Courtesy of Knowledge at Wharton, an insightful interview of Gita Wirjawan, a 44-year-old former investment banker with Goldman Sachs and J.P. Morgan, who last year became Indonesia’s chairman of Badan Koordinasi Penanaman Modal (BKPM), the country’s Investment Coordinating Board, a ministerial-level post. He believes his country has been misunderstood in the past, and has a […]
Read more »Via Yonhap, a report that China has acquired the rights to use another one of North Korea’s northeastern ports. As the article notes: “…China has used the North Korean port of Rajin in North Hamgyong Province for commercial trade since 2008. An official at the Tumen city government in northeast China said that a Chinese […]
Read more »Courtesy of Africa-Asia Confidential, a detailed look at China’s and India’s strategic business initiatives in Africa. As the article notes, China’s state companies have been advancing several billion-dollar petroleum and bank deals while India’s plans may be on hold: “…The Lagos State government, the Nigerian National Petroleum Corporation and the China State Construction Engineering Corporation […]
Read more »Courtesy of The Financial Times, an interesting look at India’s efforts to cultivate emerging markets of its own, such as Oman. As the article notes: “…While Indian companies struggle to expand in neighbouring countries in south Asia, they are making considerable headway in the Gulf and Africa. Unlike their Chinese counterparts, many do so without […]
Read more »Via Bloomberg, an interesting report on Indian Oil Corporation’s plans to acquire oilfields in Africa as part of a $1 billion overseas investment strategy. As the article notes: “…Africa is top of our list to buy assets because it is near India and has good quality crude,” Brij Mohan Bansal said in an interview at […]
Read more »Courtesy of The Financial Times, an interesting report detailing Indonesia’s recent economic rally. As the article notes: “…When Indonesia’s export market collapsed in the 1997 Asian financial crisis, the country didn’t look like it would ever get back into the regional manufacturing race. But the chairman of the investment coordination board, Gita Wirjawan, says Indonesia […]
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