Empowered Group Formed in India to Attract Investment in Post-COVID-19 World
India will be a much more investment-friendly nation post COVID-19 thanks to reforms introduced by the Centre. Indian Prime Minister Narendra Modi approved the formation of a cabinet of empowered government officials whose main mission is to attract investment.
Dubai Companies set to resume Business Operations with the Announcement of JAFZA Incentives
Economic activities in Dubai and throughout the UAE appear to be returning to near normal levels. As one of the UAE’s largest trading hubs, JAFZA (the Jebel Ali Free Zone) announced the introduction of numerous incentives to support consumers and promote new Dubai company formation and JAFZA company formation.
Family Businesses in the Gulf Cooperation Council preparing for Post-Pandemic Growth
The GCC or Gulf Cooperation Council is the economic and political alliance of 6 countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, the economies of which were shocked by the advent of the COVID-19 pandemic during the aftermath of lower oil prices. Family businesses in the GCC were already in dire financial straits as they were dealing with high leverage, lower profits, and restricted liquidity.
Ready-to-Eat Food Market in Singapore Primed for Growth
For the forecast period of 2019-24, it is estimated that Singapore’s ready-to-eat food (RTE) market will achieve a CAGR (Compound Annual Growth Rate) of 2.6%. Due to the increased exposure to numerous cultures, Singapore’s citizens are experimenting with new and different foods.
Vietnam’s National Assembly ratifies EVFTA and EVIPA
On June 8th, Vietnam’s National Assembly ratified two important economic agreements, namely the EVFTA (European Union-Vietnam Free Trade and EVIPA (European Union-Vietnam Investment Protection Agreements.
US Investment Opportunities increasing in Malaysia, Singapore, and Vietnam Special Economic Zones
In an effort to attract more US investors, the Association of Southeast Asian Nations, or ASEAN as it is more commonly referred to, is now promoting Special Economic Zones in order to become a more powerful trading bloc of member states.