Foreign direct investment

Alberta Investment Management Corporation Opens Office in New York

Retrieved on: 
Tuesday, February 13, 2024

NEW YORK and EDMONTON, AB, Feb. 13, 2024 /PRNewswire/ - The Alberta Investment Management Corporation (AIMCo) today announced that it has further expanded its global footprint by opening an office in New York.

Key Points: 
  • NEW YORK and EDMONTON, AB, Feb. 13, 2024 /PRNewswire/ - The Alberta Investment Management Corporation (AIMCo) today announced that it has further expanded its global footprint by opening an office in New York.
  • AIMCo's New York office brings the firm's total number of global offices to seven, including Edmonton, Calgary, Toronto, London, Luxembourg, and Singapore.
  • The organization's presence in these countries provides access to deeper pools of talent that bring nuanced country- and sector-specific knowledge to secure the best investment opportunities.
  • "Our New York office, in the heart of one of the world's most important financial hubs, will also provide us with the presence and proximity required to both develop and deepen critical relationships with our investment partners," said David Scudellari, Senior Executive Managing Director, Head of International Investment, based in AIMCo's New York office.

Philip R. Lane: Euro area international financial flows: analytical insights and measurement challenges

Retrieved on: 
Tuesday, February 13, 2024

We document how gas price fluctuations have a heterogeneous pass-through to euro area prices depending on the underlying shock driving them.

Key Points: 
  • We document how gas price fluctuations have a heterogeneous pass-through to euro area prices depending on the underlying shock driving them.
  • Supply shocks, moreover, are found to pass through to all components of euro area inflation – producer prices, wages and core inflation, which has implications for monetary policy.

Startup Moldova Summit on March 14th: A Growing Tech Ecosystem to Watch

Retrieved on: 
Tuesday, February 6, 2024

CHISINAU, Moldova, Feb. 6, 2024 /PRNewswire/ -- Moldova, a small Eastern European nation, is quietly emerging as a hub for startups and investors in the tech ecosystem.

Key Points: 
  • CHISINAU, Moldova, Feb. 6, 2024 /PRNewswire/ -- Moldova, a small Eastern European nation, is quietly emerging as a hub for startups and investors in the tech ecosystem.
  • What sets Moldova apart are its distinctive qualities, including the presence of Europe's first e-park, the Moldova Innovation Technology Park (MITP) .
  • Overview of Moldova's Startup Scene:
    Number of Startups: Moldova currently boasts 82 startups , spanning various industries from AgTech and InsureTech to WineTech, all contributing to the nation's growing entrepreneurial spirit.
  • Startup Funding: In 2022, 11 Moldovan tech startups raised a total of $11 million in funding, a significant increase in confidence from both local and international investors.

Startup Moldova Summit on March 14th: A Growing Tech Ecosystem to Watch

Retrieved on: 
Tuesday, February 6, 2024

CHISINAU, Moldova, Feb. 6, 2024 /PRNewswire/ -- Moldova, a small Eastern European nation, is quietly emerging as a hub for startups and investors in the tech ecosystem.

Key Points: 
  • CHISINAU, Moldova, Feb. 6, 2024 /PRNewswire/ -- Moldova, a small Eastern European nation, is quietly emerging as a hub for startups and investors in the tech ecosystem.
  • What sets Moldova apart are its distinctive qualities, including the presence of Europe's first e-park, the Moldova Innovation Technology Park (MITP) .
  • Overview of Moldova's Startup Scene:
    Number of Startups: Moldova currently boasts 82 startups , spanning various industries from AgTech and InsureTech to WineTech, all contributing to the nation's growing entrepreneurial spirit.
  • Startup Funding: In 2022, 11 Moldovan tech startups raised a total of $11 million in funding, a significant increase in confidence from both local and international investors.

Allied Climate Partners Makes Inaugural Catalytic Investment, Anchors SEACEF II First Close

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 21, 2024 /PRNewswire/ -- Allied Climate Partners (ACP), the innovative philanthropic investment organization recently launched at COP28 , today celebrated the first close of the Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital .

Key Points: 
  • NEW YORK, Jan. 21, 2024 /PRNewswire/ -- Allied Climate Partners (ACP), the innovative philanthropic investment organization recently launched at COP28 , today celebrated the first close of the Southeast Asia Clean Energy Fund II (SEACEF II), managed by Clime Capital .
  • "Managed by Clime Capital, SEACEF II will provide the catalytic capital required for early-stage developers and businesses to deliver renewable energy, energy efficiency, and grid solutions across the region.
  • Allied Climate Partners is proud to be the anchor junior equity investor in SEACEF II, providing SEACEF II with catalytic, first-loss, capital and working alongside Clime Capital to mobilize other investors to participate.
  • As with SEACEF II, ACP anticipates providing catalytic, junior equity to initial investment managers in Africa, the Caribbean & Central America, and India.

BII and ADB Trade and Supply Chain Finance Program sign $100m risk sharing agreement to promote green trade in Asia, including Vietnam

Retrieved on: 
Thursday, January 18, 2024

Andrew Mitchell, UK Minister for Development and Africa, said: "This agreement between BII and the Asian Development Bank will unlock crucial green trade finance in Asia.

