of Japanese SMEs.

MNCs in the News-2015-08-14

Inward FDI into China in July shows decent growth. China’s State Council works on the distribution of a draft automobile sector antitrust policy. Vice Chairman of the Shanghai Association of Enterprises with Foreign Investment lauds contribution of foreign firms to Shanghai’s innovation. Qualcomm partnership with Semiconductor Manufacturing Industrial chips away at competitors. Tsinghua Unigroup is on the move to bolster China’s domestic telecommunication chip capabilities. Chinese outward foreign direct investment soars in first six months of the year versus the prior year. Chinese firms pour money into Germany. Mitsubishi Materials works to settle restitution cases with Chinese laborers. South Korean companies very willing to work in North Korea. Japanese and Chinese battle to win high-speed rail opportunity in Indonesia. Indonesia Investment Coordinating Board (BKPM) one-stop service wins new rights to permits for the oil and gas sector and minerals and coal mining sector.

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.

MNCs in the News-2015-01-23

HP faces worker protests at telecommunications equipment subsidiary in China. China’s Ministry of Commerce (MOFCOM) proposes numerous important legal changes pertaining to foreign direct investment (FDI). China to legalize Variable Interest Entities, though longer-term consequences remain unclear. China plans to vet foreign Information Technology (IT). China’s Cyberspace Administration accused of hacking Microsoft Outlook, a charge it strongly refutes. China plans to build massive hundred billion dollar high-speed railway connecting Beijing and Moscow. Sri Lanka shifts from threatening cancellation of Chinese Colombo port deal to seeking renegotiation. Japanese FDI in China plummets in 2014 due to diverse political and other factors. The Korean Fair Trade Commission (KFTC) slaps penalties on Volvo and J Commerce for false advertising. Indonesian Trade Minister Rachmat Gobel courts Japanese investors during visit to Japan. Taiwanese Economic and Trade Office in Indonesia representatives pursue closer investment relationship with Indonesia.

MNCs in the News-2014-11-28

China’s National Development and Reform Commission (NDRC) positive about “negative list” approach. Volkswagen touts its commitment to become the “most sustainable car manufacturer in China.” Mercedes-Benz fuels up its contribution to child and road safety initiatives. China reportedly hits Microsoft with major back tax bill. Henan allocates billions of dollars in incentives to attract Foxxconn and other multinational corporations (MNCs). China-South Korea Free Trade Agreement (FTA) expected to prompt increased Chinese investment in South Korea. Politics and competitive dynamics pressure Japanese carmakers in China. Indian Prime Minister Modi ensures supportive environment for Nissay’s investment in Reliance. Honda under fire in US for failing to report accidents and deaths for past 10 years or so. Japan looks to expand financing for defense exports and cooperation. Australia struggles to maintain a high level of foreign investment in major mining projects. Indonesia announces ambitious plans for technology and industrial parks.

MNCs in the News-2014-10-10

Intel to chip in billions in two Chinese mobile chipmakers. FT analysis of Chinese anti-trust actions fails does not conclusively reveal any anti-foreign bias. Microsoft and China work to coordinate a trustworthy antitrust investigation. Let the Microsoft Xbox games begin as Xbox One launches in China. iPhone 6 and 6 Plus get connected in China. Chinese clothing contract manufacturers and end buyers tighten their belts. Long running China-European Union telecommunications dispute set to get hung up. Sino-German investment cooperation grows with billions of dollars in deals. Japanese banks set up fund in partnership with Middle East investors that will support agricultural investment and Japanese agricultural exports to the Middle East. Three Japanese mega financial institutions bank on new opportunities in Myanmar after receiving licenses. Japanese banks expand in South America to support Japanese firms investing and building infrastructure in the region. Japan moves to export its police station system to South American in order to improve the security environment for Japanese firms. Chinese investment flows into Korea raise dependency concerns. Indonesia touts attractiveness of Indonesia investment environment under President-elect Jokowi. Taiwan moves to boost overseas investment by domestic insurance companies. Taiwan Business Alliance conference in Taipei yields record amount of investment pledges by foreign firms.

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