Business Environment. The Parties consider that the business environment is an essential vehicle for economic development, and that the provisions of this Agreement are therefore geared towards achieving this common objective. The signatory Central African States, which are also signatories of the OHADA Treaty (Organisation for the Harmonisation of Business Law in Africa), undertake to apply and implement the provisions of this Treaty effectively and without discrimination.
Business Environment. The Parties consider that the business environment is an essential factor in economic development and that, consequently, the provisions of this Agreement shall be aimed at contributing to this common objective. Côte d'Ivoire, which is a signatory to the Treaty establishing the Organisation for the Harmonisation of Business Law in Africa (OHADA), reaffirms its commitment to applying the provisions of this Treaty. In accordance with the provisions of Article 4, the Parties undertake to work unremittingly on improving the business environment.
Business Environment. Recognising that the satisfactory business environment is an indispensable part of the attractiveness to investors, each ASEAN Member State and Japan will make the effort to improve the business environment and enhance co-operation in related fields.
Business Environment. The global mining industry has experienced an almost- unprecedented period of difficulty for more than a decade, where mineral and metal demand tumbled, metal prices reached exceptional lows, grades are declining in the remaining reserves/ore bodies which, coupled with rapidly rising costs, mean that stakeholder expectations are at odds with the industry reality. China, the global mineral commodity growth engine and major producer of some 29 minerals/metals, has also reduced its demand in line with its shift from infrastructural investment to consumer-led growth. In the long term, the growing demand for Electric Vehicles (EVs) globally, coupled with the growing recycling sector, will have major implications for future demand of minerals, mainly on Platinum Group Metals (PGMs) and technology metals, which will consequently impact on the South African economy. The mining industry’s project development pipeline, a key indicator of the demand for Mintek’s commercial services, has been slow in recent years but the geological exploration programmes and project investments appear to be beginning to enter a growth phase. Industry spend on capital development decreased to almost half in the four years to 2017. Although there are signs of an upward trend observable from 2018, it is too early to tell if the trend will be sustained going forward. Industry consensus was that 2017 was expected to be the start of the recovery of the industry from its current depressed state. This was seen to be the case with most commodity prices improving significantly from 2015, though some volatility within the markets exists. One notable event was the palladium price exceeding that of platinum. However, it should be borne in mind that demand for Mintek services may not be seen immediately since potential clients will need to focus on debt reduction, resume deferred construction and/or expansion and brownfields projects. Thereafter, consideration may be given to new greenfield projects and exploration programmes that will require the services of Mintek. It is therefore expected that this will create lag of between one to two years from recovery to the Client using Mintek’s services. In short, the weakened demand for Mintek commercial services evident over the past few years is expected to continue late into 2020. The continued changing global and local economic landscape require Mintek to reposition itself such that the business remains sustainable beyond the next decade. However, the...
Business Environment. 4. The Borrower has: (i) enacted amendments, satisfactory to the Bank, to the Bulstat Register Law, providing for a single identification number; (ii) adopted the Government’s Decision (Protocol No. 17, dated April 28, 2005) on approval of a strategy to transfer the business registration function from courts to non-judicial administrative bodies; and (iii) adopted COM Decision No. 419, dated May 10, 2005 on establishment of a working group, including representatives of the business community, to prepare draft regulations required for implementation of the strategy. Improving Governance
Business Environment. Each company uses important inputs from its surroundings, and the quality and availability of the inputs fundamentally influences the competitiveness of the company. Regulations, both general (e.g. procedures necessary to start up a business or export goods abroad) and sector- specific (e.g. rules for handling radioactive materials), are part of the business environment. The administrative demands for compliance with regulatory rules and related procedures are fairly high in the Czech Republic. In many aspects (see the World Bank report Doing Business, 2013) the Czech Republic is far behind OECD countries in terms of the duration and costs of various procedures associated with starting and running a business. Another problem is the instability of the tax and regulatory framework for businesses. The constant partial changes made to tax laws and regulatory rules present an enormous burden with regard to company planning, and increase uncertainty and the risks taken. The fulfilment of tax obligations in the Czech Republic is connected to high costs and is not sufficient. The issue of high administrative and partly regulatory burden is discussed in detail in the problem area Public Administration. A stable and growth-oriented tax and regulatory environment cannot be ensured directly by the ESIF, it will be addressed by complementary national measures in accordance with the National Reform Programme 2014. Another barrier to the development of competitive advantages of companies is the aforementioned insufficient cooperation of the public research sector and businesses. The availability of qualified workforce is unsatisfactory and it is connected to the decreasing quality of education at all levels, the situation in the market of technically qualified workforce is particularly problematic. The problems stated above, including the associated development needs, are described in detail in the chapter on Research and Innovation System and Education. 55 MPO (2012): Concept of Support for Small and Medium-Sized Enterprises 2014–2020.
Business Environment. To provide an environment and work culture that encourages integrated business and operational strategies that achieves maximum potential for commercial viability, business growth and the provision of an efficient, value added and reliable service to AER‘s customers.
Business Environment. The global mining industry is experiencing an almost- unprecedented period of difficulty – mineral and metal demand has tumbled, metal prices are exceptionally low, grades are declining, costs are rising and stakeholder expectations are at odds with industry reality. China, the global mineral commodity growth engine, has reduced its demand in line with its shift from infrastructural investment to consumer-led growth. Project development pipelines, the key indicator of demand for Mintek‟s commercial services, are emptying rapidly. Exploration and project investment are at very low levels. Industry consensus is that a recovery should become evident during 2017. However, it should be borne on mind that demand for Mintek services will lag this recovery by about 2 years, because initial attention will focus on reducing debt, and resuming deferred construction projects and xxxxxxxxxx expansions. Only after that will attention shift to new exploration and greenfield projects – those that require Mintek support services. In short, the weakened demand for Mintek commercial services evident over the past few years is expected to continue for at least another year.
Business Environment. 1. The Parties’ relevant authorities shall be encouraged to xxxxxx exchanges and enhance mutual understanding on verifying qualifications and standards of professionals. A feasibility study on “One examination for certification by three Parties” shall be conducted. Mutual support between pools of human resources and sharing of human resources information shall be fostered.
Business Environment. 7. Cabinet approval and submission to Parliament of a new commercial code and private and public companies code reflecting prevailing international standards in the area, in accordance with paragraph 41 of the Letter of Development Policy.
