A recently released 2018 study by moving services company Movinga, entitled "Best Cities to Find a Job," reveals that Budapest ranks in 58th place out of 100 cities surveyed, with high economic strength but a low immigration score, according to a press release sent to the Budapest Business Journal.

The Hungarian government is set to grant a total of HUF 25 billion in credit to the Republic of Kenya and Cape Verde, according to a report by Hungarian online business news portal mfor.hu.

The Hungarian Civil Liberties Union (HCLU) and the International Network of Civil Liberties Organizations (INCLO) are to launch their report "Defending Dissent - Towards State Practices that Protect and Promote the Rights to Protest," according to a press release sent to the Budapest Business Journal.

As expected, the Monetary Council of the National Bank of Hungary (MNB) decided once again to keep the central bankʼs key rate on hold at 0.90% at a monthly policy meeting on Tuesday, national news agency MTI reported.

The Government Debt Management Agency (ÁKK) sold HUF 56 billion of discount three-month T-bills at auction on Tuesday, raising its original offer by HUF 6 bln on strong demand from primary dealers. 

While quite common in Western Europe, it is rare in Hungary for companies to post ads for open positions with salary information, with only 7% of ads containing the salary and other benefits of the position. However, on average, 47% more people apply for such ads, according to research by job search site Profession.hu.

Coca-Cola Hungary has announced the appointment of Péter Kerekes as its new country manager, effective November 1, bringing his two decades of marketing experience to the company, according to a press release sent to the Budapest Business Journal.

The stock of fine-tuning FX swaps of the National Bank of Hungary (MNB) will remain at around HUF 1.987 trillion after a tender on Monday, data released by the central bank shows, as reported by state news wire MTI. 

The development of Agora Budapest at Árpád Bridge has entered a new stage, as developer HB Reavis celebrated its agreement with Raiffeisen Bank and the project itself with the laying of the foundation stone of the project, according to a press release sent to the Budapest Business Journal.

The 2018 edition of the annual IMD World Talent Ranking, which assesses the extent to which countries develop, attract and retain talent to sustain the pool that enterprises employ to create long-term value, has been released, ranking Hungary in 49th place out of 63 countries, up five spots since last year.

Eastern Europe’s chronic labor shortage is feeding into corporate takeover activity, with some companies making acquisitions to snap up skilled workers or obtain expertise needed to expand their businesses, news agency site reuters.com reports.

The Government Debt Management Agency (ÁKK) sold HUF 50 billion of discount six-week T-bills at a liquidity auction on Monday, raising its original offer by HUF 10 bln, state news wire MTI reported.

A monument by Uzhhorod artists Bogdan Korzh and Mihailo Korotko, remembering the victims of the Holodomor, the man-made Ukrainian famine of 1932-33, has been inaugurated on Dóm tér in Szeged, according to a press release on official Hungarian government website kormany.hu.

In mid-December, Altera will reach an important milestone in its transformation as Wallis’s automotive group enters the Budapest Stock Exchange (BÉT) via the corporation. Important decisions await shareholders at a general meeting on December 17, notes a press release sent to the Budapest Business Journal. 

According to data on the website of the National Bank of Hungary (MNB), general government consolidated gross debt according to the convergence criteria set out in the Maastricht Treaty was 70.9% of GDP at the end of Q3 2018 at nominal value, with net lending equal to -2.2% of Hungary’s GDP in the four quarters to Q3 2018.

The Deputy State Secretariat for Migration Challenges of the Ministry of Foreign Affairs and Trade will organize the 11th Human Rights Forum on November 27-28, bringing together national and international human rights experts, representatives of governments, international organizations and civil society.

K&H Bank Group Hungary registered net revenues of HUF 45.1 billion in the first nine months of 2018, with K&H Insurance reporting a net result of HUF 3.2 bln, according to a press release sent to the Budapest Business Journal.

Two startups that participated in mentoring agency Design Terminalʼs Innovation Bootcamp are preparing for cooperation with Knorr-Bremse Rail Systems Budapest, according to a press release sent to the Budapest Business Journal.

Hungary now backs Croatiaʼs accession to the Organisation for Economic Co-operation and Development (OECD), Croatian Minister of Foreign and European Affairs Marija Pejčinović Burić said in an interview published in Saturdayʼs issue of Croatian daily Večernji list, Hungarian news wire MTI reported.

The government decided to transfer HUF 5.83 billion with immediate effect from budget money set aside to provide finance for European Union tenders towards the financing of sports related and other developments, Hungarian news agency MTI reports.