PR Resource – Muarateweh.net

European shares edge higher despite bank loan losses

by admin on Dec.11, 2007, under Garment & Apparel, Trade & Market

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AFP/DDP/File Photo: Stock traders on the floor of the Frankfurt stock exchange. Europe’s main equity markets gained slightly as the banking sector reacted reassuringly to company announcements linked to the global credit squeeze.
(AFP/DDP/File/Thomas Lohnes)

LONDON (AFP) – Europe’s main equity markets gained slightly on Monday as the banking sector reacted reassuringly to company announcements linked to the global credit squeeze.

London’s FTSE 100 index of leading companies rose 0.20 percent to 6,568.00 points in late morning trade. Franfurt’s DAX 30 won 0.33 percent to 8,020.11 points and in Paris the the CAC 40 gained 0.22 percent to 5,731.29. (continue reading…)

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European stocks fall as confidence falters

by admin on Dec.11, 2007, under Trade & Market

By Neil Dennis

European equity markets turned cautious on Tuesday following unexpectedly weak investor confidence, undermined by concerns about economic growth.

Despite Monday’s triple digit gain on the Dow Jones Industrial Average, European stocks were lower and the FTSE Eurofirst 300 slipped 0.3 per cent to 1,542.54 after Germany’s ZEW survey indicated confidence among investors fell to its lowest since January 1993.

Frankfurt’s Xetra Dax fell 0.1 per cent to 8,023.62, the CAC 40 in Paris was down 0.3 per cent to 5,731.32 and London’s FTSE 100 fell 0.5 per cent to 6,535.4.

Lafarge (NYSE:LR)remained in the spotlight following Monday’s resounding gains after the world’s biggest cement group announced its acquisition of Egypt’s Orascom Cement.

Price target upgrades followed on Tuesday along with congratulatory notes from several brokers. Deutsche Bank raised its target price from EU160 to EU176, saying the deal was a win/win for all. (continue reading…)

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New York Stock Exchange opens Beijing office

by admin on Dec.11, 2007, under Trade & Market

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AFP/File Photo pA large US flag is displayed outside the New York Stock Exchange (NYSE). The NYSE has formally opened a Beijing office in the hope of luring more of China’s rapidly growing companies to list on the world’s largest bourse.
(AFP/File)

BEIJING (AFP) – The New York Stock Exchange formally opened a Beijing office on Tuesday in the hope of luring more of China’s rapidly growing companies to list on the world’s largest bourse.

The move comes a week after NYSE rival Nasdaq opened its own representative office here amid growing foreign interest in the market strength of Chinese firms. (continue reading…)

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Slowdown in US market may dampen Malaysian export market growth

by admin on Dec.11, 2007, under Export Import, Trade & Market

By SURAJ RAJ
biz.thestar.com.my

CONSUMERS could be tightening their belts as they usher in the New Year in anticipation of further hikes in toll rates, public transportation and oil prices, industry observers said.

In addition, the expected slowdown in the global economy and uncertainties in the US market may also dampen the growth of Malaysia’s export sector.

If such an environment prevails, can domestic demand, which helped push Malaysia’s gross domestic product (GDP) growth to 6.7% in the third quarter of the year (Q3′07), maintain its momentum?

Standard & Poor’s Ratings Services sovereign and international public finance ratings director Sani Hamid believes it can, as long as employment and income prospects remain stable.

“Traditionally Malaysia’s growth has been export dependent but increasingly over the years, domestic demand has also been a pillar of growth. (continue reading…)

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Export companies cry for tax incentives

by admin on Nov.29, 2007, under Export Import, Industry, Products

Export companies complain that now they cannot enjoy any preferences for exports after the Decree 24 guiding the implementation of the Corporate Income Tax was promulgated.

Under the WTO commitments, Vietnam must remove the direct support given to export companies, but it still can apply other kinds of allowed support and preferences.

Preferences for exports on the wane

Generally, once a new decree is promulgated to replace a previous decree on the same issue, it always maintains the tax incentives stipulated in the previous decree. However, the Decree 24 does not preserve the preferences stipulated in the Decree 36 from 1997.

Under Decree 36, foreign invested enterprises (FIEs), that make investment in industrial zones (IZ), would enjoy the preferential corporate income tax rate of 10% (during the whole life of (continue reading…)

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The Colorful Interior Design Inspiration A Kitchen House

by admin on Nov.20, 2007, under Products

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That is an interesting color blend, many color but still looking harmonic each other. I hope this picture will be your inspiration if you looking for a different color trends for your interior design project.

(via)

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Despite relative challenges, the domestic furniture industry shows vibrant potential for growth as Egypt gets serious about design

by admin on Nov.19, 2007, under Industry, Products

Ihab Derias sets the scene for a well-practiced pitch by pulling up a simple image on a flat-panel desktop monitor. The picture is of a beautifully designed piece of modernist furniture: a chair slung low to the ground in minimal cubist lines, all flat edges and smooth, squared-off planes, glowing in a dull yet somehow lustrous golden hue. It looks like the kind of set piece that wouldn’t seem out of place in a trendy fusion restaurant.

“This chair is 2500 years old, and you can see it in the Egyptian Museum,” he says, choosing not to pause for effect as he begins to list off the selling points of Egypt’s increasingly successful furniture industry: History. Craftsmanship going back generations. Location.

Derias knows how to sell it; the Egyptian furniture business is a beloved topic. And when he begins speaking, it is clear that he is well practiced in explaining the ins and outs of one of the country’s most promising export markets. Derias wears two separate hats: one as managing director of LaRoche, a major local producer and exporter of modern furniture, and one as Vice President of the Furniture Export Council, the peak body that oversees and supports the growth of the industry. (continue reading…)

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