Tag Archives: economy

World Bank

Cyprus climbs its way up

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World Bank countries ranking World Bank conducts Doing Business evaluation each year and it advanced Cyprus 13 points higher than last year. There are 189 countries estimated in the report and now Cyprus is 47th. Last position for this economy was 60th. According to World Bank’s discourse there are ten countries which elevated the economic […]

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Cyprus bounces back

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Cyprus crash The global recession kicked off back in 2008, Europe or to be more exact the Euro zone was at one point on the verge of collapse, yet there was one place within the Euro zone that you could have been fooled into believing no such thing was accruing, that sunny little island on […]

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Singapore economy increased by 2.3 per cent in Q1

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Singapore economy grew by 2.3% in the first quarter, roundly beating the initial estimate, the trade ministry said on Tuesday, with a strong manufacturing sector expected to underpin further growth this year. The ministry had predicted quarter-on-quarter expansion of a mere 0.1% based on two months of data. But growth was lifted by strong performance […]

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Hong Kong’s economy in the first quarter of 2014

The volume of Hong Kong’s economy in the first quarter of 2014 increased by 0.2% compared to the previous months, when there was an increase by 0.9%, Bloomberg reported. In annual terms, growth in GRP of Special Administrative Region of China slowed down from 2.9% in the 4th quarter to 2.5% in January-March. Analysts interviewed […]

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