Chambers of commerce
The Philippines' government policies supporting renewable energy projects have made the country an attractive destination for foreign investors, according to Lloyd Cameron, the British Embassy's economic and climate counsellor. British businesses are eager to invest in the Philippines but are waiting for opportunities. Cameron credited the government&
Cabinet officials
Federal Minister Ahad Cheema has expressed satisfaction with the progress on regulatory reforms aimed at boosting Pakistan's economy and investment atmosphere. In a high-level meeting chaired by Cheema, the Minister for Economic Affairs and Establishment Division, senior officials discussed measures to enhance Pakistan's investment landscape, including
Cabinet officials
Sri Lanka, a key player in the global economy, has embarked on a significant initiative to revitalize its trade and investment agenda through enhanced collaboration between its overseas Missions and national institutions. Minister of Foreign Affairs, Vijitha Herath, led the launch of the integrated mechanism, emphasizing the crucial role of
Cabinet officials
Vorapak Tanyawong, a nominated finance minister, has expressed concerns that the Thai baht could appreciate too quickly due to the US Federal Reserve's (Fed) interest rate cut. He notes that the rate cut will attract foreign investors to Thai bonds and Southeast Asian investment markets, potentially leading to
Chambers of commerce
A delegation from the European Parliament's Subcommittee on Tax Matters (FISC) recently visited Cyprus, meeting with government officials, business leaders, and professional associations. The discussions centered on key tax policy issues, including combating tax evasion, simplifying tax systems, and boosting competitiveness through targeted tax measures. The European Parliament&
Chambers of commerce
Philippine President Ferdinand Marcos has made efforts to address concerns about corruption in flood control projects, creating the Independent Commission for Infrastructure (ICI) to investigate anomalies and recommend charges against officials involved. This move has been met with enthusiasm from international business chambers, who see it as a step towards
Chambers of commerce
The Oman Chamber of Commerce and Industry (OCCI), in collaboration with the Oman Commercial Arbitration Centre, hosted a seminar on Commercial Arbitration in Banking, Insurance, and Finance Contracts. The event, held on September 14, stressed the significance of mediation and arbitration in resolving disputes related to contracts. The seminar aimed
Cabinet officials
Egyptian Minister of Investment and Foreign Trade, Hassan El-Khatib, has met with a delegation from the World Bank Group to discuss the frameworks for economic cooperation and to review the country's ongoing economic, structural, and institutional reform programmes. The meeting focused on enhancing economic development through investment and
Financial markets
The UK's stock market is attracting foreign investors, driven by concerns over Donald Trump's economic policies, and resulting in a record-breaking £30.4 billion worth of overseas takeovers in the first half of this year. This surge in foreign takeovers has surpassed the £11.9 billion
Financial markets
The Colombo Stock Exchange has seen one of the strongest rallies in its history, with the All Share Price Index (ASPI) nearly doubling its value from the same period in 2024. The year-on-year gain of roughly 94 per cent reflects investor confidence in the government's commitment to clean
Financial markets
The Securities and Exchange Board of India (Sebi) has announced changes to the framework for Foreign Portfolio Investors (FPIs) to attract more long-term overseas investments in the sovereign debt market. As of August, FPIs investing only in government securities (GS-FPIs) will be exempt from certain disclosure and reporting requirements applicable
Financial markets
The domestic stock market in Vietnam experienced a mixed bag of emotions on Thursday, with the VN-Index registering a 0.88 per cent increase to 1,657.75 points, despite a volatile session. TheImproving liquidity, up 23 per cent from the previous session to VNA36.6 trillion (US$1.4
