Thursday, April 24, 2014

Looking for an international casino operator to operate 2 casinos in Cambodia

Looking for an international casino operator to operate 2 casinos in Cambodia
   Looking for an international casino operator to operate 2 casinos in Cambodia

Smart International Consulting received mandate from our client, one of the top industrial groups in Cambodia, to find an international casino operator to operate 2 casinos in Cambodia.

Our requirement
• Have a strong casino development background
• Have excellent international network
• Have an annual gross revenue equal to 10 Million USD or over
• Willing to set up a long term business partnership with our client.

Note: Smart International Consulting will sign a non-disclosure agreement with all parties involved in the transaction.
For further information, please contact Smart International Consulting

Phone: 855(0)23.721.207

Email: info@adalidda.com

As an international consulting firm, we commit to keep strictly confidential the name of your company and we will never give your information to a third party.

Looking for a joint-venture with an international real estate group to develop a luxury real estate project in Cambodia

Looking for a joint-venture with an international real estate group to develop a luxury real estate project in Cambodia
Looking for a joint-venture with an international real estate group to develop 
a luxury real estate project in Cambodia (image for illustration purpose ONLY)


Smart International Consulting received mandate from our client, one of the top industrial groups in Cambodia, to find a joint-venture partner to develop a luxury real estate project in Cambodia.
Our requirement
• Have a strong real estate development background
• Have excellent international network
• Have an annual gross revenue equal to 10 Million USD or over
• Willing to set up a long term business partnership with our client.

Note: Smart International Consulting will sign a non-disclosure agreement with all parties involved in the transaction.
For further information, please contact Smart International Consulting

Phone: 855(0)23.721.207

Email: info@adalidda.com

As an international consulting firm, we commit to keep strictly confidential the name of your company and we will never give your information to a third party.

Sunday, April 20, 2014

Bulgaria, Petar Chobanov: Government combines social and investment priorities

The papers adopted by the Government show the observance of our specific commitments and priorities in the social and investment sphere. This is what Minister of Finance Petar Chobanov said at the press conference held after the Government approved the Medium-Term Budget Forecast (MTBF) 2015-2017, the 2014 update to the National Reform Programme (NRP) and the Convergence Programme. All three papers are part of the so-called European Semester. Minister Chobanov said that MTBF planned an increase in the minimum wage and in the pensions according to the Swiss rule. According to him, in 2015 the allowance for disabled children would be increased, more money would be granted to foster families and more possibilities would be sought for the expansion of the national employment plan. The Minister of Finance added that BGN 100 million would be set aside in next year's budget for Christmas and Easter bonuses for pensioners. 

The main focus of the NRP is on enhancing the social aspects of policies, youth unemployment, improving the business climate and reducing the administrative burden and better revenue collection, Mr. Chobanov explained. As to investment, in 2015 the Government plans again BGN 300 million for municipal projects under the Growth and Sustainable Development of the Regions Public Investment Programme, as well as an additional limit of BGN 100 million for government investment loans to support the successful closure of the Transit Roads V project. Mr. Petar Chobanov said that the key message of the three papers was that the Government "continues the strategy to follow fiscal discipline which however combines with economic growth acceleration, includes vulnerable social groups and leads to overcoming regional disparities".

The Minister of Finance reminded that for the first time in recent years the cash-basis deficit at end-2013 was higher than that on accrual basis. According to him, this was due to the normalised refund of VAT made according to the order of the received requests, the payments under EU programmes, including those made at the end of the year, and the settlement of delayed payments. Mr. Chobanov said that the 2013 data were the net result achieved without retaining VAT and other payments made by the state. He specified that some structural changes had been made this year to increase revenue, such as introduction of fiscal control, reverse charge mechanism and some measures aimed to collect declared but not paid liabilities. The new Rule of Procedure of the Bulgarian Customs Agency centralise the mobile teams by including representatives of other institutions as well, which proves effective concerning the detection of narcotic substances and detained quantities of excise goods.

More at http://www.bb2day.eu/portal/bulgaria/economy/23683-bulgaria-petar-chobanov-government-combines-social-and-investment-priorities

Ghana - Government allocates rice production targets to regions

Mr Kofi Humado, Minister of Food and Agriculture has announced that government has allocated rice production targets to all regions in the country to become self-sufficient by 2017.

