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EU May Withdraw Digital Tax Plan, Easing Pressure on U.S. Tech Giants
Industry News
Foreign media reported on July 15 that the European Commission has formally withdrawn its plan to impose a digital tax on major tech companies during the latest budget negotiations. The decision is seen as a key compromise in EU-U.S. trade talks, temporarily relieving U.S. tech giants like Apple and Meta from heavy tax pressures, while the EU paves the way for broader trade agreements by adjusting its fiscal strategy.more
DCSA Unveils 2025-2030 IT Strategy to Strengthen Defense Digital Ecosystem
Industry News
The Defense Counterintelligence and Security Agency (DCSA) on July 9 released its 2025-2030 IT Strategic Plan, outlining six core objectives to modernize defense cybersecurity, enhance data-driven decision-making, and foster collaboration with industry and academia. The initiative aims to create a secure digital ecosystem aligned with the Pentagon’s broader digital transformation goals, particularly supporting the Department of Defense’s (DoD) Chief Digital and AI Office (CDAO) in advancing AI integration and governance .more
Industry News
SAO PAULO, Brazil, June 25 (News Wire) – Brazil's retail sector staged a recovery in May, with foot traffic at physical stores rising 1.86% year-on-year, marking a significant turnaround from April's 3.99% decline. This rebound was primarily fueled by a robust 3.8% surge in street commerce, according to Seed Digital's Retail Purchase Intent Index (IICV Seed).more
Industry News
Online pharmaceutical sales in Russia soared by 35.7% year-on-year in the first quarter of 2025, reaching 139.5 billion rubles, triple the average growth rate of the sector. This marked the first time online drug sales accounted for over 1.15% of the total pharmaceutical market share.more
Global Toy Market to Hit $446B by 2032, Fueled by Tech & Shifting Trends
Industry News
The global toy market is poised for steady growth, projected to rise from $316.14 billion in 2024 to $445.97 billion by 2032, at a compound annual growth rate (CAGR) of 4.33%, according to latest insights.more
Portugal: A Blend of Economic Stability and Tourism Excellence
Industry News
Portugal often sparks debates about its economic status, yet it stands as a nation with a well - developed economy and a thriving tourism sector. Positioned as the 49th largest economy globally, it has carved out a unique niche in the international economic landscape, combining solid economic fundamentals with a vibrant industry that attracts millions of visitors annually.more
Portugal: A Middle - Tier EU Economy with Textile Industry Roots
Industry News
As a medium - developed country within the European Union, Portugal holds a distinct economic position. While it has made significant progress across various sectors, its industrial base remains relatively weak. However, one area where the nation has a notable historical and contemporary presence is in the textile industry.more
Portugal: A Powerhouse in the Global Wine Landscape
Industry News
Nestled along the Iberian Peninsula, Portugal has firmly established itself as a significant player in the world of wine. Ranked tenth globally and fifth in Europe, the nation's wine - making heritage, diverse grape varieties, and expansive vineyards contribute to its prominent standing in the international wine industry.more
Amazon Expands Same-Day and Next-Day Delivery to Over 4,000 U.S. Towns and Rural Areas
Industry News
On June 24th, Amazon announced a major expansion of its rapid delivery services to more rural regions across the United States, marking a significant step in its efforts to bridge the urban-rural logistics gap. The e-commerce giant revealed plans to offer same-day or next-day delivery to over 4,000 small cities, towns, and rural communities by the end of 2025, bringing faster shipping options to areas that have long faced slower delivery timelines compared to urban centers.more
Vinhos - Verdes: Portugal's Largest Wine - Producing Region
Industry News
Vinhos - Verdes, located in the northwest of Portugal, is the country's largest wine - producing region by volume. Its wines are highly distinctive, captivating wine lovers with their unique charm.more
Portugal: A Global Heavyweight in Mold Manufacturing
Industry News
Portugal has firmly established itself as one of the world’s leading mold producers, ranking eighth globally in mold supply. The country’s prowess in precision engineering and industrial innovation has made its mold manufacturing sector a cornerstone of excellence, catering to some of the most renowned multinational corporations across various industries.more
Industry News
June 25 - Indonesia is planning to introduce a new regulation that will require e-commerce platforms such as TikTok Shop, Shopee, and Lazada to withhold 0.5% sales tax from small and medium-sized sellers with annual turnover ranging from 500 million to 4.8 billion Indonesian rupiah (approximately 30,000 to 300,000 US dollars). The move aims to alleviate the country's weak tax revenue and balance competition between physical stores and e-commerce businesses.more