Foreign investments

Avoid Penalties for Failing to Disclose Foreign Investments When Filing an ITR

Indian investors invested in US equities to maintain diversification of their portfolios across geographies. These investors should be aware of tax laws when investing overseas. As an Indian taxpayer, it is important not only to pay taxes on gains and dividends earned, but also to properly disclose foreign investments. Taxpayers may end up paying a […]

Foreign investments

“Foreign investment will make Ctg port a regional hub”

Minister of State for Shipping Khalid Mahmud Chowdhury told a TBS event Star Activity Report Sun Oct 30 2022 8:12 PM Last updated on: Sun Oct 30 2022 8:41 PM Minister of State for Shipping Khalid Mahmud Chowdhury speaks at a panel discussion on ‘How Chattogram Port can be transformed into a regional shipping hub’ […]

Foreign investments

The BoU loses billions in foreign investment

Although profit and loss is not generally considered a consideration for central banks, the financial shortfall that the Bank of Uganda (BoU) has suffered in the bond market has resulted in paper losses on various holdings. The BoU derives most of its income from investing most of Uganda’s foreign exchange reserves in said bonds, a […]

Foreign investments

PH welcomes foreign investment in telecommunications and infrastructure

The Philippines is open to foreign investment, especially in telecommunications, airports, toll roads and shipping, Finance Secretary Benjamin Diokno said. Diokno said he is ready to welcome income-generating investments in the Philippines during the Standard Chartered Bank Sovereign Investor Forum on October 13 at the Ritz-Carlton in Washington D.C. “Foreign investors are now welcome to […]

Foreign investments

Womble Bond Dickinson Attorney Jackie Camp Presents Foreign Investments to ACC Houston’s International Law Practice Group

HOUSTON, TX – On Wednesday, October 12, Womble Bond Dickinson’s attorney, Jackie Camp, presented at the ACC Houston International Law Practice Group Luncheon, sponsored by Womble Bond Dickinson. Camp presented with Shalini Soopramanien, Assistant General Counsel of the US International Development Finance Corporation. Camp and Soopramanien’s presentation, “Investing in Development: DFC, Sustainable Development and You” […]

Foreign investments

PH’s foreign investment decline continued in July, down 64%

Bangko Sentral of the Philippines. (File Photo/Philippine Daily Inquirer) Net inflow of foreign direct investment (FDI) to the Philippines fell for the third consecutive month to $460 million in July, down 64% from $1.3 billion in the same month last year . Net inflows have fallen month-on-month since hitting $989 million in April. The July […]

Foreign investments

Bangladesh makes strong case for foreign investment in ‘Asian economic powerhouse’

Abu Dhabi – Salman Fazlur Rahman, Member of Parliament and Investment Advisor to Prime Minister of Bangladesh Sheikh Hasina Wajed is visiting Abu Dhabi to promote business and trade opportunities in South Asia’s fastest growing economy South. Rahman is also co-founder and vice-chairman of BEXIMCO Group, one of the largest private conglomerates in Bangladesh. Data […]

Foreign investments

President Biden’s Executive Order Strengthens CFIUS Review of Foreign Investments in Key U.S. Sectors – Terrorism, Homeland Security and Defense

As the United States Enhances CFIUS Surveillance of Foreign Investments in Sensitive Sectors of the Economy, We Assess the Key Factors at Play President Biden recently issued an executive order on ensuring rigorous review of evolving national security risks by the Committee on Foreign Investment in the United States (the FO on Foreign Investment). It […]

Foreign investments

New CFIUS Executive Order Adds National Security Factors to Foreign Investment Evaluation – Terrorism, Homeland Security and Defense

September 23, 2022 Hughes Hubbard & Reed LLP To print this article, all you need to do is be registered or log in to Mondaq.com. September 22, 2022 – On September 15, 2022, President Biden signed Executive Order (EO) 14083 expanding the list of national security factors that the Committee on Foreign Investment […]

