Deadly Attack Targets Chinese Engineers in Pakistan
Amid a surge in violence targeting Chinese interests, a devastating suicide bombing struck a convoy of Chinese engineers in northwestern Pakistan, claiming the lives of six individuals
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
China has decided to grant foreign companies a better and easier access to its telecommunications market, in a bid to make another small step toward opening its economy.
Enterprises registered in the experimental Shanghai Free Trade Zone (FTZ) will be able to invest in projects involving "value-added services" in telecoms industry.
"Value-added services" are those offered apart from basic functions offered by telecoms companies.
Providing of functions like calls, for example, could not pass into the hands of non-Chinese enterprises.
They would however keep the right to engage in other activities such as messaging, Internet and cloud data.
In order to receive a permit from the Chinese government, a corporation will have to prove it has at least RMB 1 M (USD 161 000).
The infrastructure they are to use to develop their activity will have to be placed within the FTZ, even though they might offer services to the whole Chinese territory.
Procedures to obtain a license have now been shortened from five months to more than 60 days.
China has recently taken a series of steps to reduce the internal pressure on its economy.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022