Tag: economy

Tsinandali Festival a wonderful shop window for Georgia

Tsinandali Festival a wonderful shop window for Georgia

| September 10, 2019

Former soviet bloc country Georgia has a unique heritage which is now being used to enrich its modern appeal. Georgian wine is known for its excellence the world over, and it is believed that viniculture originated in what is now Georgia in pre-Roman times. Tsinandali is a fine wine producing estate which dates back to […]

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Open markets and a level playing field essential to reach next #DigitalAge

Open markets and a level playing field essential to reach next #DigitalAge

| August 12, 2019

Until recently few people outside the business of building and operating telecommunications networks had heard of Huawei. That changed when we launched a line of smart phones and then tablets and consumer devices that have taken us to the very top of the consumer electronics industry, writes Simon Lacey. But before we became a consumer […]

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Raising the bar – Positive trends are shaping Europe’s sweetest industry

Raising the bar – Positive trends are shaping Europe’s sweetest industry

| August 1, 2019

Good news for Europe’s chocoholics: their favourite industry is growing. The size of the European chocolate sector is projected to reach $57 billion by the middle of the next decade. This represents a major chunk of the world’s $162 billion total. It even dwarfs the US market, which is expected to surpass $22 billion in […]

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#Huawei – Stay the course: Creating value for customers

#Huawei – Stay the course: Creating value for customers

| July 30, 2019

Speech by Huawei Chairman Liang Hua at Huawei’s H1 2019 Business Results Press Conference. “Ladies and gentlemen, good afternoon and welcome. “As you all know, over the past six months Huawei has been under immense pressure from the US government. Since the beginning of the year, more than 2,600 media representatives from around the world […]

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#Huawei announces H1 2019 revenue: 23.2% year on year growth

#Huawei announces H1 2019 revenue: 23.2% year on year growth

| July 30, 2019

Huawei announced its business results for the first half of 2019: CNY401.3 billion in revenue, a 23.2% increase over the same period last year. The company’s net profit margin for H1 2019 was 8.7%.[1] According to Huawei’s Chairman, Liang Hua, operations are smooth and the organization is as sound as ever. With effective management and […]

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International organizations must co-operate more closely in promotion of global #DigitalEconomy

International organizations must co-operate more closely in promotion of global #DigitalEconomy

| July 24, 2019

The Commonwealth Telecommunications Organization (CTO) today (24 July) organized a forum in London that has brought together twenty different international and regional organizations to discuss best practices to promote the development of the global digital economy. Sharvada Sharma is the chairman of the Commonwealth Telecommunications Organization (CTO). He said: “This forum is an opportunity to […]

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#ECForecast – ‘Growth clouded by external factors’ Summer 2019 Economic Forecast

#ECForecast – ‘Growth clouded by external factors’ Summer 2019 Economic Forecast

| July 10, 2019

The European economy continues to be clouded by external factors including global trade tensions and geopolitical uncertainty. The manufacturing sector, which is the most exposed to international trade, is projected to weaken over the year. The GDP forecast for the EU remains unchanged at 1.4% in 2019 and 1.6% in 2020.   Always eager to be upbeat […]

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