• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 13, the State Council Taiwan Affairs Office held a regular press conference. A reporter asked: Recently, the Shanghai Municipal Bureau of Culture and Tourism issued an announcement stating that Shanghai residents can book group and individual tours to Kinmen and Matsu through qualified travel agencies in Shanghai and Fujian provinces. What is the current progress of this? Spokesperson Zhang Han stated that tourism industry representatives from both sides of the Taiwan Strait have recently begun mutual visits and inspections, paving the way for future cross-strait tourism exchanges and cooperation. We have already announced the promotion of the pilot program to resume individual travel to Taiwan for residents of Shanghai and Fujian provinces. We hope that relevant authorities in Taiwan will heed public opinion and open this up as soon as possible, creating conditions for the normalization of cross-strait personnel exchanges and the normalization of exchanges and cooperation in various fields.May 13th - Data shows that in the first four months of this year, Guangdongs foreign trade growth rate was 3.5 percentage points higher than the national average, and its share of the national total increased by 0.6 percentage points year-on-year to 21.5%. Foreign trade volume increased by 541.07 billion yuan, exceeding the total for the entire previous year; its contribution to the national import and export growth during the same period reached 25.8%. According to the latest data released by the Guangdong Branch of the General Administration of Customs, in the first four months of this year, Guangdongs imports and exports totaled 3.49 trillion yuan, an increase of 18.4%. Among them, exports reached 2.06 trillion yuan, an increase of 11.4%; imports reached 1.43 trillion yuan, an increase of 30.1%; Guangdong continued to rank first among all provinces and municipalities in terms of scale, share, and increase.On May 13, the State Council Taiwan Affairs Office held a regular press conference. A reporter asked: Recently, an inter-ministerial and inter-provincial working conference on the construction of a demonstration zone for cross-strait integrated development was held in Beijing. What is the current status of implementing the "Opinions of the CPC Central Committee and the State Council on Supporting Fujian in Exploring New Paths for Cross-Strait Integrated Development and Building a Demonstration Zone for Cross-Strait Integrated Development"? What are the next steps to further support Fujian in promoting the high-quality development of the demonstration zone? Spokesperson Zhang Han stated that in the past three years, the demonstration effect of the cross-strait integrated development demonstration zone on Taiwan has gradually emerged, and its influence has been expanding. Going forward, the State Council Taiwan Affairs Office and the National Development and Reform Commission will work with relevant departments of the central and state organs and Fujian Province to support Fujian in continuously exploring new paths and models for cross-strait integrated development and introduce more innovative measures to deepen the integration of Fujian and Taiwan in various fields.May 13th - According to a recent OECD estimate, the Bank of Japans benchmark interest rate is projected to reach 2% by the end of 2027. The report notes that assuming inflation remains around 2%, current interest rates are still close to the lower end of a relatively neutral interest rate range for the economy. The report also recommends that the Bank of Japan should continue to gradually raise interest rates to prevent the economy from overheating. The Bank of Japan previously estimated Japans nominal neutral interest rate to be between 1.1% and 2.5%, but also pointed out that the specific level remains highly uncertain.The Indonesian rupiah fell to a record low of 17,530 against the US dollar.

Pernod Ricard Expects Digital Drive to Stimulate Growth

Aria Thomas

Jun 08, 2022 14:50

7.png


Pernod Ricard (EPA:PERP) announced on Wednesday that it was betting on digital efforts, its portfolio of premium brands, and its distribution network to drive sales growth over the next five years.


Pernod, the second-largest spirits company in the world after Diageo (LON:DGE), stated that it will strive for organic sales growth of between 4 and 7 percent per year over the medium term.


Pernod, whose brands include Martell cognac, Mumm champagne, and Absolut vodka, reaffirmed its goal to increase operating profit margin by 50 to 60 basis points annually, assuming it can achieve annual organic sales growth of 4 to 7 percent in the medium term.


The corporation noted that its digital activities would entail more work to predict client preferences and industry trends using data.


Pernod Ricard has a Capital Market Day on Wednesday afternoon.