Economy

Germany Goes to Chinatown?

May 10, 2011
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Germany Goes to Chinatown?

Well, not exactly. But there will be some mega-German investments in China. BMW is currently planning to advance development of its work in China with “investments to increase manufacturing capacity.” According to the company’s board of management chair, Norbert Reithofer, the Chinese really like the BMW vehicles and “anticipate” more growth for the company for the future. Mega Monies Investments Hence the company in Germany is combining its efforts with their “joint venture partner Brilliance” in an effort to...

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Indonesian Investments

May 8, 2011
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Indonesia and Malaysia Join Forces There have been substantial efforts made to encourage companies from Indonesia to make investments in Malaysia which, has also resulted in a re-balance of “bilateral investment between the two friendly neighbors.” According to Datuk Seri Mustapa Mohamed (International Trade and Industry Minister for Malaysia), various companies from Indonesia have been discussion four memorandums of understanding (MoUs) with four companies in Malaysia for possible investment opportunities there. He pointed out that once negotiations are completed,...

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Awesome Asian Achievements? Coming Soon

May 8, 2011
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Asian Job Creation Scheme The economic climate and job potential in Asia is about to get a kick-start. A group of economic development officials led by Gov. Bob McDonnell just set out on an “11-day job creation and economic development marketing mission,” to China, Japan and South Korea at an estimated cost of $278,000. This scheme will be financed by taxpayers. He is being joined by Jim Cheng, Secretary of Commerce and Trade, Todd Haymore, Secretary of Agriculture and...

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Peachy Pakistani Possibilities

May 5, 2011
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Great Investment Opportunities in Pakistan Despite the somewhat trying environment in Pakistan, according to Syed Yousouf Raza Gilani, the country’s Prime Minister believes that the country offers amazing investment opportunities for outside investors. Indeed, if you look at the stats, Gilani is probably not wrong. As he claims, the fact that over seven hundred companies have been making such investments in the country proves that it presents “lucrative opportunities.” Otherwise these companies wouldn’t be advancing. In addition, the PM...

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Thailand Cambodian Trade News

May 3, 2011
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Border Clashes Negatively Impact Trade There’s going to be trouble with the Asian economy, and a lot of it. That’s if the situation between Thailand and Cambodia continues. Currently the border clashes there are so detrimental to good sentiments between the two countries, that even though trade is developing, without an end to these clashes, the market share of Thailand goods in Cambodia will be reduced. According to Kasikorn Research Center (KRC), what will happen is that Thai exporters...

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Foxy Financial Females?

April 28, 2011
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Are Asian Women Financially Savvy Today? Years ago the answer for sure would have been a resounding “no.” But today things are somewhat different. It seems that women in Asia (especially those married, 30+, in the workforce) know their won from their yen and their level of competence is likely to increase further “especially among the younger generation.” For example, women from Thailand topped financial planning (87) and investment (69.3) scores for financial literacy but Vietnamese women also did...

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Japan Causes Toshiba Tension

April 24, 2011
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    Japan’s crisis has led to a downturn in Toshiba investment.  According to one of the corporation’s American partners (NRG Energy), there will be no additional investment in a Texas nuclear power project, due to the “Japanese nuclear plant” crisis.  There was the intention of developing a further two reactors near Houston but now David Crane, the company’s president has said that the recent crisis created “multiple uncertainties around new nuclear development in the United States which have...

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Malaysia Strong Asian Investment Opportunity

April 21, 2011
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Malaysia: Major Asia Asset Just two days ago a $3.7bn investment announcement came from Malaysia, set to “to jumpstart foreign interest in its economy even as other Asian countries try to stem speculative inflows in search of higher-yielding markets.” The country’s Prime Minister (Najib Razak) intends to try and get $444bn worth of investments resulting in Malaysia becoming a “developed country by 2020,” including $165m by Asia Media to create digital media infrastructure as well as the establishment of...

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A Bull in a China-Euro Shop?

April 18, 2011
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How China Feels About European Investments It’s nice that China Investment Corp (CIC) is in a good place financially, but it might be best advised to not put all its eggs in one basket. Established a mere four years ago to invest China’s foreign exchange reserves wisely, the multi-billion wealth fund (with estimated assets as of $532 billion as of two years ago) is seeking potential investment opportunities in Europe but is somewhat realistic about the area’s problems. This...

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Global Financial System Reform?

April 14, 2011
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BRIC Leaders Meeting BRIC nation leaders (Brazil, Russia, India and China) are meeting up in China for a one day conference. BRIC is actually a bit of an inaccurate description now (it should really be changed to BRICS) since South Africa recently joined. As a unit they have both economic and political influence today, and also form part of the G20. The topic to be addressed will be reforming the global financial system since the nations comprising the BRIC...

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