Indonesia foreign investment

— PANGOLIN GETS TOP PROTECTION IN CHINA: China has accorded the highest level of protection to the armadillo-like pangolin as part of its crackdown on the wildlife trade following the coronavirus pandemic. Most scientists say the virus was most likely transmitted from bats to humans via an intermediary animal such as the pangolin. That has placed the focus on a wet market in Wuhan, the origin of the pandemic where wildlife was sold for food. The order from the National Forestry and Grassland Administration did not explicitly mention the outbreak as a reason for the measure. The one-sentence notice said the action was needed “in order to strengthen the protection of pangolins.” The wild population of three species of pangolins found in China has crashed as a result of habitat loss and overhunting, despite a 2007 hunting ban. Pangolin meat is considered a delicacy by some Chinese and its scales are used as an ingredient in traditional Chinese medicine. … [Read more...] about Asia Today: Indonesia records single-day high in new cases

Deputy Minister of Planning and Investment Vu Dai Thang said while the global flows of foreign direct investment (FDI) could decline by up to 40 percent in 2020 due to the impact of the pandemic, the FDI attraction in Vietnam in the first six months remained positive. Specifically, in January-June, the total amount of capital registered by foreign investors reached 15.67 billion USD, a year-on-year drop of 15.1 percent. However, the newly-registered and added capital increased 13.8 percent and 26.8 percent to reach 8.43 billion USD and 3.72 billion USD, respectively. “These are positive signs, showing the confidence of foreign investors in the business environment in Vietnam,” Thang said. Particularly, Vietnam is home to over 32,000 projects worth 378 billion USD from 136 countries and territories. While countries across the world are still in the fight against COVID-19, Vietnam has resumed business activities as usual and become one of the first countries to diversify … [Read more...] about Foreign investors confident in Vietnam’s business environment: official

Secondly, China's industries have largely resumed production, driving up market demand and strongly supporting the growth of imports. In the first half of this year, imports of commodities such as crude oil, coal, iron ore and copper ore increased by 9.9 percent, 12.7 percent, 9.6 percent and 3 percent, respectively. … [Read more...] about Commentary: China’s foreign trade growth boosts hope for world economy

Targeted measures should be made to better serve local firms and help them tide over the difficult period, Hu said, adding that authorities should explore new business forms such as cross-border e-commerce to boost trade. Enditem … [Read more...] about Chinese vice premier calls for stable foreign trade, investment

The proposal is part of the draft revision and supplement of several articles in the Government’s Decision No 83/2014/ND-CP on petrol and oil trading, creating favourable condition for foreign investors to participate in petrol and oil distribution in Viet Nam. … [Read more...] about Foreign investors expected to own 35 per cent of stake in petrol and oil firms