Tuesday, September 26 2017 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
NEW DELHI - The Reserve Bank of India (RBI) announced today that masala bonds will no longer be part of Foreign Portfolio Investor (FPI) limits on corporate bonds, freeing up INR440.01bn (approx. USD6.8bn) which will be released for FPI investment in corporate bonds over the next two quarters.
BEIJING - China is to roll out a negative list for foreign investment which has been tested in pilot free-trade zones, the State newsagency, Xinhua, reported. It said the negative list model, which states the sectors and businesses that are off limits to foreign investment, will be adopted nationwide as early as 2018.
CANBERRA - The Australian Government has committed to establishing a national space agency to ensure Australia has a long-term plan to grow its domestic space industry. It says the agency will be the anchor for domestic co-ordination and the “front door” for international engagement.
HANOI - The Vietnam Ministry of Industry and Trade (MOIT) has announced a plan to eliminate 675 current investment requirements and conditions. Lawyers Baker McKenzie say practical application of the decision will reveal the effective outcome of this announcement as investment procedures will be regulated by MOIT at its discretion.
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The 2017 Australia-China Business Week series will be held in at the Crown Conference Centre, Melbourne on October 11 and 12 and at Rydges World Square, Sydney, on November 21 and 22.
Dates for the China Digital Conference have been rescheduled to March 6 at the Sheraton Melbourne and to March 8 at Rydges World Square in Sydney. Visit www.ABF.Events
Held concurrently with the Livestock Taiwan Expo & Forum 2017 and Aquaculture Taiwan Expo & Forum 2017, the event is being positioned as a one-stop international B2B trading platform, showcasing innovative, eco-friendly and sustainability technology which can help increase agriculture production yields.
Participants include members of the Taiwan Environmental Manufactures Association, Taiwan Drinking Water Equipment Association, Taiwan Agriculture Machinery Manufacturers Association and Taiwan Veterinary Medicine & Health Industry Association.
