ISI Intellinews

President Boris Tadic said that the country would most likely file for EU candidate status by the end of ####. Serbia is closely monitoring the situation and assessing when it would be best to submit EU candidate status bid, Tadic

The representatives of Chinese company Dongfeng Motor Corporation are due to visit Priboj-based truck and bus producer FAP next week, FAP CEO Mirko Stojovic stated.

Fiat Automobili Srbija, a joint venture of Italy #;s car maker Fiat and the government, should churn out between ##,### and ##,### of Punto car models next year, Danas daily reported citing sources from the firm.

The bill on maximum number of employees in public administration is aimed at boosting its efficiency, economy minister Mladjan Dinkic said, adding that the first effects of the workforce cuts would be felt in ####.

D&B, the world#;s leading source of commercial information and insight on businesses has retained Serbia #;s ratings at high risk DB#a in its November report, noting that the recovery of the country#;s economy could not be

The latest data on the economic activity in the country are showing that the recession eased, PM Mirko Cvetkovic stated, adding, however, that this year#;s GDP decline would not be offset before ####.

Coal extraction by Ukrainian enterprises of all forms of ownership increased by #.##% m/m to #.###mn tonnes in October, the press service of the Coal Industry Ministry has announced.

Production of tires of all types fell by #.#% y/y to ###,### tires in September, the Cherkasy state scientific and research institute of technical and economical information in the chemical industry has announced.

Moody#;s Investors Service raised the ratings of Prominvestbank to B#/B#/E+/A#.ua from Ñàà#/Ñàà#/Å/B#.ua. Specifically, the rating agency upgraded the banks long-term global scale local currency deposit rating to B# from Caa#, its

EconMin Bohdan Danylyshyn said that amendments to the draft state budget for #### will be introduced after the State Statistics Committee publishes macroeconomic indicators for Q#, ####.

Privatization proceeds amounted to UAH ###.#mn (USD ##.#mn) in Jan-Oct, the State Property Fund has reported. UAH ###.###mn in budget revenues was generated from lease of the state property in the period of Jan-Oct.

Standard & Poor#;s Ratings Services has revised its outlook on the Autonomous Republic of Crimea and the cities of Dnipropetrovsk, Luhansk, Ivano-Frankivsk, Odesa and Lviv.

Manufacturer and exporter of leather goods, garments, shoes Desa Deri Sanayi informs in a filing with the Istanbul Stock Exchange that it decided to launch talks for exploring opportunities to acquire some or entire stake of Samsonite Europe NV in

The energy ministry may launch the second nuclear power plant tender in ####, according to daily Star . The ministry plans to complete the studies for the tender by Sep next year.

The winning consortium is expected to demand ## days extension to sign the concession agreement for Izmir port, according to financial daily Referans .

Ground handling services company Celebi informs that it started operations at Istanbul #;s Sabiha Gokcen International Airport . Consequently, the number of local airports the company provides ground services in the country increased to ##.

The Savings deposit and insurance fund (SDIF) announces that it will hold a new tender for broadcasting company Olay Medya on Nov ##. The minimum sale price for the company was set at USD ##.#mn.

The meeting between Dogan Yayin Holding and the finance ministry officials for the settlement of TRY #.#bn tax fine will take place on Nov ##, according to dailies Sabah and Zaman .

One of the largest commercial lenders, Akbank informs that the bank obtained the license to set up a company namely Akbank ( Dubai ) Limited in Dubai .

Private lender Turkiye Ekonomi Bankasi (TEB) improved its net profit by ##% y/y to TRY ###mn (EUR ##.#mn) in Jan-Sep. The lender also increased its net profit to TRY ##.#mn in Q#, representing a ##.#

Chairman of branch association, Uludag Tasit Araclari ve Yan Sanayi Ihracatcilari Birligi (UTAYSIB), Ferit Sunneli states that the ##.#% y/y increase in automotive and sub-industry products#; exports recorded in Oct is mostly due to the scrap incentive

Government spokesperson Cemil Cicek says the government will brief lawmakers on the Kurdish reforms on Nov ##. The government will inform the parliament regarding the measures it has already taken and steps will be taken to improve the rights of

The energy ministry may launch the second nuclear power plant tender in ####, according to daily Star . The ministry plans to complete the studies for the tender by Sep next year.