Foreign investments

Governor Sanwo-Olu seeks foreign investment in New York

Babajide Sanwo-Olu, Governor of Lagos State Adebayo Obajemu Governor Sanwo-Olu spoke with a group of potential investors in New York on Monday on the sidelines of the 77th session of the United Nations General Assembly to urge them to invest in Lagos State. The Governor spoke of the major progress Lagos has made over the […]

Foreign investments

President Biden’s executive order strengthens CFIUS control over foreign investment in key U.S. sectors

President Biden recently issued an executive order on ensuring rigorous review of evolving national security risks by the Committee on Foreign Investment in the United States (the FO on Foreign Investment). It directs the Committee on Foreign Investment in the United States (CFIUS) to take a closer look at foreign acquisitions and investments in what […]

Foreign investments

China’s robot industry ambitions pave way for foreign investment

China is rapidly emerging as a global robotics powerhouse as the government strives for the industry to rival the world’s most innovative economies. China has already been the world’s largest market for the application of industrial robots for nearly a decade and is a growing power in the production of industrial robots. For the Chinese […]

Foreign investments

FIFA World Cup Qatar 2022 will attract foreign investment: official

Doha: With just 63 days to go until the FIFA World Cup Qatar 2022 kicks off, it is essential to promote the country’s economic boom as the event offers the opportunity to promote Qatar’s economy and its investment sector, a senior official said. The FIFA World Cup Qatar 2022 provides a great opportunity to promote […]

Foreign investments

US bans certain foreign investments in chips, AI and quantum technology

President Biden has issued an executive order that prohibits certain entities from investing in U.S. organizations if doing so gives the investor access to certain U.S. information technology and/or data. Its catchy title is the Order to Ensure Rigorous Review of Evolving National Security Risks by the Committee on Foreign Investment in the United States. […]

Foreign investments

Increase in foreign investment after repeal of Section 370

Srinagar After witnessing decades of violence, the Union Territory of Jammu and Kashmir witnessed huge changes in economic activities after the repeal of Section 370. After the repeal of Section 370, Jammu and Kashmir came under 890 central laws while 250 unjust state laws were eliminated. 130 additional state laws have undergone changes. […]

Foreign investments

Romanian FinMin praises robust FDI despite paltry “real” foreign investment

Romanian government officials take credit for what they describe as buoyant FDI these days, but figures show ‘real’ FDI – namely new equity investments – amounted to just 173 million euros in the first seven months of the year (and in fact almost 1 billion euros in the 12 months ending in July) against a […]

Foreign investments

EY Greece’s Papazoglou to ANA: Attracting foreign investment is essential for strong and sustainable growth

Greece remains attractive as an investment destination and many of its individual indicators are improving despite an extremely gloomy international environment, where the first war on the European continent in the 21st century and the sharp increases in energy prices and foodstuffs cast a dark shadow, the EY Greece Country Managing Partner, Panos Papazoglou, told […]

Foreign investments

“Foreign investments to boost the industrial space”

The robust influx of foreign investment in the second quarter, particularly in the transportation, storage and manufacturing sectors, is expected to boost the absorption of industrial and warehousing space, according to Colliers Philippines. From April to June, approved investment pledges from foreign sources rose 105% to 46.2 billion pesos ($889 million), according to data from […]

Foreign investments

Egypt opens the door to local and foreign investment

Egypt’s strong infrastructure and supportive political will that backs the private sector has opened its doors to local and foreign investment to achieve comprehensive and sustainable development, the country’s finance minister said. Mohamed Maait met with the CEO of the International Islamic Trade Finance Corporation (ITFC) and the Islamic Corporation for the Development of the […]

Foreign investments

Foreign investment in the agricultural sector falls to its lowest level in 5 years

Foreign investment in Nigeria’s agricultural sector fell to $59.17 million in the first six months of 2022, the lowest in five years, as insecurity remains a major concern for local players and foreigners seeking in the country. Data from the National Bureau of Statistics shows that $59.17 million of capital was imported into the agricultural […]

