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    <title>31 FDI PROPOSALS APPROVED</title>
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    <description>Government approved 31 FDI proposals following FIPB recommendations, primarily authorising conversions of operating companies into operating cum holding companies, issuance of warrants, share transfers, establishment of wholly owned subsidiaries, and post facto regularisations; seventeen proposals were deferred for further scrutiny, four rejected, one withdrawn, and three high value proposals were referred to the Cabinet Committee on Economic Affairs, with noted policy compliance requirements such as adherence to Press Note 1 of 2005 and, where applicable, security clearance before placement.</description>
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