Search result for spending
A 40% increase in H&M's investment will keep the company's teams busy in 2023, when they will be working on a number of new projects
With revenues up 6% to €19.9 billion but net profit down by two-thirds, the H&M firm recently released mixed results for fiscal 2022 and revealed its strategy for the current year. H&M has decided to take the first step toward this goal by considerably increasing its investment spend...
For global dominance, Germany is lavishing spending on high technology
Germany plans to spend 3.5 percent of its GDP on R&I by 2025 in an effort to maintain its position as a global leader in cutting-edge fields like hydrogen energy, quantum computing, and artificial intelligence. It is important for Germany to continue being an innovative nation. Anja Karliczek...
Japan plans a 56% rise in defense spending over the next five years
On Monday, Japanese Prime Minister Fumio Kishida directed that the country's defense budget be increased by 56% over the next five years to 43 trillion yen.
In response to regional challenges from nuclear-armed North Korea and a more assertive China, the government is revising its m...
Kremlin Decides to Cut Spending by 24 Billion Euros As it Continues to Face Western Sanctions
The Kremlin is set to cut its future spending plans by 24 billion Euros as sanctions from the West continue to hit Russia. The Russian media has claimed that the country will be cutting its defense, transport, and technology budgets in the future.
Over 1.6 trillion Rubles have been redu...
Exploration of Oil and Gas in Australia in July-September
According to the latest available official data, Oil and gas exploration spending edged higher in July-September from the last and a year-earlier quarters, whereas offshore exploration continued to stay at subdued levels and has also been lower than the onshore upstream sector of exploration for ...
JAPAN’S HOUSEHOLD SPENDING ROSE 13.0 PERCENT IN APRIL
Highlights –
- Japan’s household spending rose 13.0 percent in April.
- Households with two or more people spent an average $2,700 in real terms.
- Seasonally adjusted spending inched up 0.1 percent from March.
- Outlays for ...
JAPAN GOVT. DOWNGRADED ECONOMIC ASSESSMENT AS CONSUMPTION DAMPENS
Highlights –
- Japan govt. downgraded economic assessment as consumption dampens.
- The extended state of emergency over the coronavirus pandemic has led to the downgrade assessment.
- Private consumption in April has shown a weak ton...
CHINA’S FISCAL REVENUE IN Q1 OF 2021 ROSE 25.5 PERCENT
Highlights –
- China’s fiscal revenue in Q1 of 2021 rose 25.5 percent.
- The Ministry of Finance, the country's fiscal revenue topped 7.8 trillion yuan.
- Tax revenue in the first four months came in at nearly 6.75 trillion yuan.<...
S. KOREA’S DOMESTIC DEMAND SHOWS IMPROVEMENT IN APRIL
Highlights –
- S. Korea’s domestic demand shows improvement in April.
- The country’s exports saw an increase of 41.1% on-year in April.
- In April, sales at department stores rose 26.8 percent on-year.
- The county rep...
S. KOREA’S CONSUMPTION EXPENDITURE ON TOURISM DECLINES IN 2020
Highlights –
- S. Korea’s consumption expenditure on tourism declines in 2020.
- Foreigners' spending in the domestic tourism and leisure sector plunged by nearly 80%.
- Foreigners' spending plummeted 76.6 percent to 1.66 tril...
DELAWARE HEALTHCARE SPENDING INCREASES
HIGHLIGHTS
- Delaware Healthcare is spending more than twice its benchmark goal.
- Spending among physicians, in pharmacies, hospitals, and long term care facilities, increased heavily.
According to recently released data of the Healthca...
REPORT: CONSUMER SPENDING HIT AGAIN AS COVID-19 LOCKDOWN CONTINUES IN UK
Highlights:
- The consumer spending in United Kingdom has been hit again as the covid-19 lockdown continues
- The consumer spending the United Kingdom had been 13.8 percent lower than it was in the year 2020
On Tuesday, Barclaycard, whic...
JAPAN’S HOUSEHOLD SPENDING FELL 6.1% IN JANUARY
Highlights –
- Japan’s household spending fell 6.1% in January.
- Average spending by households was $2,400.
- The country’s outlay for student commuter passes fell 33.0 percent in the reporting month.
- In the reportin...
HK $8 BILLION KEPT ASIDE BY HONG KONG FINANCE DEPARTMENT FOR SECURITY EXPENSES
HIGHLIGHTS
- Hong Kong has reserved HK$8 billion for non-repetitive spending on public safety despite confronting an extended monetary deficiency of HK$101.6 billion in the coming monetary year
There are so far no subtleties of what the cash will...
JAPAN’S AVERAGE MONTHLY SPENDING BY HOUSEHOLDS FELL IN 2020 BY 5.3 PERCENT
Highlights –
- Japan’s average monthly spending by households fell in 2020 by 5.3 percent.
- In 2020 monthly household spending with two or more people averaged 277,926 yen.
- Spending on transportation and communication fell 8.6 perc...
JAPAN’S CONSUMER SPENDING IS EXPECTED TO FALL BY $19.3 BILLION
Highlights –
- Japan’s consumer spending is expected to fall by $19.3 billion.
- The loss would correspond to 0.40 percent of Japan's annual GDP in nominal terms.
- Japan's government has imposed a state of emergency in 11 pre...
ADVERTISING CAMPAIGN OF AUSTRALIAN GOVT COST $128M FOR THE YEAR 2019-20
HIGHLIGHTS
- The Morrison government spent a sum of $128m on promoting in the past year, including $5.2m on statistical surveying for the advertisement crusades, new figures uncover
A report distributed by the account division uncovers the greate...
U.S. CONSUMER SPENDING WENT DOWN BY 0.4% IN NOVEMBER
Highlights
• According to the U.S. Commerce Department report released on Wednesday, this slump in consumer spending in the November comes after a gain of 0.3 percent in October
• Last time consumer spending went down was in the month of April, when the fall was 12.7...
US CONGRESS ANNOUNCES $2.3 TRILLION SPENDING PACKAGE
Highlights
• The year’s spending bill is inclusive of $740.5 billion in defense spending and $664.5 billion for domestic programs
• This $2.3 trillion spending package includes $1.4 trillion omnibus bill, which is based on a 2019 spending bill
• ...
JAPAN’S HOUSEHOLD SPENDING IN OCTOBER RISE BY 1.9 PERCENT IN 13 MONTHS
Highlights –
- Japan’s household spending in October rose by 1.9 percent in 13 months.
- Spending by households with two or more people was $2,700.
- The average monthly income rose by 2.5 percent among salaried households with two pe...