Monday, November 29, 2010

Deep change in Catalan political landscape

From http://www.catalannewsagency.com/news/politics/catalonia-sends-strong-message-and-changes-political-landscape (in English)

The elections of November 28th, 2010, have produced a deep change in the Catalan political landscape. The coalition of left-wing parties (PSC-PSOE, ERC and ICV-EUiA) that had been in power for the last 7 years was clearly defeated by the centre-right Catalan nationalist coalition CiU. CiU has won 62 seats, 14 more than the left-wing coalition, and has remained only 6 seats below the absolute majority. Artur Mas, leader of CiU, will be the next Catalan President for the next 4 years. The Socialist Party (PSC-PSOE), whose candidate was the current President of Catalonia, José Montilla, had the worst results in history with only 28 seats. Popular Party (PP) was third with 18 seats, whereas Esquerra Republicana de Catalunya (ERC), one of the three parties in the coalition in power, collapsed and lost more than half of its seats, of which could retain only 10. ICV-EUiA, the left-wing Socialist and Green party lost 2 seats and went from 12 to 10. The Anti-Catalan Nationalism Party Ciudadanos maintained its 3 seats, whereas former FC Barcelona president, Joan Laporta, won 4 seats with his new political party, Solidaritat Catalana per la Independència, a party that clearly stands for Catalan independence. Turnout nearly reached 60%.

Catalan restaurants in 2011 Michelin guide

From http://www.catalannewsagency.com/news/life-style/catalan-restaurants-maintain-high-ranking-michelin-guide (in English) and http://www.entremaqueros.com/bitacoras/cocina/2010/11/28/guia-michelin-2011-con-%E2%80%9Cestrellazo%E2%80%9D (in Spanish)

The 2011 edition of the Michelin guide has recently been presented in the basque city of San Sebastián and once more Catalan restaurants have maintained a high ranking, with a total of 57 stars between 46 restaurants. Out of the 7 restaurants with 3 stars, 4 are located in Catalonia (El Bulli in Roses; El racó de can Fabes in Sant Celoni; Sant Pau in Sant Pol de Mar; and El Celler de Can Roca in Girona), whereas the other three are located in the Basque Country. Miramar in Llançà has been awarded with a second Michelin star, the same number as Les Cols in Olot and Lasarte in Barcelona.

Taiwan Business Indicators in October 2010

From http://www.cepd.gov.tw/encontent/m1.aspx?sNo=0014545 (in English)

The Taiwanese Council for Economic Planning and Development has released the information on the economic indicators corresponding to October 2010, which can be found on the link above.

Friday, November 26, 2010

Forecast for Singapore economy

From http://www.earthtimes.org/articles/news/353724,exports-surge-35-october.html and http://www.earthtimes.org/articles/news/354061,economic-growth-slow-year.html (in English)

Despite the huge increase in exports (35%) in October 2010, mainly to European Union countries and to United States, Singapore economy is expected to slow down next year. Estimations of the evolution of GDP in 2011 show a growth of 4-6%, which represents 1/3 of the growth rate of GDP expected for 2010, estimated at 15%.

Thursday, November 25, 2010

Catalan clothing company Desigual in China by 2012

From http://www.expansion.com/2010/11/24/empresas/distribucion/1290635106.html (in Spanish)

Barcelona based clothing company Desigual is aiming at opening stores in China by 2012, as part of the exponential growth that is experiencing in the recent years. Annual sales have went from 8 million euros in 2002 to more than 300 million euros in 2009, with forecasts for 2010 and 2011 of 450 million euros and 675 million euros, respectively. Desigual is planning to establish its base in Shanghai in 2011 in order to be able to open its first store in China in 2012.

Taiwan unemployment rate below 5%

From http://www.chinapost.com.tw/taiwan/national/national-news/2010/11/23/281002/Taiwan-jobless.htm (in English)

After 23 months, Taiwan's unemployment rate has dropped again below 5% thanks to the decrease of 14,000 jobless people in October 2010. After seasonal adjustment, the present unemployment rate in Taiwan is 4.96%, down 0.12% from September 2010 and 1.05% lower than 1 year ago. The worse unemployment rate ever in Taiwan achieved 6.13% in August 2009.

Wednesday, November 24, 2010

Chery investment in Catalonia evaluated

From http://www.catalannewsagency.com/news/business/pedro-nueno-%E2%80%9Cit-makes-all-sense-world-chery-invest-catalonia%E2%80%9D (in English)

In an interview by the Catalan News Agency, Prof. Pedro Nueno has declared that it makes sense for Chery to invest in Catalonia, where there is a long tradition of car production with Seat and Nissan. The important network of suppliers, the links with other high-value sectors, the highly qualified workforce and the proximity of Barcelona port and its infrastructure are some of the strong points that may bring the Chery manufacturing plant to Catalonia in a near future. Prof. Nueno sees this plant as a great opportunity for Catalonia and thinks it will be compatible with the one that Chery will open in Turkey, but warns the politicians to be agile and do not hesitate on the decision-making process.