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USA
Algeria: Revised Investment Bill to Help Algeria Attract More FDIs, Says IMF
[Algerie Presse Service] Washington -The revision of Investment Bill will help Algeria to attract an important flow of Direct Investments, forecast the International Monetary Fund (IMF).
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Kenya
Tame Kenya’s runaway foreign borrowing now
That Kenya borrowed about Sh180 billion between January and July is shocking.
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Etiopia
ATI starts Ethiopia political cover to ease traders’ risk fears
Kenyan investors can now comfortably invest in Ethiopia, one of the continent’s fastest-growing economies, after African Trade Insurance Agency started insuring political risk in the country.
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Kenya
Counties tighten noose on rates defaulters in iTax deal
County governments are set to partner with the Kenya Revenue Authority (KRA) in the collection of property rates as they look to plug their revenue shortfalls.
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USA
Law compelling EAC states to prosecute human traffickers passed
In the event that all the Presidents sign, it shall become an Act of the Community, being superior to other laws on the same matter.
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USA
EAC has enormous potential for trade, investment — US Chamber
Inadequate road and port infrastructure also continues to be a significant barrier to trade in East Africa, the report notes.
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Cina
Hyundai Motor Completes Cangzhou Plant...Sets Sales Goal of 10 Mil. in China
Hyundai Motor has completed its four automobile assembly plant in China in Hebei. Chung Mong-koo, chairman of Hyundai Motor, was present in the completion ceremony and said his company would take back the No. 1 position in China. Hyundai Motor Group held an opening ceremony on October 18 for its ...
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USA
Hankook Tire Makes Clear It Has No Intention to Acquire Kumho Tire
The operating profit Hankook Tire earned last year will be brought up to more than 1 trillion won this year. The company said it won't take part in a bidding to acquire Kumho Tire which was recently out on the market.Suh Seung-hwa, president and vice chairman of Hankook Tire, said ...
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USA
US Economy Grows a Bit Faster in September, Fed Says
U.S. economic growth accelerated slightly as summer ended and fall began, supported by modest hiring, an uptick in consumer spending, and steady homebuilding, according to the Federal Reserve.
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Cina
Cina, Confindustria attacca la posizione dell'UE sul pasticcio dell'antidumping
(Teleborsa) - Confindustria attacca l'Unione Europea per aver mischiato due tematiche differenti fra loro: il riconoscimento della Cina quale economia di mercato e la normativa sull'antidumping,...