acceptance as market economy

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SGS Establishes Premium Partnership with Australian Furniture Association

20 December 2017 16:29:16 - Africa News

SGS has accepted the Australian Furniture Association's (AFA) invitation to become a premium partner. This agreement will allow SGS to provide the Australian furniture sector with up-to-date information about overseas markets, and provide preferential rates for testing services using SGS's laboratories. In addition, SGS will participate in future furniture events undertaken by the AFA. The Australian furniture industry is estimated to be worth $27.4 billion. It is a major contributor to both the domestic economy and the Asia-Pacific region, and forecasts show this...

Vice All News Time20 December 2017 16:29:16


China’s Mobile-Payment Solutions Taking Root in US and Europe

24 August 2017 13:32:16 - Asia News

This story was originally published on I was in a taxi in Singapore last week and I couldn't help but notice the sticker affixed to the back of the driver's seat. In English and Chinese it read, 'We accept Alipay.' It was a reminder that e-commerce in China is no longer just about how great brands break into the Chinese market. It's also about an important slice of China's economy coming to you. If you are a brand manager or a retailer, you're increasingly likely to find yourself grappling with the impact of Chinese e-commerce companies in your home market. That's for two reasons: China's leadership in electronic payments and the continued rise in Chinese tourism. The upshot of...

Vice All News Time24 August 2017 13:32:16

ICC Marketing Code reaffirmed as global standard at APEC conference

24 August 2017 08:32:12 - World News

ICC participated in a panel on 'Establishing and Aligning Ad Standards' to discuss the benefits of advertising standards for consumers, regulators and companies. On the occasion of the 80 anniversary of the ICC Code, Ms Martin recalled that the APEC Policy Support Unit report referred to the Consolidated ICC Code of Advertising and Marketing Communications Practice (the ICC Code) as the globally accepted best practice principles and reiterated the Code's role in helping build consumer trust by using high ethical standards and marketing products responsibly. Since the first APEC advertising standards meeting in Hanoi in 2012, APEC economies have sought to promote the adoption and effective...

Vice All News Time24 August 2017 08:32:12

The expansion into foreign markets will be easier

21 July 2017 17:38:21 - Africa News

During the Friday meeting on 14 June, the Senate of the Republic of Poland accepted the draft bill concerning tasks executed within the scope of the promotion of Polish economy by the Polish Investment and Trade Agency. This means the sanctioning of former works of the Agency and the Polish Development Fund over the alteration of the system promoting the expansion of the Polish business. 62 senators voted in favour of the bill, 24 abstained. The purpose of the act is to concentrate the promotional activities of Polish economy, including pro-export and pro-investment...

Vice All News Time21 July 2017 17:38:21

Central bank balance sheets appear close to peaking

12 July 2017 03:09:24 - Asia News

The markets' euphoria over President Trump faded through the first half of the year, as political reality set in. Trump may be looking to 'drain the swamp' but for now his presidency is stuck in a quagmire of policy delay, bureaucratic instability, impeachment threats and a hostile media, leaving his signature economic policies of tax reform and infrastructure building delayed at best. While acceptance of this reality saw many market participants pare or close 'reflation trades' - seeing bonds rally, inflation expectations fall and the USD weaken - for the most part the cyclical improvement of the global economy continued nonetheless. Equities and credit seemed to take their cue from the...

Vice All News Time12 July 2017 03:09:24

17-144MR ASIC accepts enforceable undertaking from Macquarie Bank to address inadequacies within their wholesale FX businesses

19 May 2017 09:54:33 - Asia News

ASIC has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited in relation to the bank's wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned that the bank failed to ensure that its systems and controls were adequate to address risks relating to instances of inappropriate conduct identified by ASIC. ASIC Commissioner Cathie Armour said, 'The wholesale spot foreign exchange market is one the world's largest financial markets and the proper functioning of this market is of vital importance to the Australian economy.' 'ASIC has now accepted undertakings from some of Australia's largest market participants to put in place forward...

Vice All News Time19 May 2017 09:54:33

Emmanuel Macron: EU press relief at French outcome

08 May 2017 15:35:15 - Europe News

German newspapers express a sense of relief that Marine Le Pen's anti-EU programme was defeated. "Europe can breathe again", in the words of the top-selling tabloid Bild. But concerns about the next step are not far from the front pages. Holger Steltzner in the centre-right Frankfurter Allgemeine Zeitung is worried by a recent poll that shows widespread opposition to globalisation in France. He warns that the "Franco-German engine" can only revive Europe through "acceptance of the challenges of globalisation… and more of the market economy, rather than greater redistribution...

Vice All News Time08 May 2017 15:35:15

EBRD wins M&A award for central and eastern Europe

29 March 2017 14:54:29 - Europe News

Bank recognised as 'Investment Bank of the Year' in ceremony in Warsaw In recognition of the EBRD's continuing impact on the economies of central and eastern Europe (CEE) the Bank has been named 'Investment Bank of the Year' in a ceremony in Warsaw after a selection by an independent jury comprising over 30 private equity, venture capital and M&A professionals operating in the region. The EBRD also accepted the 'Cross-border Deal of the Year' award on behalf of all investors for the buyout of Allegro Group, the leading online market platform and the largest non-food online...

Vice All News Time29 March 2017 14:54:29

Wang bears message: End protectionism

16 February 2017 23:59:16 - Europe News

FM urges Germany to back China's acceptance as market economy Beijing sent a strong signal to the European Union to scrap protectionism with Foreign Minister Wang Yi calling on Germany to prompt the EU to redress a lapse in World Trade Organization protocol. Meeting with Wang on Thursday, German Vice-Chancellor and Foreign Minister Sigmar Gabriel said Berlin would help promote talks on the China-EU Bilateral Investment Treaty and welcomed Chinese investment. The meeting on the sidelines of the G20 foreign ministers meeting in...

Vice All News Time16 February 2017 23:59:16

'Hard' Brexit most likely outcome for UK leaving EU, says S&P

11 November 2016 12:11:35

A "hard" Brexit in which Britain loses its free access to the European Union market now looks like the most likely outcome of the country's plan to leave the bloc, ratings agency Standard & Poor's said. Britain will suffer the brunt of the economic impact of Brexit and the effects on the world economy will be more limited, S&P said in its latest update on Britain's economy. S&P cut Britain's top-notch AAA credit rating by two places to AA shortly after the June 23 vote to leave the EU, arguing that the country's capacity for effective and stable policymaking had diminished. On Friday, it said that it appeared that Britain's government had not yet accepted that the EU was unlikely to yield on the indivisibility of its four freedoms - the free movement of people, capital, goods, and services. "Even if Westminster were to acknowledge the EU position, it is hard to fathom how a rather hard Brexit can be avoided unless both sides become much more flexible than they appear today," said S&P chief sovereign credit officer Moritz Kraemer.

Vice All News Time11 November 2016 12:11:35