Foreign Investment Companies - Why Invest In Healthcare - Regulates Securities And Other Financial Market Investments.
Foreign Investment Companies
- (investment company) a financial institution that sells shares to individuals and invests in securities issued by other companies
- Entities that issue securities and engage primarily in investing and trading securities.
- Of, from, in, or characteristic of a country or language other than one's own
- relating to or originating in or characteristic of another place or part of the world; "foreign nations"; "a foreign accent"; "on business in a foreign city"
- of concern to or concerning the affairs of other nations (other than your own); "foreign trade"; "a foreign office"
- Dealing with or relating to other countries
- Of or belonging to another district or area
- alien: not contained in or deriving from the essential nature of something; "an economic theory alien to the spirit of capitalism"; "the mysticism so foreign to the French mind and temper"; "jealousy is foreign to her nature"
foreign investment companies - Unwanted Company:
Unwanted Company: Foreign Investment in American Industries
In the last quarter century, the U.S. economy has been transformed by a large inflow of direct investment from abroad. Foreign companies, mainly from Europe and Japan, have built factories and acquired U.S. firms at an ever-increasing rate. Jonathan Crystal finds inconsistencies in how American businesses have responded to this globalization of production.
U.S. firms, especially multinationals, have conflicting interests regarding investment protection, Crystal shows. Many American firms, under siege from overseas competitors, have already expended considerable energy in obtaining trade protection, but they are competing not only with foreign imports but also with locally established foreign-owned firms. American businesses may favor stricter regulation of foreign companies that threaten their bottom line, but they also consider their own interests as global investors subject to retaliatory protection in other countries. Restrictions on "foreign" investment, it seems, are not so attractive when they are imposed by other countries.
Unwanted Company examines the different ways in which important U.S. industries (including semiconductors, automobiles, steel, consumer electronics, telecommunications, and airlines) reacted to this new challenge. It focuses on the political responses of U.S.-owned firms to how Washington ought to regulate foreign direct investment and how it ought to treat foreign-owned firms in the United States. Some industries welcomed (or at least didn't oppose) foreign investment, whereas others sought restrictive and discriminatory policies. Crystal demonstrates how the nature of the domestic political environment shapes the translation of economic interests into policy preferences.
Today's Foreign Service: Confronting the Challenges
Sri Lanka's Foreign Service is one of the oldest public sector institutions in the country. It was initially headed by the Prime Minister and later by a Foreign Minister. It has long been a glamourous career option for the best and the brightest. The Foreign Service has, in the past, earned a reputation for performing well in defending and advancing the country's interests overseas. However, whether it has continued to maintain this reputation has come into question in recent times. The qualities of its cadres may have become uneven, political appointees may not have lived up to expectations and some may not even have realised the need to reflect the rapidly changing requirements of the country. It has produced many success stories, some of its silent achievers have retired gracefully after a life time of valiant service to the country, while a few have ventured further to bring credit to their country in the multilateral arena. However, whether there is a uniform commitment to serve in the face of the multifarious challenges among all its staff is questionable. As we advance into the 21st century, in an intensely complex international and domestic environment, the challenges confronting the Foreign Service today are daunting. The country will quite rightly demand more of this service. It is a costly ministry and should not be considered to be a cushy retirement option, as some have done or merely an opportunity to educate their children. Terrorism has become a global threat and has become every country's nightmare. Sri Lanka has also been confronted by a ruthless terrorist group for over two decades, even as the country tugs at its reins to advance economically and socially. Terrorism's multi-dimensional, political and socio-economic threat requires a constantly vigilant response in the multilateral and bilateral spheres. Primarily, the challenge to our diplomats is to ensure that there is no compromise permitted in the global commitment to the territorial integrity and sovereignty of Sri Lanka. No subtle relaxation of the world's vigilance should be permitted, enabling a quiet life-line to be thrown to the LTTE. Likewise, there would be no recognition for any level of parity between Sri Lanka and the terrorist, LTTE. In this, the endeavours of the Foreign Service have been successful. Every effort to damage our standing, with implications to the economy, needs to be countered proactively. The LTTE and its sympathizers tend to dominate the Sri Lankan Tamil population, and purport to represent it, particularly those living in the West, even though many may not willingly acknowledge the hegemony of the LTTE. This is a force that the LTTE deploys effectively and that needs to be constantly engaged, proactively. The propaganda war will require our diplomats to engage local decision makers, lobby groups, including NGOs, media, and importantly, the pro-Sri Lankan diaspora. The LTTE has over the years sought to create a negative impression of Sri Lanka with the objective of disrupting aid flows, tourism, foreign investment and perceptions of the country overseas. Sri Lanka's real and perceived failings tend to get highlighted to a far greater extent than those of other countries. Like all other terrorist groups before and contemporary, the importance of destabilizing the Sri Lankan state economically has not been lost on the LTTE. It is incumbent on the Foreign Service to continue in its efforts to meet this challenge. Increasingly, public diplomacy will play a critical role in its work as the need to reach out to a broader audience, including non-governmental groups becomes critical. In many Western countries, community groups and NGOs exercise critical influence on public policy formulation, making it essential for our diplomats to reach out to these entities. Sri Lanka must continue to identify its interest with the global effort to eliminate the scourge of terrorism