Archives for Markets and Finance
Gibraltar: Amongst the first countries to work towards introduction of cryptocurrency regulations
While traditional financial hubs such as the UK are moving away of cryptocurrency businesses, other destinations begin to emerge on the virtual currency map. The Gibraltar Financial Services Commission, which is the leading financial regulator in the aspiring British Overseas Territory, recently announced that it explores introduction of a...
An Introduction to Bitcoin!
Bitcoin has become a frequently discussed topic amongst investors, entrepreneurs and traders. For a simplified explanation: Bitcoin is a digital currency not controlled by a central authority like a central bank or government. It’s created by “miners” using computers to process transactions and collect bitcoin in exchange. Amongst supporters...
These 5 big companies call Massachusetts home?
The State of Massachusetts is located in the northeastern region of the United States. It is the 15th populous states in the U.S, neighboring Connecticut, Rhode Island, New Hampshire, Vermont and New York. According to GOBankingRates, Massachusetts ranked 15th on the list of best places to do business in,...
Singapore economic outlook 2017
Growth prospects According to the central bank’s half-year macroeconomics review, Singapore’s GDP is expected to expand by 1% to 3% in 2017, and the figure will likely exceed 2%. In Q1 2017, the economy grew by 2.5% on a year-on-year basis, which is higher than the 2.4% forecasted by...
The Great Ball of China- Chinese Investment in Football
President Xi Jinping in 2015 has set out a 10 year plan, running from 2015-2025, to double the size of the Chinese sports economy to more than £600 billion, based on state and private investment in football. President Xi and avid football fan has a plan to turn China...
Why is now the right time to invest in Dubai?
Dubai will transform into a new kind of business hub in next 5 years The secret behind Dubai’s success Dubai today is known as one of the wealthiest cities in the world. Mentioning about Dubai, people often think about extravagant skyscrapers, luxurious sport cars and prosperous individuals. Indeed, nowadays...
Strategic investments in Ghana is boosting the country’s economy
A crowded Ghana beach The Republic of Ghana is a country with a population of around 27 million situated next to Côte d’Ivoire, Burkina Faso and Togo. It is the second largest economy in West Africa after Nigeria, and it obtained a status of middle income country in 2011....
Latvia refocuses exports away from Russia in wake of sanctions
As a former part of the Russian Empire, and later the Soviet Union, Latvia has had a close economic relationship with Russia since it regained independence in 1991. The countries still share a border and many Latvians speak Russian, simplifying commerce between the nations and making Russia Latvia’s second-largest...
UAE, Oman and other GCC members to introduce VAT
GCC countries are planning to implement VAT. The Middle East is well known for providing a high quality of life with a low tax burden, with many amenities and developments financed by oil revenue. However, following a precipitous drop in the price of oil and consistent low prices since,...
Anguilla: a tourist and offshore centre in the Caribbean.
A British Overseas Territory like the Cayman Islands and BVIs, Anguilla did not benefit from the UK’s increased development funding to Caribbean Commonwealth countries. Although Anguilla does have a small financial and fiduciary industry, this activity is not on the scale found in other nearby jurisdictions such as Belize,...