From http://www.earthtimes.org/articles/news/363911,taiwan-jobless-rate-december.html (in English)
December data showed a new decrease of Taiwan jobless rate until 4.73% year-on-year. 520,000 people are still unemployed, but this number is down by 112,000 workers from the same period in the previous year.
Thursday, January 27, 2011
Impact of chinese population in Spain - article on FT
Finantial Times is publishing an interesting piece on the growing impact of chinese population in Spain, a phenomenon that is simultaneous to the emergence of China as a world superpower. The article can be read on the following link - http://www.ft.com/cms/s/0/cccbd64c-258d-11e0-8258-00144feab49a.html
Wednesday, January 26, 2011
14% of new Spanish companies created in Barcelona province
From http://www.expansion.com/2011/01/25/catalunya/1295943365.html (in Spanish)
The slow recovery of Catalan economy is proven by the fact that 14% of the companies newly created in Spain were from Barcelona province and half of those (7.6%) in the city of Barcelona. Other notable figures are the increase of traffic of goods in both the port of Barcelona (growth of 2.62%) and in El Prat airport (growth of 16.5%) in 2010, and the increase by 14% of the income from touristic activities.
The slow recovery of Catalan economy is proven by the fact that 14% of the companies newly created in Spain were from Barcelona province and half of those (7.6%) in the city of Barcelona. Other notable figures are the increase of traffic of goods in both the port of Barcelona (growth of 2.62%) and in El Prat airport (growth of 16.5%) in 2010, and the increase by 14% of the income from touristic activities.
Tuesday, January 25, 2011
Chinese group Hutchison Whampoa increases participation in TerCat
From http://www.expansion.com/2011/01/16/catalunya/1295204423.html (in Spanish)
Chinese group Hutchison Whampoa Limited has increased its participation in the shipping & logistics company Terminal Catalunya S.A. (TerCat) up to 90% of its shareholding. TerCat holds the concession by the Barcelona Port Authority to operate the Prat pier container terminal, at the port of Barcelona. Through Hutchison Port Holdings (HPH), the world's leading port investor, developer and operator and subsidiary of the multinational conglomerate Hutchison Whampoa Limited, the investment in infrastructure is estimated at 515 million euros. The enlargement of these facilities will allow the management of 5 million containers per year by 2012, as compared to the present number of 2 million containers/year.
Chinese group Hutchison Whampoa Limited has increased its participation in the shipping & logistics company Terminal Catalunya S.A. (TerCat) up to 90% of its shareholding. TerCat holds the concession by the Barcelona Port Authority to operate the Prat pier container terminal, at the port of Barcelona. Through Hutchison Port Holdings (HPH), the world's leading port investor, developer and operator and subsidiary of the multinational conglomerate Hutchison Whampoa Limited, the investment in infrastructure is estimated at 515 million euros. The enlargement of these facilities will allow the management of 5 million containers per year by 2012, as compared to the present number of 2 million containers/year.
Monday, January 24, 2011
Aigua del Montseny enters asian markets
From http://www.expansion.com/2011/01/24/catalunya/1295871196.html (in Spanish)
After starting its distribution in other european countries such as Germany, France, Italy and Andorra, mineral water brand Aigua del Montseny will now enter the asian markets. Its distributor in Spain, Chocolat Factory, will also be responsible for the introduction of this brand in Singapore.
After starting its distribution in other european countries such as Germany, France, Italy and Andorra, mineral water brand Aigua del Montseny will now enter the asian markets. Its distributor in Spain, Chocolat Factory, will also be responsible for the introduction of this brand in Singapore.
Austerity measures in Catalan budget for 2011
From http://www.catalannewsagency.com/news/politics/catalan-government%E2%80%99s-budget-will-be-10-smaller-2011 (in English)
President Artur Mas recently announced the budget for 2011, which has been reduced by 10%. A vast array of austerity measures are needed in order to reduce deficit, which accounted for 7,000 million euros in 2010, 3.6% of Catalonia's annual GDP. Cuts by the Spanish government on funds previously agreed on are worsening the economic situation.
President Artur Mas recently announced the budget for 2011, which has been reduced by 10%. A vast array of austerity measures are needed in order to reduce deficit, which accounted for 7,000 million euros in 2010, 3.6% of Catalonia's annual GDP. Cuts by the Spanish government on funds previously agreed on are worsening the economic situation.
