Also in the news...
Winning Globally: A Playbook for International Expansion Teams
In 2014, the face of global enterprise continues to change rapidly. The signs are everywhere: This year, the fastest-growing economy is expected to be Mongolia’s, at a rate of 15.3 percent.
Do your mail and logistics providers need to be ‘local’ to your country of business?
We work in an ever smaller world. The rise of global supply chains means that, whether your new business is involved in retail or manufacturing, the chances are your regular shipments and deliveries will involve products or parts from a number of different countries and probably continents.
The UK has attracted the most inward investment projects since records began in the 1980s.
Foreign investment projects create highest number of new UK jobs since 2001 Commonwealth Games Business Conference in Glasgow starts this week (22 July 2014)
Latest information for UK exporters on the impact of Russia’s recent intervention in Ukraine and annexation of Crimea on business
The UK government is keeping our economic engagement with Russia under close review. Some bilateral cooperation and trade support activity is being affected
How to Break Into the World's High-Growth Markets
International trade
Slovakia: Credit Crunch? What Credit Crunch!
Productivity in the region has not always been high, but the Slovakian economy has a greater chance of improving in the face of the credit crunch than longer established economies such as the UK.
MILLY BERNICE discusses why the credit crunch could end up working in Slovakia's favour.
A report in the Slovakias biggest economic newspaper Hospodřské Noviny called for greater competition in the telecommunications and energy markets. The report from liberal economic think tank FA Hayek, also suggests that the government should reduce red-tape to persuade new companies to enter these markets in Slovakia. The government is said to be in favour of encouraging healthy competition.
The report explained that productivity in the region has not always been high, but that the Slovakian economy has a greater chance of improving in the face of the credit crunch than longer established economies such as the UK.
This follows news that the Slovakian banks are unlikely to need any rescue packages, with only one bank in the region falling out of the black. Slovakian based banks have not invested in the US securities markets that have been at the centre of the credit crunch, and customer deposits outweigh borrowing by 20%. Unlike much of Europe, including near neighbour Hungary, the banks collectively made a profit in excess of 500m Euros in 2008.