From http://www.expansion.com/2011/04/11/economia/politica/1302493662.html (in Spanish)
Spanish president José Luis Rodríguez Zapatero is currently visiting China and Singapore in order to support Spanish companies and to attract new investments. He will travel together with Colombian president Juan Manuel Santos and is scheduled to meet Chinese prime minister Wen Jiabao and vice-prime minister Li Keqiang. President Zapatero will explain to Chinese authorities the measures undertaken to recover Spanish economy, since one third of the Spanish debt is now in Chinese hands. He will also attend the signature of business agreements of Spanish companies such as Banco Santander, Indra, Grupo Antolín, Ringo and Gamesa. Later, he will travel to Singapore, where he will meet prime minister Lee Hsieng Loong and his father, Lee Kuan Yew, founder of the country. Finally, he will travel again to China, to the tiny island of Hainan, where he will attend the Boao Forum for Asia, equivalent to the European Davos forum.
Monday, April 11, 2011
Friday, April 8, 2011
Barcelona design company Lagranja opens office in Hong Kong
From http://www.expansion.com/2011/04/07/catalunya/1302160530.html (in Spanish)
Seeking for new challenges that would keep their creativity at a high level, the Barcelona-based design company Lagranja has recently opened an office in Hong-Kong. Founding partners Gabriele Schiavon and Gerard Sanmartí have chosen the former British colony as a new market for the company, after a failed experience in Brazil. In Hong-Kong, Lagranja will soon start to do the interior design of ten suites for the Madera Hotel, commissioned by the Hip Shing Hong Group. Company's sales rose from 230,000 euros in 2009 to near 500,000 euros in 2010, with customers such as Médicos sin Fronteras, Pans & Company and Banc de Sabadell, among others.
Seeking for new challenges that would keep their creativity at a high level, the Barcelona-based design company Lagranja has recently opened an office in Hong-Kong. Founding partners Gabriele Schiavon and Gerard Sanmartí have chosen the former British colony as a new market for the company, after a failed experience in Brazil. In Hong-Kong, Lagranja will soon start to do the interior design of ten suites for the Madera Hotel, commissioned by the Hip Shing Hong Group. Company's sales rose from 230,000 euros in 2009 to near 500,000 euros in 2010, with customers such as Médicos sin Fronteras, Pans & Company and Banc de Sabadell, among others.
[caption id="" align="aligncenter" width="412" caption="Lagranja new offices at Poble Nou, Barcelona (image from http://www.lagranjadesign.com)"]
Catalan president Artur Mas aims at internationalizing economy
From http://www.expansion.com/2011/04/07/catalunya/1302192612.html (in Spanish)
Catalan president Artur Mas has stated that Catalan economy should aim at having a greater internationalization through the increase in exports. He has also declared that, similarly to what happens with the largest Spanish companies that make up the IBEX-35, Catalan economy shall seek to have larger revenues from international exports rather than from the internal Spanish market.
Catalan president Artur Mas has stated that Catalan economy should aim at having a greater internationalization through the increase in exports. He has also declared that, similarly to what happens with the largest Spanish companies that make up the IBEX-35, Catalan economy shall seek to have larger revenues from international exports rather than from the internal Spanish market.
Thursday, April 7, 2011
Interest rates raised in China to reduce inflation
From http://www.ft.com/cms/s/0/56a2c938-5f78-11e0-bd1b-00144feab49a.html (in English)
Chinese Central Bank raised interest rates four times in the last five months in order to tackle inflation. Deposit rate was increased to 3.25%, whereas the lending rate went up to 6.31%. At the same time, consumer price inflation in China increased to 4.9% in February, but March values are expected to be higher. They have probably been the reason for this somewhat unexpected increase.
Chinese Central Bank raised interest rates four times in the last five months in order to tackle inflation. Deposit rate was increased to 3.25%, whereas the lending rate went up to 6.31%. At the same time, consumer price inflation in China increased to 4.9% in February, but March values are expected to be higher. They have probably been the reason for this somewhat unexpected increase.
Wednesday, April 6, 2011
Taiwan Business Indicators in February 2011
From http://www.cepd.gov.tw/encontent/m1.aspx?sNo=0015053 (in English)
The Taiwanese Council for Economic Planning and Development has released the information on the economic indicators corresponding to February 2011, which can be found on the link above. These indicators kept on showing an steady growth on Taiwan economy.
The Taiwanese Council for Economic Planning and Development has released the information on the economic indicators corresponding to February 2011, which can be found on the link above. These indicators kept on showing an steady growth on Taiwan economy.
Tuesday, April 5, 2011
Economist Kenneth Rogoff sees a rich Catalonia
From http://www.capital.es/2011/04/04/kenneth-rogoff-%E2%80%9Csi-espana-quiebra-podria-caer-hasta-francia%E2%80%9D/ (in Spanish)
Kenneth Rogoff, who served as an economist at the International Monetary Fund and at the Board of Governors of the US Federal Reserve System, was interviewed by the Spanish magazine Capital, where he has declared that "Catalonia, isolated, would be one of the richest countries in the world". Rogoff visited Spain to promote the Spanish translation of his book "This time is different: Eight centuries of finantial folly" and he also declared that if Spain becomes broke, even France might fall.
Kenneth Rogoff, who served as an economist at the International Monetary Fund and at the Board of Governors of the US Federal Reserve System, was interviewed by the Spanish magazine Capital, where he has declared that "Catalonia, isolated, would be one of the richest countries in the world". Rogoff visited Spain to promote the Spanish translation of his book "This time is different: Eight centuries of finantial folly" and he also declared that if Spain becomes broke, even France might fall.
Unemployment still on the rise in Catalonia and the rest of Spain
From http://www.expansion.com/2011/04/04/catalunya/1301910595.html and http://www.expansion.com/2011/04/04/economia/1301900769.html (in Spanish)
Job destruction is still on the rise both in Catalonia and the rest of Spain. March figures have shown another increase in unemployment rate, which accounted for 1.44% in Catalonia and 0.80% in Spain. Total number of unemployed people in Catalonia has reached 611,269 people and 4.333.669 people in overall Spain.
Job destruction is still on the rise both in Catalonia and the rest of Spain. March figures have shown another increase in unemployment rate, which accounted for 1.44% in Catalonia and 0.80% in Spain. Total number of unemployed people in Catalonia has reached 611,269 people and 4.333.669 people in overall Spain.
Subscribe to:
Posts (Atom)