Group items tagged

China is planning a considerable expansion of its foreign aid programs with a particular focus on infrastructure projects in countries along the land and maritime Silk Road trading routes, government officials said on Monday. The country is planning to initiate a number of strategically important aid projects to help improve transportation, energy and telecommunications in those countries, according to the Ministry of Commerce, which is responsible for administrating the country's foreign aid programs. Projects involving construction and improvement of roads, railways, ports and airports are already being implemented in countries including Laos, Myanmar, Nepal and in Central Asia, Yu Zirong, deputy director-general of the foreign aid department at the ministry, told a news conference in Beijing. "China's growing future foreign aid program will be tilted toward neighboring countries and those in the Silk Road region," Yu said. The planned shift in direction for Chinese foreign aid is a direct result of President Xi Jinping's proposed national strategy to revive the centuries-old trading routes connecting Asia and Europe, experts said. The newly created 40 billion yuan ($6.5 billion) Silk Road fund and the Beijing-initiated Asian Infrastructure Investment Bank are expected to facilitate China's foreign aid programs in the future, they said. "Such a shift indicates that China will be more inclined to offer assistance to Asia and neighboring countries," said Wang Luo, a researcher at the Chinese Academy of International Trade and Economic Cooperation. "It does not mean that the percentage of China's foreign aid to Africa will drop. It just means that Asia and countries along the Silk Road will get a greater share as China grows its aid spending," she said. Africa has been the largest recipient of China's foreign aid with more than half of spending directed at the continent between 2010 and 2012, according to a policy paper issued in June. China spent 89.34 bill

Which investments are safe?. Many investors put money in their choice of investment primarily on safety. The safe investments offer quite good interest, but the interest rates lower than a potential high profit in speculative investments......Read Full Text

You are not a Vietnamese, you are intend to set up a new company in Vietnam. Firstly, on the form of invesment: Foreign investors, when establishing a project in Vietnam, must establish an economic organization managing the project. Corresponding to the two types of licenses you receive are: Certificate of investment registration (IRC) and certificate of business registration (ERC). Secondly, on investment capital for the project implementation: Investment capital is the money and the other assets to conduct investment activities. Investment capital includes capital contributed by investors and mobilized capital. Mobilized capital may come from various sources such as mobilizing from banks, investors themselves or from other organizations and individuals. Schedule of capital contribution and capital mobilization proposed by the investor is shown on the investment registration certificate. The investors have to prove financing (including both contributed capital and loan) to participate in project establishment in Vietnam. After being granted an IRC and ERC, the investors have to open a direct investment capital account at a functional bank in Vietnam to transfer contributed capital to the account of direct investment capital within the prescibed time limit. ANS Law provides the service of opening bank account for customers who want to make investment in Vietnam. Thirdly, on the business lines Foreign-invested enterprises are only allowed to do business in the fields which are not in violation of the provisions of the law of Vietnam and in accordance with international treaties. Please send us your business lines for our review Email: info@anslawfirm.com Fourth, on tax duties payments and financial reports We provide tax duties payments service with fee about 100 dollars and the financial reports fee according to your company's revenue. Our professional fees: No Scope Time Fee (USD) 1 Applying for the Certificate of investment registration 20 working

The government on Monday approved 23 foreign direct investment (FDI) proposals worth Rs.2,325.21 crore, rejected six and deferred decision on eight.

The government on Monday said that it will come out with six discussion papers by mid May on the country's foreign direct investment policy.

Japanese Govt : Japan has sought direct investment from Indian companies as part of its target to attract overseas Foreign Direct Investment (FDI) of 300 billion USD by 2020. "Japanese government targets FDI of nearly USD 300 billion from overseas by 2020. To promote direct investment into Japan, we will provide assistance to interested Indian companies

Seeking to deepen capital markets, regulator Sebi on Friday offered direct entry to well-regulated foreign investors for investing in corporate bonds and relaxed the norms for raising funds through infrastructure and real estate investment trusts.

Commerce and Industry Minister Anand Sharma Monday said that the government will prefer foreign direct investment (FDI) in and subsidies to those sectors which would attract technology and investment.

KARACHI: The inflow of foreign direct investment (FDI) in Pakistan has declined by 48.4 percent to $ 666.7 million in July-April 2012, compared to $ 1.292.8 billion in July-April 2011.

The government will on Wednesday come out with an "investor friendly" single, simplified document on foreign direct investment.

Foreign direct investment (FDI) in the defence sector should not be raised to 100 percent from the present 26 percent, says the Confederation of Indian Industry (CII).

India will take a decision on raising the foreign direct investment (FDI) limit in defence production to 74 percent from the present 26 percent by September, an official said Monday.

Ahead of the unveiling of the new foreign direct investment (FDI) policy, industry lobby ASSOCHAM has urged the government to remove excise and local levies on exports and set an achievable shipment target for the next fiscal.

The government on Thursday said that it will clamp ban on foreign direct investment (FDI) in cigarette manufacturing, for both domestic consumption and exports.

The Indian government Monday notified the ban on foreign direct investment (FDI) in cigarette manufacturing.

In the first major foreign direct investment in India's power sector in over four years, Singapore-based energy, water and marine group Sembcorp Industries Tuesday signed a joint venture agreement to set up a 1,320 MW power plant in Andhra Pradesh.

The Union Cabinet is likely to soon consider a proposal to completely ban foreign direct investment (FDI) in the tobacco sector.

Minister of Food Processing, Harsimrat Kaur Badal, held comprehensive meetings on Thursday with several departments and other stakeholders to solve issues that were impacting the smooth flow of Foreign Direct Investment (FDI) in the food processing sector.