The Dutch economy continues to grow strongly and economic growth is even accelerating, according to Statistics Netherlands. In the second quarter the Dutch economy grew by 0.7 percent compared to the first quarter of this year. The stats office attributes the accelerating growth to foreign trade and higher investments.
Dutch bank Van Lanschot wants to get rid of customers who do not invest with the bank. The private bank is advising these clients to rather go to Rabobank, Financieele Dagblad reports based on a letter Van Lanschot sent to clients.
A spokesperson for the bank confirmed to NU.nl that Van Lanschot contacted customers who do not have an investment account with the bank. In time the bank wants to say goodbye to these customers.
The Dutch economy grew by 3.1 percent in 2017, the strongest growth in 10 years, Statistics Netherlands reported on Wednesday.
In the last quarter of 2017, the economy's growth decreased somewhat, but was still strong at 2.9 percent compared to the last quarter of 2016. Compared to the third quarter of 2017, the GDP grew by 0.8 percent.
Investments and exports in particular contributed to economic growth in the fourth quarter. Household consumption decreased somewhat, but the industry grew more.
The aldermen form the Randstad want more money to be invested for the light rail, the rapid transit railway in the Randstad. If that doesn't happen, they fear that the public transport will be paralyzed within 10 years.
NOS conducted a study asking the councilors form municipalities in the Randstad how they pictured the development of the light rail. The questions concerned the actual plans and whether the investments by the Rijksoverheid (the central government) behind it were sufficient.
Crowdfunding, crowd financing, and crowd investing in the Netherlands showed strong growth of 31 percent last year compared to 2016 figures when 170 million euros was raised. A total of 223 million euros was raised through Dutch crowd initiatives last year, which financed over 5,300 separate actions, according to an analysis from CrowdfundingCijfers.nl
The Dutch economy will grow by 3.1 percent next year, according to the Netherlands central planning office for economic policy CPB. "Such growth percentages have not occurred since 2007", CPB said, NU.nl reports. "Because of the persistently high growth, there will be a boom in the coming year."
Initial Coin Offerings are a very risky, but potentially very rewarding form of capital raising provided that it is allowed to develop properly, according to Edan Yago, CEO and founder of Epiphyte. And for this to happen, the Dutch government and authorities should let ICOs develop unhindered, without stymieing innovation by applying new regulations onto this young field. "They should stand to the side and allow ICOs to develop", Yago said to NL Times.
Municipal public transit company GVB is calling on Amsterdam to commit to building another new subway line in order to keep up with the city's growth. In addition to the new Noord-Zuid subway line set to start operating next year, an Oost-West line will also be needed, GVB director Alexandra van Huffelen said in an interview with NRC.
Amsterdam made it to fourth place in a ranking of Europe's most dynamic cities by Savills Investment Management. The ranking shows which cities are most suitable for commercial real estate investments. London, Paris and Cambridge are the top three most dynamic cities on the continent, Het Parool reports.
The Dutch economy will grow by 2.5 percent this year - the highest growth in a decade, Dutch central bank DNB expects. The economy is doing better in all aspects, but wages are still lagging behind, the bank said in its latest estimate on Monday, NOS reports.
DNB's expectations are rosier than the central planning office CPB's estimates in March. The CPB then predicted economic growth of 2.1 percent. The office is releasing its latest estimates on Wednesday. The Dutch government uses CPB estimates to make its policy.
Accenture decided to invest 500 thousand euros into the Netherlands' RoboValley, a Delft based "innovation hub" focused on robotics, the two parties announced in a press statement on Monday
The Dutch economy grew 0.5 percent in the first quarter of this year, compared to the last quarter of 2015, according to figures Statistics Netherlands released on Friday. The growth rate is the same as the initial figures published in May.
The Dutch student start-up, Sodwan has received an initial 2.1 million euro investment into their banking app that will allow instant bank transfer in the Netherlands. The company wants to offer a payment service that can transfer money directly and instantly to another account, 24 hours a day.
Business confidence in the Netherlands is at the same level now as at the beginning of the previous quarter, reports Statistics Netherlands. It is remaining positive for the sixth consecutive quarter. Confidence further increased in trade and construction.
The Dutch economy grew for the fourth consecutive quarter, as the figures for the first quarter published by Statistics Netherlands show. The growth amounted to 0.4 percent as compared to the last quarter of 2014. Compared to one year before, the size of taThe Dutch economy grew for the fourth consecutive quarter, as the figures for the first quarter published by Statistics Netherlands (CBS) show. The growth amounted to 0.4 percent as compared to the last quarter of 2014. Compared to one year before, the size of the Dutch economy increased by 2.4 percent.he Dutch economy increased by 2.4%.
Housing prices are expected to remain constant, or increase only slightly, in a substantial part of the Netherlands. The conclusion was reached by economists at the ING Group in their investigation into the Dutch housing market, the researchers told broadcaster NOS.
The Dutch economy is continuing signs of recovery, posting growth of 0.5 percent in the last quarter of 2014, according to official bureau Statistics Netherlands (CBS). This is now the third consecutive quarter where growth has been measured, the CBS reported on Friday.
The global payment technology firm Adyen has announced on Tuesday that the company has taken on €250 million in investment. The successful securities offering was lead by growth equity investor, General Atlantic, in collaboration with Temasek, Index Ventures and Felicis Ventures.
The industrial sectors in the Netherlands can expect to see growth in investments of about 15 percent in 2015, official government agency Statistics Netherlands (CBS) reported Monday. Investment is expected to climb even higher for chemical product manufacturers and refineries, which are expected to see an increase of 23 percent to a total of two billion euros.
The customers of ABN Amro and Rabbobank will pay more in banking fees next year. The fees for these two banks increase by an average of 5 percent.
New measures to protect The Netherlands from flooding and to secure fresh water have been taken up in the new Delta Plan, which is receiving €20 billion in investment over the next 30 years, De Volkskrant reports.
Schiphol airport reports a healthy growth in the number of passengers traveling through the airport. In the first half of this year, there was a four percent growth compared to the same period last year, with 25.7 million people coming through the airport.
Dutch supermarket chain Albert Heijn is suffering under the growth of other chains like Jumbo and Lidl, according to quarter figures from mother company Ahold. Profits at Ahold dropped from €206 to €147 million last quarter while turnover dropped more than four percent to 7.4 billion, the NOS reports.
Schiphol is investing €500 million in a new airport terminal and runway to be opened in 2018, construction magazine Cobouw announces. The airport is also hoping to become one of the most sustainable airports in the world, De Telegraaf reports.