Wednesday, April 23, 2014

Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN

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Author Archives:

Foreign Investors Prepare for Post-Election Revival in India

DELHI – While India’s economy typically slumps in the lead-up to national elections, international companies have begun vocalizing their intention to step up investment after a new government is constituted in May.

At a private meeting yesterday with Reserve Bank of India (RBI) Governor Dr. Raghuram Rahan, top executives from global financial services companies and institutional investors expressed optimism the RBI would enact the reforms necessary to restore investor confidence and stimulate long-term economic growth post-elections. Continue reading

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Vietnam Rolls Out New Online Visa Processing System

HANOI – March 14th saw the rollout of Vietnam’s new online visa processing system. As a result of the new system, foreigners will now be able to register and fill out visa application forms online. The official website can be found here.

Previously, foreigners looking to apply for a Vietnamese visa had to physically visit the relevant representative government agency in their area in order to get the required forms. Continue reading

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Singapore Announces Initiatives to Encourage Tech Startups

SINGAPORE - Last week, Singapore’s Infocomm Development Authority (IDA) announced it would invest in three new measures to support technology startups: a startup accelerator, an accreditation program and a fabrication lab.

The startup accelerator program marks a strategic partnership between Infocomm Investments Pte Ltd (IIPL, the investment subsidiary of IDA) and Joyful Frog Digital Incubator, a leading startup accelerator. The first accelerator program will take place from 20 March to 1 July. Continue reading

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India Sets General Election Date as Political Tide Shifts

India’s electorate may choose to break its historical tendency to vote according to religious and caste affiliations as the BJP, AAP and Third Front seek broader appeal with messages of good governance, economic development and anti-corruption.

By Shawn Greene

India's election season will be an exciting time for foreign investors.DELHI – India’s Election Commission has announced the dates for this year’s highly anticipated general election, which will be held in nine phases in April and May.

Polling for the 16th Lok Sabha (lower house of Parliament) will begin April 7 and conclude May 12. Votes will be counted on May 16, and the new Parliament must be constituted by May 31. Continue reading

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North American Leaders Champion TPP

By Shawn Greene

At the so-called “Three Amigos Summit” in Toluca, Mexico, celebrating the 20th anniversary of NAFTA this week, the leaders of Canada, Mexico and the United States have vowed to expand free trade agreements between North America and Asia while pushing for the successful conclusion of Trans-Pacific Partnership (TPP) negotiations this year.

Speaking at the summit, President Obama expressed a determination to keep TPP progress on track despite many in the U.S. Congress indicating they will refuse to support a renewal of so-called ‘fast-track’ negotiating authority, or trade promotion authority. Continue reading

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Rising Global Defense Spending: Asia Pacific’s Outlook

By Shawn Greene

SHANGHAI – For the first time in five years, worldwide defense spending will increase according to IHS Jane’s Annual Defence Budgets Review.

According to the forecast, China is on track to outspend the UK, France and Germany combined by 2015, and Asia Pacific remains the only region with a steady increase in defense expenditures from 2009 onwards.

The yearly review from the U.K.-based defense analysis company tracks military expenditures in the 77 top-spending countries while making predictions about global defense budgets over the next five years. Continue reading

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Moc Bai Economic Zone and Border Gate to have Bright Future

HANOI – Vietnam’s Moc Bai Economic Zone and Border Gate (hereinafter referred to as “the Zone”) is expected to become an international trade center in the near future. The Zone will serve to promote cooperation and development between Vietnam and Cambodia, as well as the other countries in the ASEAN region.

Located along the soon to be completed Trans-Asia Road, the Zone is in a prime position to benefit from the trade that will soon by moving via the new roadway. The Trans-Asia Road, currently under construction, stretches from Myanmar, through Thailand, Cambodia, Laos, Vietnam, and finally ends in Quangxi, China. Continue reading

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