International business

The Regional Comprehensive Economic Partnership (RCEP), a trading bloc comprising 16 Asia-Pacific countries, has issued an ultimatum to India, saying that New Delhi should cut tariffs on most products as soon as possible or leave the talks on the proposed Free Trade Agreement (FTA).

Foreign direct investment (FDI) in Bulgaria for the first two months of the year totalled  EUR 81 M,equivalent to 0.2% of the projected 2016 GDP,the central bank said on Monday citing preliminary data.

This compared with FDI in Bulgaria of EUR 486.4 M in January-February 2015, or 1.1% of 2015 GDP as reported by the state statistical office NSI.

In 2015, foreign direct investment (FDI) attracted to Bulgaria amounted to nearly EUR 1.6 B, which represented a 22.5 % increase compared to 2014, with the figures registering a six-year peak.

Foreign direct investment (FDI) in Bulgaria increased by 22.5% last year, reaching EUR 1.58 B, the country's central bank announced on Wednesday.

The foreign direct investment in Bulgaria for January-December 2015 was equivalent to 3.5% of the annual GDP forecast by the Bulgarian National Bank (BNB).

Indian Prime Minister Narendra Modi renewed his call on Feb. 13 for firms to invest in India and turn it into a global manufacturing hub, painting the country as a bright spot for investment in an uncertain world economy.

Foreign direct investment (FDI) to Turkey rose 32 percent last year on the previous year to $16.6 billion, the largest sum since the 2008 financial crisis, according to the Investment Support and Promotion Agency. 

The U.S.-led Trans-Pacific Partnership, one of the biggest trade deals in history, was signed in New Zealand on Feb. 4 as protestors demonstrated over fears for jobs and sovereignty.

The most desired aspect of foreign capital investments is foreign direct investment, but in Turkey's case, this item has a share of just one-fourth of the total inflow, almost equal to real estate purchasesForeign direct investments to Turkey, particularly after 2003, increased visibly compared to previous years.

Chinese overseas direct investment (ODI) rose to nearly $120 billion last year, official data showed on Jan. 20, as the world's second-largest economy sought to acquire foreign technologies, expand markets and diversify energy supply.

ODI leapt 14.7 percent from a year earlier to $118.0 billion in 2015, just ahead of the previous year's expansion, according to the commerce ministry.

The results of the November 2015 balance of payments released last week have confirmed an ongoing trend: The foreign resource inflow that has been financing Turkey's growth for 12-13 years dropped radically in 2015, and this could be considered a sign of a new era rather than a temporary trend. A new climate has gone into effect and the growth paradigm based on foreign resource inflow has actua