All Interviews & Viewpoints

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How might the new investment law affect foreign direct investment (FDI) in 2014? Is the new law enough to bring back investors’ confidence?

Though separated by vast physical distance, Canadians and Mongolians are united by common bonds that transcend geography. This happy state of affairs was evident during my state visit to Mongolia in 2013, undertaken on the 40th anniversary of diplomatic relations between our two countries and the fifth anniversary of the opening of the Canadian...

I am often asked by foreign investors about my perception of Mongolia’s economic prospects. In the short term, there are a number of hurdles that need to be overcome in order to improve the country’s legal framework and facilitate greater economic activity. Over the long run, however, there seems to be a strong political will to continue strengthening Mongolia’s legal...

Infrastructure provision remains a big challenge, from project design and prioritisation through to financing and delivery. There is a need to boost investment in infrastructure to raise growth prospects, both in the shortterm to insulate against a global slowing of growth and for the long-term benefits of boosting the supply capacity of our...

Corruption is not new. It is as old as the history of human beings. And it will always be with us, because there will always be people who want to live in luxury, to be part of the jet set community, to be closer to the centres of power. No one can eradicate corruption completely, but there are ways to minimise it. In the case of Indonesia,...

What is your forecast for Indonesia’s banking sector, given the revised economic outlook? How will it impact lending over the next 18 months?

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