Moore Stephens: Lowest confidence levels reported for 2019

moore stephens confidence
Moore Stephens published its annual report for owner managed business (OMBs), saying that due to continued uncertainty, owner managed business confidence has decreased for 2019. This shows a declining confidence for 2019, as well as the prospects for business performance in the year to come.

The main reason for the reduction in confidence is Brexit and the uncertainty regarding the details of the final deal. However, business leaders continued their business. Some are waiting for the Brexit...

Global foreign investment flows reach the lowest levels in a decade

Global foreign investment flows reach the lowest levels in a decade
According to UNCTAD Global Investment Trends Monitor, the foreign direct investment (FDI) fell by nearly a fifth in 2018 to an estimated $1.2 trillion from $1.47 trillion in 2017. The drop brings FDI flows back to the low point reached after the global financial crisis, with the decline concentrated in developed countries where inflows decreased by as much as 40% to an estimated $451 billion.

Specifically, since the global economic crisis arose, the FDI has a downward trajectory since 2013, as...

Taiwan’s Jan-Nov LNG imports increased by 1.6%

Taiwan imported 15.65 million tonnes of liquefied natural gas (LNG) from January to November, up by 1.6% in comparison to the same period in the year before, according to sources. In November, Taiwan imported 1.03 million tonnes of the chilled fuel, which decreased by 23.4% when compared to 1.35 tonnes the country received the same month in 2017.

Qatar, which is the world’s largest LNG exporter, was stable as Taiwan’s biggest supplier, with 4.65 million tonnes, in the timeframe from January to...