Natural resources
To achieve balanced industrial growth between Java and other islands, Indonesia is promoting the development of small and medium industry (IKM) hubs in transmigration areas. The Ministry of Industry sees this strategy as creating added value over natural resources and spurring economic growth. Deputy Minister of Industry Faisol Riza emphasized
Natural resources
Research from Lorestan University explores the connection between economic growth, natural resource dependency, and environmental sustainability in Iran, shedding light on the N-shaped Environmental Kuznets Curve (EKC). The study utilized time series data from 1990 to 2021, examining the impact of economic growth, natural resource dependency, and economic globalization on
Economic growth
Bahrain Islamic Bank (BisB) has partnered with Cork Information Technology to introduce an innovative Supply Chain Finance (SCF) solution for its corporate clients, including small and medium-sized enterprises (SMEs) and suppliers. This new digital product is designed to enhance collaboration between buyers and suppliers, offering a range of financing tools
Economic growth
Premier Doug Ford's call for federal tax cuts to stimulate economic growth in the face of U.S. President Donald Trump's tariffs is a reactive approach that neglects his own government's role in improving Ontario's economic competitiveness. The key to attracting and
Economic growth
European Central Bank President Christine Lagarde pointed out during a speech in Jackson Hole, Wyoming, that the contribution of foreign-born workers played a significant role in supporting economic growth in Europe. According to Lagarde, the rise in participation rates and numbers of foreign workers contributed to a decrease in inflation
Economic growth
The country's solid economic foundation, characterized by a growth rate of 5.7 percent in 2024 and a six-year-low inflation rate of 0.9 percent in July 2025, has led to the affirmation of its 'A-' investment grade credit rating by Rating and Investment Information Inc.
Economic growth
Saudi Arabia's economic performance continues to impress, with 34 multinational companies securing licenses to establish their regional headquarters in the Kingdom during the second quarter of 2025. This achievement highlights the Kingdom's success in attracting quality foreign investments and stimulating economic growth. According to the Ministry
Economic growth
Indonesia's central bank, Bank Indonesia, remains confident in the country's export performance, citing lower tariffs imposed by the United States as a key factor in maintaining external stability and boosting investor confidence. According to the Director of the Economic and Monetary Policy Department at BI, Juli
Economic growth
Indian equity benchmarks suffered losses on Thursday as traders remained cautious ahead of the Reserve Bank of India's (RBI) projection of 6.5 per cent economic growth for the fiscal year 2025-26, compared to SBI Research Report's estimate of 6.3 per cent. The BSE Sensex
Economic growth
In the aftermath of the July Uprising, Bangladesh's economy faced significant challenges, including a drop in foreign direct investment (FDI) and projected low GDP growth. However, thanks to sound economic management by Dr Salehuddin Ahmed and Dr Ahsan Mansur, the country has managed to maintain a relatively stable
Economic growth
Nigeria's manufacturing sector is experiencing persistent challenges, with rising costs and weak foreign direct investment (FDI) hindering economic growth. Despite a recent easing of headline inflation, the Lagos Chamber of Commerce and Industry (LCCI) has raised concerns over the structural issues undermining the sector. The director general, Dr.
Economic growth
European equities are facing a mixed outlook as investors navigate improving consumer sentiment in the UK and easing consumer price inflation in Japan. The attention is now shifting to key economic indicators, including German economic growth data and French business confidence figures set to be released later in the week.
