By Sumit Handa, Partner and Co-Head of the Investment Committee, Pennington Partners While Jay Powell and the Federal Reserve must choose between fighting inflation and saving the economy, as Circe warned Ulysses, the choice between Scylla and Charybdis is not easy. In other words, there are a lot of headwindsRead More →
In 2021, the net assets of exchange-traded funds (ETFss) stood at nearly $10 trillion, after inflows of over $1 trillion. ETFss have gained popularity with investors and may be of interest to central bank reserve managers seeking safety, yield and liquidity. Central bank mandates vary, but all reserve managers mustRead More →
Attendees at the Goldman Sachs technology conference in San Francisco on September 12, 2022.Alistair Barr/Insider This week, Goldman Sachs’ biggest ever technology conference is taking place in San Francisco. Tech executives from Microsoft, Qualcomm and Western Digital, among others, shared their gloomy outlook. Chipmakers are feeling the first signs ofRead More →
Christian Mota. As a country, the Dominican Republic is a small economy, but it has been able to overcome this crisis. The fact that gross domestic product (GDP) grew much faster than expected, despite the oil situation affecting the global economy, is a positive sign for the nation. If weRead More →
(AOF) – Serge Ferrari, a specialist in innovative flexible composite fabrics, achieved a turnover of 170 million euros, up 18% for the first half of 2022. This growth was fueled by continued strong demand. focused on the group’s main markets, including the residential housing and household equipment sectors. Net incomeRead More →
Kumar Mangalam Birla, Chairman of Aditya Birla Fashion and Retail Ltd (ABFRL), argues that India is well placed to weather an uncertain global economic environment. At the ABFRL’s 15th Annual General Meeting, he said the economy will show a resumption of growth in the medium to long term and thatRead More →
Effective tax planning and advice has never been more important to businesses in Northern Ireland. B Chartered Accountants is now a team of 15, based in the heart of Belfast and led by founder Ross Boyd – specializing in accountancy services for owner-managed businesses and the not-for-profit sector. It isRead More →
Reading time: 2 minutes The global economic environment is a challenge that many of you around the world are undoubtedly facing. We are seeing high global inflation rates, as well as unfavorable currency trends, which are impacting consumers and creating pressure on many industries. Based on these difficult economic conditions,Read More →
AsiaVision/E+ via Getty Images Summary in seconds I am reviewing ZTO Express (Cayman) Inc. (NYSE: ZTO) [2057:HK] shares in the form of Hold. ZTO advertises itself as “one of the leading express delivery companies in China” and “one of the largest” in the world on its corporate website. ZTO Express’Read More →
As European insurers release their 2022 half-year results, it is becoming clear that significant unrealized losses have been incurred on their investment portfolios due to the deteriorating economic environment, according to a new report from the rating agency. AM Best. The report entitled “Adverse economic environment resulting in large unrealizedRead More →
Gus Williams, COO of Bevan Buckland LLP, offers his advice to help SMEs navigate today’s business environment. Many small and medium-sized business owners will feel beleaguered from all sides at this time, dealing with the worrying combination of staffing issues, rising inflation, rising interest rates, growing recession forecasts and declineRead More →
New Delhi: Smartphone prices will increase by 8-10% in FY23, according to Madhav Sheth, CEO of Realme India, Vice President of Realme and President of Realme International Business Group. In an interaction with ETRetail, Sheth talks about Realme’s performance over the past fiscal year, the impact of inflation, the company’sRead More →
AMSTERDAM–(BUSINESS WIRE)–Rising interest rates, widening spreads and volatile equity markets have contributed to large unrealized losses on the balance sheets of European insurers, according to analysts at credit rating agency d ‘insurance AM Best. in a new Comment by Best, “An unfavorable economic environment leading to significant unrealized losses inRead More →
AMSTERDAM, August 09, 2022–(BUSINESS WIRE)–Rising interest rates, widening spreads and volatile equity markets have contributed to large unrealized losses on the balance sheets of European insurers, according to analysts at the agency. insurance credit rating AM Best. in a new Comment by Best, “An unfavorable economic environment leading to significantRead More →
In today’s post-pandemic world, there has been a surge in the number of women entrepreneurs and women-led businesses, which is undeniably nice to hear, though; women have observed the same biases and a lack of funding opportunities in the business world that have existed for decades. Individuals have cited severalRead More →
