For those looking for a gateway into Asia investments, Minister of Economic Development in the Maldives, Mohammed Saeed explains why his region is a good option. While it’s been traditionally seen as a popular tourist destination, since it is now encountering fast economic growth, it is becoming a popular investment destination. Industries include: tourism, financial services, agribusiness, renewable energy and more this results in “several sunshine sectors,” being available in the Maldives.
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Why Invest in the Maldives
December 21st, 2016Large Investments in Central Asia
January 18th, 2016
In 2015, the Central Asian region received a “record amount” of investment from the EBRD (the European Bank for Reconstruction and Development). This was an increase of a staggering 75 percent from €803 million to €1,402.3 million. In total, Central Asia has thus received just over €10 billion from the ERBD. According to Natalia Khanjenkova, EBRD Managing Director for Central Asia and Turkey:
“The EBRD is ever more dedicated to the market transition of the economies of Central Asia, and last year’s record investment is only one of the areas where the Bank has boosted activity. We are also actively engaged in supporting policy reform on green energy, diversification, the investment climate and the role of the private sector. An upcoming EBRD-FT Central Asia Investment Forum on 18 February in Istanbul will discuss ways of boosting investment in the region even further.”
So what’s the story with 2016? Some experts are predicting that this trend of large investments will continue this year. The ANREV (Association for Investors in Non-listed Real Estate Vehicles) found that for those investing in the Asia Pacific, Sydney and Melbourne will still be most popular. Indeed, over half of those surveyed by the ANREV actually said they would “increase their investments in property in the next two years and are looking at investing in Europe first, then in the US followed by Asia Pacific.” Tokyo has also become a popular destination.
So in terms of investments and FDI’s, look no further than Asia.
Malaysia-Argentina: Export and Import
April 9th, 2015
Argentina is seeking out investments in Malaysia. The region offers easy government regulations for such economic relations. In particular, Sabah is being sought out as a potential investment hub. Indeed, according to Datuk Seri Gan Sau Wah, President of the Sabah United Chinese Chambers of Commerce (SUCC).
“Argentina is well known for its agricultural field and we thought that it would be a good idea that we have Argentine businessmen coming into Sabah to invest as the State is rich with various natural resources and has a friendly as well as prosperous population.”
Back in 1997 Malaysia and Argentina signed an agreement “for reciprocal exemption with respect to taxes on income from the operation of ships and aircraft in international traffic.” Five years thereafter, exports from Argentina to Malaysia were valued at approximately $218 million; Malaysia to Argentina – $43 million.
The bulk of what goes from Argentina to Malaysia is from the agricultural and industrial industries; from Malaysia to Argentina it is capital and intermediate goods.
ESCAP Publishes Trade and Investment Report for the Asia-Pacific Region
November 19th, 2013The 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.”
