Archive for November, 2007

Eastern Europe now more business-friendly than East Asia

EFIC, the Australian Government’s export credit agency, reports in its latest World Risk Developments bulletin that aggressive reform has placed Eastern Europe ahead of East Asia for the first time in the World Bank’s ratings of countries for ease of doing business.

Continue Reading Add comment November 29th, 2007

Signed Agreement between National Bank of Georgia and the BRS Agency of Turkey, on Cooperation in the area of Banking Supervision.

Agreement between the National Bank of Georgia and Banking Regulation and Supervision Agency of Turkey on Cooperation in the area of Banking Supervision has been signed.

Continue Reading Add comment November 29th, 2007

Estonia Inflation rate will slow already in the next year

Deputy Governor of Eesti Pank Märten Ross made a presentation at the seminar “How does the cooling economic climate affect enterprises’ business activity in 2008?” organised by the Estonian Trade Council, where he provided an overview of the current economic situation and near-term developments.

Continue Reading Add comment November 29th, 2007

Signing of a Memorandum of Understanding between the Estonian Financial Supervision Authority and the Central Bank of Cyprus

The Estonian Financial Supervision Authority and the Central Bank of Cyprus, expressing their mutual interest and willingness in establishing and promoting bilateral ties in the domain of supervision of credit institutions, recently signed a Memorandum of Understanding.

Continue Reading Add comment November 29th, 2007

CBB Licence for HDFC Bank of India

The Central Bank of Bahrain (CBB) has granted a licence to India’s second largest private sector lender, HDFC Bank, to establish a wholesale banking branch operation in Bahrain.

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Jersey trust company enters Chinese market

Jersey based Centurion Trust Group has entered into an alliance with one of the leading private partnership law firms in China to take advantage of business opportunities created by the country’s booming economy

Continue Reading Add comment November 21st, 2007

Caribbean property for £1000?

According to Chris Sawyer, Caribbean property expert at GEM Estates, “some clever financing” makes the scenario not just a property pantomime but a possibility – that’s if the property markets in question are as easy to predict as GEM Estates believe.

Continue Reading Add comment November 21st, 2007

China property market looking bullish

China has the fastest growing economy in the world, with GDP growth at 9.00 per annum over the past 21 years.

Continue Reading Add comment November 21st, 2007

200 million raised by Kotak Global realty fund

In its first closure, Kotak India Real Estate International fund has raised $ 200 million. Investors from the US, Europe and Japan have put in money, betting on the booming Indian Realty Market.

Continue Reading Add comment November 21st, 2007

Ambitious plan to help boost nation’s job prospects

A major investment programme for the skills and learning of the country was unveiled by the Government today.

Continue Reading Add comment November 21st, 2007

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