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Tag Archives: business

UAE business ready for huge investment in Poland

business delegation

WARSAW: A United Arab Emirates real estate developer Emaar is ready to carry out “the biggest investment project in the world” in Poland, the firm’s owner Mohamed Alabbar said during a recent visit to the country. Emaar is ready to build a 20-hectare estate with apartments, hotels, a retail complex and road infrastructure in the center of a select Polish ... Read More »

Over 80% Danish business men says govt, not ready to hear us

Belgian business

COPENHAGEN: As politicians amass on the shores of Bornholm for the people’s meeting, or Folkemødet as it is locally called, ostensibly to listen to the people, a new opinion poll carried out by the accountancy firm PwC has found that as many as 8 out of 10 business people think that Danish politicians don’t listen to the business community’s needs. ... Read More »

Uhuru meets 50 top business executives from France

Belgian business

PARIS: President Uhuru Kenyatta held a meeting with a delegation of more than 50 business executives from France who are in Kenya in search of investment opportunities. The representatives of the major French companies including Airbus Helicopters and Alcatel-Lucent, who were led by the Minister of State for Foreign Trade of France, Mr Matthias Fekl, met the President at State ... Read More »

South Africa’s Q2 business confidence eases

business confidance

JOHANNESBURG: South Africa’s quarterly business confidence index continued its decline in the second quarter of 2015 as demand fell following a temporary improvement at the start of the year, a survey showed on Wednesday. The Rand Merchant Bank (RMB) survey, conducted by the Bureau for Economic Research (BER), fell to 43 points in Q2 from 49 in the previous three ... Read More »

Finish Anttonen leads business delegation to Egypt, Algeria from 7-110 June 2015

ANTOM

HELSINKI: Under-Secretary of State for external economic relations Matti Anttonen will visit Egypt from 7 to 10 June 2015 and Algeria from 10 to 12 June 2015, accompanied by representatives of seventeen Finnish companies, according to a press release of the Ministry for Foreign Affairs . The aim of the trade mission is to raise awareness of Finnish companies and ... Read More »

Finish Anttonen leads business delegation to Egypt, Algeria from 7-110 June 2015

ANTOM

HELSINKI: Under-Secretary of State for external economic relations Matti Anttonen will visit Egypt from 7 to 10 June 2015 and Algeria from 10 to 12 June 2015, accompanied by representatives of seventeen Finnish companies, according to a press release of the Ministry for Foreign Affairs . The aim of the trade mission is to raise awareness of Finnish companies and ... Read More »

South African’s Sacci business confidence index plummets 86.9 in April

sacci

CAPE TOWN: Business confidence slumped to a 16-year low in May as exports and vehicle and retail sales fell, while a weak rand made imported commodities more expensive. The South African Chamber of Commerce and Industry’s (Sacci’s) business confidence index (BCI) plummeted to 86.9 last month from 89.9 in April, the chamber said on Wednesday. The low level of 86.9 ... Read More »

Switzerland, Italy Cooperation talks on taxation, finance including cross border issues on 28th May

uk business leadesre

BERN: Swiss and Italian foreign ministers discussed issues of taxation, finance, transport, and including cross-border in 28th May meeting. Didier Burkhalter, head of Switzerland’s Federal Department of Foreign Affairs, received Italian Foreign Minister Paolo Gentiloni for official talks in Bern on May 28. The ministers welcomed the bilateral agreement on finance and taxation signed in February. It amends their double ... Read More »

Hungarian business confidence improves at 24% in Q1 of 2015

business confidance

BUDAPEST: A gauge of SME confidence by the Hungarian Chamber of Commerce and Industryʼs (MKIK) Economy and Business Research Institute (GVI) rose to a record 24 points in April, up from 19 points in January. The index rose on improved expectations, mirrored by better assessments of investment activity, use of capacity, business position and headcount. Production in the last six ... Read More »

EU business sentiment lifts in May

european stocks

BRUSSELS: Eurozone businesses grew more optimistic about their prospects in May, an indication that they may increase investment despite the continued deadlock in negotiations between Greece and its creditors that has raised fresh questions about the coherence of the currency area. Four months after taking power, Greece’s left-wing government has yet to seal an agreement on economic reforms with the ... Read More »

