Kentucky Fried Chicken to open first Belgian outlet

Kentucky Fried Chicken to open first Belgian outlet

The American fast food chain Kentucky Fried Chicken is to open its first Belgian outlet next year. While our neighbours in France, Germany, The Netherlands and the UK have been able to purchase chicken encrusted in a batter made according to Colonel Sanders’ special recipe, Belgium has remained a KFC-free zone. However, this is set to change next year when the fast food chain will open its first restaurant somewhere in Brussels. The first buckets of chicken with 11 herbes and spices should be ready for sale sometime next May….

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Oil prices drop almost 4% on supply and global growth concerns

Oil prices drop almost 4% on supply and global growth concerns

Oil prices were under further strain on Tuesday following falls overnight amid persistent concerns over supplies and a broader fall this week in risk assets. Brent crude, the international benchmark, fell 3.7 per cent in early London dealings to $57.31 per barrel. West Texas Intermediate, its US counterpart, dropped by 4 per cent to $47.95, hitting the lowest level since September 2017. The latest leg lower in oil prices, down sharply from October’s peaks, was due “in large part” to broader market ructions on Monday, which saw global developed and…

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Orange selects Brussels as first Belgian city to receive 5G

Orange selects Brussels as first Belgian city to receive 5G

Orange Belgium has selected Brussels as the first city in Belgium where it will deploy the fifth-generation mobile network, 5G, the company’s director announced on Wednesday. Director Michael Trabbia made the announcement on Wednesday, on the margins of the Hello Show in Paris, where Orange presented many of its innovations. Belgium, along with France, will be among the first European countries where the 5G technology will be rolled out. According to Orange, this decision was made possible by an accord between the Brussels Government and mobile telephone operators that enabled…

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Three new freelancers in four happy to have taken the plunge

Three new freelancers in four happy to have taken the plunge

Three freelancers in four are happy to have taken the plunge into the world of freelancing and would do it again, according to a poll completed by 1,000 new freelancers in 2018. The poll was done by the human resources service Acerta and the results were published on Sunday. The Acerta study shows that 75% of freelancers who were asked about their early experiences are happy with their choice. 75% would do it again without hesitation, while 53% thought they were sufficiently prepared beforehand. On the contrary, one in four…

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Belgian and British electricity grids get connected

Belgian and British electricity grids get connected

From now on the Belgian and the UK electricity grids are connected thanks to an undersea cable. The Nemo Link was inaugurated on Wednesday. Belgium’s electricity distribution network was already connected to that of our neighbours The Netherlands, France and Luxembourg and work is currently underway on an electricity interconnector that will link up our country’s electricity grid to that of Germany. The company responsible for Belgium’s high tension electricity distribution network Elia and the British National Grid have been working on the cable for the past 10 years. The…

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Lowest net salaries have risen the most as a result of the tax shift

Lowest net salaries have risen the most as a result of the tax shift

According to figures from the advice and audit bureau Deleoitte; those on the lowest salaries have seen their net earnings rise the most as a result of the Federal Government’s tax shift. Those with a gross salary of 25,000 euro have seen their net income increase by 3,000 euro/annum since the first of the tax shift measures started to take effect three years ago. These figures tally with predictions made by Deloitte in 2015 just after the Federal Government had announced its tax shift plans. However, the tax shift has…

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“People who slog it out day in day out want a wage rise”

“People who slog it out day in day out want a wage rise”

The socialist trade union has warmed Belgian workers that in the next two years there is hardly any scope for wage increases. ABVV blames Belgium’s increasingly high inflation figure that together with the index mechanism is making Belgian labour more expensive than in neighbouring countries. The union adds that such a situation is unacceptable and could lead to social unrest. In the next two months employers and unions will get together to decide how much scope there is for wages to rise in addition to the regular index rises that…

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New €474 million co-operation package for Afghanistan

New €474 million co-operation package for Afghanistan

The European Commission has today announced a financial package worth €474 million to support state building and public sector reforms, health, justice, and elections, as well as to address migration and displacement challenges in Afghanistan. Commissioner for International Cooperation and Development, Neven Mimica, made the announcement today at the Geneva Conference on Afghanistan, signing the financing agreements with the Afghan Minister of Finance Mohammad Humayon Qayoumi*. Commissioner Mimica said: “The EU stands side by side with Afghanistan and its people to build a stronger future for the country. The EU’s…

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Colruyt is the cheapest supermarket chain in Belgium

Colruyt is the cheapest supermarket chain in Belgium

According to the annual price survey of the consumer watchdog publication Test Achats/Test Aankoop, Colruyt has been found to be the cheapest supermarket in Belgium for the tenth year in a row. However, the difference with the Netherlands-based retailer, Albert Heijn, is very small. A shopping cart with branded, private label and unbranded products, vegetables and fruit is only 1 percent cheaper at Colruyt than its Dutch rival. Those who do not buy fruit and vegetables are better off at Albert Heijn. Discounters such as Aldi and Lidl are not…

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Volvo Cars defers project to build Lynk & Co cars in Ghent

Volvo Cars defers project to build Lynk & Co cars in Ghent

The Swedish automobile manufacturer Volvo Cars has deferred its plans to build, as of the end of next year, Chinese cars of the Lynk & Co brand (subsidiary) in Ghent, Belga learned Wednesday from the company. This project has been deferred due to increasing volatility on the Chinese market and growing macroeconomic insecurity. According to Volvo Cars, this decision will have no impact on employment in the Ghent plant. The Lynk & Co brand was launched in 2015 by Zhejiang Geely Holding, owner of Volvo Cars. Ghent is the location…

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