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Austin Business Information & Articles

Hong Kong’s economy expanded by three.9% year-on-12 months in actual terms in the first three quarters of 2017, after growing by 2% in 2016. Connecting choice makers to a dynamic network of knowledge, people and ideas, Bloomberg rapidly and precisely delivers enterprise and financial info, news and perception all over the world. Indian oil firms to explore Israeli block for first time 28 Dec, 2017 10:forty nine AM ISTIsrael, with its major gasoline reserves, has emerged as a greener pasture for the Indian oil corporations as Iran plays truant on Farzad-B gasoline area.

Ms Lam emphasised the Government’s position as a facilitator” and a promoter” and the opportunities introduced by the Belt and Street Initiative and the Guangdong-Hong Kong-Macao Bay Area (Bay Space). Mainland commercial banks including Bank of Beijing, Bank of Dongguan, China Bohai Financial institution, China Guangfa Bank, Hua Xia Financial institution and Ping An Financial institution have representative offices in Hong Kong.

Since the introduction of the Pilot RMB Commerce Settlement Scheme by the Central Authorities in July 2009, Hong Kong has succeeded in expanding its RMB enterprise by providing quite a lot of RMB-denominated monetary products and services, including trade finance, stocks, bonds and funds. As …


Economic And Trade Information On Hong Kong

Hong Kong’s economic system expanded by 3.9% year-on-yr in real phrases in the first three quarters of 2017, after rising by 2% in 2016. Hong Kong is the most important source of abroad direct funding in the Chinese mainland. Hong Kong is a founding member of the World Commerce Group (WTO) and has been taking part actively in its activities. At present, all merchandise of Hong Kong origin, aside from a number of prohibited articles, can be imported into the mainland tariff free under CEPA.

Jio to buy RCom assets, inks pact 28 Dec, 2017 06:21 PM ISTAnil Ambani led Reliance Communications said that it’s going to utilise the proceeds of the monetisation of this cash deal solely for pre-payment of debt to its lenders. The Government has set a aim to double the R&D expenditure as a percentage of GDP from zero.seventy three% to 1.5%. To bolster Hong Kong’s standing as a world monetary centre, the Government seeks to promote diversified development of the financial market.

Hong Kong is a extremely engaging marketplace for overseas direct funding (FDI). In the meantime, the Hong Kong part of the Guangzhou-Shenzhen-Hong Kong Specific Rail Link (XRL) might be 26-km long, operating from …


The Enterprise Occasions

Connecting choice makers to a dynamic network of information, folks and concepts, Bloomberg quickly and precisely delivers enterprise and financial data, news and perception around the globe. In the latest round of evaluate in November 2017, the Authorities revised its forecast of Hong Kong’s consumer value inflation barely right down to 1.7% for 2017 as a whole, from 1.eight% in the August spherical. After UN vote, India readies pink carpet for Israeli PM Benjamin Netanyahu 28 Dec, 2017 09:12 AM ISTLike Modi, Netanyahu will make this a stand-alone go to.

It supplies business information articles on the Florida financial system, Tampa Bay business and market news. Large lenders together with the Financial institution of China, Industrial and Commercial Financial institution of China, Agricultural Financial institution of China and China Construction Bank have opened their department operations in Hong Kong. As of December 2016, 1,002 mainland corporations had been listed in Hong Kong, comprising H-share, crimson-chip and private companies with total market capitalisation of round US$2 trillion, or 63% of the market whole.

EPF, PPF interest rate hole widens to one zero five foundation points: Self-employed class disadvantaged 28 Dec, 2017 05:09 PM ISTEven if the EPF fee is reduce, the …


Malaysia Business & Finance Information, Stock Updates

Connecting decision makers to a dynamic community of data, folks and concepts, Bloomberg rapidly and precisely delivers business and financial info, information and perception around the globe. The Mainland-Hong Kong Closer Financial Partnership Arrangement (CEPA) was firstly concluded in 2003. In December 2014, the Agreement between the Mainland and Hong Kong on Reaching Primary Liberalisation of Commerce in Companies in Guangdong (Guangdong Agreement) was signed below the framework of CEPA, enabling early realisation of fundamental liberalisation of commerce in providers with Hong Kong in Guangdong.

In the newest round of review in November 2017, the Government revised its forecast of Hong Kong’s shopper worth inflation barely down to 1.7% for 2017 as a complete, from 1.eight% within the August spherical. After UN vote, India readies pink carpet for Israeli PM Benjamin Netanyahu 28 Dec, 2017 09:12 AM ISTLike Modi, Netanyahu will make this a stand-alone go to.

More importantly, it’s going to change into a part of the sixteen,000 km national high-velocity rail network now being developed in full steam, fostering nearer economic ties between Hong Kong and the mainland. Electrical cars will usher in a courageous new world in India in 2018 28 Dec, 2017 09:59 AM ISTIt will …


Breaking Information And Headlines From Sydney And News South Wales

Connecting determination makers to a dynamic network of data, individuals and ideas, Bloomberg rapidly and accurately delivers enterprise and financial info, news and perception world wide. In 2016, 27.6% of Hong Kong’s complete exports to the Chinese mainland were related to outward processing activities; the figures had been eleven.2% for domestic exports and 27.7% for re-exports. Cumulative utilised capital influx from Hong Kong amounted to US$913.7 billion, accounting for fifty one.eight% of the national total. In December 2016, Shenzhen-Hong Kong Stock Connect, with comparable programme ideas and design, was launch to further facilitate two-method funding flows and consolidate Hong Kong’s development as the worldwide offshore RMB business hub.

In response to an enhancing world commerce environment, Hong Kong’s export efficiency has been above par to this point since 2017. By the tip of 2016, among all the overseas-funded initiatives authorised in the Chinese Mainland, forty four.7% were tied to Hong Kong pursuits. Because the debut of the scheme, banks in Hong Kong had handled RMB commerce settlement totalling RMB21 trillion as of October 2015, which represented some 70% of the world’s total.

Since 1993, mainland firms have raised more than US$500 billion by way of inventory offerings in Hong Kong. …