Foreign investments

Sharjah wants to harness foreign investment for the next stage of economic growth

Dubai: For its medium-term economic growth, Sharjah will pursue the same strategy that has served the emirate well during the Covid phase: attracting more foreign investment. And in seven sectors likely to attract the highest degree of attention. Take the health sector, for example – “Due to an increasing aging population, overall population increase and […]

Foreign investments

The EU remains open to foreign investment, but this openness is not unconditional

Foreign investment screening and export control play an essential role in safeguarding European security and public order. This is the result of two reports adopted yesterday by the European Commission: the report on the screening of foreign direct investments (FDI) and the report on the regulation on export controls. In 2021, the Commission analyzed more […]

Foreign investments

NESG urges FG and states to attract more foreign investment

Nigeria Economic Summit Group (NESG) The Nigerian Economic Summit Group (NESG) has called on federal and sub-national governments to step up their efforts to attract foreign direct investment (FDI) by focusing on specific economic areas where Nigeria has a competitive advantage. The private sector think tank said adopting priority sectors of the national economy for […]

Foreign investments

Vietnam emerges as a big competitor to India to attract foreign investment

Vietnam emerges as a big competitor to India to attract foreign investment US companies pulling projects out of China choose between the two By Subrata Majumder Prime Minister Narendra Modi’s Atmanirbhar Bharat Abhiyan campaign aims to make India a global supply chain, senior Foreign Ministry officials have said. Tax breaks, modified PLI scheme, digitalization, massive […]

Foreign investments

Right time for foreign investment RM7b | Daily Express Online

Right time for foreign investment of RM7b Published on: Monday August 29th, 2022 Text size: Dr. Adel presents a souvenir to Hajiji while others watch during dinner. SABAH recorded about RM5.1 billion in foreign investment from January to August this year and is expected to surpass the RM7 billion mark when a high-impact investment project […]

Foreign investments

Discuss the scope of the new foreign investment regulations | Big deal

Discuss the scope of the new foreign investment regulations | Big Deal | EXCLUSIVE In today’s episode of Big Deal, we focus on overseas direct investment, Catch Nisha Poddar talks with Cyril Shroff and Dinesh Kanabar about #BigDeal. Looked: #foreigninvestment #overseas #overseasinvestment #dineshkanabar #cyrillshroff #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday About CNBC-TV18: India’s leading business news […]

Foreign investments

No need to change the Constitution to attract foreign investment, says a law professor

There is no need to amend the Constitution to attract foreign direct investment because there are other ways to do so, a professor told a Senate hearing on the Charter amendment on Friday. “If you look at other World Bank reports, you just don’t read one; you read a lot, don’t you? they talk about […]

Foreign investments

Foreign Investment Amplifies Nucleic Acid Therapeutic Area

The Covid-19 pandemic led to an overall decline of 17.5% in the total number of foreign direct investment (FDI) projects in 2020. However, as the world reopened in 2021, investors reacted quickly and FDI levels increased by 18.1%. As companies were keen to make up for lost time, most sectors saw their number of projects […]

Foreign investments

JSA’s expertise in foreign investments

In 2021, about 40 Indian startups raising funds across the world were granted unicorn status and there were several large cross-border transactions in 2021 and 2022, in which JSA was a legal adviser. To boost foreign investment, the government has put in place various incentive schemes and reforms, especially for projects in sectors such as […]

Foreign investments

Kris Gopalakrishnan – The New Indian Express

By Express press service BENGALURU: India must leverage its strengths to attract foreign investment for the country to grow over the next 25 years, Kris Gopalakrishnan, co-founder of Infosys and former president of the Confederation of India, said on Friday. Indian industry. Ahead of the 18th CII Innovation Summit “Innoverge 2022” from Aug. 25-27, he […]

