Foreign investment in China soars despite labor woes
China drew 29 percent more foreign direct investment in July than a year earlier, with global firms still flocking to the country to build factories and set up research centers despite a bout of labor unrest.
Polymetal to invest $300 mln in gold deposit development in Chukotka
Polymetal, one of Russia’s largest gold producers, will invest more than $300 million in the development of a deposit in Chukotka in the country’s Far East, including construction of an enriching factory with a capacity of 850,000 tons of gold ore per year, the company said on Wednesday.
Invest online for transparency, safety
Mutual funds have been a preferred route for retail investors who are not very keen on directly investing in stock markets. Until market regulator Sebi banned entry loads on mutual funds last year, these were largely sold by distributors of the fund houses across the country.
Investment caveats
AS foreign direct investment is often used as an indicator of investor confidence in an economy, it may be reasonable to view the trickle of foreign funds into the country last year as a sign of investor misgivings.
Brazil to invest $3B on airports for 2014 WCup
BRASILIA, Brazil Brazil says it will invest nearly $3 billion to renovate and expand its airports ahead of the 2014 World Cup. Government officials also guarantee investments of about $400 million in ports, hoping to make sure the country is ready to host soccer’s biggest tournament.
Govt urged to invest more on environment
A non-government policy organization urged the Aquino administration to invest more on the environment, particularly the preservation of the country’s protected areas and national parks. La Liga Policy Institute environment campaigner Jonathan Ronquillo cited that of the total 109 Protected Areas and National Parks, most of them only receive an annual budget ranging from P150,000 to …
Successful Investing: Bargain hunters driving leisure-industry stocks
Bargain hunters driving leisure-industry stocks LAS VEGAS Despite the country’s lingering economic worries, the casino’s blackjack tables were surrounded by rowdy players with drinks in hand who were shouting in celebration. Stoic dealers accepted bets while rows of slot machines clanked loudly in the background. A line of arriving patrons …
6. Investment guru Rogers says M’sia can benefit by leveraging from region’s growth
KUALA LUMPUR: Investment guru and author Jim Rogers is bullish about Malaysia’s economy, if the country is able to leverage off the growth opportunities in South East Asian countries and China.
StanChart to invest $500 mn in China’s AgBank IPO
Banking major Standard Chartered Bank today said that it will invest $500 million in an initial public offering launched by the Agricultural Bank of China, expected to be the world’s largest public issue.
Brazil to invest 735 billion dollars in infrastructure in coming years
Development Minister Miguel Jorge said Tuesday that Brazil will invest 735 billion U.S. dollars in the infrastructure, industry and construction sectors in the next three years. At a Brazil-Italy business seminar in Sao Paulo, Jorge said that it is now the best time to invest in the country, whose economy is expected to grow 6 to 6.5 percent in 2010.