Greece’s 69% Business community believe corruption on rise

greece

ATHENS: According to an Ernst & Young global survey, the pressure for increased revenue and international expansion feeds the growth of fraud and corruption in business. The survey revealed that 69% of respondents (51% average) indicate that the corruption in Greece is extensive, while 67% believe that their business administration’s are under pressure to increase revenue (57% average). Just 15% ... Read More »

Irish retail giant Musgrave sells UK business for €57m

business

DUBLIN: Irish retail giant Musgrave has sold its operations in Britain to a rival firm for €57m, it announced this morning. The Cork-based company’s British business operated the the Budgens and Londis brands, which combined have almost 1,800 stores across the UK. It is being sold on a cash free-debt free basis to UK wholesale giant Booker, and completion of ... Read More »

Polish business environment best in CEE

cee

WARSAW: Poland is the most business-friendly country in the CEE region, a survey among ex-pat managers in the region conducted by Target Executive Research showed. Poland has an active business environment, firms are focused on clients’ needs and corruption is less of a problem than in other CEE countries, surveyed managers said. At the same time, ex-pats note that Polish ... Read More »

Switzerland businessmen beginning to explore potential for trade with Iran

SME BUSINESS

BERN: Switzerland’s business representatives are beginning to explore the potential for trade with Iran, even though doing business with the sanction-hit state remains delicate and the nuclear deal is not yet finalised. An outline agreement to curb Iran’s nuclear programme was reached in Lausanne after marathon talks with six major powers.  The preliminary deal, which should also provide sanctions relief ... Read More »

Turkish business delegation to visit Sri Lanka to explore business opportunities

German business

ANKARA: A Turkish business delegation keen to invest in Sri Lanka will be visiting the island soon to explore business opportunities, the government media unit quoting the Turkish Ambassador to Sri Lanka, Iskender Okyay, said. Okyay has said that Turkish business delegation is keen on the manufacturing sector, tourism, power generation and several other areas. Turkey is looking to boost ... Read More »

Business, MPs to hold meeting in Kadoma to arrest current economic situation

BUSINESS

HARARE: As the economy continues to implode, legislators and business are meeting in Kadoma next week to explore short term interventions needed to arrest the current economic situation characterised by a debilitating liquidity crunch and company closures, businessdigest has learnt. The meeting, which will be held on Wednesday and Thursday next week, comes at a time government has suspended civil ... Read More »

Melaleuca opens for business in Poland

muleca

WARSAW: Melaleuca opened for business in Poland on April 1. Company executives are calling the event another milestone toward Melaleuca’s goal of “enhancing the lives of families around the globe.” “We are eager to share our superior, natural health products with the citizens of Poland,” European General Man­ager Pieter Kiepe said. “Opening Poland enables us to expand our Melaleuca family, ... Read More »

Poland’s internet market grows 7.2% to PLN 2.6bn in 2014

internet

WARSAW: The PwC research for internet business report shows that the Polish ad market grew by 7.2% to PLN 2.6 billion in 2014, and the growth may accelerate to a double-digit pace in 2015, IAB Polska said in a report. “After weaker first six months of 2014, H2 saw a clear rebound, following GDP trends, so we should not be ... Read More »

Electronics firm Sharp seeks Japanese support for LCD spin-off business

lg electronic

TOKYO: Electronics firm Sharp plans to ask Japan’s public-private investment fund to back a spin-off of some of its liquid crystal display business. The Osaka-based maker of Aquos TVs will seek investment from Innovation Network Corp of Japan (INCJ) in a separate subsidiary that will take over its business in smaller LCD panels used in smartphones and tablet computers, a ... Read More »

Australia to sign FTA with India to generate immense business opportunities

executing-mediation-agreement-620x412

CANBEERA: The free trade agreement between India and Australia that is expected to be signed by end of this year may not be the most robust but would create mechanisms to harvest immense business opportunities, the head of a think-tank here said today. “The agreement could be later improved upon and that would signal huge opportunities that exist between the ... Read More »