Comparing Spain with East Asian countries
The website www.ifitweremyhome.com allows interesting comparisons between all the countries in the world. Here there are the links of the comparison of Spain with several east asian countries:
- China: http://www.ifitweremyhome.com/compare/CN/ES
- Taiwan: http://www.ifitweremyhome.com/compare/TW/ES
- Hong-Kong: http://www.ifitweremyhome.com/compare/HK/ES
- Singapore: http://www.ifitweremyhome.com/compare/SG/ES
- Malaysia: http://www.ifitweremyhome.com/compare/MY/ES
- Japan: http://www.ifitweremyhome.com/compare/JP/ES
Sunday, January 16, 2011
E-commerce Catalan company Trilogi sets office in Beijing
From http://www.expansion.com/2011/01/11/catalunya/1294782696.html (in Spanish)
E-commerce Catalan company Trilogi has decided to open an office in Beijing during 2011, as a first step towards establishing itself in the Chinese market. Trilogi already has an office in Hong Kong and from both the company is aiming at Indonesia, Singapore and Malaysia markets on the mid-term. The prospects for chinese e-commerce are extremely favourable, since there are estimations that say that by 2015 it will already be the main sales channel in China.
E-commerce Catalan company Trilogi has decided to open an office in Beijing during 2011, as a first step towards establishing itself in the Chinese market. Trilogi already has an office in Hong Kong and from both the company is aiming at Indonesia, Singapore and Malaysia markets on the mid-term. The prospects for chinese e-commerce are extremely favourable, since there are estimations that say that by 2015 it will already be the main sales channel in China.
Saturday, January 15, 2011
Passengers increase in Barcelona airport in 2010
From http://www.catalannewsagency.com/news/business/barcelona-airport-saw-increase-65-passenger-traffic-last-year (in English) and http://www.expansion.com/2011/01/13/catalunya/1294956005.html (in Spanish)
In 2010, the number of passengers at the Barcelona airport increased 6.5% compared to the figures of the previous year, reaching 29.1 million. Of them, 60% were passengers of international flights. This increase represents the second largest in Europe, after Rome's Leonardo da Vinci-Fiumicino airport. Vueling was the leading company, with 7.22 million passengers. Among the companies that will seek an expansion in 2011 it is necessary to mention Spanair, that will start its flight to Sao Paulo on March 28th, 2011, and Emirates, that plans to connect Dubai and Barcelona soon. Turkish Airlines also announced that will operate new flights from Barcelona sometime soon.
In 2010, the number of passengers at the Barcelona airport increased 6.5% compared to the figures of the previous year, reaching 29.1 million. Of them, 60% were passengers of international flights. This increase represents the second largest in Europe, after Rome's Leonardo da Vinci-Fiumicino airport. Vueling was the leading company, with 7.22 million passengers. Among the companies that will seek an expansion in 2011 it is necessary to mention Spanair, that will start its flight to Sao Paulo on March 28th, 2011, and Emirates, that plans to connect Dubai and Barcelona soon. Turkish Airlines also announced that will operate new flights from Barcelona sometime soon.
Friday, January 14, 2011
Catalonia, strategic destination for Hong Kong and Singapore companies
From http://www.acc10.cat/ACC1O/cat/empresa-ACC1O/premsa/noticies-notes-premsa/101201x.jsp (in Catalan)
Some 40 local companies have recently attended the conference "Barcelona-Catalonia, Gateway to Europe", which was organized in Hong Kong and was aimed at promoting Catalonia as a strategic area for company investments. Another conference, "Barcelona-Catalonia, the Logistics Hub in Europe", was organized in Singapore the following day and was aimed at highlighting Catalonia as a main logistic center in southern Europe. The Catalan delegation included top staff from Invest in Catalonia and the municipality of Barcelona. The conference in Singapore was organized in collaboration with Singapore Logistics Association and Singapore Airlines Cargo, who explained the reasons of their investments in Catalonia, and had the participation of representatives of the Maritime and Port Authority of Singapore, currently the most important logistic center in the world.
Some 40 local companies have recently attended the conference "Barcelona-Catalonia, Gateway to Europe", which was organized in Hong Kong and was aimed at promoting Catalonia as a strategic area for company investments. Another conference, "Barcelona-Catalonia, the Logistics Hub in Europe", was organized in Singapore the following day and was aimed at highlighting Catalonia as a main logistic center in southern Europe. The Catalan delegation included top staff from Invest in Catalonia and the municipality of Barcelona. The conference in Singapore was organized in collaboration with Singapore Logistics Association and Singapore Airlines Cargo, who explained the reasons of their investments in Catalonia, and had the participation of representatives of the Maritime and Port Authority of Singapore, currently the most important logistic center in the world.
Catalonia's inflation rate in 2010 reaches 3.0%
From http://www.catalannewsagency.com/news/business/inflation-rate-catalonia-set-3-2010 (in English)
With the increase of 0.7% of the December, 2010 inflation rate in Catalonia has reached 3.0%, the same annual value for overall Spain. This increase in the final month has been caused mostly by the increase of prices of tobacco and fuel.
