Senegal’s President Macky Sall has pitched his legacy on ambitious projects and the transformative potential of the oil and gas sector. But will the gamble pay off? Walking the pristine…
Asia
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AsiaBusinessEconomyFeaturedGlobal NewsIndonesiaInvestmentPolitics
Indonesia passes jobs decree into law, easing investment uncertainty
by Arnav Perezby Arnav PerezIndonesia’s parliament on Tuesday passed into law an emergency decree on jobs and investment, eliminating legal uncertainty hanging over measures President Joko Widodo has pushed to spur investment in Southeast…
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AsiaCrisisEconomyFeaturedGlobal NewsInvestmentNews
Social investment tools can fill developing Asia’s finance gaps
Structures allow governments to tap companies, diaspora communities for support Kithmina V. Hewage is senior adviser at the Centre for Asian Philanthropy and Society in Hong Kong. Developing Asian economies including…
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AsiaBusinessEconomyFeaturedGlobal NewsInvestmentKazakh
Rakishev and Kim will create a new investment fund in Kazakhstan
Well-known Kazakh businessmen Kenes Rakishev and Vyacheslav Kim (both in the Top 10 richest businessmen according to Forbes Kazakhstan) announced their intention to create a new venture fund based on the International Financial Center…
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AsiaEconomyFeaturedfinancialGlobal NewsInvestmentNewsSouth KoreaWorld News
Davos 2023: South Korea’s Yoon calls for strengthening resilience of global supply chains
South Korea’s President Yoon Suk-yeol on Thursday called for strengthening the resilience of global supply chains, describing it as one of the most urgent tasks facing the international community. Yoon…
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AsiaChinaEconomyFeaturedfinancialGlobal NewsInvestmentNewsTechnologyUSWorld News
China’s BYD takes cautious approach to U.S. in global EV push
Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla (NASDAQ:TSLA) but for now it’s stuck in the slow lane on its rival’s home…
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AsiaBusinessEconomyFeaturedfinancialGlobal NewsIndonesiaInvestmentMiddle EastNewsPoliticsQatar
Minister invites UAE and Qatar to increase investment in Indonesia
Minister of Transportation Budi Karya Sumadi invited the United Arab Emirates (UAE) and Qatar to expand cooperation and increase their investment in Indonesia, especially in the sea and air transportation…
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AsiaChinaEconomyEuropeFeaturedGlobal NewsInvestmentNewsPoliticsWorld News
European investors give China the cold shoulder
Following street protests in late November, Chinese authorities dismantled most lockdown and testing restrictions, and from this month visitors to China will no longer need to endure arduous quarantines. It…
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AsiaBusinessEconomyFeaturedfinancialInvestmentNews
Bank Muamalat eyes RM100 mil investment from new funds within five years
by Michael Loweby Michael LoweBank Muamalat Malaysia Bhd and Phillip Capital Group Malaysia are targeting an investment of RM100 million within five years through shariah-compliant online Private Managed Accounts and unit trust funds. Director…
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AsiaBusinessFeaturedfinancialInvestmentNewsPoliticsWorld News
Illegal investment alerts Indonesia’s antimoney laundering enforcement
by Leon Hussainby Leon HussainForeign investors in Indonesia should be aware of uncertainty in regulations governing Indonesia’s financial services regime and its record in enforcing money laundering prosecutions. Indonesian authorities recently use money laundering…