At a time when so many foreign investors have been pouring into Mongolia, I have wondered what the Mongolian people must be thinking about it. Turns out, I have not been the only one who is interested in just how the Mongolian people perceive their western “benefactors”. Recently I came across a posting on the …
Mongolia, like so many other countries in the world, Mongolia constantly needs to find sources of income to help it pay the bills and to put it in a more favorable financial position. Enter the “Chinggis” bond. At the end of 2012, Mongolia offered world bond traders a new investment bond to purchase. Mongolia issued …
Today just to conclude the panorama on “doing business in China” it is necessary to point out the following important points. It is evident that when doing business in this country any business entity has to use the local currency. The so called RMB is not yet a freely convertible currency, and China is still …
Pawnshops are big business in Hong Kong. So big in fact that the Oi Wah Pawnshop Credit Holdings Ltd. in HK is seeking to be listed on the Hong Kong Stock Exchange and it hopes to raise HK $ 98 million (U.S. $12.6 million) from an IPO. The Wall Street Journal posted an article on …
