E-commerce services have become integral to the global economy, and Singapore is no exception. In recent years, the city-state has witnessed remarkable growth in its digital economy, significantly contributing to its GDP. In 2022, Singapore’s digital economy played a pivotal role, contributing more than 17.0% to its GDP, highlighting its robust growth. Therefore led to …
Singapore’s Economy: The Role of E-commerce Services Read More »
In the ever-evolving landscape of global trade and economic cooperation, business leader Felix Sutter, President of the Swiss-Chinese Chamber of Commerce (SCC), stands as a beacon of optimism for the 10th anniversary of China’s ambitious Belt and Road Initiative (BRI). Furthermore, Sutter’s insights shed light on the significance of this monumental project in revitalising ancient …
Business Leader: Belt and Road Initiative Advocate Read More »
The much-awaited Cricket World Cup 2023 has finally arrived, and it promises to be a thrilling cricketing extravaganza and a game-changer for India’s economy. The upcoming cricket matches have economists and enthusiasts eagerly anticipating a boost of 220 billion rupees for India’s economy. This article delves into the tournament‘s economic impact, expected viewership, and potential …
Cricket World Cup 2023: Boost for India’s Economy Read More »
Georgia’s Foreign Minister, Ilia Dachiashvili, has embarked on a two-day visit to Strasbourg, marking a pivotal moment in EU integration. During his visit, he engaged in fruitful discussions with key EU figures, marking another step forward in the Georgia EU aspirations. This article delves into Georgia’s latest developments and prospects in the EU. Georgia’s Commitment …
In today’s ever-evolving economic environment, countries must continually adapt and innovate to address the economic problem of sustainability. Cambodia, a nation once heavily reliant on its garment industry for exports, has embarked on a transformative journey towards economic sustainability. The Regional Comprehensive Economic Partnership (RCEP) agreement, effective since 2022, has played a pivotal role in …
Economic Sustainability: Cambodia’s RCEP Journey Read More »
Recent developments have brought relief and fresh concerns in the dynamic landscape of EU economy news. In September, the annual rate of consumer price growth in the Euro area saw a significant drop to its lowest level in nearly two years, according to preliminary data from the EU statistics office Eurostat. EU Economy: Easing Inflation …
In the ever-evolving landscape of global economic activity, some nations emerge as stars, transcending expectations and defying economic models. Guyana, a South American gem with a population of around 800,000, is currently at the forefront of this economic revolution. Bolstered by its thriving oil production and export sector, this nation is poised to rewrite the …
Power of Economic Activity: Guyana’s Meteoric Rise Read More »
In the wake of the China crisis that saw a period of economic turbulence marked by sluggish retail spending growth, plummeting real estate prices, and industrial productivity, the world has been closely monitoring the trajectory of the world’s second-largest economy. Recent developments in the Chinese economy paint a promising picture, signalling the emergence of a …
The swift economic expansion of India, outpacing other major economies, faces a challenge as rising household debt obligations erode the purchasing power of consumers. This trend, highlighted by recent Reserve Bank of India data, has become a significant concern for the robustly expanding economy. This article explores the financial struggles of the typical Indian family …
The Indian Family Debt Crisis: A Sobering Analysis Read More »
Georgia’s strategic position and commitment to energy security make it a key player in ensuring a stable EU energy supply. Jubo Turashvili, from Georgia’s Ministry of Economy, emphasized the country’s strategic location and dedication to bolstering Europe’s energy security. The commitment made at the Annual Caspian Business Forum in New York underscores the importance of …
Economic activity is a topic of paramount importance, especially in today’s interconnected world. Recent developments in China’s economic indicators have sparked concerns among economists worldwide. The world’s second-largest economy has encountered a sluggish growth rate in the second quarter of this year, following a challenging three-year period marked by stringent COVID restrictions. This article delves …
China’s Economic Activity and Global Implications Read More »
Chinese banks play a pivotal role in the country’s economic landscape, influencing everything from interest rates to mortgage pricing. Recent developments in China, such as a stabilising economy and a weakening yuan, have important implications for these financial institutions. In this article, we will delve into the significance of these factors on Chinese banks and …
In recent years, China’s economic landscape has been shrouded in the phrase “stable with good momentum,” a slogan used by Chinese authorities to paint a rosy picture of their nation’s economic performance. However, beneath this official narrative, the reality is quite different. The China crisis, characterised by a slew of economic woes, demographic challenges, and …
In a recent report released by the Future Social Care Coalition (FSCC), titled “Carenomics,” a compelling case is made for increased UK government investments in the social care sector. This report underscores a well-funded social care system’s pivotal role in powering economic growth. The report also sheds light on the significant impact of an underfunded …
Impact of UK Government Investments in Social Care Read More »
In the ever-evolving landscape of the China economy news, keeping a close eye on China’s economic performance is crucial. The latest data from the National Bureau of Statistics reveals promising developments in the New China. In this article, we delve into the recent statistics that show China’s retail sales and industrial production exceeding expectations in …
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