Via South China Morning Post, a report on Cambodia’s first crude oil production: Cambodian Prime Minister Hun Sen on Tuesday announced that the kingdom had extracted its first drop of crude oil from its waters, a long-awaited milestone for one of Southeast Asia’s poorest nations. The joint venture between Cambodia and Singapore’s KrisEnergy will see […]
Read more »Via Bloomberg, an article on Egypt’s decision to sell three more army-held companies in 2021: Egypt is considering selling ownership in three more army-held companies in 2021, a potentially historic opening of part of the economy to much-sought-after private investment. The chief executive officer of Egypt’s sovereign wealth fund, Ayman Soliman, said studies are under […]
Read more »Courtesy of The Financial Times, a report on Uruguay: Sandwiched between the giant economies of Brazil and Argentina, Uruguay has traditionally been at a disadvantage when it came to attracting foreign investment into its promising tech sector. But with the recent emergence of the country’s first unicorn and another company developing a sophisticated coronavirus app […]
Read more »Via Asia Times, a look at how Beijing is backing away from its initial $60 billion commitment to the China-Pakistan Economic Corridor project: Pakistan’s army is set to take near-total control of the Beijing-financed China-Pakistan Economic Corridor (CPEC), a US$60 billion infrastructure building plan replete with railways, roads, ports and special economic zones (SEZs) that is […]
Read more »Via Haikal Magazine, a look at the post–civil war boom in shark fishing that saved Congolese fishermen and their families is now drying up: As the midday heat begins to subside in the coastal city of Pointe-Noire in Republic of the Congo, eight sinewy fishermen shunt a rickety pirogue toward the gray Atlantic beneath a brooding […]
Read more »Via The Diplomat, an article on how the Iranian port of Chabahar has the potential to shift some of the regional dynamics in India’s favor: India, Iran, and Uzbekistan have held their first trilateral meeting for possible joint use of Chabahar port. The meeting was chaired jointly by India’s Secretary of Shipping Sanjeev Ranjan, Uzbekistan’s Deputy Minister […]
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