Hsbc Bahrain
Saudi Arabia
2004, HSBC, PARIBAS, and JP Morgan applied for and received ... [Read More]
Lebanon
First Boston, HSBC, Citibank and Merrill Lynch remain ... [Read More]
Malaysia
Malaysia actively woos foreign investment in the information technology industry, particularly in the Multimedia Super Corridor (MSC), an ambitious project to transform a 15-by-40 kilometer area stretching south from Kuala Lumpur into Asia’s version of Silicon Valley. Foreign investors in the MSC receive a host of tax and regulatory exemptions (see Appendix A) in exchange for a commitment of substantial technology transfer. In September 2004, Prime Minister Abdullah Badawi pledged that MSC status would soon be available to new investors locating in Bayan Lepas Industrial Area in Penang and Kulim High Technology Park in Kedah, in addition to the MSC’s original location of Cyberjaya. This had not, however, been implemented by the end of 2004. (THIS IS MY UNDERSTANDING. PLEASE CONFIRM IF THE EXTENSION TO THESE AREAS HAS BEEN IMPLEMENTED.) Many corporations are now using the MSC to outsource call center and back office operations, including HSBC and BMW, among others. In the services secto ... [Read More]
|