Business & Economy

Halal Expo highlights wealth of opportunities in sector

The 9th Halal Expo Dubai concluded on a successful note with a majority of the 100 exhibiting companies reporting brisk business with local and international traders, who were among the 4,000 visitors at the two-day business-to-business event. “The expo provides a great opportunity to showcase and promote halal products across the world and I am glad this is happening in ...

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Laramie’s broadband infrastructure rates above state average, but not nation’s | Newsletter Am

Laramie’s efforts to become Wyoming’s tech capitol could be hampered by insufficient broadband infrastructure, but for now, the city’s internet provider market is adequate, a Tech Talk Laramie representative said. “I think our current broadband infrastructure is conducive to our business economy today,” Tech Talk Laramie Board President Fred Schmechel said. “But I worry about our future and where it’s ...

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OECD revises up Japan’s 2018 growth forecast to 1.2 percent

PARIS – The Organisation for Economic Co-operation and Development said Wednesday that it projects Japan will see real economic growth of 1.2 percent for 2018, up 0.2 percentage point from its previous forecast in June. The OECD’s latest Interim Economic Outlook report also said Japan’s real gross domestic product is seen rising 1.6 percent in 2017, up 0.2 point from ...

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Indian investments into GCC touching USD 3 billion: report

India’s share of total investments into the six-member Gulf Cooperation Council (GCC) has risen from 4.7 percent in 2011 to 16.2 percent in 2016, according to a research report. The GCC investments into India also continued to rise from 0.7 percent in 2011 to 2.95 percent in 2016, the ‘GCC-India Corridor – Investment Opportunities and Challenges’ report said. The GCC ...

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Laramie’s broadband infrastructure rates above state average, but not nation’s | Business

Laramie’s efforts to become Wyoming’s tech capitol could be hampered by insufficient broadband infrastructure, but for now, the city’s internet provider market is adequate, a Tech Talk Laramie representative said. “I think our current broadband infrastructure is conducive to our business economy today,” Tech Talk Laramie Board President Fred Schmechel said. “But I worry about our future and where it’s ...

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Government ‘misses out’ on extra €7bn in fiscal space

Ireland has missed out on an additional €7 billion in fiscal space by failing to apply the EU’s fiscal rules, Ibec’s Fergal O’Brien has said claimed. Mr O’Brien told the Irish Times/PwC Tax Summit that by excluding the 26 per cent jump in gross domestic product (GDP) in 2015, the Government had limited future spending opportunities at a time of ...

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UK retail sales surge in August, raises chance of interest rate hike

LONDON: British retail sales unexpectedly surged in August, official figures showed on Wednesday, boosting the chance that the Bank of England will raise interest rates in November.Last week the BoE said it was likely to raise interest rates in the coming months if the economy and inflation pressures strengthen as expected.Wednesday’s official data showed a sharp pick-up in monthly sales ...

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NECA faults NBS 2.19% growth, says economy still in recession

File Photo The Nigerian Employers Consultative Association (NECA) has faulted recent report by the National Bureau of Statistics (NBS) that Nigeria had exited recession, saying the economy was still in the woods. Speaking in Lagos recently, its President, Larry Ettah, said major policy responses must be considered to ensure robust and sustainable growth, as well as effective implementation of the ...

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Asia firms’ confidence slips on geo-political tensions

MUMBAI: Business confidence among Asian companies fell for the first time in three quarters in July-September as escalating geo-political tensions outweighed an improved performance by most economies in the region, a Thomson Reuters/INSEAD survey showed.The Thomson Reuters/INSEAD Asian Business Sentiment Index, representing the six-month outlook of 86 firms, slipped to 69 for the September quarter from 74 three months before. ...

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Economy to rebound in Oct-Mar: CII

By: ENS Economic Bureau | New Delhi | Published:September 20, 2017 3:59 am CII also called on the government to look at special initiatives to promote exports. Looking forward to a recovery in the economy in the second half of the fiscal, industry body Confederation of Indian Industry (CII) on Tuesday said that in many sectors, including automobiles, production and ...

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