The meeting between Dogan Yayin Holding and the finance ministry officials for the settlement of TRY #.#bn tax fine will take place on Nov ##, according to dailies Sabah and Zaman .

One of the largest commercial lenders, Akbank informs that the bank obtained the license to set up a company namely Akbank ( Dubai ) Limited in Dubai .

Private lender Turkiye Ekonomi Bankasi (TEB) improved its net profit by ##% y/y to TRY ###mn (EUR ##.#mn) in Jan-Sep. The lender also increased its net profit to TRY ##.#mn in Q#, representing a ##.#

The state-owned pipeline company BOTAS may demand an increase, in the range of ##-##%, in natural gas prices in February, according to daily Zaman . Botas calculates that changes in exchange rates and rising oil costs will necessitate a

Foreign trade minister Zafer Caglayan expects exports to exceed USD ##bn both in November and December. Caglayan asserts that this year#;s exports will probably be above the government#;s USD ##.#bn forecast.

The Treasury will hold swap auctions on Nov #. The statement issued by the Treasury details that Mar #, #### paper will be bought back and Aug #, #### bonds will be issued.

Speaking at the parliament#;s budget and plan commission on the #### budget, finance minister Mehmet Simsek says that the government may consider increasing special consumption tax on certain items next year in order to meet revenues target.

Government spokesperson Cemil Cicek says the government will brief lawmakers on the Kurdish reforms on Nov ##. The government will inform the parliament regarding the measures it has already taken and steps will be taken to improve the rights of

The energy ministry may launch the second nuclear power plant tender in ####, according to daily Star . The ministry plans to complete the studies for the tender by Sep next year.

The meeting between Dogan Yayin Holding and the finance ministry officials for the settlement of TRY #.#bn tax fine will take place on Nov ##, according to dailies Sabah and Zaman .

One of the largest commercial lenders, Akbank informs that the bank obtained the license to set up a company namely Akbank ( Dubai ) Limited in Dubai .

Private lender Turkiye Ekonomi Bankasi (TEB) improved its net profit by ##% y/y to TRY ###mn (EUR ##.#mn) in Jan-Sep. The lender also increased its net profit to TRY ##.#mn in Q#, representing a ##.#

The state-owned pipeline company BOTAS may demand an increase, in the range of ##-##%, in natural gas prices in February, according to daily Zaman . Botas calculates that changes in exchange rates and rising oil costs will necessitate a

Foreign trade minister Zafer Caglayan expects exports to exceed USD ##bn both in November and December. Caglayan asserts that this year#;s exports will probably be above the government#;s USD ##.#bn forecast.

The Treasury will hold swap auctions on Nov #. The statement issued by the Treasury details that Mar #, #### paper will be bought back and Aug #, #### bonds will be issued.

Speaking at the parliament#;s budget and plan commission on the #### budget, finance minister Mehmet Simsek says that the government may consider increasing special consumption tax on certain items next year in order to meet revenues target.

According to new agency Reuters , Thailand#;s consumer price index (CPI) increased by #.#% y/y during October. This was the first y/y increase in the CPI since Dec ####.

According to the Korea Herald, figures of the Ministry of Knowledge Economy show that S Korea#;s exports decreased by #.#% y/y to USD ##.##bn and its imports decreased by ##.#% y/y to USD ##

According to news agency Reuters , a recent survey carried out by the Markit Group on behalf of HSBC showed that S Korea#;s purchasing managers#; index (PMI) declined to a seasonally adjusted ##.# in October from ##.# in September.