Foreign investments

Net foreign investment in local equities totals 15.5 billion dirhams…

(MENAFN – Khaleej Times) Net investment by non-Arab foreigners in local equities amounted to more than 15.54 billion dirhams since the start of 2022, given the UAE’s investment attractiveness and the strong performance of listed companies, supported by the strength and robustness of the country’s economic foundations. . According to financial markets in Abu Dhabi […]

Foreign investments

Foreign investment in local treasury bills increased by $343m in June 2022: Egypt’s CBE

The Central Bank of Egypt (CBE) revealed on Monday that investment by foreign customers in local treasury bills increased to the equivalent of around EGP 157.057 billion at the end of June 2022, from around EGP 150.537 billion. end of May 2022 – an increase of EGP 6.5 billion. Foreign investment in local treasury bills […]

Foreign investments

Foreign investment in local treasury bills increased by EGP 6.5 billion in June 2022: CBE

The Central Bank of Egypt (CBE) revealed on Monday that investment by foreign customers in local treasury bills increased to the equivalent of around EGP 157.057 billion at the end of June 2022, from around EGP 150.537 billion. ‘EGP at the end of May 2022 – an increase of 6.5 billion EGP. Foreign investment in […]

Foreign investments

Minnesota farmers call foreign investment and land buyouts by billionaires a ‘sticky situation’

James Rainwater may not be a household name in Minnesota politics. But on Tuesday morning, at a town hall meeting for congressional candidates in southern Minnesota, the attorney caught the attention of farmers at the Farmfest outdoor shed in Redwood County. “I hear stories of Bill Gates buying up hundreds of thousands of acres for […]

Foreign investments

Corruption is a major obstacle to foreign investment in Bangladesh, according to the US State Department

Land scarcity, depleted natural gas reserves and inadequate electricity distribution remain major impediments to investment, according to the US State Department report. TBS Report July 31, 2022, 09:30 Last modification: July 31, 2022, 3:03 PM Representative image. Illustration: Pixabay “> Representative image. Illustration: Pixabay Corruption is a major impediment to foreign investment in Bangladesh, according […]

Foreign investments

Attracting foreign investment and investor incentives for the production of audiovisual works in the Republic of Serbia

Although it is already recognized as one of the leading European countries in terms of foreign investment, the Republic of Serbia continues its active policy of attracting foreign investors. The direct consequence of the substantial increase in investments in a plethora of different fields is the fact that there are more and more foreign natural […]

Foreign investments

Romania could attract at least 2 billion euros in foreign investment by the end of the year, due to the geopolitical context

Due to the new geopolitical context, Romania could attract up to 2 billion euros in new foreign investments by the end of this year, according to public data and already existing market negotiations in the middle of the year. , analyzed by ONV LAW. According to the analysis, Romania is progressing on an upward trend […]

Foreign investments

Thailand’s foreign investment soars in the first half | World

Bangkok, the capital of Thailand (Source: picswe.com) Bangkok (VNA) – Investments by foreign companies registered under the Foreign Business Law (FBA) of Thailand rose 73.5% year-on-year in the first six months of 2022. Deputy Minister of Commerce Sinit Lertkrai said the Foreign Affairs Committee authorized 284 investment applications by foreign companies in the first half […]

Foreign investments

Minister Bahlil announces total foreign investment in Q2

TEMPO.CO, Jakarta – The Ministry of Investments revealed that foreigners investments in West Java outperformed the capital Jakarta, the former managing to register US$2.9 billion in foreign investment (FDI) compared to the latter which registered US$2.1 billion. Minister Bahlil Lahadalia on Wednesday, July 20, said, “The increase in investment realization during the second quarter of […]

Foreign investments

Foreign investments of a group of companies specializing in the hotel and real estate sector under computer scanner

Mumbai: Foreign investments of a group of companies in the hotel and real estate sector under computer scanner | The Income Tax (IT) Department recently carried out a search and seizure operation on a Delhi and Mumbai based group engaged in hospitality, marble, light trading and real estate. A total of 18 premises in Delhi, […]

