Service sector

Service industry still in virus crisis: institute

By Crystal Hsu / Staff Reporter The services sector has yet to emerge from a slump amid the COVID-19 pandemic, although the rate of decline eased in the last quarter, the Commerce Research Institute (商業發展研究院) said yesterday. . The coincident cyclical composite index for the services industry continued to decline in the last quarter and […]

Service sector

Japan lowers fourth-quarter GDP due to weak service sector

Q4 GDP +4.6% annualized vs f’cast +5.6% Private consumption revised down to +2.4%, capex at +0.3% Revision reflects lower-than-expected services spending War in Ukraine raises risk of contraction in first quarter – analysts TOKYO, March 9 (Reuters) – Japan’s economic rebound was weaker than initial estimates in the final quarter of 2021, revised data showed […]

Service sector

India’s services sector PMI rises to 51.8, composite PMI to 53.5 in February

India’s service sector output fell from 51.5 in January to 51.8 in February, indicating a moderate rate of expansion, according to a report by IHS Markit. Larger bookings, better demand conditions and the receding pandemic drove this moderate expansion. Meanwhile, the composite PMI output rose to 53.5 in February from 53.0 in January, signaling a […]

Service sector

PMI shows Russia’s services sector rose in February, without mentioning Ukraine – Metro US

FILE PHOTO: A wellhead and drilling rig in Russia’s Yarakta oil field (Reuters) – Business activity in Russia’s services sector returned to growth in February as inflationary pressure eased and business confidence hit a five-month high, the Markit index showed on Thursday. purchasing managers (PMI). The precise dates of the investigation, which made no mention […]

Service sector

PMI shows Russia’s service sector rose in February, not mentioning Ukraine

A wellhead and drilling rig at Yarakta oilfield, owned by Irkutsk Oil Company (INK), in Irkutsk region, Russia March 11, 2019. REUTERS/Vasily Fedosenko/File Photo Join now for FREE unlimited access to Reuters.com Register March 3 (Reuters) – Business activity in Russia’s services sector returned to growth in February as inflationary pressures eased and business confidence […]

Service sector

Service sector boosts employment in February

We expect to see payroll employment increase by 400,000 jobs in February. Hiring in the private sector will represent approximately 375,000 of these new hires; a reopening of schools and universities that had temporarily closed or gone online during the Omicron wave should give a boost to public sector hiring. We could see a downward […]

Service sector

US service sector slows in January; input prices remain high – ISM survey

A barista prepares coffee for a customer in Houston, Texas, U.S., March 10, 2021. REUTERS/Callaghan O’Hare Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 3 (Reuters) – A measure of U.S. service sector activity fell to an 11-month low in January as a resurgence in COVID-19 infections hurt demand in high-contact businesses […]

Service sector

India’s services sector PMI slows to 51.5, composite PMI to 53 in January

India’s service sector output was recorded at 51.5 in January, down significantly from 55.5 in December. IHS Markit in its report said the overall figure indicated the slowest expansion in the current six-month growth streak. Meanwhile, the composite PMI output fell from 56.4 in December to 53.0 in January, the slowest rate of expansion in […]

Service sector

Japan’s service sector shrinks at fastest pace in 5 months – PMI

Customers eat lunch at restaurants next to a record store which has a large poster on its wall in Tokyo, Japan, July 4, 2018. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register TOKYO, Feb 3 (Reuters) – Japan’s service sector activity contracted at the fastest pace in five months in January, a […]

Service sector

Japan’s service sector shrinks at fastest pace in 5 months – PMI | Investment News

TOKYO (Reuters) – Japan’s service sector activity contracted at the fastest pace in five months in January, a sign that businesses have come under pressure from a record rise in new coronavirus infections due to the Omicron variant. The world’s third-largest economy has seen COVID-19 cases rise in recent weeks, forcing the government to roll […]