NGX Okey Onyenweaku The Banks (NGXBNK) sub-sector of the equity market fell 11.59 points, representing 2.83%, from 409.38 points as of January 4, 2022 to 397.79 points for the six months ended June 30, 2022.The sub-sector stood at 407.47 points as of January 4, 2021. The drop in the bankingRead More →
The pressure to generate revenue under difficult operational conditions could increase the conduct of anti-money laundering and counter-terrorist financing (AML/CTF) compliance and regulatory risk for casino operators in the SAR of Macao, points out a report by Thomson Reuters. A report by Reuters on money laundering and misconduct in theRead More →
When it rains, it rains: COVID, store closures, supply chain issues, labor shortages, inflation, and now a likely economic downturn. The challenges faced by retailers continue to present themselves. In recent months, we’ve seen major retail brands around the world replace their CFOs in the face of these issues, includingRead More →
Australia’s fintech sector has come of age, with homegrown fintech continuing to challenge incumbents and disrupt the traditional financial sector, according to the recently released KPMG Australian Fintech First Investigative Report. However, the sector could face headwinds due to talent and funding constraints this year. During 2021, KPMG Australia surveyedRead More →
Electronics and entertainment retailer Pie Music said middle incomes contracted only slightly in the six months to May 31 despite “a difficult economic environment”. Music Magpie said total revenue for the period was £71.3m, which was slightly lower than the £72.8m reported a year earlier. As part of this, salesRead More →
Chris Maher speaks out on the current economic climate in ‘Mornings with Maria’, saying a recession will be “mild” if it occurs. Chris Maher, board member of the Federal Reserve Bank of Philadelphia, argued that inflation creates “stress” in the environment that “will take some time” to get under control.Read More →
First Look 12Lprovides a quarterly overview of banking and economic conditions in the twelfth district of the Federal Reserve System. In 1Q22, median district bank loan growth – excluding Paycheck Protection Program (PPP) loans – exceeded 13% year-over-year, the fastest pace among twelve districts of the Federal Reserve. Median quarterlyRead More →
Reserve Bank Deputy Governor Kuben Naidoo says they face a fundamentally changing economic environment. Rising inflation has become a serious concern for both real incomes and consumption, with food prices and transport costs showing upward trends. Rising interest rates are also expected to weigh on consumers, with economists predicting aRead More →
– Like-for-like sales decreased 0.6% in the first 20 weeks of the fiscal year – Retailer added over 40,000 customers to TradePro program – DIY specialist faces economic uncertainty and an inflationary headwind home improvement retailer Wickes (WIX) warned it was facing an ‘uncertain macroeconomic environment’, the kit-kitchen garden furnitureRead More →
The President of the Investment and Trade Tribunal, Judge Khalid bin Ali Al Obaidly (pictured), stressed during the first meeting of the General Assembly of the tribunal that the tribunal will contribute to creating an attractive economic and investment environment, to reassure traders, investors and entrepreneurs and ensure the realizationRead More →
International digital companies in Sri Lanka are exempt from taxes They take millions of dollars out of the country every year Local companies offering the same services subject to taxes The Central Bank of Sri Lanka is aware of this inequality Direct debit from non-domiciled companies is no longer aRead More →
NIA creates economic environment leads Nevis to new business opportunities: Brantley Nevis: The Premier of Nevis and leader of the Concerned Citizens Movement (CCM), Mark Brantley, has highlighted a series of projects undertaken by the administration of Nevis Island following the two-year hiatus due to the COVID pandemic -19. HeRead More →
A month ago, the industry collectively warned the government and all parliamentarians of the severe economic consequences that Sri Lanka would face if swift action was not taken to stabilize the macroeconomy. It is disappointing that very little progress has been made in bringing about this stability, says the SriRead More →
Order intake up 22.1% to €349.1m (previous year: €286m) Revenue of €238.4m down slightly by 2.1% compared to the previous year – share of service activity up in the first quarter of 2022 Order intake and revenue well above industry average Business performance heavily impacted byRead More →
Electronic component distributor Avnet on Wednesday reported strong revenue and profit growth for its third quarter of fiscal 2022 despite supply chain issues plaguing the computer and electronics industry and Russia’s war. against Ukraine. Robust and improving demand for electronic components, including in Avnet’s Americas and Asia-Pacific businesses, its UK-basedRead More →
