With a $1.45bn investment from Jaguar Land Rover for a new facility in the pipeline and the EU presidency in its sights, Slovakia is keen to promote its FDI appeal, both within and beyond the automotive sector. Jacopo Dettoni reports.
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Locations
Central Asia and the Caucasus ponder life after oil
Authorities across the central Asia and Caucasus region are hoping a combination of reforms, privatisation and infrastructure investment will protect them against the downturn in the oil and gas markets.
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The AIIB takes its first steps around Asia
Under the leadership of president Jin Liqun, the Asian Infrastructure Investment Bank has revealed its development agenda – and put itself in the global spotlight regarding governance and working methods.
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ADB economist says growing India still lags behind China
India's economic growth looks set to continue into the foreseeable future, while China's slowdown shows little sign of abating, Asian Development Bank chief economist Jin Wei tells Jacopo Dettoni. However, when it comes to economy size and openness to investment, China is still out in front.
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Foreign investors hold their breath ahead of Brexit referendum
On June 23, the UK will vote on whether its future lies inside or outside the EU. One way or the other, the outcome will set the direction of the country’s future trade strategy and business proposition for its foreign investors.
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/ Americas
/ Costa Rica
Costa Rican president welcomes Panama Canal expansion
The expansion of neighbouring Panama's canal will boost business in Costa Rica and shore up the development of the Caribbean basin as an integrated trade hub, Costa Rica president Luis Guillermo Solís tells Jacopo Dettoni.
Bolivia: open for business
Finance minister Luis Arce, the man behind President Evo Morales’s deep reforms of the Bolivian economy, tells Jacopo Dettoni his country remains the fastest-growing in Latin America despite weakening commodity markets and is now looking for private partners to better develop its vast natural resources.
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Chile: Pushing for productivity
Chile’s finance minister Rodrigo Valdés tells Jacopo Dettoni about the reform-minded government’s efforts to strengthen the economy as weakening copper prices take a toll on the country’s mining sector.
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News
Latvia joins the OECD
Latvia joined the group of the 34 most advanced countries on June 2 after introducing changes to its troublesome banking sector and promoting better governance for state-owned enterprises. Minister for economics Arvils Ašeradens talked to Jacopo Dettoni.
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EY Italy chief on the country’s FDI comeback
Italy has navigated stormy economic waters for years. But, as EY Italy CEO Donato Iacovone tells Jacopo Dettoni, the country is trying to regain some of its investment appeal on the back of the government’s reform agenda.
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