News agency Reuters reported that according to official data, S Korea#;s consumer prices increased by #% y/y in October. According to a recent survey by Reuters , the CPI was expected to rise by #.#% y/y.

According to the Business Times , a recent survey by the Economic Development Board (EDB) showed that Singapore#;s manufacturing sector business confidence had improved to the highest level since Q#/####.

According to the Manila Bulletin , Development Bank of the Philippines (DBP) President and CEO Reynaldo David stated recently that remittances from Overseas Filipino Workers (OFWs) would remain an important driver of the economy for at least seven more years.

According to the Jakarta Post, figures released by the Central Statistics Agency (BPS) show that Indonesia#;s inflation rate for October came in at #.##%.

According to the Jakarta Post , International Monetary Fund (IMF) Senior Resident Representative Milan Zavadjhe stated on Monday that the #### budget deficit target of #.#% of the GDP was appropriate to boost Indonesia#;s economic growth owing to the

According to the Financial Express , figures of the Reserve Bank of India (RBI) show that India#;s foreign exchange reserves amounted to USD ###.#bn as on October ##, an increase of USD ###mn during the week.

According to news agency Reuters , a recent survey by the Markit Group showed that India#;s purchasing managers#; index (PMI) declined to ##.# in October from ## in September.

According to Hong Kong#;s official website, figures of the Monetary Authority show that the assets of Hong Kong#;s exchange fund increased by HKD ##.#bn m/m to HKD#.###tn in September.

According to Hong Kong#;s official website, figures released recently by the Census and Statistics Department show that the value of Hong Kong#;s retail sales increased by #.#% y/y to HKD ##.#bn in September.

According to news agency Xinhua , the China Federation of Logistics and Purchasing (CFLP) stated last Sunday that China#;s purchasing managers#; index reading increased to ##.# in October from ##.# in September.

According to news agency Xinhua , Minister of Commerce Chen Deming stated last Sunday that China would maintain its proactive fiscal policy and its moderately easy monetary policy and would ensure a stable exchange rate for its currency.

Property company Incomax would invest in the construction of a new industrial park in the village of Velke Blahovo in western Slovakia , documents, submitted for an environment impact assessment, showed.

Oil transit company Transpetrol planned to invest in the construction of two new oil reservoirs near the border with Ukraine , according to the environmental impact assessment for the project.

The business environment in the country is worsening, the president of the Slovak Chamber of Commerce and Industry (SOPK), Peter Mihok, declared. He argued that the negative development could be attributed to the economic crisis and the government#;s policies

The economic recovery in Slovakia might take longer than earlier projected, the latest issue of the annual Transition Report of the EBRD commented. It noted that the economy was strongly dependent on a rebound of the EU economy due to

The state budget deficit reached EUR #.#bn for the Q#-Q# period, the finance ministry reported. It compared unfavourably to the initially planned EUR #bn deficit for the full year and to the EUR ###.#mn surplus, posted for

Russia#;s largest mobile telephony operator Mobile TeleSystems (MTS) decreased RAS net profit by ##.#% y/y to RUB ##.##bn (USD ###mn) in Jan-Sep, company reported.

Domestic natural gas output went down by ##.#% y/y to ###.#bn m # in Jan-Oct ####, the Industry and Energy Ministry reports. In August alone, natural gas output decreased by #.#% y/y to ##

Domestic oil and gas condensate output went up by #.#% y/y to ###.#mn tonnes in Jan-Oct, the Industry and Energy Ministry said. In October alone, output stood at ##.##mn tonnes, up by #.#% y/y.

As announced by CBR , it auctioned RUB ##.#bn (USD ###mn) of five-week unsecured loans on Nov # out of total of RUB ##bn proposed. The funds are going to be borrowed at an average rate of ##.##

According to data provided by CBR , the aggregate banking sector posted a net profit of RUB ##.#bn (USD ###mn) in September, after a RUB ##.#bn net loss posted in August.

