South Korea's foreign investment grows, but is a tiny slice of region's funds
Article Abstract:
South Korea still controls only around 2% of the total amount of foreign direct investments directed towards the developing countries of Asia, despite the recent growth in investments in the country. In 1994, foreign investments rose by 26% from 1993 levels to $1.31 billion. Economic officials attribute the increase to the effects of the government's liberalization efforts, the stability in labor-management relations and the 8.2% economic growth recorded in 1994. Analysts, however, believe that further reforms are necessary to increase the flow of investments into South Korea.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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India hastens to catch up with China on investment
Article Abstract:
A growing number of foreign investors are taking notice of the potentials of the Indian market, as the effects of the country's three-year-old economic reform program begin to be felt. Although China remains way ahead in the competition for foreign capital and enjoys more sound economic fundamentals, Indians believe the rise in foreign investments will eventually allow them to pose a serious challenge to China's dominance. Unlike China, India offers more dependable market statistics, skilled scientists and engineers and well-managed private firms.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Bangladesh premier has plans to foster growth
Article Abstract:
New Bangladesh Prime Minister Sheikh Hasina Wajed is confident that her country's economy will enjoy average growth of at least 7% over the coming years. Sheikh Hasina's government hopes to achieve this goal by eliminating graft and corruption and attracting foreign investment. She also hopes to erase Bangladesh's negative image in the international investor community by portraying the country as a calm, clean and efficient place to do business.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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