Courtesy of Forbes India, an interesting look at some of the top small- and medium-sized businesses in Asia: Against the backdrop of a fragile global economy, the makeup of our Best Under A Billion demonstrates why small and medium-size enterprises are considered essential to Asia-Pacific. Sales of this year’s 200 SMEs from 15 countries grew […]
Read more »Via the Gulf News, a report that Pakistan will allow Singapore’s PSA International Pte to transfer control of a strategically important port to a Chinese company, a switch that may spark concerns in the US over China’s naval expansion plans. As the article notes: “…The Gwadar port in Pakistan’s western province of Baluchistan was built […]
Read more »Via The Financial Times, a report on YPF’s proposed five year plan: Well, you can’t fault YPF for lack of ambition. On Thursday, Miguel Galuccio (pictured), the CEO of Argentina’s recently nationalised YPF oil company, laid out a hard-charging five-year plan to increase production and return Argentina to its former glory as a net petroleum […]
Read more »Via CNBC, a report on Colombia’s oil sector: Investors—Canadian ones, in particular—may recall Colombia as one of the hottest oil plays in the world. Paul Smith | Bloomberg | Getty Images The Ecopetrol oil refinery stands in Cartagena, Colombia. That was just a few years ago. Huge wells in these plays created huge valuations—and some […]
Read more »Via STRATFOR (subscription required), a report on Angola’s rail strategy for development: Angolan President Jose Eduardo dos Santos inaugurated Aug. 27 the terminus for the Benguela railway line in the coastal city of Lobito. Once rehabilitation of the line is complete, it will link Lobito to the Angolan heartland and should ultimately extend into south-central Africa. One […]
Read more »Via the MinnPost, a look at Myanmar: In a dimly lit ballroom, Myanmar’s investment czar gushed about his nation’s dazzling future to a congregation of foreign investors. Each had paid $1,500 to hear the government’s big pitch: Long an economic basket case, Myanmar is now an investment gold mine. “Myanmar is no longer a pariah,” […]
Read more »