Monthly Archives: December 2014

China’s western regions see good growth in investment

China’s western and border regions have enjoyed a surge in infrastructure investment this year, including railways, and will continue to enjoy high levels of spending next year, officials said. According to the latest figures released on the National Development and … Continue reading

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China Debt revamp opens door for global investors

More local governments may look to overseas markets for financing needs China’s overhaul of local government financing will create more opportunities for global investors in 2015. Global ratings agencies Standard & Poor’s and Moody’s Investors Service predict municipalities facing severe … Continue reading

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Thailand, China sign train investment pact

The long wait for new rail system investments ended on Friday after Thailand and China signed an agreement to build new tracks to fulfill Thailand’s ambition to improve its hapless train system. The memorandum of understanding was signed at Government … Continue reading

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Singapore economy to grow 3% this year

The figure is down from the 3.3 per cent forecast in the previous survey, after gross domestic product growth in the third quarter was lower than expected. Private sector economists are less upbeat about the growth outlook for the Singapore … Continue reading

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China signs Balkan bullet train deal to drive Europe trade

“This will put in place a corridor between China and Europe,” Chinese Prime Minister Li Keqiang told reporters after signing the deal in Belgrade, estimated by local media to be worth €1.5 billion (US$1.9 billion). China signed a huge deal … Continue reading

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ASEAN, South Korea agree to enhance strategic alliance

Wrapping up two days of meetings, ASEAN and South Korean leaders on Friday (Dec 12) agreed to work together to develop a plan that can enhance their strategic alliance going forward. South Korea and ASEAN have wrapped up their two-day … Continue reading

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Foreign firms set for tougher tax scrutiny

Government targets multinationals’ use of transfer-pricing arrangements China will establish a comprehensive system to monitor foreign companies’ profitability to curb cross-border tax evasion, the State Administration of Taxation said. The move is one of several steps against tax avoidance taken … Continue reading

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