A group of Japanese investors along with Japan Deputy Head of Mission Katsuki Kotaro recently called on the Board of Investment (BOI) to discuss new investment opportunities in Sri Lanka.…
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UAE’s AD Ports Plans $200m Investment for Safaga Port in Egypt
AD Ports Group has reached a 30-year concession agreement with the Red Sea Ports Authority for the development and operation of a multi-purpose terminal in Egypt’s Safaga Port. The Abu…
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M&G Takes Stake in Firm to Develop AI Investment Strategies
M&G is partnering with Level E Research to develop a suite of artificial intelligence (AI) investment strategies. In an update today, Level E Research said M&G invested a minority stake…
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Indian Businesses Keen to Invest Heavily in Bangladesh
by Ryan Hughesby Ryan HughesIndian businesses showed interest to invest heavily in various sectors of Bangladesh. The leaders of the Bharat Chamber of Commerce (BCC) expressed their interest in a meeting with the Bangladesh…
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Australia Must Urgently Lift Business Investment
by Michael Loweby Michael LoweNew research from the Business Council shows that Australia’s capacity to prosper from big economic shifts like decarbonisation and digitisation is at risk of being hobbled by record low investment.…
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HK, Yunnan to Boost Links Between Mainland and ASEAN
by Michael Loweby Michael LoweHong Kong and the southwestern province of Yunnan have enormous potential for economic cooperation in strengthening strategic connections between the Chinese mainland and the Association of Southeast Asian Nations, the…
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DCG-owned crypto exchange Luno replaces CEO, seeks outside investment after layoffs
by Jaiden Wallsby Jaiden WallsThe CEO of cryptocurrency exchange Luno is stepping aside and handing the reins to its head of operations, the company announced Wednesday. It comes as Luno’s parent company, crypto-focused venture…
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Vietnam’s corruption crackdown is paralysing officials and worrying investors
by Kane Guzmanby Kane GuzmanVietnam’s new president, Vo Van Thuong, has vowed to continue the country’s fight against corruption, but at what cost? Following March’s leadership election in Vietnam, foreign investors will be assessing…
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Turkic world sets up investment fund to boost economic integration
The Organization of Turkic States (OTS) signed a founding agreement to set up a fund that will aim at boosting economic integration among the member countries, Turkish President Recep Tayyip…
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Biden issues first veto as president, blocks measure by Congress on ‘woke’ investment
by Joseph Kellyby Joseph KellyPresident Joe Biden issued his first veto Monday after Congress voted to block a Labor Department rule allowing retirement plans to weigh the long-term impacts of social factors and climate change…