Crypto exchange giant Coinbase reveals its crypto investment holdings amid macro uncertainty. In a new blog post, the leading US-based crypto exchange unveils a detailed breakdown of its Q1 2022 crypto portfolio and offers insights into how it plans to navigate an environment macro unstable in the future. “In theRead More →
Kwame Pianim, Economist and investment consultant Economist and investment consultant, Mr. Kwame Pianim noted that the economic problems in Ghana are so vast that it is therefore necessary for various stakeholders from industry, academia and the international community to talk about them and offer different perspectives to review by decisionRead More →
Dublin, March 22, 2022 (GLOBE NEWSWIRE) — The ‘Transport in Zambia 2022’ report has been added to from ResearchAndMarkets.com offer. Zambia is a landlocked country and depends on a strong and efficient transport system for the smooth transit of exports and imports and the growth of its economy. However, economicRead More →
Dublin, March 22, 2022 (GLOBE NEWSWIRE) — The ‘Transport in Zambia 2022’ report has been added to from ResearchAndMarkets.com offer. Zambia is a landlocked country and depends on a strong and efficient transport system for the smooth transit of exports and imports and the growth of its economy. However, economicRead More →
The Manhattan real estate market saw another week of bountiful luxury transactions despite a tough economic environment, according to Olshan Realty’s Weekly Roundup Monday. There were 38 contracts signed on homes asking for $4 million or more – the report’s benchmark for luxury – in the New York borough duringRead More →
The 2022-2023 budget is a comprehensive and transparent budget, which reflects confidence in the economic recovery. Against the background of the third wave of Covid, it is a fairly balanced budget. It strikes a balance between the need to revive the economy and ongoing fiscal constraints, focusing primarily on theRead More →
(The Center Square) – Michigan business leaders released a report comparing Michigan’s performance to the top 10 states that rank it 29th in the nation, but found that many other states surpassed Wolverine State. However, Michigan had made significant gains since the Great Recession when it fell from 49 toRead More →
Shares of listed fund manager Sygnia closed more than 4% on Tuesday (at R18 per share) after the group, founded by Magda Wierzycka, reported a strong performance for the fiscal year ended September 2021. Sygnia herself has set the bar very high to become one of South Africa’s largest assetRead More →
Not only do we benefit from the demographic bonus, but we also face challenges related to the quality of human resources and the labor market, which are above all linked to employment. Jakarta (ANTARA) – Deputy Finance Minister Suahasil Nazara called for synergy between fiscal policy and the financial sectorRead More →
SABC CEO Madoda Mxakwe said the public broadcaster’s revenue generation has improved on a monthly and quarterly basis despite the current tense economic environment. He says the SABC News has also achieved 97% of its turnaround strategy, but still needs to work hard to increase its revenue for sustainability. MxakweRead More →
The government has taken proactive steps to prepare the country for exit from the PMA and a smooth transition to a new economic environment, Commerce Minister Tipu Munshi said on Sunday. He said that Bangladesh has made impressive socio-economic progress and urged all to overcome the coming business challenges byRead More →
X Sign up for free to receive the latest news straight to your inbox Register now Bradford-based lender Provident Financial claims to have seen improved business performance in the third quarter of 2021. The company, which published a trading update covering the three months to the end of September 2021,Read More →
The Covid-19 lockdown and the shortage of semiconductor chips will not stop Porsche’s rise in global sales. Luxury cars of all brands will continue to gain popularity over the next five years across the world. Electric cars lead the proverbial charge for OEMs in new luxury vehicle sales. For automotiveRead More →
Saud Salim AlMazrouei, Director, Hamriyah Free Zone Image Credit: Provided Dubai Expo 2020 kicked off on October 1, 2021. What is your personal message to the citizens of Dubai, the United Arab Emirates and the world on this momentous occasion? Expo 2020 Dubai is the first universal exhibition to beRead More →
Dive brief: The consultancy firm IMF released an updated design-build spending study last week, showing a positive outlook for the delivery method. While overall construction spending is expected to total up to $ 7.9 trillion by 2025, design-build spending is expected to reach $ 1.7 trillion, or about one-fifth ofRead More →
HE Minister of Trade and Industry and Acting Minister of Finance Ali bin Ahmed al-Kuwari participated virtually in the fifteenth session of the United Nations Conference on Trade and Development (UNCTAD 15), hosted by the Barbados.This year’s edition of the quadrennial conference, organized under the theme “From Inequality and VulnerabilityRead More →
