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GDP

MNB cuts its benchmark interest rate

The National Bank of Hungary (MNB) unexpectedly cut its benchmark interest rate a quarter percentage point. The Monetary Council lowered the two-week deposit rate to 12.25% from 12.5%, the first cut since January 16, 2003. The MNB almost doubled the...

#bank#GDP#inflation

FDI inflow slows in January

The inflow of foreign direct investment (FDI) in Bulgaria for January 2004 totalled US$ 39.5 million (0.2 per cent of…

#GDP#investment


SMEs take advantage of zero import tariff

Malaysian companies, especially small- and medium-sized enterprises (SMEs), have started to take advantage of the zero import tariff on Hong…

#economy#exports#GDP


Financial Secretary expected to present friendly first budget, say...

Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly"…

#bank#banks#Boost


SME confidence on the rise in February

Ecostat's poll of Hungarian SMEs showed that pessimists outnumber optimists with regard to both their own situation (by 38% to…

#economy#exports#GDP


Economy heading towards recovery

The South Korean economy is showing signs of recovery, including strong exports and positive expectations from large businesses, according to…

#bank#exports#GDP


Businessmen's Association of Romania warns on EU joining costs

The Businessmen's Association of Romania (AOAR) warned Romanian companies that they would face very high costs resulting from the country's…

#funding#GDP#liquidity


HSBC revises its Hong Kong GDP growth forecast

George Leung, chief economist, Greater China at The Hongkong and Shanghai Banking Corporation Limited comments: In view of the faster…

#exports#GDP#interest rates


EU Economic Affairs Commissioner fears higher rates

EU Economic Affairs Commissioner Pedro Solbes has warned that the EU's failure to take action against French and German violations…

#GDP#interest rates#management


Parliament approves corporate tax reduction

The Portuguese parliament has approved the government’s Budget Bill for 2004 that slashes corporate taxes amid growing economic instability. The…

#Boost#exports#GDP


Opportunities in China “unprecedented” for SMEs

Government support and rapid economic growth offer "unprecedented" scope for small- and medium- sized enterprises (SMEs) to develop in China,…

#exports#forum#GDP


Economy surged in Q3

The US economy surged in the third quarter, growing even faster than originally thought, according to government data released on…

#conference#GDP#interest rates

Business owners show optimism about economy

Hong Kong business owners have shown a dramatic swing to optimism about the local economy, with the confidence index increasing…

#economic recovery#exports#GDP

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