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Partly offsetting rises came from the price indexes for residential buildings (up 1.0 percent) and nonresidential buildings (up 0.5 percent).
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The Central Statistics Agency (BPS) announced on Wednesday a US$304.9 million trade surplus in March, the first surplus since September. The surplus helped narrow the year-to-date trade deficit to $67.5 million. BPS head Suryamin explained that the
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These investments figures might be strong for the first quarter, but there is a possibility that things will slow down considerably by the end of the year, Chatib told a press briefing on Monday. He estimates that investment growth will be between 10
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A possible amendment is in sight for the newly ratified Investment Proclamation, following a study tabled to the Ethiopian Investment Agency's (EIA) board, three weeks ago. The change comes only eight months into the ratification of the new
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I ndia's diversified stock funds posted their worst quarterly performance in over a year as fund managers' bets on small- and mid-cap shares and sectors like capital goods dented unit values, data from fund tracker Lipper showed. Such funds fell 7.5
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In an interview with ET Now, Varun Goel , Head of PMS, Karvy Private Wealth , gives his views on the market and some sectors. Excerpts: ET Now: What are you advising clients or what are you doing in your PMS with regards to capital goods? Varun Goel:
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Total factory orders fell by 2 percent in January from December, mostly due to a decline in aircraft and defense orders. Demand for durable goods fell by 4.9 percent, while demand for nondurable goods increased by 0.6 percent.
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Orders for U.S. factory goods that signal business investment plans jumped last month by the most in more than a year, suggesting companies are confident about their business prospects. The Commerce Department says orders for so-called core capital
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Orders decreased 5.2 percent, worse than expectations of a 4.8 percent decline...However, nondefense orders excluding aircraft (core capex) rose 6.3 percent, way above expectations of no growth. Durable goods orders excluding all transportation
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