HE Minister of Trade and Industry and Acting Minister of Finance Ali bin Ahmed al-Kuwari participated virtually in the fifteenth session of the United Nations Conference on Trade and Development (UNCTAD 15), hosted by the Barbados.This year’s edition of the quadrennial conference, organized under the theme “From Inequality and VulnerabilityRead More →
HE Minister of Trade and Industry and Acting Minister of Finance Ali bin Ahmed al-Kuwari participated virtually in the fifteenth session of the United Nations Conference on Trade and Development (UNCTAD 15), hosted by the Barbados.This year’s edition of the quadrennial conference, organized under the theme “From Inequality and VulnerabilityRead More →
HE Minister of Trade and Industry and Acting Minister of Finance Ali bin Ahmed al-Kuwari participated virtually in the fifteenth session of the United Nations Conference on Trade and Development (UNCTAD 15), hosted by the Barbados.This year’s edition of the quadrennial conference, organized under the theme “From Inequality and VulnerabilityRead More →
VANCOUVER – BUSINESS – Economic growth and business investment in Canada have weakened, severely weakening the country’s ability to encourage innovation or new business start-ups, according to a new study released by the Fraser Institute, a Canadian think tank independent and non-partisan on public policies. “Canada’s weak economic growth inRead More →
The entire electricity market (and the renewable energy market in particular) is in a major transition marked by constant regulatory changes and dynamically changing market conditions. In this alert, we provide an overview of the regulatory response to the growing difficulties surrounding the integration of renewable energy production capacities, knownRead More →
The entire electricity market (and the renewable energy market in particular) is in a major transition marked by constant regulatory changes and dynamically changing market conditions. In this alert, we provide an overview of the regulatory response to the growing difficulties surrounding the integration of renewable energy production capacities, knownRead More →
MANILA, Philippines – The economy is in a “very fluid” situation due to the emergence of more contagious variants of COVID-19, the National Economic and Development Authority said yesterday, although the chief executive NEDA, Karl Chua, remained optimistic about growth targets. reached this year if the most stringent quarantine measureRead More →
Krista Ross is CEO of the Fredericton Chamber of Commerce Earlier this week, a group of six New Brunswick business organizations announced our political priorities for federal parties and candidates in the upcoming federal election on September 20, 2021. Our alliance includes the Fredericton, Moncton and Saint John Chambers ofRead More →
Reading time: 3 minutes Krista Ross is CEO of the Fredericton Chamber of Commerce Earlier this week, a group of six New Brunswick business organizations announced our political priorities for federal parties and candidates in the upcoming federal election on September 20, 2021. Our alliance includes the Fredericton, Moncton andRead More →
According to Nestlé’s statement on its half-year report, overall organic growth (representing company growth after removing the impact of acquisitions, divestitures and other changes) for the company as a whole was 8 , 1%, with total reported revenue increasing 1.5% year-on-year. -an to CHF 41.8 billion (US $ 46 billion).Read More →
* President launches city university program to create job-creating economic environment Thu. July 15, 2021, 8:51 p.m. SL time, ColomboPage News Desk, Sri Lanka. July 15, Colombo: Keeping another promise of President Gotabaya Rajapaksa’s “Vision for Prosperity†policy statement, City University’s program to establish universities in each district began today.Read More →
AMMAN – The opinions of economists show that if “the same economic approaches continue to be adopted, the economic performance of the Kingdom will only worsen”. Economist Mazen Marji told the Jordan Times on Thursday that the Jordanian economy has suffered a devastating downturn like all other countries amid theRead More →
BY TAURAI MANGUDHLA Delta Corporation, a drinks maker listed on the ZIMBABWE Stock Exchange (ZSE), yesterday added its voice to growing concerns over policy inconsistency and currency volatility in the country, saying they have affected operations during for the year ended March 31, 2021. The beverage producer said the currency’sRead More →
The past year has been difficult. In a time of so much uncertainty and competing priorities, nonprofits have struggled to fundraise effectively while maintaining their vital work. The good news is that many nonprofits have learned to adapt, moving from traditional fundraising events and initiatives to digital and virtual formats,Read More →
