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Capital Raising & Corporate Finance

ARGENTINA’S TAX DEPARTMENT STRIPS PROCTER & GAMBLE LICENSE

<strong>Corporate Tax | Management</strong><br /> Approximately 500 American companies operate in Argentina—but on November 3 that number abruptly decreased by one as the country’s tax authority, the Administración Federal de Ingresos Públicos (AFIP) revoked the company’s registration, accusing P&G of tax and accounting fraud.

Banking

ING COMPLETES BAILOUT REPAYMENT

<strong>Netherlands | Milestone</strong><br /> As a part of the restructuring agreement between ING, the Dutch government and the European Commission, ING agreed to several of what it called “bans,” according to an email sent by a company spokesman to Global Finance

Capital Raising & Corporate Finance

PAKISTAN: CHANGE NEEDED TO ATTRACT FOREIGN INVESTMENT

<strong>Pakistan | Frontier Markets Focus</strong><br /> Pakistan’s ability to attract both foreign direct and domestic investment fell dramatically during the past decade. Some of the reasons why still apply.

Capital Raising & Corporate Finance

ROMANIA: PROCEED WITH CAUTION

Frontier Markets Focus | Romania<br /> Romania aggressively pursues foreign direct investment by providing a number of incentive programs. But international investors should approach each one carefully.

Emerging & Frontier Markets

SEEKING TO DIVERSIFY

FRONTIER MARKETS REPORT | KAZAKHSTAN<br /> Kazakhstan is rife with investment opportunities, but companies must be aware of the country’s regional commitments and business climate.

Emerging & Frontier Markets

STOCK EXCHANGE TO SCRAP FOREIGN OWNERSHIP LIMIT

MILESTONES | TANZANIA<br /> Plans by Tanzania’s Capital Markets and Securities Authority to dispense with the 60% foreign ownership limit in stocks listed on the Dar es Salaam Stock Exchange could bring positive results in the short and medium term for Africa’s capital markets.

Capital Raising & Corporate Finance

ARGENTINE DEFAULT: BETTER THE SECOND TIME

ARGENTINA<br /> The aftermath of Argentina’s so-called default on July 31 doesn’t at all resemble the catastrophe accompanying its earlier default in 2002, when the country was unable to repay $100 billion of debt and the economy collapsed, costing millions of jobs.

Capital Raising & Corporate Finance

MOROCCO: STABLE, AND WELL-SITUATED

FRONTIER MARKETS REPORT | MOROCCO<br /> Morocco boasts solid outward FDI, geopolitical stability and proximity to key markets, but corruption is commonplace.

Capital Raising & Corporate Finance

SLOVAKIA: BRIGHT PROSPECTS

FRONTIER MARKETS REPORT | SLOVAKIA<br /> Slovakia has moved resolutely to compete with other former Soviet-bloc nations for foreign direct investment.

Capital Raising & Corporate Finance

KUWAIT: MIXED SIGNALS

FRONTIER MARKETS REPORT: KUWAIT<br /> Kuwaiti legislature has cut red tape and is offering more inducements for FDI. But is the rest of the regime on board?

Capital Raising & Corporate Finance

SRI LANKA: LIBERALIZING FOR GROWTH

Sri Lanka has an open business environment, but challenges—not least its recovery from the civil war that ended in 2009—remain.

Capital Raising & Corporate Finance

RISKY, BUT REWARDING

Mozambique’s future rests on monetizing reserves of coal, natural gas, titanium and other minerals.
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