Economic growth
As the Consumer Price Index (CPI) dropped significantly to just 3% in August 2025, UBG Patron-in-Chief SM Tanveer has called for a reduction in interest rate to 6%. Tanveer emphasized that with inflation under control, maintaining the current policy rate of 11% is no longer justified, as it is choking
Economic growth
The sharia economy has taken center stage in Eastern Indonesia, particularly in West Kalimantan, where initiatives are underway to drive growth, unlock opportunities, and foster economic transformation. The Sharia Economic Festival (FESyar) 2025, held in Pontianak, brought together local communities, Islamic boarding schools, and micro, small, and medium enterprises (MSMEs)
Economic growth
Kenya's economy is on the cusp of growth, with the Parliamentary Budget Office (PBO) forecasting a 4.8 per cent expansion in 2025. This forecast is tempered by potential domestic and global risks that could dampen economic performance. The PBO has highlighted the need for timely implementation of
Economic growth
Economic growth in Uganda is often discussed in terms of the role of the private sector, but the input of the government in stimulating aggregate demand cannot be overstated, particularly during economic downturns. Government expenditure can fill the gap left by declining private sector demand, driving output and employment. However,
Economic growth
As one of the world's largest democracies, Indonesia has always had its share of protests and demonstrations. However, the government has consistently strived to be responsive to criticism and public input, as emphasized by Deputy Speaker of the People's Consultative Assembly (MPR) Eddy Soeparno. Recent protests
Economic growth
A recent study published in the journal Discover Sustainability has shed light on the intricate relationship between carbon dioxide (CO2) emissions, foreign direct investment (FDI), and economic growth in Asian countries. The research, conducted by a team of scientists from Ho Chi Minh City Open University, employed the fixed-effect (FE)
Economic growth
The Tunisian government, under the leadership of Prime Minister Sarra Zaafrani Zenzri, has recommended strengthening the pillars of the social state to boost economic growth and reduce unemployment. The recommendations include new public sector recruitments, continuing the site workers settlement programme, combating precarious employment and sub-contracting, and promoting decent work
Economic growth
In the face of moderating economic growth and inflation approaching target levels, the Bank of Canada is expected to continue reducing interest rates. This shift has significant implications for Canadian businesses with manageable debt loads, as lower rates can serve as a potent catalyst for growth and profitability. Companies with
Economic growth
World Entrepreneurs Day was marked with significance in Lesotho, where Khaya Ventures, alongside the global community, celebrated innovation, enterprise, and inclusive development. This year's celebration culminated under the theme "Unlocking Entrepreneurial Potential in Lesotho and Beyond," emphasizing the need for collaborative efforts to break down barriers
Economic growth
Zimbabwe is endowed with critical mineral resources such as lithium, gold, platinum, chrome, and diamonds, representing a strategic opportunity to drive sustainable economic growth, industrialization, and job creation. However, the country remains economically underdeveloped, highlighting a fundamental issue in the governance of mineral resources. The Government's recent classification
Economic growth
HNB Finance, a leading integrated financial services provider in Sri Lanka, has reinforced its commitment to driving sustainable economic growth through the successful completion of its 'Financial Literacy for Development' workshops in Wennappuwa and Nawalapitiya. The workshops, facilitated by the respective branch teams, aimed to equip micro and
Economic growth
Pakistan's Finance Minister Muhammad Aurangzeb emphasized the country's commitment to strengthening capital markets and diversifying financial options during a meeting with Hongta Securities Chairman Jing Feng in Beijing. The meeting highlighted Pakistan's efforts to deepen engagement with Chinese and global institutional investors as part