Clothing retail giant Truworths-Zimbabwe (Truworths) suffered a significant decline in unit sales in the first half of the fiscal year ended January 2021 due to a deteriorating economic environment characterized by hyperinflation and low disposable income. Units sold during the six-month period were down 23.3% from the previous year andRead More →
National lockdown continues to impact many organizations in South Africa. As a result, some employers have downsized their workforce to help ease the financial strain on their businesses. Earlier this year, StatsSA announced that South Africa’s unemployment rate is now 32.5%, the highest on record since the current measure wasRead More →
A candidate for governor of the Social Democratic Party (SDP) in the 2019 elections in Kogi state, lawyer Natasha Hadiza Akpoti said the current economic environment is not favorable to women. She made the revelation during a speech at the Oyo Women Entrepreneurship Summit (OWES) held on Wednesday in Ibadan.Read More →
The COVID-19 pandemic has transformed the world and has also provided organizations with a great opportunity to innovate and find new growth potential. Catastrophic circumstances such as the present one push humans to the brink, causing them to expand their imaginations. When environmental dynamics change, it creates new opportunities hithertoRead More →
Mr. Price SENSE declaration: During the third quarter (September 27, 2020 to December 26, 2020) of the fiscal year ended April 3, 2021, the group continued its pursuit of market share earnings through its proven fashion value-based, cash-based business model. This was achieved as market share increased by 230 basisRead More →
Charities are expected to foresee an uncertain and difficult economic environment for the foreseeable future, NCVO said. Directory Report on the road ahead 2021 The report, released today, identifies and explains the trends that are shaping the industry and are likely to impact organizations in the future. This year theRead More →
ANI | Update: Jan 09, 2021 2:32 AM STI New Delhi [India]January 9 (NNA): Members of the World Trade Organization (WTO) hailed India’s efforts to improve the business and economic environment since 2015 during the final session of the Seventh Trade Policy Review India (EPC) held on Friday in Geneva,Read More →
In the last article, we began to discuss the necessary conditions on which a Dominica Freedom Party (DFP) government will work to put Dominica on the path to prosperity and shared growth. In this regard, we have started a discussion on the need to create a stable macroeconomic environment. Let’sRead More →
Kent Vital, DFP manager We are on the right track in our discussion of the types of sustainable development policies and strategies that the Dominica Freedom Party (DFP) will pursue if we get the green light to rule this country again. In the last article, we started to discuss policiesRead More →
As the markets continue their journey north into uncharted territory, PRAKASH KACHOLIA, managing director of Emkay Global Financial Services, told Puneet Wadhwa in an interview that investors may get better opportunities in mid and small caps around the world. ‘to come up. Edited excerpts: Are the markets too optimistic aboutRead More →
As the first quarter data fades in the rearview mirror, we continue to expect any better economic numbers to meet the conditions set by the Fed to hike rates: continued improvements in the labor market as well as reasonable confidence that inflation will return to target over the “medium term”.Read More →
Tech company Rohde & Schwarz ends a successful 2019/2020 despite a difficult global economic environment and the impact of the COVID-19 pandemic. Thanks to constant diversification in the fields of communications, information technology and security activities, the company has experienced another successful year of growth. Rohde & Schwarz has thusRead More →
Rental construction is well positioned to weather storm Covid-19, macroeconomic trends boosting investor demand, panel said Property week in the latest RESIcast. The RESIcast series gives you a taste of the topics and issues to be debated during the RESI Congress 2020. You can listen to this podcast via AppleRead More →
Automotive market leader Maruti Suzuki India expects volume recovery seen in recent months to continue thanks to strong growth momentum in rural India and growing preference for personal transport in markets urban. “Good seedlings of kharif crops (up 8% year-on-year), better minimum support prices and fewer cases of Covid-19 (inRead More →
Investments in mutual funds through systematic investment plans (SIPs) fell for the fifth consecutive month to Rs 7,791 crore in August, amid a tough economic environment due to the COVID-19 pandemic. Equity mutual funds, which mainly rely on SIP for flows, recorded a withdrawal of Rs 4,000 crore in August,Read More →
Dublin, September 09, 2020 (GLOBE NEWSWIRE) – The “China Cherry Imports Research Report 2020-2024” report was added to ResearchAndMarkets.com offer. According to the report, in 2019, the domestic cherry production was 1.13 million tons in China, while the import volume of cherries was 193.59 thousand tons, which means import dependenceRead More →
