Mexico is currently aiming to increase its fuel imports in order to attract investment as well as to bring down the fuel prices for buyers. This energy reform activity will boost the competition among private oil firms in Mexico.
Archives
Northern Mindanao upbeat on investments in 2016
Northern Mindanao is a region in the Philippines and has five provinces. The Department of Public Works and Highways (DPWH) completed more than 717 infrastructure projects early this year at an investment of PHP 18.7 billion.
All eyes on Argentina's economy recovery in 2016
Led by new President Mauricio Macri, economy recovery in Argentina is anticipated during 2016. Argentina registered $3 billion trade deficit for 2015. Exports too fell over 50 percent during 2015.
Cesar Purisima bags sixth ‘Finance Minister of the Year’ award
Finance Secretary Cesar V. Purisima has done the Philippines proud once again by bagging the 'Finance Minister of the Year' award this year as well. This would be Purisima's second award in a row from FinanceAsia and his sixth in total over his six-year tenure under the Aquino administration.
Gauteng, Economic Hub of South Africa, Contributes 35% To The National Economy
Global economic crisis has affected value of South African currency immensely. Amid such economic hardships, Gauteng province has recorded growth above the national average and 35% contribution towards national economy. Gauteng province premier, David Makhura has revealed the information while delivering his State of The Province Address.
Latest News
Saban Ventures Fund is a newly launched fund aiming to offer investment to the selective business startups in Israel. The venture fund has been launched by Israeli-American media magnate Haim Saban. He is also familiar as one of the major financial contributors to the Hilary Clinton’s election campaign fund.
Xavier Rolet, CEO of London Stock Exchange said that startup companies in United Kingdom need support to scale up. In order to make a leap from SME into a large cap business.
Hong Kong Financial Secretary John Tsang to deliver annual fiscal budget. Hong Kong is predicted to announce surplus while still holding on to conventional approach.
Van Diemen's Land Company has been acquired by the Chinese business man Lu Xianfeng and his company Moon Lake. The country's approval of the dairy farm's sale to a foreign firm was made possible with certain conditions that the Moon Lake needs to comply with, especially with the taxation policies.
Audi is going to hit the market with an ultra version of the quattro, A4 Allroad quattro, during the middle of this year. The new quattro is capable of cutting friction losses and is believed to improve emissions and efficiency. It will be the first ever Audi to feature the ultra version of the quattro system.
Asia has been a growing market for startup companies and venture capital deal. However, as U.S. venture capital faces a slowdown and overblown valuation, will Asia also experience the same?
AT&T on Monday announced its intention to spend about $10 billion in order to provide its "integrated solutions" for enterprises globally. The company is also testing its 5G broadband services at enterprises and homes.
British currency suffered the biggest drop in one day, triggered by speculation Britain to leave. While Prime Minister Cameron stressed the importance of United Kingdom to stay in the EU.
Richard Branson's Virgin Galactic venture unveiled a new passenger spacecraft on Friday, nearly 16 months after a fatal accident destroyed its sister ship during a test flight over California's Mojave Desert.