Foreign investments

How Foreign Investment in Nigeria Dropped 81% in Three Years – Report

Capital import into Nigeria fell by 81.46% ($6.91 billion), from $8.49 billion in the first quarter of 2019 to $1.57 billion in the corresponding quarter of 2022, according to the National Bureau of Statistics data. According to Punch, based on the NBS reports on the import of Nigerian capital for the first quarters of 2019, […]

Foreign investments

Ilorin Durbar Avenue to Attract Foreign Investment in Nigeria – Experts

Folorunsho Coker, Managing Director of the Nigerian Tourism Development Corporation (NTDC), and Hajo Sanni, Permanent Delegate of Nigeria to the United Nations Educational, Scientific and Cultural Organizations (UNESCO), say the annual Durbar of the emirate of Ilorin can be used as a springboard to attract foreign investment to Nigeria. Sanni and Coker spoke in Ilorin, […]

Foreign investments

Ilorin durbar source of foreign investment – ​​UNESCO – The Sun Nigeria

Of Layi OlanrewajuIlorine from Nigeria The Permanent Delegate of the United Nations Educational, Scientific and Cultural Organization (UNESCO), Hajo Sanni, and the Managing Director of the Nigerian Tourism Development Corporation (NTDC), Folorunsho Coker, said yesterday that the annual Ilorin Emirate durbar could be used as a springboard to attract foreign investment to Nigeria. They spoke […]

Foreign investments

Foreign investment drops 81%, interest rates rise

Capital imports into Nigeria fell by 81.46% ($6.91 billion), from $8.49 billion in the first quarter of 2019 to $1.57 billion in the corresponding quarter of 2022, according to Bureau data National Statistics. Based on the BNS reports on the import of Nigerian capital for the first quarters of 2019, 2020, 2021 and 2022, there […]

Foreign investments

Amid rising inflation, RBI announces measures to strengthen rupiah and foreign investment

Mumbai: Amid rising inflation in the country, the Reserve Bank of India (RBI) on Wednesday announced a series of measures to support the rupee and attract foreign investment. Some of these major measures include relaxations of the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) on additional FCNR(B) and NRE Term Deposits, relaxation of […]

Foreign investments

RBI takes steps to attract foreign investment and strengthen the rupee

In order to support the rupee and attract foreign investment into the country, the Reserve Bank of India (RBI) announced a series of measures on Wednesday. These include relaxations of the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) on additional FCNR(B) and NRE Term Deposits, relaxation of rules for REITs and increased limits […]

Foreign investments

Kenya launches Nairobi Financial Center to attract foreign investment [Photos]

The NIFC, launched at the Kenya International Convention Center on Monday, has a mandate to attract ambitious businesses to Nairobi and provide them with the conditions to thrive in Kenya and the region. The center will promote business by partnering with the National Treasury, Central Bank of Kenya, Kenya Revenue Authority, KenInvest, Capital Markets Authority, […]

Foreign investments

Foreign investment on DSE shrinks to Tk 9,976 crore

A file photo shows investors watching stock price movements on a computer screen at a brokerage in the capital Dhaka. Total foreign investment in the Dhaka Stock Exchange fell to Tk 9,976 crore, or 2.19% of the exchange’s total market capitalization, in May. — New Age Photo Total foreign investment on the Dhaka Stock Exchange […]

Foreign investments

CIO boss in Lanka gets special residency visa to attract more foreign investment

Colombo: The head of Lanka IOC, the subsidiary of Indian Oil Corporation in Sri Lanka, has been granted a special residence permit under the new policy aimed at attracting foreign investment to the cash-strapped island nation. The new regime was introduced by new investment promotion minister Dhammika Perera, a former business tycoon who became a […]

Foreign investments

Here’s why foreign investment firms are bullish on Reliance Industries

The spectacular growth of Reliance Industries Limited (RIL) has attracted the attention of overseas investment firms. Today, Bernstein raised the target price by 17.66% to Rs. 3,360 from its earlier target of Rs. 2,830. This price is about 33% higher than the current price of the RIL. Bernstein predicts a tripling of RIL refining margins. […]

