Business, Finance And Investment News

Hong Kong’s economy expanded by 3.9{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} yr-on-year in actual phrases within the first three quarters of 2017, after rising by 2{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} in 2016. The Authorities has set a aim to double the R&D expenditure as a proportion of GDP from 0.seventy three{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} to 1.5{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed}. To reinforce Hong Kong’s status as a worldwide financial centre, the Authorities seeks to advertise diversified improvement of the financial market. The Philippines is main in putting in renewable vitality developments in the Southeast Asian region and can nonetheless develop the presence of renewable power footprint by focusing on off-grid areas, based on the most recent report of Capgemini, a French multinational professional companies and business consulting firm.

The Mainland-Hong Kong Closer Economic Partnership Association (CEPA) was firstly concluded in 2003. ETF items for PF subscribers by subsequent 12 months doubtless 23 Nov, 2017 09:14 PM ISTThe EPFO is allowed to take a position up to 15{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} of the PF cash in equity via alternate-traded funds — the rest is parked in debt instruments. Demonetisation impact: Weddings getting smaller, payments going digital 25 Nov, 2017 06:45 AM IST​​A yr after demonetisation, the big fats Indian weddings are being changed with more muted and cautious ceremonies with an emphasis on digital transactions.

L&T seeks two more years for Hyderabad Metro 25 Nov, 2017 11:34 AM ISTL&T has sought time till November 2019 for the completion of the project however the Telangana govt agreed to offer further time solely till November next 12 months. In accordance with China’s Customs statistics, Hong Kong is the second largest trading associate of the Chinese mainland after the US, accounting for eight.3{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} of its total trade in 2016.

Know the assorted costs of the National Pension System 25 Nov, 2017 10:32 AM ISTCompared to other investments, expenses in NPS are low, nonetheless don’t merely evaluate funding merchandise on their costs but see whether or not it fits your wants. Govt to float tender for adding 20GW of photo voltaic vitality capability 24 Nov, 2017 10:07 PM ISTIndia can easily obtain 200 GW of renewable power capacity by 2022 as towards the “conservative target” of one hundred seventy five GW, Energy Minister R Okay Singh stated in the present day.

The four pillar economic sectors of Hong Kong are: trading and logistics (22.three{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} of GDP in terms of worth-added in 2015), tourism (5{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed}), monetary providers (17.6{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed}), and professional providers and different producer providers (12.3{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed}). Then again, Hong Kong has become a member of the Asian Infrastructure Investment Bank (AIIB) since June 2017. The Chinese mainland, however, is a number one investor in Hong Kong.