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Tag Archives: foreign direct investment

Foreign direct investment in S. Korea dips 14.2% to $8.87b in Jan-June

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SEOUL: Foreign direct investment (FDI) into the South Korean economy posted a double-digit decline in the first half of this year, logging less than 10 billion U.S. dollars, a government report showed Wednesday. The reported FDI reached 8.87 billion dollars during the January-June period, down 14.2 percent from the same period of last year, according to the Ministry of Trade, ... Read More »

Foreign direct investment into Zimbabwe reaches 36% worth 400m in 2014

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HARARE: Zimbabwe Investment Authority’s chief executive, Richard Mubaiwa told Xinhua on Thursday that the growth in FDI inflows was spurred by investment in mining, infrastructure and manufacturing sectors, adding that the inflows have been increasing since 2009. The FDI into Zimbabwe stood at 71 million in 2007 and reached 400 million in 2014. However, the official said the investment is ... Read More »

India, Russia agrees to achieve US $30b bilateral trade target by 2025

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INDIA: Commerce and Industry Minister Nirmala Sitharaman will leading a business delegation of CII to Russia later this week to participate in an economic forum where ways to boost trade and investment between the two nations would be discussed The St Petersburg International Economic Forum 2015 will be held at St Petersburg, Russia from 18-20 June. Along with her counterpart ... Read More »

Qatar FDI touches QR111.8bn

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DOHA: The size of foreign direct investment (FDI) inflow to Qatar has touched QR111.8bn at the end of 2012, a 1.2 percent increase from a year ago. Though the FDI has targeted various economic activities in Qatar, four major sectors accounted for 90.7 percent of the Qatar’s total inward FDI at the end of December 2012. These sectors include mining ... Read More »

Qatar FDI touches QR111.8bn

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DOHA: The size of foreign direct investment (FDI) inflow to Qatar has touched QR111.8bn at the end of 2012, a 1.2 percent increase from a year ago. Though the FDI has targeted various economic activities in Qatar, four major sectors accounted for 90.7 percent of the Qatar’s total inward FDI at the end of December 2012. These sectors include mining ... Read More »

Canada wants to boost foreign direct investment in Bangladesh

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DHAKA: Canadian high commissioner said during a meeting in Dhaka that Canada wanted to boost its foreign direct investment in Bangladesh to explore opportunities in the steadily growing economy. “Moving forward, the next step is to increase Canadian foreign direct investment in Bangladesh,” Benoit Pierre Laramee, high commissioner of Canada, told reporters on the concluding day of Showcase Canada 2015 ... Read More »

India at 142 in doing business list: Modi increases foreign direct investment from 26% to 49%

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SYDNEY:  India ranked a dire 142 out of 189 countries in the World Bank’s global ease of doing business list, Modi has vowed to bring the country into the top 50 during his first term in office. Since his May election, he has used ordinances to raise foreign direct investment from 26 per cent to 49 per cent in the ... Read More »

YoY FDI rises from $355m to $423m, records 19% growth in 5 months: SBP

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ISLAMABAD: The Foreign Direct Investment (FDI) soared to $423 million against $355 million in the previous year, showing a growth of 19 percent during the first five months (July-November) of the current fiscal year. The State Bank of Pakistan (SBP) report shows that the FDI had increased to $423 million in July-November fiscal year 15 against $355 million in the ... Read More »

ICCI urges govt to improve FDI inflows on urgent basis

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ISLAMABAD: The Islamabad Chamber of Commerce & Industry has urged the government to take immediate steps to improve Foreign Direct Investment inflows.  ICCI President Muzzamil Hussain Sabri said the government has failed evolve a better strategy to attract potential investors due to which the FDI was diverting to regional countries despite the fact that many sectors in Pakistan including energy, ... Read More »

FDI into India declines to $1.27 billion in August, lowest in eight months

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NEW DELHI: Indian Foreign direct investment dipped by about 10 per cent in August this year and stood at 1.27 billion dollar which is the lowest figure in the last eight months, according to the data of the Department of Industrial Policy and Promotion. In August of 2013, India had received FDI worth $1.40 billion. Last time in December 2013, FDI into India ... Read More »

Imran, Qadri sit-ins: FDI decreases to $169m, lowest in 10 years

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KARACHI: Foreign investment has further fell by 26.6 per cent to stand at $169 million during July to September of ongoing financial year, dropping the size of investment to the lowest level in the last 10 years. According to the State Bank of Pakistan data, Foreign Direct Investment (FDI) remained $169.6 million in the first quarter FY15 as compared to ... Read More »

Dastgir vows to resolve foreign investors’ tax issues

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KARACHI: The government will address all the problems faced by Overseas Investors Chamber of Commerce & Industry (OICCI), said Federal Minister for Commerce Engr Khurram Dastgir Khan. The federal minister, during his visit to OICCI, said that the government was introducing business-friendly policies and it was serious to resolve all the concerns of foreign investors, especially tax-related issues including timely ... Read More »

OICCI for concrete steps to attract FDI

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KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) Chief Executive M Abdul Aleem has asked the government to take steps for drawing potential Foreign Direct Investment (FDI) in the country and offered to share the experience of chamber’s members in this regard. Abdul Aleem said that Pakistan must ensure transparent governess and institutional infrastructure for high economic growth and ... Read More »

Poor FDI irks OICCI

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KARACHI: The Overseas Investors Chambers of Commerce and Industry (OICCI) Managing Committee has expressed disappointment on the poor Foreign Direct Investment (FDI) inflow of only $87 million reported by State Bank of Pakistan for July-August 2014, dropped by a significant 37%. The OICCI, having nearly 200 leading foreign investors in Pakistan, said that this was a significant drop in FDI ... Read More »

China FDI falls to four-year low

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BEIJING: Foreign Direct Investment (FDI) into China dropped to a four year low in August, according to figures released by the Ministry of Commerce on Tuesday. FDI – which excludes investment in financial sectors – fell 14 per cent in the month to $US7.2 billion, the commerce ministry said. FDI in the eight months since January fell 1.8 per cent ... Read More »

Chinese assistance for economic corridor not loans: Ahsan Iqbal

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ISLAMABAD: Federal Minister for Planning, Development and Reform Ahsan Iqbal has said that the Chinese assistance to Pakistan under ‘China Pakistan Economic Corridor’ was not loans but foreign direct investment (FDI). “Today there is a mad race among all countries to attract maximum FDI for higher growth rates. Energy projects with Chinese assistance were a source of oxygen for our ... Read More »

Govt to revise tax structure, investment policy

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ISLAMABAD: After lots of complaints from business community and investors the Government has finally decided to revise existing complex tax structure with aiming to simplify and rationalize the tariff structure to facilitate traders and business community. The measures would have also been taken to revise investment policy to attract Foreign Direct Investment (FDI) in the country. According to well placed ... Read More »