Foreign investments

New law will allow government to screen foreign investment

The government is due to adopt a new law which will allow it for the first time to screen investments from non-EU countries. It is designed to protect Ireland’s critical technology and infrastructure from potentially dangerous foreign investment. Investments in technologies identified by law as “sensitive” or “critical” infrastructure such as health services, power grid, […]

Foreign investments

India emerges as preferred destination for foreign investment: Govt

India is rapidly becoming a favorite country for foreign investment as the measures taken by the government led by Prime Minister Narendra Modi over the past eight years have paid off, as evidenced by the ever-increasing volumes of FDI that set new records. FDI inflow to India reached its highest level […]

Foreign investments

Tax and customs incentives to attract foreign investment

Okaz/Saudi Official Gazette Riyadh — The National Incentives Committee revealed that the committee would provide financial and non-financial incentives for investment projects to empower, promote, encourage and attract local and foreign investment. The committee will focus on providing tax and customs incentives; incentives linked to financial compensation depending on the type of economic activity; incentives […]

Foreign investments

Doha attracts over $3 billion in foreign investment in 2022 – Doha News

Qatar has implemented a free trade strategy and has undergone many structural changes to reinforce the principle of trade openness. Doha has attracted more than $3 billion in foreign investment to its capital market so far this year, globally surpassing $1.8 billion in total investment for the whole of 2021, according to the trade minister […]

Foreign investments

Assessing the National Security Aspects of Foreign Investments: Between National Security and Economic Uncertainty | Barnea Jaffa Lande & Co.

Foreign investment in Israel has exploded in recent years. At the end of 2020, direct investment by foreign residents in Israel exceeded $185 billion, an increase of almost 15% compared to 2019. Foreign investment offers significant benefits in terms of the Israeli economy, but it also raises concerns. Many sectors of the Israeli economy involve […]

Foreign investments

FATF launches numerous incentives to attract more foreign investment to Egypt

The General Authority for Investments and Free Zones (GAFI) – press photo CAIRO – June 21, 2022: The General Authority for Investment and Free Zones (GAFI) is working to attract more local and foreign investment to the Egyptian market, by launching several investment incentives, according to FATF CEO Mohamed Abdel Wahab. Abdel Wahab clarified […]

Foreign investments

Assessing the National Security Aspects of Foreign Investments: Between National Security and Economic Uncertainty

Foreign investment in Israel has exploded in recent years. At the end of 2020, direct investment by foreign residents in Israel exceeded $185 billion, an increase of almost 15% compared to 2019. Foreign investment offers significant benefits in terms of the Israeli economy, but it also raises concerns. Many sectors of the Israeli economy involve […]

Foreign investments

Government urged to open Philippines to more foreign investment

MANILA, Philippines — The Philippines should open up more to foreigners if it is to attract more job-creating investment, the Asia-based Hinrich Foundation said on Tuesday. There is a “window of opportunity which could be the right time to open up the country”, said Riccardo Crescenzi, professor of economic geography at the London School of […]

Foreign investments

Rivers and 31 others attract no foreign investment in Q1 2022 – NBS

National Bureau of Statistics Thirty-two states in Nigeria, including Rivers and Kaduna, did not attract any foreign investment in the first quarter of 2022. A National Bureau of Statistics (NBS) report shows that only the states of Lagos, Oyo, Katsina, Anambra and the Federal Capital Territory attracted investment during the period. According to NBS’ Nigerian […]

Foreign investments

Kaduna, Rivers and 30 others attract no foreign investment in Q1

Thirty-two states in Nigeria, including Rivers and Kaduna, attracted no foreign investment in the first quarter of 2022, The punch has learned. A National Bureau of Statistics report shows that only the states of Lagos, Oyo, Katsina, Anambra and the Federal Capital Territory attracted investment during the period. According to NBS’ Nigerian Capital Importation (Q1 […]