RTS index decreased by #.##% w/w to ####.##pts during a trading week of Oct ##-## after three previous weeks of index growth. On Oct ## the index was #.#% higher m/m and ##.##

The three main political parties support own versions of the budget planning for ####, but the chances are slim to see any of them endorsed by early December, as recommended by the IMF, unless the Parliament moves surprisingly and endorses

The losses reported by the state-owned chemical plant Oltchim increased # times y/y to RON ###.#mn (EUR ##.#mn) in Jan-Sep while the revenues halved to RON ###.#mn (EUR ###.#mn).

The head of the main opposition party, leftist PSD (Mircea Geoana) and a major leader of the junior opposition party PNL (Varujan Vosganian) have both of them argues recently for a single national energy holding – as opposed to the minority

The banks accepted to buy at least part of the government#;s #-month treasuries issues launched yesterday at the maximum yield accepted of ##%. The success ratio was around ##% as the banks purchased RON ###mn (nominal value, or

The foreign exchange currency reserves at the central bank increased by only EUR ##mn (#.##% m/m) in October, as no tranche was disbursed under the EUR ##bn foreign financing package in the month, the central bank reports.

The IMF urged the ministry of economy to cut the subsidies disbursed to # of the ## monitored state owned companies and keep subsidising next year only the major mining company CNH and two railway companies – passenger transportation branch CFR

The health ministry does not plan to purchase vaccines for pandemic influenza A (H#N#) as it has doubts whether they are safe. Health minister Ewa Kopacz explains that the ministry does not want to base its decisions on rumours, but

The value of the Polish advertisement market decreased by ##.#% y/y to PLN #.##bn in Q#-#/####, media house Starlink has announced in its quarterly report.

Privatisation revenue might still rise this year by PLN #-#bn (EUR #.#-.##bn) vs. the current around PLN #bn, deputy treasury minister Adam Leszkiewicz has announced.

The finance ministry is not considering suspending the regulations on the so-called safety threshold of ##% in the public debt-to-GDP ratio for two years, the ministry#;s spokesperson Magdalena Kobos has announced.

The Purchasing Managers Index (PMI) rose to ##.#pts in October from ##.#pts a month earlier, Markit, a financial information services company, said in a communiqué on Monday.

The Consumer Price Index (CPI) in October was up by #.#% m/m, which means that the annual inflation figure was at #.#% vs. #.#% in September,####, the finance ministry has announced.

The government is considering restructuring or closing down the commodity exchange as it failed to serve as a connection between those that sell farming goods and the buyers, local media said quoting sources from the agriculture ministry.

Power producer Elektrani na Makedonija (ELEM) and power utility EVN Makedonija requested from the country#;s utility regulator increase of the electricity prices as of January.

The finance ministry tabled for voting in the parliament the draft #### budget, which envisages higher expenditures and a budget deficit of #.#% of GDP.

CPI continued its decline, which stood at #.#% y/y in October, a bit stronger that the #.#% y/y decrease from the previous month, the latest data of the statistical office shows.

The tourist company HTP Primorje ended the first half of the year with a net profit of EUR #.#mn, a statement from the company reads. Thus, it witnessed some improvement as it posted a EUR #.##mn loss in

The preliminary tender for construction of wind power plants has attracted some ## interested parties, which submitted non-binding offers, the economy ministry announced.

Railway company Zeljeznicka Infrastruktura Crne Gore (ZICG) reported loss of EUR #.##mn in the first nine months of the year, the company reported. The statement fails to elaborate on comparison figures.

Podgorica-registered real estate developer Black Sea Montenegro called a public offer for the acquisition of brewery Trebjesa. The bidder offers EUR ##.# per share, which is slightly more than the face value of the shares (EUR ##.#).

The Moroccan government will establish USD #bn solar energy project that would account for ##% of the country#;s installed power generation by ####, Energy Minister, Amina Benkhadra, said.