Category Archive: News
World Bank: Peru will record 9% growth in 2011
Peruvians are very proud of one important fact: the country is growing and World Bank figures prove it. 2011 will be remembered as the year the Peruvian economy grew nine percent, an incredible rate representing the highest individual economic growth in Latin America and indeed the world. Peru’s economic success is based in no small […]
Looking after your future
Porvenir is a leading provider of pension and severance pay fund management services in Colombia, South America’s second most populous country after Brazil. The company has 33 offices and 10 service modules located in Colombia’s largest cities, as well as a strong nationwide sales force that rivals most of its competitors. Additionally, as part of […]
Pirelli returns to F1
In 1872, a young Italian engineer called Giovanni Battista Pirelli established Pirelli & C. in Milan and opened a plant manufacturing rubber articles. A century and a half later, Pirelli is now the world’s fifth largest tyre company in terms of sales, and a leader in high-end and high-tech development. Pirelli now has 20 plants […]
‘Ratio between quality and price’
Mercator started 61 years ago as a Slovenian FMCG retailer. Today Mercator Group operates in seven markets in southeast Europe and has a long tradition in its core business – retail and wholesale of fast-moving consumer goods, as well as apparel, sportswear, hardware and electronics. It operates everything from large hypermarkets of more than 10,000sq […]
Syria charts new economic terrain
Tucked away along the eastern Mediterranean coastline, nestled at the crossroads of three continents, Syria has steadily covered ground on its ambitious development journey. Over the last decade or so, economic reforms have begun to pay dividends and the country has demonstrated that it can nurture natural growth, relying less on its dwindling oil revenues […]
Peru: Capital goods sector looks to CG
Ferreyros is a Peruvian company founded in 1922 and has been a Caterpillar dealer in Peru since 1942, being today the leading distributor of capital goods in the country. It serves key economic sectors such as mining and construction, and along with the country, has grown significantly in recent years, tripling its size in revenues […]
Brunei Bank collects ‘firsts’
Baiduri means ‘emerald,’ the green precious stone that has been much admired and loved by many throughout history. Associated with grandeur, faithfulness and friendship, the stone has had a history as far back as 3000 BC, when they were the established gemstones in India, Egypt and Rome. It is no wonder, therefore, that the founders […]
Poland’s bankers look to double-digit growth
When global crises bring financial strife to the doors of once-renowned institutions, investors look for a sure place to protect their assets. PKO Bank Polski – the leader of the Polish banking market and a rising star of European finance – can be considered a safe haven for such investors’ money. For more than 90 […]
Pension fund leader in the Czech Republic
Czechs and the Czech pension system are at a crossroads. The economic health of the national pension system has been on the decline in recent years and promises to worsen in years to come. Choices must be made and steps must be taken to divert serious threats looming in the future. The root of the […]
The global economy: What next?
www.4xp.com 4XP foresees much on the financial front of 2011. The previous financial year really did witness a lot of ground-breaking events from the global economy. Oil prices rose from right under the eyes of traders, and currently threatens a global recession if they rise further past $100 a barrel. And what about the euro? […]
