FOREIGN DIRECT INVESTMENT

By Ministry Of Financial Services By giving institutional investors more investment options, the Insurance (Amendment) Bill, 2022 is intended to strengthen the Cayman Islands' position in international reinsurance and domestic insurance.Minister of Financial Services and Commerce, the Hon. André Ebanks, will bring the amendment to the Cayman Islands Parliament during its third meeting of the 2021-2022 session, which will begin on Wednesday, 8 June.He also will present the Public Recorder (Amendment) Bill, 2022; and table the Auditors Oversight Authority's Annual Report for the Year Ended 31 December 2021, and Audited Financial Statements for the year ended 31 December 2021.Minister Ebanks said...

FOREIGN DIRECT INVESTMENT NEWS 2022

Chinese outbound investments into Asia (including Australia) totaled 101 or roughly 40% of Q4 total volume of outbound investments and 48% of total Q4 global outbound. This percentage of volume has remained flat over the past few quarters, although China’s Asian outbound investments as a percentage of its global aggregate has increased, meaning more money has been allocated to Asia than elsewhere. In Q4, China outbound investment into Asia was US$6 billion or 48.0% of the global outbound total while announced Asia inbound was US$10.1 billion, the highest since 2017. To recap as to why inbound surpassed outbound, President Xi...

FOREIGN DIRECT INVESTMENT NEWS 2022

  Goldfield is a Financial Services Commission (FSC) licensed management company based in Mauritius that offers corporate and administration services to Funds, Corporates, and Private Clients worldwide.   The company is led by a team of professionals who are expertly versed in managing large complex funds and corporate structures. Goldfield, therefore, makes it easier for clients to administer their businesses thus allowing them more time to focus on their commercial activities and the performance of their funds and companies. Goldfield positions itself as a niche market player with a focus on the quality of service delivery and seamless execution. Our...

CORPORATE & FIDUCIARY SPONSORED CONTENT 2022

Find out how Asia Outbound can introduce you to new intermediaries for your project or services.             By Doug Connolly, MNE Tax   The OECD highlights the importance for developing countries of streamlining complex transfer pricing rules and facilitating access to country-by-country reports in October 13 recommendations to the G20 finance ministers. The transfer pricing recommendations are part of a broader report addressing how global tax rules could be better tailored to meet the needs of developing countries.   In the report, the OECD includes among its “highest priority” recommendations a need to address how country-by-country reporting could be made...

CORPORATE & FIDUCIARY NEWS 2021

  Find out how Asia Outbound can introduce you to new intermediaries for your project or services.           The number of foreigners who want to obtain a second passport keeps increasing. Commonly they opt for a European country. Here one can find high living standards, economic stability, and security ensured by the law. And visa-free access to a good number of countries is an added bonus.   We asked experts at the Imperial & Legal company specializing in immigration whether it is possible to get European citizenship quickly.   “The easiest way is to invest. The immigration laws tend to...

IMMIGRATION BY INVESTMENT NEWS 2021

Expanded reviews and more resources: The view from 2021   Foreign direct investment (FDI) reviews have become an increasingly critical issue in cross-border M&A transactions. Although many countries continue to encourage inbound investment, Taiwanese businesses and investors should carefully consider and prepare for FDI regulatory scrutiny early in their deal processes.   We are seeing views converging across the United States, Europe, and other countries in agreement that so-called "sensitive" sectors need protection from what is described in the US as "adversarial capital." This trend is displayed through both lower thresholds that trigger FDI reviews and an expanded understanding of...

FOREIGN DIRECT INVESTMENT NEWS 2021

          By Gary Tom Although a bleak economic outlook is not usually accompanied by a booming house market, this is exactly what the U.S. has experienced during the global pandemic – arguably the least likely time for soaring demand for new homes. Yet fuelled by low inventory, among other factors, the evidence is compelling. Even the recent backdrop of emerging concerns in recent months about “an overheated market” hasn’t derailed the momentum.  For example, annual home price gains hit a record high in June, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Considered...

FOREIGN DIRECT INVESTMENT SPONSORED CONTENT 2021

By Nwachukwu Egbunike   Is China's silk road leading Nigeria to sufficiency or imperialism?    In December 2020, the latest of China’s many industrial investments in Nigeria, the railway between Lagos and Ibadan, became operational. Running 156 kilometers long and costing some $1.5 billion US dollars (USD), its opening was accompanied by public fanfare and Chinese government tweets, celebrating it as another victory for both Chinese-led developments, and for China’s public image in sub-Saharan Africa.    Over the past two decades, China’s investment in Nigerian industries, and especially transport, has offered Nigeria access to capital and expertise for badly needed development, at...

FOREIGN DIRECT INVESTMENT NEWS 2021