He said Ghana had already become self-sufficient in yam, cassava and maize production and a breakthrough in rice production would therefore make the country a leading food producer for both domestic consumption and export to neighbouring countries.

Mr Humado said this when he addressed the chiefs and people of the Likpe traditional area during their biennial Lekoryi festival celebration at Likpe- Mate in the Volta Region.

The festival, which was on the theme:"Self- Help in Infrastructure Development" is celebrated every two years to harness financial and economic resources to support the development projects in the area.

It was first celebrated in 1988 and had since brought together the sons and daughters of the area to make useful decisions towards the development of the traditional area.

The occasion also gave the citizens the opportunity to recollect their ancestral beliefs that they carried from the ancient Ghana Empire and later to Atebubu in the Brong Ahafo Region, from where they moved to their current settlements.

More at http://www.modernghana.com/news/536385/1/government-allocates-rice-production-targets-to-re.html 

Australia to assist livestock development in Indonesia

Australia will likely provide Au$60 million or about Rp640 billion to assist in the development of the livestock industry in Indonesia, a capital investment official said.

"The assistance was discussed by both sides in an Indonesia-Australia Partnership meeting on food security here today," Himawan Hariyoga Djojokusumo of the Investment Promotion of the Capital Investment Coordinating Board (BKPM) said here on Thursday.

He said the fund was an initial offer from Australia and will be used to develop the livestock industry at home and to attract more investment from the federal state.

More at http://www.antaranews.com/en/news/93699/australia-to-assist-livestock-development-in-indonesia

Myanmar, EU begin investment protection talks

Myanmar and the European Union have begun negotiations on an investment protection agreement, the EU said in a news release.

It said the Minister of National Planning and Economic Development, Dr Kan Zaw, and the EU Trade Commissioner Karel De Gucht, are leading the negotiations, which began in Nay Pyi Taw on March 20.

The agreement will offer EU investors protection against discrimination, expropriation without compensation, unfair and inequitable treatment and for the possibility of transferring capital, the release said.

It said that by improving the protection and fair treatment of investors from both sides, the agreement will contribute to attracting investment to Myanmar and the EU.

"This investment agreement could become an important accelerator for the reform process in Myanmar," Mr De Gucht was quoted as saying in the release.

"Experience has shown that improving legal certainty and predictability for investments is key in providing business opportunities and much-needed development for this growing economy,” he said, adding that he hoped the negotiations would conclude swiftly.

More at http://www.mizzima.com/business/investment/item/11011-myanmar-eu-begin-investment-protection-talks

New ASEAN community offers export opportunities

The ASEAN Economic Community (AEC) would bring challenges, as well as improved export opportunities for Viet Nam when the AEC is formed in 2015, according to experts.

The AEC marks the commitment of ASEAN leaders to building and promoting a single market and production base, a highly competitive economic region tempered with equitable development, and a region fully integrated into the global economy.

ASEAN includes the Association of South East Asian Nations consisting of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam.

Experts said the AEC would also create greater opportunities for exporting goods and services to the ASEAN market, though local enterprises have faced many difficulties in production and business.

Deputy Minister of Industry and Trade (MIT) Do Thang Hai said the trade turnover between Viet Nam and ASEAN has quadrupled over the past decade, climbing to nearly US$40 billion in 2013 from $9 billion in 2003. Last year, Viet Nam took in $18.47 billion from its exports to the bloc, the country's third largest importer only after the US and the EU, which was an increase of 4.4 per cent from the previous year, added Hai.

Meanwhile, export turnover was estimated at $4.7 billion in the first quarter of this year, a year-on-year increase of 6.4 per cent. However, the figure has tended to remain steady, and even slowed on occasion, as domestic enterprises have not yet taken full advantage of the close geographical distance and incentives offered by the ASEAN Trade in Goods Agreement (ATIGA).

Hai said ASEAN is one of Viet Nam's leading trade partners, accounting for 15 per cent of the country's total trade. The regional grouping made up 22.4 per cent of total foreign direct investment (FDI) capital in 2013 with Singapore, Malaysia and Thailand being key investors.

AEC and free trade agreements (FTAs) have helped promote Viet Nam's exports to ASEAN, Hai stressed.

More at http://vietnamnews.vn/economy/253874/new-asean-community-offers-export-opportunities.html