Singapore 

18 play zones at Singapore’s biggest indoor mall playground Kiztopia; here are the best, Lifestyle, Singapore News

Indoor play areas are a safe haven for parents and children, providing much-needed respite for adults reaching the end of their tether. Of course, it’s a delight to kids as well.   Kiztopia, touted as Singapore’s largest indoor mall playground, is parent company Baby Heroes’ first foray into Southeast Asia outside of China, where it has four outlets. The 18,000 sq ft playground is set to open its doors on June 15. With 18 play zones, there’s bound to be something for everyone. Although some of the ‘zones’ are smaller than imagined, like the AR music…

Read More
Vietnam 

Quảng Bình secures over US$2 billion in economic, industrial zones – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Ha Quang Export Garment Factory in Đồng Hới City, Quảng Bình Province. Quảng Bình’s industrial parks and economic zones attracted $2.15 billion in the first quarter. — Photo baoquangbinh.vn Viet Nam News QUẢNG BÌNH — Industrial parks and economic zones in the central province of Quảng Bình have attracted nearly VNĐ50 trillion (US$2.15 billion) in 122 projects in the first three months of this year, chinhphu.vn reported. Of this, foreign investors poured $18.2 million into three foreign direct invested (FDI) projects. Head of the provincial Economic Zone Management Board…

Read More
Vietnam 

HCM City export processing zones need revamp as FDI drops – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY — Experts have recommended a number of measures to increase foreign direct investment (FDI) in HCM City’s export processing zones (EPZs) and industrial zones (IPs).      Infrastructure in the EPZs and IPs, most of which were set up in the 1990s, has deteriorated, especially wastewater treatment facilities. A number of centralised wastewater treatment systems, for example, have been found in violation of environmental regulations. In addition, many enterprises that want to expand their business face challenges as available land for rent in…

Read More
Home 

Brexit apart, Spain’s political uncertainty is a microcosm of the euro zone’s deepening troubles

Political parties in Spain will enter campaign mode this week after Prime Minister Pedro Sánchez on Friday called for an early general election, the third such ballot in as many years. However, far from being an exception, the latest political uncertainty in the euro zone’s fourth-largest economy comes as there are mounting signs of political instability and stagnating growth in other large European economies like Germany, France and Italy. With the euro zone “celebrating” its 20th anniversary… Source link

Read More
Vietnam 

Cần Thơ Industrial Zones lure $112m – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Workers make sports gloves at the factory of Tri-Viet International Company Ltd, located in Trà Nóc 2 Industrial Zone in Cần Thơ. The company draws its funding from Japan-based Trion Corporation. — Photo baocantho.com.vn Viet Nam News CẦN THƠ — Industrial zones in the Mekong Delta city of Cần Thơ attracted total registered investment capital of US$112 million last year, 12 per cent higher than its annual target, according to the municipal Industrial Zones and Processing Zones Management Board. Nearly $110 million came from 12 newly licensed projects,…

Read More
Home 

Nansha New Area, a successful nationwide template for free trade zones

[Sponsored Article] Three years ago, China’s State Council gave green light to the country’s most developed areas, Guangdong, Shanghai, Tianjin and Fujian to set up free-trade zones FTZ in their jurisdictions, aiming at testing new regulatory approaches, public or economic policy programs as well as facilitating trade and business transactions. The zones’ development is the milestone to further open up the country’s markets to global products, services and trades, according to national development plans. Guangdong FTZ, covering 116 sq. km, would deepen cross-border cooperation with Hong Kong and Macau while…

Read More
Vietnam 

US$8.3 billion invested in industrial parks and economic zones – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

To date, the country has established 326 industrial zones with a total natural land area of 93,000 hectares. — Photo cafef.vn Viet Nam News HÀ NỘI — In the first 11 months of this year, total foreign direct investment (FDI) in new industrial and economic zones increased by US$8.3 billion, according to the Department for Economic Zones Management under the Ministry of Planning and Investment. Industrial parks and economic zones registered for 560 new FDI projects with total investment capital of over $5.3 billion and increased capital for nearly 500 FDI…

Read More
China 

China pushes reforms in free trade zones as scepticism grows among foreign investors

China has unveiled a series of measures to deepen reforms in the nation’s free trade zones amid growing scepticism among trading partners over its commitment to opening up new markets to foreign investment. China is in the midst of an escalating trade war with the United States and the two nations have slapped tariffs on billions worth of each other’s goods since July. Washington is demanding China change its trade practices, taking aim at its subsidies to state-owned enterprises and forced transfer of technology from US businesses to Chinese partners.…

Read More

China State Council guideline prioritises land use for free-trade zones, sets stage for further liberalisation

China’s State Council issued a guideline on Friday prioritising land use for the country’s 12 free-trade zones. All ministerial-level authorities and local governments have been urged to build these zones into gateways that connect foreign investors with the mainland economy. The guideline is being viewed as a precursor to a series of drastic liberalisations, which follow comments by Chinese President Xi Jinping on November 5 that Shanghai would get a much larger FTZ with fresh incentives to attract global investors. He was speaking during the opening of the China International…

Read More