Dublin, September 09, 2020 (GLOBE NEWSWIRE) – The “China Cherry Imports Research Report 2020-2024” report was added to ResearchAndMarkets.com offer. According to the report, in 2019, the domestic cherry production was 1.13 million tons in China, while the import volume of cherries was 193.59 thousand tons, which means import dependenceRead More →
South Africa’s new vehicle market showed signs of further growth in August, in line with the government’s decision to open up the country’s economy last month. Data from the National Association of Automobile Manufacturers of SA (Naamsa) revealed that overall new vehicle sales volumes increased by 1,119 units in JulyRead More →
The company focused on conserving cash during the period when its end markets were rocked by foreclosure restrictions across the world (), the building insulation specialist, has chosen not to restore dividend payments while the outlook for its markets remains very uncertain. The first half of 2020 saw revenue fallRead More →
The Indian High Commission in Namibia hosted an online business webinar on Thursday to promote business and investment opportunities in Namibia. About 100 Indian companies during the virtual business interaction expressed interest in trade and trade ties with Namibia amid the difficult economic conditions prevailing due to the COVID-19 pandemic,Read More →
Mike Regnier The Yorkshire Building Society announced a decline in its pre-tax profit in its half-year results, but said its long-term strategy would allow it to “cope with the difficult economic environment and the impacts of Covid-19”. The company reported pre-tax profit of £ 67.3million for the six months toRead More →
By Omobayo Azeez After months of battling economic headwinds, Opay has finally thrown in the towel by confirming that most of its operations in Nigeria will be suspended. Its business units, including carpooling services, ORide, OCar, as well as its logistics department, OExpress, are affected by the new decision, theRead More →
KUALA LUMPUR (June 9): While the Total Industry Volume (VIT) for the automotive sector is expected to increase following the exemption from sales tax on locally assembled or completely dismantled units and a 50% reduction in sales tax for units imported from units, the projected increase in demand will notRead More →
This article first appeared in The Edge Financial Daily, on April 9, 2020. –A +A MISCELLANEOUS Bhd(April 8, RM7.59)Maintain the sale with an unchanged Target Price (TP) of RM6.20: A weaker economic environment could reveal several risks, which prompt us to reaffirm our “sell†rating on MISC Bhd. We expectRead More →
The economic environment in the aviation sector has deteriorated dramatically and it has become necessary to make tough decisions over the next few days and weeks, IndiGo Chief Flight Operations Officer Ashim Mitra told pilots in an email Thursday morning. With countries partially or fully sealing their borders across theRead More →
DUBLIN, February 24, 2020 / PRNewswire / – The “The banking sector in Nigeria“ report was added to ResearchAndMarkets.com offer. This report on from Nigeria The banking sector covers financial institutions which include banks, other lending, leasing, loyalty and reward programs, as well as central banks. The report includes comprehensiveRead More →
Global worries and weak macroeconomic numbers at home weighed on Indian stock markets during the week. Despite intermittent buying interest, market sentiment remained tilted towards the negative zone. Investors around the world have remained cautious and have been following developments in the coronavirus outbreak closely following Thursday’s surge in theRead More →
Responding to a question on the budget presented by Union Finance Minister Nirmala Sitharaman, International Monetary Fund (IMF) spokesman Gerry Rice said the economic environment in India is weaker than this. that the organization had anticipated earlier. Washington | By Press Trust of India India urgently needs more ambitious structuralRead More →
India urgently needs more ambitious structural and financial reform measures and a medium-term fiscal consolidation strategy amid rising debt levels, the International Monetary Fund said on Thursday (IMF ). Responding to a question on the recent budget presented by Union Finance Minister Nirmala Sitharaman, IMF spokesman Gerry Rice said thereRead More →
As the year draws to a close, 2019 for Pakistan has been an eventful year by any stretch of the imagination. Polarization in society has increased, the institutions that matter in keeping the national governance structure intact seem to be at odds with each other, intolerance, anger and frustration inRead More →
Former Prime Minister Dr Manmohan Singh mentioned the arrival of stagflation in the economy in the article “The source of India’s economic malaise”. He said that only a trustworthy economic environment can revive the economy. Social discontentt Citing the current economic downturn, the former prime minister said that society’s mistrust,Read More →
