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Saudi Aramco will seek to manage rapid industry change

Location:

SAUDI ARABIA

Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…

New Brazil industrial plan will face uncertainties

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BRAZIL

The plan covers six priority areas: agro-industry, health, infrastructure and mobility, digital transformation, bio-economy and defence. Most of the BRL300bn (USD60bn) in…

Riyadh’s judicial reforms will help drive investments

Location:

SAUDI ARABIA

Measures include a new civil code, the Civil Transactions Law, which came into effect in December 2023 and aims to provide comprehensive coverage of all aspects of contracts…

ASEAN-Australia relations will grow

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ASEAN/AUSTRALIA

Besides a leaders’ plenary and retreat, there were events linked to four thematic tracks: business; climate and clean energy; maritime cooperation; and emerging leaders…

Costa Rica's medical device sector will grow further

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COSTA RICA

Precision and medical equipment has been the country’s largest export sector since 2017. It maintained that position in 2023, achieving 28% growth year-on-year and contributing…

EU supply chain law faces major obstacles in Germany

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EU/GERMANY

The vote was lost following Germany’s decision to oppose the directive, which encouraged others to abstain. There are only a few weeks left for the Council to vote again on the…

The short-term impact of Canada's budget will be small

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CANADA

The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…

Mexico expropriation risk may rise as AMLO term ends

Location:

MEXICO

The move was not altogether unexpected, with the energy ministry having previously hinted it was possible. It nevertheless feeds concerns that the outgoing administration of…

More Colombian state intervention in health is likely

Location:

COLOMBIA

The same day, the government ordered an administrative intervention into one of Colombia’s largest private healthcare providers (EPSs), EPS Sanitas, citing financial mismanagement…

China will keep treating private firms with disfavour

Location:

CHINA

The NPC Standing Committee that same week expanded the State Secrets Law. Information clampdowns denting business confidence undermine efforts to boost the private sector and…