Property Prices Fell in China
Property prices in China fell 5.7 per cent last month, based on official data published by China’s National Bureau of Statistics. It also had deflated at a pace of 5.1 per cent in January, which drop a hint of the world’s second largest economy slowdown. Over the weekend Chinese policy makers set out a […]
China’s Economy Faces Slowing Sharper Rate
China’s economy is slowing at a sharper rate than previously expected, according to a series of data out last Tuesday. Experts pointed out that figures for industrial production, retail sales and investment in the first two months of the year were all short of market expectations. It is speculated that Beijing may have to use […]
China Cut Foreign Investment Restrictions after ‘Two Sessions’
In order to pursue a further open up the market, Chinese government decide to cut the number of industries in which it restricts foreign investment. During time of ‘two sessions’ a new Catalog for Guidance of Industries for Foreign Investment has passed by Chinese State Council, China’s cabinet. It will come into force from April […]
China-Russia power struggle in Central Asian markets
Two of the least developed Central Asian countries, Tajikistan and Kyrgyzstan, have been heavily dependent on Chinese investment lately. But it appears that Chinese investors may be more inclined towards favoring Tajikistan over neighboring Kyrgyzstan. Neither of the countries boast an attractive investment climate. According to the World Bank, out of 189 countries surveyed, Kyrgyzstan […]
Kuwait : Expatriates Visa Fees Up Again
The Ministry of Social Affairs is considering increasing all fees related to issuance of WORK permits, visa renewal and visa transfers for expatriates. Formalities are been finalized with the Fatwa and Legislation Department, and the decision can be implemented without prior approval by the National Assembly. The daily census by PACI authorities confirmed the total […]
The impact of the oil price crisis on E&P plans in the MENA region
Despite recent concerns caused by unpredictable future oil prices, E&P plans and activities in Middle East and North Africa have continued as normal, if not increased. When an industry like oil and gas faces a crisis, obtaining the most up-to-date and accurate information is more crucial than ever for those active in those regions. Egypt […]
FDI to Korea in 2014 hits record high $ 19 billion
Looking to hit the $ 20 billion line in 2015 Foreign Direct Investment (FDI) to Korea was recorded at an all-time high of USD 19 billion in 2014, according to the Ministry of Trade, Industry and Energy (MOTIE). It is expected that it will increase to the USD 20 billion line by the end of […]
Asiatic Black Bears Suffer from Appetite for Bear Bile
In 2012, bile bear tonic-selling Chinese Guizhentang Pharmaceutical went under fire after they have appeared in the to seek approval to be a publicly listed company in the Shenzhen Stock Exchange, in which the animal rights movement and famous personalities, as well as citizens have criticized their action. With bear bile known for its medicinal […]
“Today is the Day to Work in Iraq”
Interview with Iraqi Ambassador Khalil Al-Mosawi The Iraqi envoy to Korea, Ambassador Khalil Ismail Abdul Sahib Al-Mosawi, in an interview with the Magazine N expresses his hopes to change the perceptions about Iraq, and how his oil and water-rich country is ripe for investments. “Iraq has been the cradle of civilization, culture, religion and history […]
China’s Asian Bank May Herald A New World Order
Since the 2008 economic meltdown, Europeans and the Americans have been asking the Chinese to contribute more to the Bretton Wood institutions. But, in turn, the Chinese have been demanding reforms to the hegemonic system of management and voting rights in these institutions that favour the Americans and the Europeans. Both appeals have mainly landed […]
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