SK Energy

MNCs in the News-2018-11-16

China’s Ministry of Commerce (MOFCOM) reported October inward foreign direct investment (FDI) flows reflected a 7.3 percent rise over the previous year. MOFCOM looks to aid Chinese private companies invest overseas albeit in an “orderly,” guided way. German officials are pressing their government to hang up on Chinese corporate participation in the country’s early 2019 5G spectrum auction. American Enterprise Institute report suggests Belt and Road Initiative investment by Chinese companies is losing steam. Tokyo reassures Japanese businesses of its opposition to any actions requiring Japanese companies to pay compensation to forced laborers, saying the matter was settled in 1965. Japan succeeds in getting member countries of the Asia-Pacific Economic Cooperation (APEC) forum to adopt new guidelines relating to the quality of infrastructure development and investment. Korean price rigging conspiracy at US military bases in Korea fuels massive USD $200 million in criminal and civil penalties. South Korean legislatures considers broadened value-added tax on global information and communication technology companies to create a level playing field for Korean firms.

MNCs in the News-2017-04-28

China’s ambitions to become one of the world’s great auto manufacturers lead it to consider relaxing its limits on foreign auto investment in the United States. Recent report touts increasing volume of Chinese outward foreign direct investment (FDI) in the US and commensurate job contribution. Abe-Putin summit leads to 20 agreements for joint projects involving Japanese investment, technology transfer, and other forms of economic cooperation. Korea and US hold conference on cooperation in energy sector following the Trump administration’s new America First energy policy. Concerns over governance, transparency and competitiveness of the issuance of contracts make Perkasa demand public discussions on FDI in Malaysia. Malaysia’s health care system and medical tourism facilitate growth in the country’s inward FDI. South Korea’s Posco Group awaits Vietnamese government approval for build-operate-transfer clean coal power plant. Vietnam’s PV Gas and foreign partners to construct a USD $1.27 billion natural gas pipeline in Vietnam.