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China Ponders Injecting Capital into Its Banks

China Ponders Injecting Capital into Its Banks

by Teuvo Tuomi | Sep 26, 2024 | China, Banking, Business, Economy, Investment, News

China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the economy. The move is part of broad stimulus measures Beijing introduced this week to boost China’s...
Malaysia Offers Incentives for Embattled Forest City

Malaysia Offers Incentives for Embattled Forest City

by Teuvo Tuomi | Sep 20, 2024 | Investment, Business, Environment, Malaysia, News

Malaysia has announced tax breaks and incentives for the troubled Forest City development, a $100 billion project backed by Chinese developer Country Garden Holdings. Forest City is a joint venture between the Country Garden and a private Malaysian company backed by...
ASEAN Seeks Further Foreign Investment

ASEAN Seeks Further Foreign Investment

by Teuvo Tuomi | Sep 18, 2024 | ASEAN, Business, Economy, Investment, News, Southeast Asia

ASEAN’s economic growth was 4.1% in 2023. This is expected to increase to 4.6% in 2024. Investment in ASEAN increased only by 0.3% from US$229 billion in 2022 to US$230 billion in 2023. Another important measure is that the value of trade in ASEAN products actually...
Investment Boom Continues in Cambodia

Investment Boom Continues in Cambodia

by Teuvo Tuomi | Sep 11, 2024 | Cambodia, Business, Economy, Investment, News

According to the Council for the Development of Cambodia (CDC), the government approved 46 new projects and 7 production expansion projects in August, with a total investment of more than $1.2 billion, creating around 33,000 jobs. These projects aim to enhance...
China Lifts Foreign Investment Restrictions in Manufacturing and Medical Sectors

China Lifts Foreign Investment Restrictions in Manufacturing and Medical Sectors

by Teuvo Tuomi | Sep 9, 2024 | China, Economy, Investment, News

Restrictions on foreign investment in China’s manufacturing sector will be lifted with the release of the 2024 version of the “negative list” for foreign investment access, according to the National Development and Reform Commission (NDRC) and the...
New Mega Terminal Will Make Changi More Competitive

New Mega Terminal Will Make Changi More Competitive

by Teuvo Tuomi | Sep 7, 2024 | News, Infrastructure, Investment, Singapore, Travel

The construction of Singapore’s Changi Airport Terminal 5 (T5) will start in the first half of 2025, Prime Minister Lawrence Wong confirms. The new terminal will be operational in the mid-2030s. When the mega terminal is operational, Singapore aims to be linked...
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