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CORRECT: China Life Cuts Visa Stake By Half From 6 Mln In Mar 0 CORRECT: China Life Cuts Visa Stake By Half From 6 Mln In Mar Last Update: 8/26/2008 7:23:27 AM (Adds first-half net profit and investment gains, executive’s comments on overseas investment.) HONG KONG (Dow Jones)–China Life Insurance Co.

While foreign portfolio investors have been selling stocks of Indian companies, overseas venture capitalists continue to invest in Indian assets. In a sharp contrast to foreign institutional investors (FIIs) selling shares worth Rs 15,000 crore in the first quarter, foreign venture capital (FVC) investors have invested close to Rs 17,000 crore in Indian assets during the April-June quarter.

Low Keng Huat’s plans to pour money into a 267,000 square foot development project in Vietnam must have raised a few eyebrows when it was announced earlier this month. Against the backdrop of a 25 per cent inflation, 14 per cent interest rates and a Vietnamese dong that is expected to weaken a

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Mapletree Investments on Friday said that it has started the construction of a 10-hectare logistics park in Malaysia. The Shah Alam Logistics Park is expected to be completed early next year and be mostly pre-leased to logistics operators. It will have 60,000 square metres of gross floor area in three single-storey warehouses with mezzanine offices.

June saw the European Central Bank’s 10th birthday and in just under six months the EU’s single currency will also be celebrating a decade of existence. Championed by the 15 countries who said a fond farewell to their francs, marks and lira, the euro is aspired to by many younger EU members.

REAL estate firm Mapletree Investments is setting up a US$500 million (S$682 million) fund to invest in properties in fast-growing Vietnam, to be launched within 12 months. The Temasek Holdings unit said it is setting up the fund to ‘harness Vietnam’s rising development cycle, and to tap into the growing affluence of the middle-class segment of its population’.

Overseas Property Where to Invest in This Small World The year 2006 looks promising for overseas property investing. There are several locations in which forecasters of the real estate market are predicting to be a good investment. Low cost flights new airports and low prices are all factors for the overseas property investor.

Cape Verde’s politicians have been very astute in their dealings with the international community and opened many doors for the country, so much so that positive conditions for investment in Cape Verde are being held up as model for future emerging nations.

Sao Paulo, the 2nd biggest city in the world, responsible for 30% of Brazil’s GDP and accounting for 30% of its exports is an economic titan. The richest city in Brazil, it has a population of 20 million and is a bustling, atmospheric metropolis with a skyline of impressive architecture.