All localities have geared up for the race to lure more foreign investors.
The local authorities’ stiff competition
When Ninh Binh provincial leaders finished the investment promotion conference in late November 2012, they granted the investment registration certificate to a special project – Kyoei project, capitalized at VND3.9 trillion dong. More…
Reposted from Infomongolia.com
Mongolia is exporting nearly all excavated minerals due to absence of metallurgy processing plant in its territory thereby in order to seize the export flow of iron ore and work more profitable producing end-products locally Mongolian Metallurgy.
Manufacturer Union which was formed recently in the midst of this month has decided to implement a project to build its own plant in Mongolia. More…
Reposted from The Gleaner
Phillip Paulwell’s recent announcement of the decision of a Japanese firm to escalate work on the extraction of rare-earth elements to a pilot plant study, with the objective of establishing a commercial operation, has aroused interest in the potential of red mud wastes. More…
Reposted from The Miami Herald
By Juan O. Tamayo
Internet analysts say higher speeds in Internet connections to the island show a new cable is in use but perhaps only for traffic coming into Cuba
A fiber-optic cable between Cuba and Venezuela, built to speed up Cuba’s access to the Internet but long delayed amid reports of corruption during construction, appears to have finally entered commercial use — but perhaps only for island-bound traffic. More…
Reposted from Haitilibre
According to the latest report of the World Bank (WB), published in December 2012, Haiti is ranked among the top countries in terms of Investment Promotion online. This report, which measures the investment climate has been created in partnership with “ProInvest” (Programme of the European Commission) and the Ministry of Finance of Spain. More…
Sri Lanka’s tourism industry continues to boom following years of civil unrest
Reposted from ETravel Blackboard
Sri Lanka is well positioned to reap the benefits of a tourism “paradigm shift” if hoteliers have the flexibility to adjust room-rates in response to variations in demand, a local commentator has claimed.
Sri Lanka achieved a record-breaking one million tourist arrivals in 2012, while revenue was over US$1 billion. More…
Reposted from The Phnom Penh Post
The recent growth of foreign direct investment (FDI) into the Kingdom will be a good opportunity to develop small- and medium-sized businesses, an official said yesterday.
According to Hang Chuon Naron, deputy director of the National Economic Supreme Council and secretary of state at the Ministry of Economic and Finance, micro-, small- and medium size-enterprises (MSME) contribute greatly to the national economy. More…
Reposted from Eleven Myanmar
The garment industry is attracting greater interest from Western buyers who have been weighing the advantages of the country’s large and inexpensive labour force against the shortcomings of its infrastructure, industry representatives say. More…
Reposted from The Daily Star
By Rejaul Karim Byron
Remittance from major countries except the US shot up by 16-55 percent year-on-year in 2012, due to an increase in Bangladeshi wage earners abroad and their incomes. More…
Reposted from Bloomberg News
By Michael Kohn
Mongolian officials held a briefing yesterday to defend proposed changes to a mining law that the country’s biggest business association says would deter investment.
Puntsag Tsagaan, the mineral policy adviser to President Tsakhia Elbegdorj who led the legislation’s drafting, said the proposed law would strengthen the economy, better protect the environment and ensure Mongolians benefit from the country’s mining boom, according to James Liotta, a partner at Mahoney Liotta LLC, More…
