Fin24 Business & Finance Information

Hong Kong’s economic system expanded by 3.9{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} yr-on-yr in real phrases in the first three quarters of 2017, after rising by 2{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} in 2016. In the meantime, Hong Kong’s shopper prices rose 1.4{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} year-on-yr in January-September 2017, after growing by 2.4{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} in 2016. Tampa Bay business news is featured on the Business channel of the Tampa Bay Instances. In response to the UNCTAD World Investment Report 2017, international FDI inflows to Hong Kong amounted to US$108 billion in 2016, ranked fourth globally, behind solely the Chinese language mainland (US$134 billion) in Asia.

India Inc feels doing enterprise in India getting easier but land a difficulty 24 Nov, 2017 08:33 PM ISTSpeaking on the challenges the industries are dealing with now, RP Sanjiv Goenka Group Chairman described land issue as one of many main constraints for giant tasks. Based on the HKSAR Census and Statistics Division, the inventory of Hong Kong’s inward investment from the Chinese mainland amounted to US$419 billion at market value or 26.5{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} of the total at the end of 2015.

Thereafter, the two sides broadened and enriched the content material of CEPA, and signed ten Dietary supplements between 2004 and 2013, increasing market liberalisation and additional facilitating trade and investment for the economic co-operation of the 2 places. Within the newest spherical of evaluation in November 2017, the Authorities revised its forecast of Hong Kong’s shopper value inflation slightly right down to 1.7{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} for 2017 as an entire, from 1.8{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} in the August spherical.

IT, ITeS firms jittery over Rs 10,000 crore tax demand 23 Nov, 2017 09:33 AM ISTI-T dept has instructed cos to return export benefits claimed in final 5 yrs on software program provided to overseas purchasers, and has sought 15{544ba6c285613750d45ccce84869016d8f35710d77900325f0ed9058659c54ed} additional service tax together with fines. Jio stories constructive AGR of Rs four,270 crore for the primary time in September quarter 25 Nov, 2017 12:38 AM ISTJio’s positive AGR drove up total telecom industry income by 8.6 per cent to Rs 30,000 crore sequentially within the second quarter after three successive quarters of declines.

Hong Kong is a highly engaging market for foreign direct funding (FDI). RMB deposits in Hong Kong, excluding RMB certificates of deposits, totalled RMB628 billion as of November 2016, more than tenfold the level seen in July 2009. PM Narendra Modi to inaugurate Hyderabad Metro on November 28 25 Nov, 2017 07:23 PM ISTUrban Improvement Minister K T Rama Rao mentioned on Saturday that the formal inauguration will take place at 2.15 p.m on Tuesday.