Posts Tagged ‘Asia Investment’

ESCAP Publishes Trade and Investment Report for the Asia-Pacific Region

November 19th, 2013

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) recently published this year’s Asia-Pacific Trade and Investment Report, titled ‘Turning the Tide: Toward Inclusive Trade and Investment’. According to the report, the region is continuing to outperform the rest of the world in overall growth rate. The Asian-Pacific economy is boosted by trade-led expansion. However, inequalities are becoming apparent.

“The overarching message of this year’s report is that securing continuing growth of trade and investments remains among the top economic priorities for the region, but this comes with the realization that the quality and patterns of growth must also be enhanced,” explained Under-Secretary-General of the UN and ESCAP executive secretary Dr. Noeleen Heyzer. “We need trade and investment to generate inclusive growth and shared prosperity, building the productive capacities of our countries.”

ESCAP’s director of trade and investment Dr. Ravi Ratnayake stated: “It is prime time to charge trade-and investment-led growth with delivering benefits for all and reducing vulnerability amongst the poorest, to turn the tide towards inclusive trade and investment. Focusing primarily on the role of trade and investment in increasing overall growth, and considering distributional issues as secondary, has not produced inclusive societies.”


Intel Capital Invests $16M in 3 Asian Companies

June 11th, 2013

Intel Capital, the global investment arm of Intel Corp., recently invested almost $16 million in three Asian online retail companies. Two of the companies are based in India: and operator Bright Lifecare Pvt. Ltd. The last investment was in, a Singapore-based portfolio company.

The investments were announced last Friday at the World Economic Forum in Nay Pyi Taw, Myanmar.

“We see start-up companies across Asia-Pacific taking advantage of new business opportunities created by the spread of personal computing and broadband Internet access. These technologies allow entrepreneurs to reach new markets and customers, and offer innovative new services that will help enrich the lives of people across Asia,” Intel Asia-Pacific vice president and general manager Gregory Bryant said.

Intel is one of the largest technology investors in the world today, and has been investing in Asia since 1998. The company invested $352 million across the globe last year, and has invested more than $2 billion in the Asia-Pacific region alone.