and build on commonalities with regional and global partners. There are many seasoned officers in the Foreign Service who have confronted the LTTE and its legions of sympathizers over the years. Some of these LTTE sympathizers may simply be misguided into seeing innocent liberators forgetting the history of ceaseless killings of civilians, ethnic cleansing, suicide bombings targeting civilians, eliminating moderate Tamils etc. The LTTE pioneered the technique of massively deploying suicide bombers to terrorise political leaders and civilians. It is also important to ensure that the democratic world is not lulled into forgetting through clever propaganda, that Sri Lanka is Asia's oldest democracy and continues to be one. Its judiciary commands enormous respect. There will be a continuing requirement to identify with democratic forces in the world and to ensure support for Sri Lanka as it seeks to strengthen democracy and consolidate its institutions, including the rule of law, in the face of the challenge posed by a ruthless terrorist gr
KENYA - CEMENT COMPANIES
KENYA CEMENT COMPANIES Demand for cement, a key economic indicator, is expected to remain strong throughout this year as a result of infrastructure projects and home building currently underway in the country, industry players say. Athi River Mining’s deputy managing director Surendra Bhatia said the cement market in this quarter continues to be strong and has maintained its growth trend. “In terms of ARM cement business – as compared to the same period last year - the trend has been positive. The cement market continues to grow and is operating to capacity in this business segment,” he said. Cement firms, Bamburi - who welcome competition as good for consumers as it is important in terms of product quality - East African Portland Cement Company (EAPCC) and Athi River Mining have been cranking up capacity. Cemtech Ltd, Devki and the Mehta Group are making new investments hot on the heels of those of Mombasa Cement. According to the Central Bank’s Monthly Economic Review for February 2010, total cement production rose by 18.1 per cent in January 2010 compared with January 2009 to reach 292,769 metric tonnes. “Growth in cement production has been gradual but steady through the years, reflecting increased economic activity,” the review says. Cement consumption increased by 4.8 per cent from 200,840 metric tonnes in January 2009 to 210,486 metric tonnes in January 2010, reflecting increased economic activity in the industry, the bank’s estimates show. With the anticipated new entries and new capacity, Mr Bhatia said the cement market is growing, and so is competition. The per capita cement consumption in Kenya is increasing due to a rise in the middle class. This group is building homes and driving up demand for cement. Bamburi marketing chief Bob Nyangaya says competition has been a factor in the current advertising campaigns that have seen his company and EAPCC carry out sustained above-the-line initiatives. “It is true new entrants have contributed to the competition. But for us this brand of communication has been part of our marketing tradition,” he said. Mr Nyangaya says the firm had been running a campaign with masons in Kenya and Uganda well before the new advertising campaigns. Global cement consumption averages 389 kilogrammes per household. Kenyans consume a paltry 57 kilogrammes each, for instance, compared to 420 in Egypt and 600 for Turkey. The rest of East Africa ranges from 42 in Tanzania to 20 in Burundi. Mr Bhatia says that it takes a minimum of three to four years to build a green field cement plant and expects the competition to add capacity in the next three to four years by which time the market would have grown to the same extent. “Therefore over the short term we could not expect any overcapacity in the industry. In the medium term, we expect capacity and demand to balance. In the long term we expect that new capacity will again have to come up to meet the increasing cement demand in Kenya and in the region,” he said. Kenya has a capacity of 3.5 million tonnes against demand of 3 million. Uganda is self-sufficient while Tanzania, now soaking up Pakistani imports, has excess production. Generally, cement exports to Africa have been insignificant because of the growth in Asia. But Indians are building mega plants with Reliance Group putting up four plants with capacity of five million each - in other words, each is equal to the capacity of the EAC producers combined. Industry players estimate that a tonne of cement produced in Kenya sells at $125 (Sh9,625) the same as a tonne in South Africa where electricity is much cheaper. The price caps have been compounded further by the fact that there is an overcapacity in the Far East nations that is flooding the market. Imported cement lands in Mombasa or Dar es Salaam at $115 (Sh8,855) per tonne, according to industry players. The product of a similar weight leaves the gates of local manufacturers at $120 (Sh9,240) without considering other costs like transport and taxes. A tough local market has made it even harder for other new players to set up operations in East Africa despite the interest shown in the reent past. Asian countries have been eyeing the potential in the region. Pakistan-based Atif Zafar, a research analyst at JS Research, said early this month that East Africa is a region of great potential for cement exports. There has been a construction boom in East Africa as well as in Mozambique and Madagascar, partly thanks to the foreign aid given to this egion for infrastructure development, he said. Demand is expected to grow by 33 per cent to 8 million tonnes in 2011, from 6 million tonnes in 2009. Moreover, the global financial crisis has acted as a break in the commissioning of new capacities, providing a window of 1-2 years for Pakistani cement exporters. Contact TINSEL CARGO & OIL COMPANY COMMERCE HOUSE 3RD FLOOR, SUITE 311, MOI AVENUE, NAIROBI. P.O. BOX 79456-00200 NAIROBI
foreign investment companies
This book examines the development history of Japanese corporate governance and foreign investment. There are more than a few misconceptions on this subject. For example, the main bank system and business groups organized in the postwar period are deeply rooted in Japanese history. To reexamine the subject, this book introduces each company's data and concretely clarifies the real image of Japan's economy and companies. Based upon abundant information, this book clarifies that the inherited experiences of market-centered corporate governance and advanced foreign investment during the prewar period are now being revived and will bring new economic growth to Japan. This expanded and revised second edition makes the characteristics of Japanese companies clearer through comparative study with American and Asian companies.