Tags
Immigration Economy
Ping An of China Enters the US Logistics Real Estate Market for the First Time
: Ping An of China recently announced a partnership with the US-based Blumberg Investment Partners (“BIP”). The two parties will invest in long-term, high-quality leased assets in the United States.
General Electric to Invest $1 Billion in Indonesia's Oil and Gas Sector
According to overseas media reports on October 27, General Electric (GE) announced on the 26th during a meeting between Indonesian President Joko Widodo and U.S. President Barack Obama in the United States that the company will invest $1 billion in the oil and gas sector of this Southeast Asian country.
"London-Hong Kong Connect" May Make Hong Kong a Futures Trading Center
According to media reports, Charles Li, the Chief Executive of Hong Kong Exchanges and Clearing Limited (HKEX), recently stated that he is studying the launch of the "London-Hong Kong Connect" as a significant part of Hong Kong's connectivity. He hopes that the "London-Hong Kong Connect" will ultimately enable Hong Kong to become a futures trading center.
Hong Kong May Include ETF Products in the Shanghai-Hong Kong Stock Connect
Regarding the development status of Exchange-Traded Funds (ETFs) on the Hong Kong Stock Exchange, the Hong Kong Financial Development Council, in its latest report, calls for Hong Kong to promote the development of the ETF business through various measures, including incorporating ETFs into the Shanghai-Hong Kong Stock Connect and mutual recognition of funds, as well as expanding product varieties and simplifying product approval processes through cross-border listings, to help Hong Kong regain its leadership position in the ETF market in the Asia-Pacific region.
Singapore to Open Natural Gas Market
Singapore plans to establish a domestic natural gas trading market to support its goal of becoming a liquefied natural gas (LNG) trading hub and to seize the opportunities presented by the rise of LNG in the Asian energy market.
The Philippines and the European Free Trade Association to Launch Fourth Round of Negotiations
According to Philippine media reports on October 26, the fourth round of negotiations between the Philippines and the European Free Trade Association (EFTA) regarding a free trade agreement will be held in Geneva from November 24 to 27. Officials from the Philippine Department of Trade and Industry stated that the Philippines hopes to gain greater market access in the EFTA service and agricultural sectors.
Philippines May Drive Growth in Global Rice Trade
According to reports from Philippine media on October 20, the Food and Agriculture Organization (FAO) of the Philippines stated that the WorldWay volume of milled rice is likely to rise in 2016, partly due to a further increase in Philippine rice imports. This forecast is based on the continued downward trend in global rice prices. The National Economic and Development Authority (NEDA) of the Philippines had previously stated that the country would import 1.5 million tons of rice in 2016.
The UK Must Seize the Opportunities of China's New Silk Road
An article in The Daily Telegraph on October 25 states that last week's grand and spectacular state visit by Xi Jinping has brought Sino-British relations to the center stage. After efforts to build economic, strategic, and cultural relations, what is the next step in developing economic relations? The answer is the Belt and Road Initiative, which opens new business opportunities for the UK.
Bank of Canada Maintains Interest Rate
The central bank of Canada, the Bank of Canada, announced on the 21st that it would keep the benchmark interest rate unchanged at 0.5% and lowered its economic growth forecast for the future.
Chinese Investment in Ireland Shows Upward Trend
Richard Bruton, Ireland's Minister for Jobs, Enterprise and Innovation, led an Irish business delegation to visit the four cities of Beijing, Shanghai, Shenzhen, and Hong Kong from the 14th to the 18th. On the afternoon of the 14th, he hosted the 'Invest in Ireland' forum, spearheaded by the National Development and Reform Commission.
Choosing Hong Kong Insurance for Wealth Succession
Spain's Unemployment Rate Drops to a Four-Year Low in Q3
On Thursday, the Spanish Statistical Office released data indicating that in the third quarter of this year, Spain's unemployment rate fell to 21.2%, the lowest level in the past four years. This decline is primarily attributed to strong job creation in the country, which has also increased the likelihood of the current Prime Minister Mariano Rajoy being reelected in two months.