Afreximbank’s 2019 Trade Finance Seminar and Workshop opened today in Durban, South Africa with Amr Kamel, Executive Vice President in charge of Business Development and Corporate Banking at the Bank African Import-Export (Afreximbank), stating that the bank wanted to ensure that African banks and bankers were well equipped to dealRead More →
DUBAI, October 28, 2019 (WAM) – The Dubai International Financial Center, DIFC, today hosted the launch of the October 2019 report on the International Monetary Fund’s Regional Economic Outlook for the Middle East, South Africa North, Afghanistan and Pakistan. The report shows that the growth impact in the MENAP regionRead More →
ADVANCED MAINTENANCE The Zimbabwe Institute of Chartered Secretaries and Administrators (Icsaz) held its annual conference in Victoria Falls last week under the theme “Chartered Secretaries Influence Economic Success”. At the conference, Icsaz President Letitia Gaga said the economy’s performance was well below expectations. expectations largely caused by the technological developmentsRead More →
Under Prime Minister Narendra Modi’s leadership, India aims to grow into a $ 5,000 billion economy in five years, up from around $ 3 trillion today. Can India succeed, or shall we say, right? The goal may seem ambitious, but is certainly not beyond the indomitable spirit of Indian business!Read More →
According to the latest FNB house price index, the gloomy economic environment continued to weigh on house prices, with the index contracting 3.7% at the end of June 2019, compared to a 2% contraction during the same period last year. The poor performance of the index is the worst performanceRead More →
The diversified Bidvest group on Monday published “credible results” for the fiscal year ended June 2019, in a market characterized by weak economic growth as well as significant commercial and fiscal uncertainty and volatility. Revenue was largely unchanged at R77 billion, while trading profit rose 3.5% to R6.7 billion. Bidvest’sRead More →
Infosys co-founder NR Narayana Murthy said Thursday that India has for the first time in 300 years an economic environment that breeds confidence and optimism about the possibility of eradicating poverty. “For the first time in 300 years, we have an economic environment that breeds confidence that we can effectivelyRead More →
ST. GEORGE – Utah has created more than 45,000 new jobs in the past year and “continues to be a strong economic environment,” according to one of the state’s leading economists. The Utah Department of Workforce Services released its June employment report Friday morning and noted that overall employment inRead More →
India’s financial system remains stable amid improving resilience of the banking sector, although emerging trends in the global economic environment as well as the geopolitical environment pose challenges, according to RBI’s 19th issue of the Financial Stability Report (FSR) Global economic activity continues to face significant headwinds since the secondRead More →
Namibia Breweries Limited (NBL) has maintained its strong market position despite persistent economic challenges and the effect on consumers’ disposable income, according to their recently released financial results for the six-month period ended December 31, 2018. Over the half-year, local volumes are in line with the previous year and exportRead More →
The Namibian Cancer Association (CAN) was forced to introduce a nominal donation structure for patients while receiving treatment at the Acacia Provisional Home. Due to the current economic climate, patients are urged to make a daily donation of Namibian $ 150 starting March 1, but patients who really have noRead More →
Despite a difficult economic and business environment, Hudaco, a supplier of industrial products listed on the JSE, continues to generate cash as its operations generated net cash of Rand 247 million for the six months ended May 31. Speaking Friday during a presentation of the group’s results, the CEO GrahamRead More →
KARACHI: The overall economic environment continues to remain conducive to growth thanks to an accommodating monetary policy, increased development spending and activities related to the China-Pakistan Economic Corridor (CPEC), the Bank of China said on Friday. State of Pakistan (SBP). In its second quarterly report 2016-2017 on the state ofRead More →
Define aims It stands to reason that the pandemic has disrupted all aspects of our normal life. However, in the case of digital, it was not necessarily disrupted, but accelerated. As a business, we had always planned to develop digital as a service, but the pandemic has brought about aRead More →
As Cambodia plays host to a growing number of franchises, including fast food restaurants that have long littered the streets of American cities, some lessons from a recent trip to New York come to mind. More than 10,000 known diseases affect our world and yet there are viable treatments forRead More →