In FY2023, Japan's businesses will increase base pay by 62 percent.

According to a poll conducted by the Japanese Ministry of Finance, 62.1% of enterprises in Japan have raised or intend to boost base pay in fiscal 2023, up significantly from 38.7% the previous year. The shift is most pronounced outside of the manufacturing sector, where 56.0% of businesses have ...

Germany's status as an industrialized nation: the essentials

Compared to the prosperity of other nations, Germany's industrial sector is the primary driver of development. Fast access to the most crucial data.In 2021, industry contributed 26.6% of Germany's GDP to total value created. Those numbers compare poorly to the shares recorded in other cou...

Due to the energy crisis, Germany will subsidize electricity for small enterprises

German lawmakers are considering plans to shield consumers and businesses from high energy prices. Robert Habeck, Germany's economy minister, has unveiled a small company help program.

In response to a potential energy crisis brought on by Russia cutting off gas exports to Europe, G...

Entrepreneurs are flocking to Mexico because of a technological trend

Even though the present Covid-19 scenario has had a detrimental impact on Mexican enterprises, some organisations have decided to continue investing in research to develop software solutions to get a competitive advantage in 2022.

According to Spiceworks Ziff Davis, 66 per cent of Mexic...

Global Enterprise Resource Planning (ERP) Software Market was Valued at US$ XX Mn in 2020

The global enterprise resource planning (ERP) software market was valued at US$ 42,501 Mn in 2020 growing at a CAGR of 11.34% over the forecast period (2021 – 2029).

COVID-19 Pandemic is Expected to Have a Positive Impact

The COVID-19 pandemic has affect...

6,000 Singapore firms to opt for green economy, with the help of S$180 million scheme

Highlights

• This program will help local businesses to build capabilities in the area of sustainability
• This program is launched due to concerns regarding the climate

A new program was launched on Friday in order to help local busines...

CHINA PLANS TO BOOST ITS OWN BLOCKCHAIN INDUSTRY BY 2025

Highlights –

• China plans to boost its own blockchain industry by 2025.
• The country is aiming to boost the technological application and industrial development of blockchain.
• China plans to support the establishment of 3-5 backbone ent...

CHINA TO MONITOR CHALLENGES FACED BY SMEs

Highlights –

• China to monitor challenges faced by SMEs.
• China will also be permitting foreign investors to open entertainment venues.
• The ministry will step up price monitoring and work together with other government departments.
...

CHINA’S SEO’S PROFITS ROSE 240%; TRADE SURPLUS AT $34.47 BILLION IN APRIL

Highlights –

• China’s SEO’s profits rose 240%; trade surplus at $34.47 billion in April.
• The profits of centrally administered SOEs rose 160 percent year on year.
• The debt-to-asset ratio of the country's SOEs came in at...

U.S GLOBAL ASSET MANAGER BLACKROCK DE-REGISTERS FROM SHANGHAI UNIT

Highlights –

• U. S Global asset manager BlackRock de-registers from Shanghai unit.
• It voluntarily cancelled the business registration of its WFOE unit in Shanghai.
• China had opened its mutual fund industry to foreign managers last Apri...

USAID AND DFC PLEDGE 41 MILLION DOLLARS FINANCING FOR RENEWABLE ENERGY IN INDIA

HIGHLIGHTS

• USAID and DFC have announced a US $41 million loan-guarantee program for India.
• This program is meant to finance investment in renewable energy by Indian SMEs.

The United States Agency for International Development (USAID)...

S. KOREAN SME’s DESPITE THE PANDEMIC REPORTS THEIR EXPORTS TO FALL IN 2020

Highlights –

• S. Korean SME’s despite the pandemic reports their exports to fall in 2020.
• Overseas shipments totaled US$100.8 billion last year.
• In 2020, South Korean smaller companies exported $90 million worth of test kits to 1...

CHINA’S SMEs AND EER REPORTED BEING STABLE IN Q4 2020

Highlights –

• China’s SMEs and EER reported being stable in Q4 2020.
•  SMEs Development Index based on a survey was up 0.2 points in Q4.
• China’s real EER has climbed 3.79 percent to 126.13 from June to November 2020.

Virtual Reality in Enterprise Training Market is expected to Reach US$ 2186.21 Mn by 2022, owing to the Increasing Adoption across Healthcare Sector, says Absolute Markets Insights

Virtual Reality in Enterprise Trainings is primarily preferred by the optometrist’s trained medical professionals, and ophthalmologists in order to monitor the diagnosis of diseases, the progression of diseases, or in the screening programs. Increasing incidence of Age-related Macular Degen...

Enterprise Data Management Market is expected to Reach US$ 2162.33 Mn by 2022, owing to the Increasing Adoption of Enterprise Data Management among Organization to Handle Large Data Sets, says Absolute Markets Insights

Modern technology strategies are becoming a balancing act for companies. One side of the pan is filled with emerging trends and techniques that give businesses a cutting edge in the digital marketplace. On the other side, it is balanced by the foundational technologies and practices which are sti...

CONSTRUCTION OF ZOJILA TUNNEL BEGINS IN INDIA

HIGHLIGHTS

• Zojila is one of the most dangerous stretches in the world to drive a vehicle.
• The construction of Zojila tunnel is also geo-strategically sensitive.
• Construction of Zojila tunnel was a public demand from Drass, Kargil, and Ladak...

INDIAN GOVERNMENT TO WAIVE INTEREST ON INTEREST ON LOANS UP TO RS 2 BILLION

HIGHLIGHTS

• Indian government has plans to waive interest on interest on the financial loans up to Rs 2 billion during moratorium.
• People having cleared their loan dues during the moratorium between MAR 2020 and AUG 2020 will also get the benefit of th...

INDIAN MINISTER NITIN GADKARI TESTS POSITIVE FOR COVID-19

HIGHLIGHTS

• Indian Road & Transport Minister Nitin Gadkari has been tested positive for COVID-19.
• The Union Minister has isolated himself.

India's Minister of Road Transport & Highways, Micro, Small & Medium Enterprise...

HIGH HOPES ON RELIANCE RETAIL-FUTURE GROUP DEAL LIKELY TOMORROW

Highlights

• According to the reports, it is going to be an all cash deal that will see Reliance Retail taking over all the debts and liabilities of Future Group along with a minority stake I. Future Enterprises

• The estimated value of this transaction will be aroun...

ONLY 4% OF POLAND'S FIRMS SACKED EMPLOYEES AMID EPIDEMIC

HIGHLIGHTS

• A survey says that in Poland, only 4% companies sacked their employees amid epidemic.
• Survey was carried out by World Bank and PARP.
• World Bank economist ?ukasz Mar? said that Polish companies were not giving up.
• Rathe...