On his first trip to Asia, Mark Field, Minister for Asia and the Pacific at the Foreign and Commonwealth Office, has visited China, Hong Kong, South Korea and will next go to Singapore. In China, he met with China’s Foreign Minister Wang Yi in Beijing. According to China’s Foreign Ministry, Wang Yi said that the... View Article

The European Investment Bank (EIB) has agreed to help finance a large-scale windfarm in Mongolia as part of the country’s plans to embrace renewable energy. In cooperation with the European Bank for Reconstruction and Development, French energy company ENGIE, German industrial services provider Ferrostaal, and the Danish Climate Investment Fund, the EIB has pledged more... View Article

US President Donald Trump will welcome Prime Minister Najib Abdul Razak of Malaysia to the White House on 12 September, according to a press release from the White House. The meeting will mark 60 years of bilateral ties between the US and Southeast Asia’s third-largest economy. Najib’s father Tun Razak Hussein, Malaysia’s second prime minister,... View Article

The Times has reported that the European Investment Bank (EIB) will halt investments into the UK as a result of Brexit. The shareholders of the EIB are the 28 Member States of the European Union. To become a shareholder of the EIB a country must be a Member State of the European Union. Currently, through... View Article

Thailand’s former prime minister Yingluck Shinawatra faces a possible 10 year jail term if convicted in the Supreme Court in Bangkok on Friday. The former leader of the Pheu Thai Party is accused of charges of malfeasance, or dereliction of duty, over a rice scheme as chair of the National Rice Policy Committee, reports the... View Article

Sri Lankan President Maithripala Sirisena has sacked justice minister Wijeyadasa Rajapakse for his criticism of the government, including the decision to sell majority shares of the Hambantota sea port to China, according to the South China Morning Post . In July, the government signed an agreement to sell a 70 per cent stake in Hambantota... View Article

Nepal will hold a general election on 26 November to choose a new federal parliament, reports Times of India. The election timing is in line with the nation’s first republican constitution from 2015, which requires a new parliament to be in place before 21 January 2018. The election will mark a personal triumph for Nepal’s... View Article

Chinese companies investing in overseas firms for the Belt and Road Initiative (BRI) will be subject to greater controls, state planners announced in an online statement on Friday. The National Development Reform Commission (NDRC) will provide better guidance on risks to companies investing overseas ‘to promote the healthy and orderly development of foreign economic and... View Article

During her visit to China earlier this month, Carrie Lam, Chief Executive of Hong Kong, said she hoped that Hong Kong would play a more active role in the Asian Infrastructure Investment Bank (AIIB), a China-led multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region. Hong Kong joined the... View Article

The State Council of China aims to further lower market access threshold to attract foreign investments, according to a note issued yesterday and signed by Premier Li Keqiang. China aims to promote steady growth of foreign investment by further opening sectors to foreign investors, including banking, insurance and security industries. China will also expand market... View Article