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India emerges as top contender to host 2030 Commonwealth Games after major setback to Canada’s bid

India emerges as top contender to host 2030 Commonwealth Games after major setback to Canada’s bid

27/06/2025

India’s aspirations to host the 2030 Commonwealth Games have received a significant boost after the Canadian province of Ontario withdrew support for the country’s joint bid.

Ontario’s exit, citing spiraling costs and minimal long-term gains, has left Canada’s campaign in disarray and elevated India’s position in the race to host the prestigious centenary edition of the Games.

With Canada’s united front now fractured, India’s proposal centered around the Sardar Vallabhbhai Patel Sports Enclave in Ahmedabad has emerged as the frontrunner. The Indian delegation’s presentation to the Commonwealth Games Federation (CGF) emphasised infrastructure readiness, cost-efficiency, and long-term sports legacy.

India’s bid is further strengthened by the CGF’s revised hosting framework, which promotes sustainable planning over competitive bidding. The CGF officials are scheduled to visit Ahmedabad ahead of the August 31 deadline for formal bids.

Read the original article here: https://www.moneycontrol.com/sports/india-emerges-as-top-contender-to-host-2030-commonwealth-games-after-major-setback-to-canada-s-bid-article-13182475.html
New Zealand’s ‘golden visa’ scheme lures investors

New Zealand’s ‘golden visa’ scheme lures investors

26/06/2025

New Zealand reports a significant increase in applications for its reformed foreign investor migrant visa, as the center-right government looks to attract more high-net-worth individuals to the country and stimulate economic growth.

In April, the government relaxed the rules for the visa, including lowering the minimum required funds for the category focused on higher-risk investments from NZ$15 million (approximately $9 million) to NZ$5 million ($3 million), and removing the English language requirement.

According to the government, the new applications represent a potential NZ$845 million ($503 million) in new investment for New Zealand businesses.

Immigration Minister Erica Stanford revealed that the government had received 189 applications in less than three months for the Active Investor Plus visa, compared to only 116 submissions over more than two-and-a-half years under the previous settings.

The move comes as New Zealand’s economy grew faster than expected in the first quarter, providing some relief for policymakers after the country sank into a technical recession last year, the worst since the sharp downturn of 1991, excluding the pandemic.

The government hopes that the revamped foreign investor visa will help put the economy back on a solid footing by attracting more high-net-worth individuals to the country.

Read the original article here: https://www.msn.com/en-us/money/markets/new-zealands-golden-visa-scheme-lures-us-investors/ar-AA1Hdmlh?ocid=BingNewsVerp
SA Deputy President to attend Mozambique anniversary celebrations

SA Deputy President to attend Mozambique anniversary celebrations

25/06/2025

Deputy President Paul Mashatile will represent President Cyril Ramaphosa and the people of South Africa at the 50th national independence anniversary celebrations of Mozambique.

The celebrations are scheduled to take place on Wednesday, 25 June 2025, at Machava Stadium in Maputo. Mozambican President Daniel Chapo has extended an invitation to South Africa to join in commemorating his country’s milestone anniversary. This year’s celebration will focus on the theme, “50 Years of Independence: Consolidating National Unity, Peace and Sustainable Development.”

Proceedings will commence with a wreath-laying ceremony at the Mozambican Heroes’ Monument to honour 50 years of national independence, followed by the main festivities at Machava Stadium. This gesture underscores the strong ties between South Africa and Mozambique, as the two neighbouring countries come together to celebrate Mozambique’s significant milestone in its history.

Read the original article here: https://www.sanews.gov.za/south-africa/deputy-president-attend-mozambique-anniversary-celebrations

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Events

The Commonwealth Chamber of Commerce: Milestones and Moments Video

The Commonwealth Chamber of Commerce: Milestones and Moments Video

It has been little over a year and a half since the Commonwealth Chamber of Commerce came into existence.

The Chamber was set up because right now we are at an immensely important juncture in modern history; now more than ever is the moment for Commonwealth business to realise the benefits of being part of the global network of the Commonwealth family.

Webinar on the Isle of Man: The Exemplary Jurisdiction for Asset Management Recording

Webinar on the Isle of Man: The Exemplary Jurisdiction for Asset Management Recording

Our notable speakers provide a compendium of information on the structure of the territory’s legal system, its financial services and the multifaceted process for relocation. They also discuss the factors and governance frameworks that have led to the success of the leading financial jurisdiction as well as the many incentives that make the Isle of Man such a prime destination for relocation, particularly for internationally mobile families.

South/East Asia StartUp Summit 2022

South/East Asia StartUp Summit 2022

The international conference focussed on tech-enabled entrepreneurship in Southeast Asia and provided a virtual platform to engage youth with different activities and discussing exciting opportunities being created as the region’s ecosystem continues to thrive and grow!

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