Foreign investments

Foreign Investment in Nigeria Drops 28% to $1.6 Billion in Q1 –

There is hardly any sub-national government in the country without strong mineral endowments According to the latest Capital Import Report. The report released today by the National Bureau of Statistics also showed that on an annual basis, it was down 17.5% from $1.9 billion in the first quarter of 2021. “The largest […]

Foreign investments

Saudi aviation sector needs foreign investment to meet 330 million passenger target, official says

RIYADH: Saudi Arabia will host the 116th Executive Council of the United Nations World Tourism Organization on June 7-8 in Jeddah, with around 180 participants from around the world. The two-day event will deliberate on all necessary measures to implement the council’s decisions and recommendations to support the sector. The Executive Council session will be […]

Foreign investments

Nepalese government reduces foreign investment threshold by 60% to NPR 20 million

The Nepalese government has announced that it will reduce the minimum amount foreigners can invest in the Himalayan nation by 60%. Presenting the annual budget for the financial year 2022-23 which starts mid-July in the House of Representatives, Finance Minister Janardan Sharma said the minimum threshold for foreign direct investment (FDI) […]

Foreign investments

Oman launches several incentives to attract foreign investment

The Sultanate of Oman – like most countries in the world – has adopted economic stimulus plans in an effort to overcome the economic repercussions resulting from the Covid-19 pandemic, which has negatively affected the supply and demand of the ‘economy. This was stated on Sunday by Qais bin Mohammad al Yousef, Minister of Commerce, […]

Foreign investments

Various incentives offered to attract foreign investment | Oman time

Photo – His Excellency Qais bin Mohammed Al Yousef, Minister of Trade, Industry and Investment Promotion Muscat: The Sultanate of Oman has offered a number of incentives to attract foreign investment, such as treating foreign investment companies as domestic companies and granting residency to expatriate investors, the trade minister said , Industry and Investment Promotion. […]

Foreign investments

Maharashtra’s foreign investment exceeds that of Gujarat under BJP rule: Ex-CM

Former Maharashtra Chief Minister Devendra Fadnavis claimed that foreign direct investment in Maharashtra was higher than in Gujarat under his party’s rule. Speaking at an industry meeting, leader of the Bharatiya Janata Party (BJP) said that under his rule between 2105 and 2019, Maharashtra grabbed the top spot in FDI across India. “Before 2014, Gujarat […]

Foreign investments

Should GLICs revamp foreign investment in a market downturn?

In recent years, Malaysian government-linked investment companies (GLICs) have been actively seeking to acquire more foreign assets, particularly equities. Among these GLICs are the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB) and the Armed Forces Fund Board (LTAT). READ ALSO : The appeal of foreign equities The need to diversify investment portfolios beyond Malaysia […]

Foreign investments

FG urged to create basic data infrastructure to attract foreign investment

Emma Okonji The COO of MDXI, MainOne’s data center business, Mr. Gbenga Adegbiji, has called on the federal government to review its policies and create basic infrastructure for data center operations across the Nigeria, to attract foreign investment in information and communications technology. (TIC). Adegbiji, who gave the advice during an interview with THISDAY, said: […]

Foreign investments

Omicron casts a shadow over foreign investment in the first quarter

MANILA, Philippines — The Philippines failed to attract more foreign investors in the first quarter amid the rapid spread of the Omicron variant, resulting in mobility restrictions in the country. The latest data from the Philippine Statistics Authority (PSA) showed that foreign companies have yet to pour in much-needed capital to revive the economy, as […]

Foreign investments

TIEZA bats for foreign investment

The cash-strapped Tourism Infrastructure and Enterprise Zones Authority (TIEZA) of the Department of Tourism (DoT) hopes the relaxed rules on foreign ownership will speed up much-needed funds from foreign investors. TIEZA chief operating officer Mark Lapid said he joined Expo Dubai 2020, which ended in March, to encourage foreign investment in tourism – this follows […]

Foreign investments

Philippines: Amendments to the Foreign Investment Act of 1991 are enacted

In short On March 2, 2022, President Rodrigo Duterte signed into law Republic Act No. 11647 (RA 11647), also known as the “Foreign Investment Promotion Act, thereby amending Republic Act No. 7042, also known as the “Foreign Investments Act 1991 (FIA)”, as amended, and for other purposes”. RA 11647 establishes the Inter-Agency Investment Promotion Coordinating […]

Foreign investments

Increased foreign investment in the Indian gaming market.

