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  • Moroccan Economy in brief of 05/01/2017: PSA Joins Forces with Ericsson and Orange to Test 5G

Moroccan Economy in brief of 05/01/2017: PSA Joins Forces with Ericsson and Orange to Test 5G

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1. HCP forecasts: Growth rate of 3.9% at the end of March: "The national economy would have increased by 1.2% in the fourth quarter of 2016, instead of + 0.8% a quarter earlier. In the first quarter of 2017, the growth rate of non-agricultural added value would accelerate slightly to 2.7%. With an 11.1% increase in agricultural value added, the national economy would increase by 3.9% in the first quarter of 2017, instead of + 1.7% a year earlier. The HCP (High Commission for Planning), pointing out that this modest increase would have been mainly driven by secondary activities , After a substantial deceleration in the third quarter, as a result adding non-agricultural value added by 2.5%, year on year, from 1.9% in the previous quarter ''.


2. Botswana supports the return of the Kingdom to the African Union: "Botswana is one of the countries supporting the return of Morocco to the African Union (AU), said on Tuesday in Rabat. Minister of Foreign Affairs and International Cooperation of Botswana, Pelonomi Venson, said: "It is only by working together that we will be able to minimize the obstacles hindering the pursuit of good opportunities for our peoples," Mrs Venson emphasized. A statement to the press following an interview with the Minister of Foreign Affairs and Cooperation, Salaheddine Mezouar ".

 

3. The United Nations presents its condolences to the Kingdom after the death of two Moroccan soldiers of the Minusca: On Wednesday, The United Nations presented their condolences to Morocco following the death on Tuesday afternoon of two Moroccan soldiers belonging to the contingent of the Royal Armed Forces (FAR), the United Nations Integrated Multidimensional Stabilization Mission in the Central African Republic (MINUSCA) in an armed attack near the town of Bria, northeast of Bangui. "We express our condolences to the people and government of Morocco," said UN spokesman Farhan Haq. Of the daily press briefing.The attack was perpetrated by an unidentified armed group against a patrol of the FAR contingent of the Minusca, who was on an escort mission from a UN logistics convoy in the southeast Of the city of Bria, place of establishment of the contingent of the FAR ".

 

4. Handicrafts are accelerating by 2.5 times the pace in 2016: "The crafts sector achieved good export performance in 2016. Shipments grew by 16%, more than twice, and Half the pace of 2015 (6%), a level unprecedented over the past 15 years, according to the Department of Craftsmanship, which improved after a rather average 2015 and a double-digit increase (14%) in 2014. " Performance shows that the diversification efforts of the markets which have been deployed have been well felt. "In this board, the US market begins to weigh on export turnover, positioning itself The first customer of Moroccan craftsmanship. This is also the case for the Arab countries, whose demand for Moroccan handicrafts is constantly growing and African countries which have distinguished themselves by strong growth among Markets ".


5. Signing of a Memorandum on the Training of Moroccan Media Professionals: "A Memorandum on the training of Moroccan media professionals On issues of international refugee protection, was signed in Rabat on Tuesday by the Office of the United Nations High Commissioner for Refugees (UNHCR) and the Higher Institute for Information and Communication (HIIC). Through this Memorandum, the UNHCR office and HIIC will work together by organizing internships and training courses. We should also note the setting up of joint projects, notably information videos for refugees relating to the reality in Morocco, to procedures and to assistance programs of the government and UNHCR, among others. HIIC Director Abdelmajid Fadil said that "this partnership agreement is an opportunity for Masters Communication and Migration students to associate themselves with UNHCR projects so that they have more control over migration issues ".

 

6. Adoption of a new stamping system for red meat from 1 January: "The National Food Safety Authority (ONSSA), on Tuesday, announced that it has adopted a new stamping system for red meat from 1 January 2017. As part of the missions to ONSSA, This new system will enable consumers to ensure that the meat marketed has been subjected to veterinary sanitary control and recognize the quality and animal species of meat for the supply of safe and quality meats, says ONSSA in a press release . This new system will be adopted at approved slaughterhouses, controlled municipal slaughterhouses and controlled killings (weekly souks) ".


7. The RIC launches the study "Post creation" of companies: "The" Post creation "study of companies created through the Casablanca-Settat Regional Investment Center (RIC) was launched on 3 January in the wilaya of the region. This is a comprehensive and comprehensive radioscopy of the companies concerned. According to the RIC, four phases are currently planned. The objective is to objectively measure the development and mortality rate of companies. The second phase will identify the main endogenous and exogenous factors, explaining the evolution of these enterprises through a survey of a representative sample ".


8. PSA joins forces with Ericsson and Orange to test 5G: "Ericsson, Orange and the PSA group signed a partnership agreement yesterday, on Wednesday, January 4. It concerns technical experimentation around 5G technology in order to validate its "This partnership with the connected vehicle, as part of the Towards 5G initiative, aims to take advantage of the technological evolution from 4G to 5G in order to meet the needs of the connected vehicle, in particular In terms of Intelligent Transport System (ITS) for safer driving and new embedded services, "said the three partners in a joint statement. This initiative will focus on defining communication architectures between vehicles (V2V) and between a vehicle Vehicle and another element (V2X), as well as the real-time performance needed to deploy an ITS system and services connected in vehicles. "


9. L'Oreal innovates again in "connected beauty": "This is what should pack young consumers." L'Oréal, the global specialist in the cosmetics industry, announced the launch of a connected brush, a new technological innovation according to Reuters, the brush, which received the international innovation prize at the CES Las Vegas consumer electronics fair, is signed by Kérastase, L'Oréal's brand of hair products sold in salons In partnership with Withings (Nokia Group) and the San Francisco-based L'Oréal technology incubator. "The mission of the incubator is to bring out innovations capable of bringing new services and new types of 'Experiences in beauty', told Reuters Guive Balooch, director of the incubator created in 2012 in San Francisco.


10. Volvo lined up in its own market: "The iconic automaker Volvo is dethroned in its own market. The best-selling car of the year in Sweden has not been a Volvo for the first time in more than half a century, but the Volkswagen Golf announced on Monday the professional organization of the sector, quoted by AFP . The famous German compact represented 5.9% of the new market in 2016, ahead of three Volvo models, the most popular being the V70, S90 and V90 (grouped into a single category, 5.7% of the market). "It has been 54 years since another brand than Volvo did not reach the top of this ranking. This was the last time in 1962, and at the time also a Volkswagen was leading, namely ladybug, "said Volkswagen Sweden in a statement.


11. Samsung Electronics is negotiating an agreement with LG: "South Korean giant Samsung Electronics is discussing with its compatriot LG Display an agreement to supply LCD panels for television screens, reports the South Korean news agency Yonhap, quoted by Reuters. "Nothing has been decided yet, but the two companies are discussing carefully and seriously," Kim Hyun-suk, head of Samsung's TV business, told the Yonhap news agency in the margins of the CES. The electronics of Las Vegas. According to Reuters, the Japanese daily "Nikkei" reported in December that a joint venture between the Taiwanese Hon Hai Precision Industry and the Japanese Sharp would end in 2017 the supply of LCD panels to Samsung.

 

 

 

Crédit : IMPERIUM MEDIA