SCZONE launches digital services platform
The General Authority for the Suez Canal Economic Zone (SCZONE) is trialling a new set of digital services for investors. …
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GFCI 37 – Mauritius retains its status as a leading International Financial Centre (IFC)
Overview The latest edition of the Global Financial Centres Index (GFCI 37) reaffirms Mauritius' status as a leading International Financial Centre …
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Hyundai Motor Group announces $21bn US investment plan
Hyundai Motor Group has committed to a $21bn investment in the US from 2025 to 2028, with an aim to …
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Chipmaker Infineon Technologies opens new GCC in India
Germany-based semiconductor manufacturer Infineon Technologies has opened a new global capability centre (GCC) at the Gujarat International Finance Tec-City (GIFT …
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Malaysia to tighten semiconductor regulations
Malaysia is set to tighten semiconductor regulations to address concerns over the illicit flow of Nvidia chips to China, the …
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Vietnam increases cap on foreign ownership in banking sector
Vietnam has lifted its 30% cap on foreign ownership in the banking sector to 49% for some domestic banks in …
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Saudi Aramco to expand South American footprint with Primax acquisition
Saudi Aramco is set to expand its presence in South America with the acquisition of fuel distributor Primax, which operates …
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Barrett and NIOA announce new manufacturing site in Tennessee
Barrett Firearms Manufacturing, a US-based firearms manufacturer, has announced plans for a new facility in Murfreesboro, Tennessee. It is a …
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Trump considers extending Chevron oil licence in Venezuela
US President Donald Trump's administration is considering extending an April deadline for Chevron to wind down operations in Venezuela after …
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Nestlé downsizes German operations amid rising costs
Nestlé is downsizing its operations in Germany by shutting down one facility and divesting another, impacting approximately 225 employees. In two …
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Lotte builds a cold chain facility in Dong Nai, Vietnam
Lotte Global Logistics, a subsidiary of South Korea's Lotte Group, has launched the construction of a cold chain logistics centre …
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Chinese steelmaker HBIS and Vale sign MOU for steel decarbonisation
Chinese steelmaker HBIS Group has signed a memorandum of understanding (MOU) with Brazilian mining giant Vale to advance decarbonisation within …
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NBIM buys 25% stake in Covent Garden estate
The world's largest sovereign wealth fund, Norway's Norges Bank Investment Management (NBIM), has reached a deal to purchase a 25% …
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Tech interest in South East Asia a “natural outgrowth” of region’s development
The current foreign direct investment boom in South East Asia's tech sector reflects a longer-term trend in the region where …
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Bayer opens $35m maize seed facility in Zambia
German pharmaceutical, biotechnology and crop science company Bayer AG has opened a new maize seed facility in Kabwe, Zambia. Bayer has invested …
