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BIZARRE: 5 - You Need To See This

China Is Becoming More Reliant on the World

With the Made in China 2025 initiative, Beijing aims to decrease dependency on foreign technology imports, but it’s also seeking foreign investments to modernize its technology sector.

The News Lens

Macron seeks record €13bn in foreign investment at Choose France summit

French President Emmanuel Macron is rolling out the red carpet for global CEOs as he aims to secure a record 13 billion euros in investments. Billionaire entrepreneur Elon Musk is one of more than 200 international business leaders expected Monday at the annual Choose France conference.

Radio France Internationale

Macron hails France's power to woo foreign investors for big industrial projects

French president Emmanuel Macron is scheduled to tour an aluminium factory in the northern city of Dunkirk on Friday to hail the region as a symbol of industrial recovery and highlight his country’s growing economic relevance as a venue for foreign investments.

Radio France Internationale

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Board of Investment to invite Korean executives to capitalise on opportunities

The Board of Investment (BoI) is preparing to organise a roadshow in South Korea to bolster foreign investment in Thailand, part of its five-year investment promotion strategy.

Bangkok Post

France tops European rankings on foreign investment in 2022

For the fourth consecutive year, France was the European country that received the most foreign investment last year, according to a survey by consultancy firm EY. Looking at the details though, these investments are leading to fewer job creations than in the UK or Germany. We speak to Pascal Cagni,…

France 24

Editorial: How to Reverse the Decline in Foreign Investment in China

Holding to the principles of reform could help break a deadlock in a landmark EU investment pact that is vital to reversing the recent decline in FDI

Caixin Global

WHA calls for luring further FDI

SET-listed WHA Corporation, the country's largest developer of built-to-suit logistics facilities, is calling for the next government to take advantage of more foreign investment, especially from China, to boost technology transfers and local employment.

Bangkok Post

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Why TikTok's Security Risks Keep Raising Fears

TikTok is once again fending off claims that its Chinese parent company, ByteDance, would share user data from its popular video-sharing app with the Chinese government, or push propaganda and misinformation on its behalf. China’s Foreign Ministry on Wednesday accused the United States itself of spreading disinformation about TikTok's potential…

Asharq Al-Awsat

The TikTok wars – why the US and China are feuding over the app

The US says the extremely popular video-sharing app ‘screams’ of national security concerns and considers a countrywide ban

The Guardian - US

Delhi HC disposes of plea against FIPB approval to Air Asia

The Delhi High Court on Wednesday disposed of a public interest litigation (PIL) moved by BJP leader Dr Subramanian Swamy after noting his submission that there is no foreign investment in Air Asia airlines as of today. Read further on Dynamite News:

Dynamite News

Denied Chinese rare earth bid ‘helps mitigate risk’

Treasurer Jim Chalmers has rejected a Chinese investment fund's bid to increase its stake in a rare earth company on national security grounds.

The New Daily

Denied Chinese rare earth bid 'helps mitigate risk'

Treasurer Jim Chalmers has rejected a Chinese investment fund's bid to increase its stake in a rare earth company on national security grounds.

AAP

Federal government blocks Yuxiao Fund's bid to increase its stake in Northern Minerals

Treasurer Jim Chalmers blocks Yuxiao Fund's application to the Foreign Investment Review Board to increase its stake in Northern Minerals Limited from just under 10 per cent to nearly 20 per cent.

ABC News

Foreigners set to invest B100bn this year

The Commerce Ministry remains bullish about Thailand's foreign investment prospects, forecasting a minimum of 100 billion baht in inflows this year.

Bangkok Post

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Caixin Global

Xi Says China Must Boost Consumer Spending, Foreign Investment This Year

The president stresses the importance of consumption in bolstering the economy at a key annual meeting to set the economic policy agenda for 2023

Asharq Al-Awsat

Eurasian Resources to Launch Long-term Investment in Saudi Arabia

Eurasian Resources Group (ERG) has announced its intention to invest in the Kingdom’s mining sector for the long term to expand its presence in the region. Benedikt Sobotka, CEO of ERG, said that the Future Minerals Forum, which was held in Riyadh in January, revealed the enormous mineral capabilities of…

The Guardian - UK

Bank of Israel governor says judicial reform could hurt economy – reports

Amir Yaron said to have warned PM that erasing democratic checks and balances could deter crucial foreign investment

Al Jazeera

South Korea to scrap stocks registration rule for foreigners

Financial Services Commission says details for improving environment for foreign investment will be unveiled next week.

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Asharq Al-Awsat

Saudi Crown Prince Launches Investment Fund on Culture, Tourism, Entertainment, Sports

Prince Mohammed bin Salman, Crown Prince and Prime Minister, announced on Tuesday the launch of the Events Investment Fund (EIF) that aims to develop a sustainable infrastructure for the culture, tourism, entertainment and sports sectors across the Kingdom, reported the Saudi Press Agency. Crown Prince Mohammed will act as chairman…

Reuters

Romania quietly catches up with richer neighbours, helped by EU cash

Romania's economy is set to outpace its stagnating neighbours this year, helped by European Union funding, currency stability and foreign investment driven in part by reshoring from Russia and Ukraine.

Reuters

Exclusive-Canada seeks progress in dispute over Mexican energy policies at summit

Canada and the United States are going to argue at a North American leaders' summit next week that resolving a dispute over measures that favor Mexican energy companies would help draw more foreign investment to Mexico, Prime Minister Justin Trudeau said on Friday.

Al Jazeera

Indonesia’s bid to woo investors complicated by ‘sex ban’ code

Southeast Asian country’s businesses community is divided on how revised code will affect efforts to attract investment.

AAP

Morrison sought foreign investment powers

Documents have been released showing former prime minister Scott Morrison sought to be sworn in as treasurer to hold foreign investment review powers.

Reuters

Canada proposes overhauling foreign investment rules to tackle security risks

(This Dec. 7 story has been corrected to delete the phrase saying that only one deal had been previously blocked under the Investment Canada Act, in the ninth paragraph)

Newcastle Herald

Green light for offshore wind collaboration

The Foreign Investment Review Board (FIRB) has granted approval for Norwegian energy company Equinor to invest in Oceanex's NSW offshore wind project entities.

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