Archive for December, 2010
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BANGKOK, Dec 21 – Thailand’s investment trend next year will be positive, while investors will continue to seek promotional privileges as much as of this year at around Bt400 billion, according to Board of Investment (BoI) Secretary-General Atchaka Sibunruang. Speaking at a seminar on "Investment Directions with the Thai Economy’s New Dimensions in 2011", organised by the Investor Club Association and National Institute of Development Administration (NIDA), Ms Atchaka said the investment atmosphere will be positive next year thanks to the improving domestic political situation, and lessened concerns regarding the Map Ta Phut Industrial Estate in the eastern province of Rayong, as well as more invesment confidence by foreign investors in the petrochemical and iron industries. Other industries with a positive investment trend are electronics, home electric appliances, hard disk drive production, health, tourism, agriculture, automobiles and automotive spare parts, specially after five eco-car projects have been approved for investments in the country. The BoI secretary-general said the Thai economy next year will likely grow 4-5 per cent but it will also depend on the exchange rate of the Thai baht and the global economy, particularly in Europe, the US and Japan, Thailand’s main markets. Meanwhile, Ms Atchaka warned that the government’s plan to reduce BoI tax-related privileges creates concerns for foreign investors choosing Thailand as their production base for export, and they might lose interest in investing here. She pointed out that Singapore, while having a lower corporate income tax rate than Thailand, provides privileges to foreign investment high-technology industrial projects. read more
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He is on track for $500,000 this year. In my opinion, one of the reasons for low response to seminar mailings is that the investing public has been poisoned by extremely poor presentation. Only 2 percent of engaged clients provided a referral because they were asked (by the advisor) for a name, 48 percent because a friend or colleague had asked for a recommendation, but 57 percent because a friend/colleague discussed a financial problem and they were able to provide a solution. His Gorilla CRM System helps advisors double their production or work half as much; visit www. read more
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The annual seminar for investment firms and analysts will discuss ASEAN's growth potential and competitive strengths in the context of current and future global economic conditions. Mr Tharman will be accompanied by officials from the Ministry of Finance and Monetary Authority of Singapore (MAS). Enter the code exactly as you see it. Copyright © MediaCorp Pte Ltd. Use of this Site is subject to our terms and conditions of use. read more
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The infrastructure development required for the economic boom in Sri Lanka has attracted a specialized high level delegation of professional and construction services experts to start negotiation and seek partners for future projects here in Sri Lanka. A seminar organized by the Malaysia External Trade Development Corporation (MALTRADE) in Colombo recently saw several key figures in the local construction industry and the government sector take part in an active discussion with regard to future investment by Malaysians in Sri Lanka. He said the delegates are from among those involved in civil engineering, mechanical and technical engineering, township and property development, architectural and design services, sewerage treatment systems, industrial building systems, modular building systems, wood wool composite panels and decorative stone work. Tan Loke Mun said Sri Lanka and Malaysia have similar climates which makes it viable to use concepts developed in Malaysia, in Sri Lanka. Urban Development Authority representative, town planner Chaminda Samaratunga addressing the delegation said that there are several key properties available for development for any interest investor with projects ranging from luxury housing complexes, commercial buildings to Eco resorts. read more
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According to Do Xuan Ha Deputy Head of the Ministry of Industry and Trade (MoIT)?s Trade Promotion Department, the Republic of Korea now ranks fourth among Vietnam?s 10 most important trade partners after China, the US and Japan. At the seminar, Chu Thang Trung Deputy Head of the MoIT?s Asia-Pacific Department asked the RoK to recognise Vietnam?s quarantine results in farm produce and allow RoK businesses to import Vietnam?s fruits such as blue dragons, longans and mangoes. KOIMA and the Vietnam National Vegetable, Fruit and Agricultural Product Corporation (Vegetexco Vietnam) signed a farm produce export agreement at the seminar. The National Financial Monitoring Committee (NFMC) has submitted to the Government a project to set up the National Gold Exchange based on the proposal of the Bank for Investment and Development of Vietnam (BIDV). Vietnam, in its capacity as ASEAN Chair, has made important contributions to helping the Republic of Korea boost its ties with other Southeast Asian countries, a senior RoK government official has said. read more
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The minister made the remarks at a business seminar that was held by the Lao government and the Chinese Embassy on Tuesday in the Lao capital of Vientiane. In the meeting, Lao government officials discussed with Chinese business people the possible solutions to investment environment in Laos. Vietnam ranks as the largest investor in Laos with 252 projects of a combined investment of 2. The Lao government has implemented an open door policy to enhance cooperation with the international community and promote domestic and foreign investment for the past two decades. Sinlavong said that in order to attract more foreign investment in the country, the Lao government paid attention to improve the business and investment environment by improving legal instruments and creating favorable conditions. read more
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Developing strategic emerging industries will open a new investment channel for private capital and might help divert a certain amount from the virtual economy to real business operations. However, due to the incomplete financial system, immature capital market and policy restrictions in the investment field, the investment channels for private capital are very limited. First, a comprehensive investment and financing chain for emerging industrial development should be set up, including angel investment, venture capital and equity investment. Angel funds should be actively encouraged and the angel fund investment mechanism must be gradually improved by way of establishing an angel investment network and information exchange platform, as well as optimizing the regional business environment, so that private capital can be transformed into reliable venture capital. When monitoring and controlling capital movements, the government should implement active fiscal and taxation policies to increase the profitability of private investment that is devoted to strategic and emerging industries. Fourth, the government should reduce investment risks for private capital investing in emerging industries by optimizing investment services and enhancing investor right protection. read more
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The foundries? role in the global supply chain means that gleaning information on their orders can provide insight for investors into the sales expectations of their customers, said John Crossman , a partner at Taipei-based Independent Research Partners Co. Mark Tsang , a Hong Kong-based spokesman at Bank of America Merrill Lynch, declined to comment, as did Marie Cheung , a spokeswoman for JPMorgan Chase in Hong Kong. In a June 30, 2006, e-mail, TSMC?s North America operations chief, Rick Cassidy , related to Taiwan colleagues a formal complaint filed by Atheros Communications Inc . Cassidy said in the e-mail that he?d discussed the Atheros complaint with Paul Franklin , vice president operations of the Santa Clara, California-based company, and Jack Lazar , chief financial officer, whom, wrote Cassidy, ?has recently been talking to a number of hedge funds that know specific information about Atheros (and other TSMC customers, Broadcom, Marvell, etc. Arrested on the same day as Karunatilaka were James Fleishman , a sales manager at Primary Global; Mark Anthony Longoria, a supply manager at Advanced Micro Devices Inc . read more
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