Economic growth
Shanghai Municipality's Putuo District has been driving economic growth through cultural innovation, prioritizing the development of state-owned enterprises and the dissemination of Xi Jinping's cultural thoughts. On September 8, Hu Guangjie, Secretary of the Pudong District Committee, visited the Hero Group to conduct research and provide
Economic growth
South Africa's economic growth has deteriorated significantly over the past two decades, with the country experiencing a remarkable decline in productivity and investment growth. A new report by the Bureau for Economic Research (BER) cites the impact of state capture and corruption as major contributors to this decline,
Economic growth
Prime Minister Pham Minh Chinh has signed a telegram directing the implementation of fiscal and monetary policies to improve their effectiveness and meet the capital needs of the economy. The Prime Minister has set several key tasks and solutions to achieve economic growth targets in 2025, aiming for a growth
Economic growth
As Asia faces increasing pressure to decarbonise while meeting growing electricity demand, countries in the region are taking unique paths toward achieving these goals. Thailand, for instance, is committed to achieving carbon neutrality by 2050 and net-zero emissions by 2065, while also experiencing economic growth and industrial expansion that increases
Economic growth
The major stock markets in Canada and the US surged to new highs on Tuesday, as energy stocks climbed and expectations of a rate cut from the Federal Reserve bolstered investor confidence. The S&P/TSX composite index rose to a record high, while the S&P 500
Economic growth
Vice-President Kashim Shettima emphasized the significance of President Bola Tinubu's economic reforms, highlighting that they demonstrate the power of political will in driving policy change. Shettima made these remarks at the 66th Annual Conference of the Nigerian Economic Society (NES) in Abuja. He stressed the need for African
Economic growth
To achieve its ambitious target of 8.3-8.5% GDP growth in 2025 and lay the groundwork for double-digit expansion in subsequent years, Prime Minister Pham Minh Chinh has issued an Official dispatch. This directive emphasizes the importance of sustaining macroeconomic stability while driving economic growth. The dispatch outlines key
Economic growth
The Prime Minister of Vietnam, Pham Minh Chinh, has issued an Official Dispatch setting forth directions for the coordination of fiscal and monetary policies. The document, dated September 7, aims to sustain macroeconomic stability while driving economic growth to achieve the 2025 GDP growth target of 8.3-8.5%. The
Economic growth
The future of Africa's economy depends on empowering its cities and regions, rather than relying solely on national governments, said Prof Benedict Oramah, President and Chairman of the African Export-Import Bank (Afreximbank). In a speech at the 5th African Sub-Sovereign Governments Network (AfSNET) Business Engagement Programme, Prof Oramah
Economic growth
Vietnam's economic growth demonstrates resilience in the face of ongoing global challenges, with the country's GDP expanding by 7.5% in the first half of 2025. This growth rate is significantly higher than its regional peers, reflecting the country's strong momentum and its position
Economic growth
Amid global economic shifts and mounting domestic challenges, Thailand's banking industry is entering a period of declining interest rates, which is set to squeeze its core revenue streams. The sector's net interest margin is expected to decline, while slower economic growth heightens the risk of loan
Economic growth
The John S. and James L. Knight Foundation announced $19.8 million in new investments to advance Detroit's arts and tech economy, civic infrastructure, and public spaces. This commitment builds on decades of partnership to support the city's revitalization and expands Knight's investments from
