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Immigration Economy
The Government of Dominica Focuses on Agriculture and Tourism
On July 18, 2015, Dominica's media reported that the Government of Dominica will submit the 2015/2016 budget report to Parliament on the 24th. Prime Minister Skerrit stated that the focus will be on agriculture, tourism, and employment, and the government will continue to support livelihood projects.
Latvian Government to Break Up National Natural Gas Monopoly
The Latvian government has recently finalized a plan to break up the national natural gas monopoly, Latvijas Gaze, with completion expected by the end of 2017.
Portugal Introduces New Crowdfunding Legislation
Keeping pace with the development of the crowdfunding industry, Portugal has recently introduced relevant new regulations. This Portuguese legislation is equivalent to the JOBS Act in the United States. The newly introduced regulations define all crowdfunding activities (reward-based, loan-based, donation-based, and equity-based crowdfunding) and provide specific provisions for each type of activity.
Philippines' Globe Wins LTE Asia Award
On October 6, 2015, the 10th LTE Asia Summit was held in Singapore. Philippine mobile operator Globe won the "Most Significant Development of a Commercial LTE Network" award for its tremendous success in LTE network construction and operation.
Latvian Chocolate Manufacturer Plans to Expand into Asian Market
Zemants, Chairman of the Latvian truffle chocolate manufacturer "Pure Chocolate," stated in an interview with the agency that the company increased its export ratio in 2015, with nearly half of its products being sold abroad. The company plans to export its products to mainland China in late November, followed by the markets in Japan and Hong Kong, where it already has established partners, while also planning to enter retail chains in Singapore and Malaysia...
Singapore Adult Wealth Ranks First in Asia
According to Credit Suisse's latest "Global Wealth Report," the total wealth of Singaporean households increased by 1.8% over the past year, reaching USD 1.1 trillion. The median adult wealth reached USD 98,900, ranking seventh globally.
UK unemployment hits lowest level since mid-2008
According to CNBC, the UK labor market has continued to recover since this summer, with the unemployment rate falling to its lowest level since mid-2008, indicating that the job market is resisting the adverse effects of the global economy.
Apple Pay to Launch in the Canadian Market
Last year, Apple Inc. launched the NFC-based mobile payment system Apple Pay in the U.S. market with great ambition, and a year later, Apple Pay has gradually gained popularity. Reports have indicated that Apple Inc. may launch Apple Pay in the Canadian market this November.
New Irish Fiscal Year Budget Emphasizes Tax Cuts and Increased Benefits
On the 13th, the Irish government submitted its 2016 fiscal year budget to Parliament, announcing new policies such as tax reductions and increased benefits to promote the country's continued economic recovery and growth momentum.
Spain Immigration: Netflix Will Officially Enter the Spanish Market
When it comes to the renowned online television channel Netflix, many users who follow American dramas are likely very familiar with it. This well-known internet video company is the broadcaster of the famous series "House of Cards," which is recognized by many.
Greece: IT Companies as a Gateway to Europe
Petros Triantafyllidis, Deputy Secretary General for International Economic Relations at the Ministry of Foreign Affairs of the Hellenic Republic, introduced that from traditional shipping to emerging IT industries, Shenzhen enterprises have a wide range of cooperation in Greece.
Cyprus Receives €130 Million from the EU to Promote Employment
According to Cypriot media reports, the Minister of Labor, Zeta Emilianidou, stated that the European Union will grant Cyprus €130 million from the EU Social Fund to finance employment programs aimed at reducing youth unemployment and long-term unemployment in 2016. The Minister also indicated that Cyprus will create 13,000 new jobs over the next ten years, primarily in the energy and service sectors, such as casinos and luxury hotels.