Key Points: 
  • Andrew Mitchell, UK Minister for Development and Africa, said: "This agreement between BII and the Asian Development Bank will unlock crucial green trade finance in Asia.
  • Green trade finance enables supply chain development of the renewable energy industry and tackles the bottleneck for much needed long tenor financing in the region.
  • The BII-ADB Green Trade Finance Facility supports SDG 7 on Affordable and Clean Energy and SDG 13 on Climate Action.
  • The transaction is led by Freddie Tucker, Investment Director, Trade and Supply Chain Finance at BII.

Global triggers: why these five big issues could cause significant problems in 2024

Retrieved on: 
Wednesday, January 3, 2024

The ramifications of the Ukrainian war echoed beyond the country’s border.

Key Points: 
  • The ramifications of the Ukrainian war echoed beyond the country’s border.
  • Such trends of global power tensions, open war, democratic decline and extreme job market fluctuations are likely to continue in 2024.

Power shifts

  • As the Brics (Brazil, Russia, India, China, South Africa) organisation expands to include Egypt, Ethiopia, Iran, Saudi Arabia and the UAE, its growing economic influence could dramatically change the global balance of power.
  • For countries that have been sanctioned by the west, such as Iran, becoming a Brics member increases their diplomatic options.
  • The Brics’ expansion can also enable members to strengthen their impact by pursuing their political and economic interests more easily.

Global election cycle

  • At the core is the US election where former president Donald Trump is likely to be the Republican candidate.
  • If re-elected, he may continue with his policy of “global engagement abstention” as evidenced by his past willingness to disengage from Nato.
  • Such a stance may weaken the global economic and political system and contribute to the rise of other countries searching for greater global clout.

Heightened tensions in the Middle East

  • The Israel/Hamas war will continue to have repercussions beyond the Middle East.
  • The risk of further escalation of the conflict regionally has intensified after Israel’s air strike in Beirut.
  • The Israel/Gaza war is also likely to discourage investment in the Middle East and disrupt trade routes leading to increasing shipping costs.

China’s economic pressures

  • Recently, China’s economy has been described as a “ticking time bomb” as a result of slow economic growth, high youth unemployment, the property sector crisis, lower Foreign Direct Investment (FDI) and weaker exports.
  • Growth prospects are expected to remain “structurally weaker” with low consumer confidence and spending and declining external demand.

Ageing populations

  • In 2022, Japan, Italy, Finland and Germany were among the countries with the greatest share of populations over 65 years of age and by 2050 it is projected that the list will include Hong Kong, South Korea and Taiwan.
  • By 2050 the percentage of the world’s over 60 population will increase from 12% to 22%.
  • In addition, there is evidence that the ageing of the population affects labour productivity and labour supply.


Jose Caballero does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Ethiopia Construction Industry Report 2023: Output was Expected to Grow by 5.6% in Real Terms in 2023 - Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 3, 2024

The "Ethiopia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Ethiopia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • The construction industry in Ethiopia is expected to grow by 5.6% in real terms in 2023, and register an average annual growth of 8.9% from 2024 to 2027.
  • By comparison, the country attracted ETB194.2 billion ($3.1 billion) in FDI in FY2021-22, marking a year-on-year (YoY) growth of 9.7%.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Ethiopia, featuring details of key growth drivers.

India Smart Manufacturing (Industry 4.0) Market Report 2023: India Embraces Industry 4.0 with 'Smarth Udyog Bharat 4.0' Initiative

Retrieved on: 
Tuesday, January 2, 2024

DUBLIN , Jan. 2, 2024 /PRNewswire/ -- The "Smart Manufacturing (Industry 4.0) Market in India 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN , Jan. 2, 2024 /PRNewswire/ -- The "Smart Manufacturing (Industry 4.0) Market in India 2023" report has been added to ResearchAndMarkets.com's offering.
  • The IoT in the manufacturing market in India was valued at INR 422.57 Bn in FY 2022.
  • A strong IoT in the manufacturing market will contribute to the adoption of smart manufacturing in India.
  • With the change in the Industry 4.0, automation of conventional manufacturing, and industrial practices, COVID-19 boosted digital manufacturing in India.

Indonesia's Investment Outlook 2024 & Green Economy Opportunities: Singapore hosts BKPM Investment Forum

Retrieved on: 
Sunday, December 10, 2023

SINGAPORE, Dec 10, 2023 - (ACN Newswire) - Entering a political year in Indonesia in 2024, the Ministry of Investment/ Investment Coordinating Board (BKPM) organized an Investment Forum on Friday (12/08) in Singapore, focusing on the theme "Indonesia's Investment Trends 2024 and Green Economic Opportunities."

Key Points: 
  • SINGAPORE, Dec 10, 2023 - (ACN Newswire) - Entering a political year in Indonesia in 2024, the Ministry of Investment/ Investment Coordinating Board (BKPM) organized an Investment Forum on Friday (12/08) in Singapore, focusing on the theme "Indonesia's Investment Trends 2024 and Green Economic Opportunities."
  • The forum featured the Minister of Investment/Head of BKPM, Bahlil Lahadalia, and the Indonesian Ambassador to Singapore, Suryo Pratomo, as key speakers.
  • Minister of Investment/ Head of BKPM Bahlil Lahadalia addresses investors in Singapore [IMAGE: BKPM]
    With an audience of more than 200 forum participants, Minister Bahlil stated that the investment climate in Indonesia is continually growing, and the country remains open to collaborating with investors from Singapore to invest in Indonesia.
  • We have embarked on ambitious steps to become one of the global leaders in the environmentally friendly economy," emphasized Suryo.