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Vietnamese spending less, saving more despite improved sentiment: survey

HANOI: Although Vietnamese consumer confidence has significantly improved, the top priority for them remains to be saving, a new Nielsen survey found. Up to 86 percent of local consumers have adjusted their spending habits over the past 12 months to save household expenses because more than half of consumers think that the country is in an economic recession at the ... Read More »

Unemployment remains biggest threat to welfare of Finland in 2014

HELSINKI: Finnish social barometer survey publish its results of 2014 shows that the unemployment is biggest threat to the welfare of Finland in 2014.”The greatest threat to welfare in Finland is unemployment”, said both regional and local social and health directors as well as Kela’s directors in this spring’s Social Barometer. The Social Barometer survey has been conducted since 1991. ... Read More »

70% Hungarians save at least 5% of their income for retirement

BUDAPEST: The staffing company Randstad said that according to a survey around 70% of Hungarians stated their intentions to put at least 5% of their income toward retirement. The company said it is the lowest propensity to save for retirement of the 34 countries polled. Hungarians surveyed, 22% claimed they were willing to save 10% of their income for retirement ... Read More »

Austrians ‘most trust’ in Sweden and ‘least trust’ in Greece out of EU members

VIENNA: According to a recent survey conducted by AP-OGM Trust Index, out of the 28 EU member states, Austrians trust Sweden the most and Greece the least. Much of the perception of how trustworthy a country is has to do with how well individual countries have coped with the euro zone crisis and less to do with its general image, ... Read More »

SBP strategic plan for Islamic banking

The State Bank of Pakistan (SBP) has evolved a strategic plan to introduce Islamic banking in the country by launching a survey-based report ‘Knowledge, Attitude and Practices of Islamic Banking in Pakistan’.At the launching ceremony of the report, Governor Ashraf Mahmood Wathra askedtraders and industrialists to focus on research and development in their respective domains to evolve innovative financial solutions ... Read More »

IOCO director issues guidelines for speedy disposal of cases

KARACHI: Input-Output Co-efficient Organisation (IOCO) Director Shahnaz Maqbool has issued guidelines for speedy disposal of cases and surveys being conducted by the IOCO team. According to directives of the IOCO director, the authorities’ concerned/surveyors of IOCO should complete their survey visit in two days. It was directed that the surveyors should submit their report on weekly basis so that provisional ... Read More »