Service sector

UK economy falters as Omicron wave hits service sector

Britain’s economy faltered in January, a closely watched survey showed on Monday, after the rapid spread of Omicron weighed heavily on the services sector. the flash IHS Markit/CIPS UK Composite Output Index fell to an 11-month low of 53.4, from December’s final reading of 53.6. Most analysts were expecting a rise, with consensus at 54.0. […]

Service sector

Growth in Japan’s service sector activity slows in December

TOKYO (CNA) — Japan’s service sector activity grew at a slower pace in December as new and in-progress business growth slowed and expectations for the next 12 months bottomed out. level in four months. The world’s third-largest economy is set to rebound in the final quarter of last year after COVID-19 cases plummeted as it […]

Service sector

Japan’s service sector activity growth slows in December -PMI

People sit at a restaurant using plexiglass dividers to protect customers from coronavirus disease (COVID-19) in the Shibuya area of ​​Tokyo, Japan on July 29, 2021. REUTERS / Androniki Christodoulou Register now for FREE and unlimited access to Reuters.com Register TOKYO, Jan.6 (Reuters) – Activity in the service sector in Japan grew at a slower […]

Service sector

Growth in Japan’s service sector activity slows in December – PMI | Investment News

TOKYO (Reuters) – Japan’s service sector activity grew at a slower pace in December as growth in new and in-progress business slowed and expectations for the next 12 months hit their lowest level in four months. The world’s third-largest economy is set to rebound in the final quarter of last year after COVID-19 cases plummeted […]

Service business

Regulation of Money Services Businesses | Political economics

Jhe flow of illegal funds is a challenge for the global community. A study conducted by the United Nations Office on Drugs and Crime (UNODC) indicates that the total volume of proceeds of crime amounts to 3.6% of the world’s gross domestic product (GDP), of which 2.7% (or $1.6 trillion) is laundered through different means. […]

Service sector

Caution is in order as the economic recovery is led by the service sector while manufacturing stagnates

The service sector is driving the continued economic recovery as manufacturers grapple with ongoing supply chain issues. The Natwest Yorkshire and Humber Business Activity Index showed continued strong growth – the strongest for five months – but those behind the analysis said it masked stagnant output. Inflation is also soaring as prices have risen at […]

Service charge

ICICI Bank customer alert! Service charge on A / C savings, ATM transaction fees will be increased from January 1, check out new rates here | Personal finance news

New Delhi: Private sector lender ICICI Bank has announced that it will revise the service fees on ICICI bank savings accounts with effect from January 1, 2022. The bank also announced a revision of the ATM transaction fees – National Savings Account Holders from January 1. For transactions at ICICI Bank ATMs / cash recycling […]

Service sector

UK service sector driven by export sales and new business growth

Prices charged by firms in the service sector rose at a record rate during the period thanks to soaring inflation, rising fuel prices and wage increases. Photo: Stu Forster / Getty The UK saw a strong recovery in service sector activity in November, spurred by a sharp rise in exports and growth in new businesses. […]

Service sector

US economy rebounds as coronavirus cases fade, ISM services sector index soars in October

Numbers: Restaurants and other service-oriented businesses saw business grow rapidly in October as coronavirus cases fell nationwide, showing the US economy is accelerating again even in the face of persistent labor shortages work and supply. An activity index based on a survey of business executives jumped to a record 66.7% from 61.9% in September, the […]

Service sector

UK Flash PMI signals economy supported by service sector

bankkgraphie/iStock via Getty Images Flash PMI data shows the UK economy picking up speed in October. However, the expansion seems increasingly dependent on the service sector, which in turn seems subject to a slowdown amid the recent increase in COVID-19 cases, and has been accompanied by an unprecedented increase business costs, which led to a […]

Service business

Putting customers at the center of public service

Columnists Putting customers at the center of public service Monday, October 11, 2021 A customer service agent. FILE PHOTO | NMG By COLLINS ODOTEMore from this author Summary Private sector colleagues know the value of customers because of the impact they have on their bottom line. If customers are not treated well, they will stop […]

