With the easing of longstanding U.S. economic sanctions against Burma, major American companies are quickly starting to invest in the Southeast Asian nation. Competing soft drink giants Coca-Cola and Pepsi-Co. are returning to Burma for the first time in many years. Meanwhile, both MasterCard and Visa have reached deals with Burmese banks for use of […]
As US Sanctions Against Burma Ease, American Companies Start Investing
Posted November 19th, 2012 at 12:00 pm (UTC-5)
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Burmese Lawmakers Approve Foreign Investment Law
Posted September 7th, 2012 at 9:05 am (UTC-5)
The Burmese parliament has passed a long-awaited foreign investment law that it hopes will lead to a flood of investment in the long-isolated state. The new law allows foreign investors to own up to a 50 percent stake in joint ventures with Burmese business partners. Lawmakers dropped a previous plan requiring a minimum investment of […]
China, Flush with Cash, Invests in British Sewers
Posted January 20th, 2012 at 12:45 pm (UTC-5)
China is making good on plans to invest in infrastructure around the world, buying part of Britain’s biggest water and sewer company. China Investment Corporation announced the purchase Friday but did not disclose the price. The deal follows this week’s visit by British Finance Minister George Osborne to Beijing aimed at strengthening economic ties between […]
Investment Forum Seeks New Business for Haiti
Posted November 30th, 2011 at 1:30 pm (UTC-5)
Business leaders are discussing new possibilities for Haiti at a conference designed to bring more money and jobs to the impoverished Caribbean nation. The two-day Invest in Haiti Forum in the capital, Port-au-Prince, is aimed at highlighting business opportunities in the country. The Inter-American Development Bank (IDB) organized the event along with the Haitian government […]
South Sudan Looks for Foreign Investors to Reopen Shuttered Factories
Posted November 17th, 2011 at 6:10 pm (UTC-5)
South Sudan’s undersecretary for commerce says the new country plans to reach out to international investors to refurbish and reopen a number of shuttered factories to help create jobs. Elizabeth Manoa Majok tells the Reuters news agency that the country is dependent on imports which means a lot of hard currency goes overseas. She said […]
China Enters Ranks of Major Investors in Other Countries
Posted September 1st, 2011 at 1:25 am (UTC-5)
China says its days as a massive net importer of foreign capital may soon be coming to an end. People’s Daily, the flagship newspaper of the ruling Communist Party, reports on its website Thursday that Chinese foreign direct investment in other countries rose by more than 40 percent last year. It said the country is […]