From: John Braham There has been an increase in gambling activities in India since 2016. This has resulted in the growth of the gambling industry in India. This growth is the result of many factors including the fact that there are many internet users in India and the widespread adoption of digital payment methods in […]

Foreign investments

Egypt wants to attract foreign investment in green hydrogen projects, says PM Madbouly – Energy – Business

Prime Minister Mostafa Madbouly.(Photo:Al-Ahram) At a meeting on Sunday, Madbouly said the country’s efforts include introducing additional incentives for investors and updating Egypt’s energy strategy to include green hydrogen. The meeting brought together Minister of Electricity Mohamed Shaker, Minister of Planning and Economic Development Hala El-Said, Chairman of the Suez Canal Economic Zone (SCZone) Yehia […]

Foreign investments

Nigeria’s banking sector attracts $15.7 billion in foreign investment in 5 years

The Nigerian banking sector is one of the viable destinations for foreign investors in the country, as it has attracted over $15.7 billion in foreign investment in the last 5 years, representing one of the sectors most attractive in the Nigerian economy. This is based on an analysis carried out by Nairalytics, the research arm […]

Foreign investments

Romanian Finance Minister hopes foreign investment will be relocated from Russia, Ukraine and Belarus

Romanian finance minister Adrian Caciu and Prime Minister Nicolae Ciuca discussed Thursday, April 14 with the World Bank Group delegation to Romania, led by President David R. Malpass, the need to develop a bilateral partnership, in the context of the economic and social challenges posed by the crisis in Ukraine. “We are analyzing with great […]

Foreign investments

The business climate will remain fragile; but foreign investment will surge – Fitch Solutions

The business climate will remain fragile in the coming months, while private consumption is expected to slow this year, largely due to the planned implementation of the 1.5% tax on electronic transfers (E-levy) , revealed Fitch Solutions in its latest Sub-Saharan Africa update. . According to the research arm of ratings agency Fitch, Ghana’s Purchasing […]

Foreign investments

Possible claims against Russia for expropriation of foreign investments

On April 8, 2022, a bill was introduced in the Russian Duma (Parliament) that would allow Russia to expropriate the property of foreign nationals from “unfriendly” countries – those that have imposed sanctions on Russian entities and individuals.1 This news follows a bill presented the day before that would impose criminal penalties for the implementation […]

Foreign investments

Adani Group shares rise after $2 billion in foreign investment

New Delhi: Shares of Adani Green Energy, Adani Transmission and Adani Enterprises surged on Monday in an otherwise broader market. Shares of Adani Green Energy were stuck in the upper 20%, Adani Transmission locked in the upper 10% and Adani Enterprises rose 0.4%. Analysts attribute the rise in share prices to International Holding Company PJSC […]

Foreign investments

The massive loss of foreign investment – ​​The Sun Nigeria

A new report from the National Bureau of Statistics (NBS) has shown that Nigeria managed to generate $698.7 million in Foreign Direct Investment (FDI) in 2021. This is the lowest in 10 years and a clear indication the economy is heading in the wrong direction. . The NBS report is also backed up by a […]

Foreign investments

Maltese General Election 2022 and Impact on Foreign Investment – Inward/Foreign Investment

To print this article, all you need to do is be registered or log in to Mondaq.com. In this article you will find more information on one of the most significant events of the month, the elections in Malta. But also, an interesting topic that we have written about is the impact of these elections […]