Indian e-retailers are seeking a change in foreign direct investment (FDI) policy and want the Government to permit FDI in online multi brand retailing and inventory led model. Last month, the Union Government’s decision to bar FDI in ...
Tags: Multi Brand Ecommerce, E-Retailers
Titan International Inc. has closed the acquisition of a majority interest in Voltyre-Prom from Cordiant for $94 million. Titan will assume the company's debts as part of the deal. The acquisition of the Russian company, a leading ...
Although there is no firm yardstick to gauge its real impact, China Investment Corp has in many ways been the most representative face of Chinese investment in Europe. Apart from its regular activities such as equity and other investments, ...
Tags: Sovereign Wealth Fund, economy, China
Roland Berger Strategy Consultants has analyzed the role of banks in the internationalization of European small and medium enterprises in its new study: "What role can banks play in the internationalization process of European SMEs?". ...
Chinese oil companies are becoming more active in the international crude trading market, rather than just acquiring the fuel for domestic use. China's top oil refiner, Sinopec Group, has purchased crude from the Forties oil field, the ...
Tags: oil refiner, Sinopec
China attracted 8.38 billion U.S. dollars in Foreign Direct Investment (FDI) in August, up 0.62 percent year on year, data from the Ministry of Commerce (MOC) showed Tuesday. The increase was down sharply from a 24.13 percent jump in July ...
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, is insuring a cashmere scouring and disinfection facility in Heart province of Afghanistan. The MIGA-supported project will ...
Tags: Miga Insures
The increase in Foreign Direct Investment (FDI), especially in the garment sector, has created around 20,000 new jobs in Myanmar (previously Burma), according to Government data. During the first five months of the fiscal year 2013-14, ...
Tags: Apparel, Accessories, Garment
Vietnam is one of the countries negotiating the Trans-Pacific Partnership (TPP), and the agreement throws a challenge for Vietnam’s garment and textile sector which heavily depends on raw material imports for production of finished ...
Tags: Garment Sector, Apparel
China will strive to push its bilateral trade with the ASEAN up to USD 1 trillion by 2020, with new bilateral investment of USD 150 billion in the next eight years. The Sino-ASEAN bilateral trade value has grown at 21.6% in the past three ...
Tags: Bilateral Trade, economy
Swaziland’s Foreign Direct Investment (FDI) grew from E5 billion to E6.8 billion from 2008 to 2013, which has led to new investments in various sectors including textiles and garments. The increase in FDI has also increased ...
Tags: FDI, Textile Sector
German automotive supplier Dr. Schneider Automotive Systems is planning to establish a new plant at Russell Springs, Kentucky in the US with investments of over $29m. The new plant is expected to meet the increasing customer demand and ...
Tags: automotive supplier
UK-based diversified insurance company Aviva is reportedly considering divesting its 26% shareholding in its Indian life insurance joint venture (JV) Aviva India, which represents its exit from the business in the country market. The ...
Tags: Aviva, Insurance JV
Global multi-brand retailers wishing to enter the Indian market through foreign direct investment (FDI) route must comply with the mandatory 30 percent sourcing clause, Mr. KH Muniyappa, Minister of Micro, Small and Medium Enterprises ...
Tags: Indian market, Apparel
Construction expenditures in China are expected to rise 8.5 percent per annum in real terms through 2017. Ongoing urbanization and industrialization, rising income levels, further population and household growth, and the government’s ...