Service sector

Sector focus: service sector | CCR

The latest insights from the CBI Economics Industry Trends Survey. Sep 06, 2021, 3 min read Services sector split on outlook Optimism among companies in the services sector was mixed in the three months to August, according to the CBI’s latest quarterly services sector survey. While sentiment about the general business situation continued to improve […]

Service charge

Nepra Approves Transmission Service Charges

Islamabad: National Electric Power Regulatory Authority (Nepra) has approved Transmission Service Charge (TSC) of Rs 0.1584/kWh (O&M component including National Transmission and Despatch Company Ltd – NTDC – local component and utility component) insurance of HVDC Matiari – Lahore Transmission Line) from March 18, 2021 to June 05, 2021 for 800 MW and from June […]

Service sector

Japan’s services sector activity in August contracts at fastest pace since May 2020 – PMI

Pedestrians wearing protective masks amid the coronavirus disease (COVID-19) outbreak walk on a street in Tokyo, Japan, February 2, 2021. REUTERS/Kim Kyung-Hoon/File Photo Join now for FREE unlimited access to Reuters.com Register TOKYO, Sept 3 (Reuters) – Japan’s service sector activity contracted at the fastest pace in more than a year in August as a […]

Service sector

Services sector divided on outlook – CBI

Optimism among companies in the services sector was mixed in the three months to August, according to the CBI’s latest quarterly services sector survey. While sentiment about the general business situation continued to improve in business and professional services, consumer services saw sentiment decline from the previous quarter. Business and professional services saw strong volume […]

Service sector

Brazil PMIs show fastest growth in services sector since 2013 -IHS Markit

(Correct title) BRASILIA, July 5 (Reuters) – Private sector business activity in Brazil revived in June, a survey of purchasing managers showed on Monday, driven by the fastest pace of growth in the dominant services sector since more than eight years. New orders, new exports and employment in the services sector led the way, indicating […]

Service charge

After the service charge cap, here’s how much you’ll have to pay for the Covid-19 vaccine in private hospitals

After Prime Minister Narendra Modi on Monday announced a price cap on service charges for Covid-19 vaccines in private hospitals, vaccine prices between manufacturers were revised. Prime Minister Modi said the Center decided to buy 75% of vaccines from vaccine manufacturers for free supply to states, while private sector hospitals would continue to source 25% […]

Service sector

PMI – The New Indian Express

Through PTI NEW DELHI: India’s service sector business slumped into contractionary territory for the first time in eight months amid further declines in new jobs due to the escalating pandemic and the reintroduction of restrictions , a monthly survey said on Thursday. India’s seasonally adjusted index of services business activity fell to 46.4 in May […]

Service sector

Services sector fuels strong U.S. private sector job growth in May, ADP says

Numbers: US private sector employment jumped 978,000 in May, according to the ADP’s national economic report released Thursday. The gain was well above forecasts by economists polled by the Wall Street Journal who had expected a gain of 680,000 jobs. It’s the largest monthly gain since last June, when the economy began to reopen after […]

Service sector

The services sector is the key to economic recovery after the coronavirus

Wall Street’s most optimistic economic forecasts hinge on a simple prediction: everyone will soon be returning to their local gyms, bars and yoga studios as if the pandemic is a thing of the past. A job boom in the vast service sector in the United States – the country’s largest employer, including software developers and […]

Service charge

Coronavirus: Private health centers may take ‘service charge’ of up to Rs 100 per vaccination

Private health centers may collect “service fees” from beneficiaries to cover their operating expenses (syringes, needles, labor, etc.) during the COVID-19 vaccination campaign. A service charge of Rs 100 will be added to the cost of vaccines. Private centers will not be allowed to charge more than 100 rupees (plus the cost of the vaccine) […]

Service sector

Rapid change is coming to the service industry

Technology and “industrialization” are reshaping services as they have in manufacturing These days, with a global pandemic decimating jobs and trade, many of us can’t wait for the economy to get back to normal. But the “normal” – in the business sense, anyway – has itself evolved rapidly in recent years, and the wide range […]