foreign investment

As evident in Sao Paulo, London, Singapore, and New York, the diplomatic role of global cities is increasing.

It is a matter of confidence, credibility and trust. Whatever be the political hue of the next government and whoever its leader, the challenge will be to reinvigorate investor confidence in the political stewardship of the economy, restore the credibility of the executive and rebuild trust in the sanctity of policy and contracts.

US computer chip giant Intel is to invest close to $6 billion in upgrading its Israeli production facilities, Israeli Economy Minister Naftali Bennett said on Thursday.

President Nursultan Nazarbayev cited country’s oil wealth as a reason why it should be seen as distinctive from the rest of the Central Asian”‘stans,” Reuters reports. Those include Tajikistan, Kyrgyzstan, Turkmenistan and Uzbekistan, countries that are largely poverty-stricken.

President Nursultan Nazarbayev cited country’s oil wealth as a reason why it should be seen as distinctive from the rest of the Central Asian”‘stans,” Reuters reports. Those include Tajikistan, Kyrgyzstan, Turkmenistan and Uzbekistan, countries that are largely poverty-stricken.

 

Despite impressive changes over the past three years, Myanmar (or Burma) now faces growing insecurity and rising disappointment among citizens that reform has not brought higher standards of living. Interethnic and interreligious unrest now threaten to halt reforms altogether, depress much-needed investment, and could even lead to broader regional tensions.

California recently made foreign-policy history by becoming the first sub-national government to sign an agreement with China’s powerful National Development and Reform Commission (NDRC), which oversees the country’s economic growth. Just as significant is the objective: fighting climate change by circumventing deadlocked decision-making in Washington and Beijing.

Prime Minister Stephen Harper arrived in Bali for an Asia-Pacific leaders’ summit Sunday bearing what could be called a $36-billion vote of confidence from Malaysia’s state-owned oil and gas company. Malaysian Prime Minister Mohd Najib sprung the “gargantuan” investment figure during a joint availability with Harper in Putrajaya, saying Malaysia’s state-owned oil and gas company Petronas has committed to construction of a liquid natural gas plant in British Columbia and the pipeline to feed it.

Pages