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Immigration Economy
UK October Services PMI Rebounds More Than Expected
Data released on Wednesday (November 4) by economic research firm Markit shows that the rebound in UK services sector activity in October exceeded expectations, signaling an acceleration in economic growth at the start of the fourth quarter, despite business confidence falling to a two-and-a-half-year low.
The Central Bank of the Philippines Expects Inflation to Rise in the Coming Years
The Central Bank of the Philippines stated on Monday (November 2) that it expects the country's inflation rate to rise closer to the target range of 2% to 4% over the next two years, due to the El Niño phenomenon potentially causing prolonged droughts, which would increase food prices and utility rates.
Canadian Seafood Industry Eagerly Tests China's E-commerce Market
The 2nd Canada Seafood Festival officially opened in Qingdao on the evening of November 3rd, featuring dozens of Canadian seafood companies and industry associations. David Murphy, Commercial Minister at the Embassy of Canada to China, noted that since China became Canada's second-largest destination for seafood exports in 2014, many Canadian seafood companies have increasingly prioritized and entered the Chinese market, with a particular focus on collaborations in e-commerce.
RCD Espanyol Acquired by Chinese Enterprise
Rastar Group announced on the evening of November 2 that its wholly-owned subsidiary intends to acquire a 45.1%-56% stake in RCD Espanyol at a price of 78 euros per share, and has committed to acquiring an additional 5% stake retained by the seller at the same price of 78 euros per share within the next 4 years. Upon completion of the equity transaction, the company's wholly-owned subsidiary will inject capital of no more than 45 million euros into RCD Espanyol.
U.S. Corporate Bond Issuance May Reach New Heights
According to The Wall Street Journal, the U.S. bond market is thriving again, reflecting investors' confidence in the resilience of the U.S. economy.
Spain's Economic Acceleration in the Third Quarter
According to media reports, data released by the National Statistics Institute (INE) of Spain on Friday shows that the Spanish economy maintained strong growth in the third quarter, and this year's performance is expected to be the best since 2007.
Greek Parliament Passes Bank Recapitalization Bill
The Greek Parliament passed a bank recapitalization bill on October 31 to complete the bank recapitalization process as soon as possible, creating conditions for the restoration of economic growth.
Hong Kong Business Community Should Gain an In-depth Understanding of the 13th Five-Year Plan and Seek Business Opportunities
Financial Secretary of the Hong Kong SAR Government, John Tsang, stated in a blog post on the 1st that prioritizing innovation in the 13th Five-Year Plan is not an empty political slogan, but carries significant practical meaning.
The number of "social enterprises" in Hong Kong has doubled in seven years
The Secretary for Home Affairs of the Hong Kong Special Administrative Region, Lau Kong-wah, stated on the 1st that social enterprises (SEs) have been steadily developing in Hong Kong. The number of SEs has increased from approximately 260 in 2008 to over 520 currently, achieving a remarkable growth of 100%.
Dong Wenbiao Appears in Singapore, Representing Private Enterprises to "Go Global"
On October 29, Dong Wenbiao, Chairman of the Board of China Minmetals Investment Co., Ltd. (hereinafter referred to as "CMI"), appeared in Singapore to attend the second meeting of the first Global Expert Advisory Committee of CMI. In his opening speech, Dong stated that as a representative of private enterprises going global, CMI's development must achieve a leapfrog in growth by standing on the shoulders of giants.
Singapore Tops the WorldWay-Friendly Economy Ranking for Ten Consecutive Years
According to a report by Singapore's Lianhe Zaobao on October 29, Singapore has been ranked as the most business-friendly economy in the world for the tenth consecutive year, although the gap with New Zealand, which ranks second, has narrowed further.
Philippines Invites President Xi Jinping to Attend APEC Summit
Philippine President Benigno Aquino III stated on the 27th that the country has officially invited Chinese President Xi Jinping to attend the APEC Economic Leaders' Meeting to be held in Manila on November 18th and 19th. President Aquino III expressed his willingness to hold bilateral talks with President Xi during the APEC summit, noting, "Currently, there are no plans for bilateral talks, but we are very open to the possibility."