With the increase of 0.7% of the December, 2010 inflation rate in Catalonia has reached 3.0%, the same annual value for overall Spain. This increase in the final month has been caused mostly by the increase of prices of tobacco and fuel.
Sunday, January 9, 2011
List of Chinese-Spanish agreements
From http://www.icex.es/icex/cda/controller/pageICEX/0,6558,5518394_5519005_6366453_4426995,00.html (in Spanish)
The above website address offers the detailed list of the sixteen agreements in the recent visit of Li Keqiang to Spain, twelve of economic collaboration and four between the governments.
The above website address offers the detailed list of the sixteen agreements in the recent visit of Li Keqiang to Spain, twelve of economic collaboration and four between the governments.
China promises to buy Spanish bonds
From http://www.ft.com/cms/s/0/e6007b9c-18f2-11e0-9c12-00144feab49a.html#axzz1AUBoBAO8 (in Spanish)
Li Keqiang, Chinese deputy premier, has recently visited Spain and promised to buy sovereign bonds to help the eurozone come out of its public debt crisis. During his visit, he met Spanish primer minister, José Luis Rodríguez Zatapero, and King Juan Carlos. Deals include agreements to sell Spanish olive oil, wine and ham, plus a contract to supply air traffic control systems to China, a banking cooperation agreement and an extension of the cooperation between Sinopec and Repsol. China is also seeking the lifting of the EU embargo on arms sales and a better access to European markets.
Li Keqiang, Chinese deputy premier, has recently visited Spain and promised to buy sovereign bonds to help the eurozone come out of its public debt crisis. During his visit, he met Spanish primer minister, José Luis Rodríguez Zatapero, and King Juan Carlos. Deals include agreements to sell Spanish olive oil, wine and ham, plus a contract to supply air traffic control systems to China, a banking cooperation agreement and an extension of the cooperation between Sinopec and Repsol. China is also seeking the lifting of the EU embargo on arms sales and a better access to European markets.
Saturday, January 8, 2011
Deputy mayor of Barcelona visits China for business exchange
From http://www.expansion.com/2011/01/04/catalunya/1294148094.html (in Spanish)
First deputy mayor of the City of Barcelona, Jordi William Carnes, has travelled to China to sign an agreement with the Tongxiang textile industry cluster, near Shanghai, in order to create a logistics centre in the Catalan capital. In this same trip, he will also sign an agreement for the economic collaboration with the municipal government of Wenzhou, and is supposed to have a meeting with the organizers of the Shanghai Motorshow. On return, a delegation of members of the Chinese fashion world is scheduled to visit Barcelona on mid January.
First deputy mayor of the City of Barcelona, Jordi William Carnes, has travelled to China to sign an agreement with the Tongxiang textile industry cluster, near Shanghai, in order to create a logistics centre in the Catalan capital. In this same trip, he will also sign an agreement for the economic collaboration with the municipal government of Wenzhou, and is supposed to have a meeting with the organizers of the Shanghai Motorshow. On return, a delegation of members of the Chinese fashion world is scheduled to visit Barcelona on mid January.
Tuesday, January 4, 2011
China buys Spanish debt
From http://www.earthtimes.org/articles/news/360505,help-eu-overcome-crisis.html (in English)
In the eve of his immediate visit to Spain, Chinese Vice Premier Li Keqiang confirmed that China will continue buying Spanish public debt as a sign of trust on the recovery of its economy. Chinese and Spanish governments expect to reach agreements on the banking and on the renewable energy sectors. At the same time, Spain is favouring that the European Union lifts the arms embargo applied to China after the Tiananmen massacre of 1989.
In the eve of his immediate visit to Spain, Chinese Vice Premier Li Keqiang confirmed that China will continue buying Spanish public debt as a sign of trust on the recovery of its economy. Chinese and Spanish governments expect to reach agreements on the banking and on the renewable energy sectors. At the same time, Spain is favouring that the European Union lifts the arms embargo applied to China after the Tiananmen massacre of 1989.
Monday, January 3, 2011
Official data on Singapore economy in 2010
From http://www.earthtimes.org/articles/news/360335,economy-grows-147-cent.html (in English)
Former estimations have been confirmed and Prime Minister Lee Hsien Loong announced that Singapore economy grew by a record 14.7% in 2010. He also highlighted the measures undertaken to support the low- and medium-income population through public assistance schemes and lower tax rates. Estimations for growth in 2011 range between 4 and 6%.
Former estimations have been confirmed and Prime Minister Lee Hsien Loong announced that Singapore economy grew by a record 14.7% in 2010. He also highlighted the measures undertaken to support the low- and medium-income population through public assistance schemes and lower tax rates. Estimations for growth in 2011 range between 4 and 6%.
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