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...
by Teuvo Tuomi | Aug 13, 2024 | China, Economy, Investment, Trade, Vietnam
In Vietnam, more than 11 billion USD in foreign investment (FDI) was registered during the first five months of 2024, up 2% year on year, reported the Foreign Investment Agency (FIA). According to FIA, Singapore tops foreign investors in Vietnam during the period,...
by Teuvo Tuomi | Jun 17, 2024 | Business, AI, China, Energy, Hong Kong, Investment, News
The recently established Office for Attracting Strategic Enterprises (OASES) has managed to lure 50 industry leaders to establish a presence in Hong Kong, underlining the city’s advantages such as geographical location and policy support. This is expected to bring...
by Teuvo Tuomi | Jun 7, 2024 | ASEAN, Asia, Business, China, Indonesia, Investment, Reports, Southeast Asia, Technology
In 2023, Southeast Asia received around 50% of China’s regional investments, marking a 27% increase from the previous year. Indonesia emerged as the leading recipient of these funds, attracting approximately US$7.3 billion. During a bilateral meeting at the Merdeka...
by Teuvo Tuomi | Dec 8, 2023 | Business, China, News, Research, Technology, Thailand
China will establish a China Automotive Technology and Research Center (CATARC) in Thailand, the Thai government says. This is the center’s fourth such facility in the world. Thai government tax incentives and subsidies have already drawn Chinese carmakers,...
