Economic growth
S&P Global Ratings has upgraded India's sovereign credit rating to 'BBB' from 'BBB-', citing strong economic growth, sustained fiscal consolidation, and robust infrastructure investment. The upgrade reflects India's stable economic fundamentals, with average real GDP growth of 8.8% over
Economic growth
The Thailand Monetary Policy Committee has made a unanimous decision to cut the policy interest rate by 0.25% from 1.75% to 1.50%, a strategic effort to address growing vulnerabilities in the economy, particularly among small and medium-sized enterprises (SMEs) and low-income households. The rate reduction aims to
Economic growth
Prime Minister Pham Minh Chinh has emphasized the need for Vietnam to achieve sustained growth across various sectors, including industry, construction, agriculture, forestry, fisheries, and services, amidst US reciprocal tariff policies. The PM has issued an Official Dispatch outlining key tasks and solutions to reach the 8.3-8.5% growth
Economic growth
South Korean President Lee Jae Myung emphasized the need for an expansionary fiscal policy to boost the country's economic growth, highlighting the importance of optimizing government spending to achieve this goal. During a meeting with financial officials and economic experts, Lee expressed concerns about the limited financial resources
Economic growth
The UK's net zero sector is experiencing rapid growth, with a 10% increase in 2024, generating £83bn in gross value added (GVA). This sector is not only creating high-wage jobs but also contributing to a reduction in greenhouse gas emissions and increased energy security. The Confederation of British
Economic growth
The U.S. Departments of Commerce, Labor, and Education have published a milestone report outlining a comprehensive strategy to transform the federal government's approach to workforce development. The America's Talent Strategy: Equipping American Workers for the Golden Age report presents a bold vision and concrete actions
Economic growth
India's projected economic growth of 6.5 percent in 2024 and 6.2 percent in 2025 positions it as the global frontrunner among major economies. However, experts warn that this growth has not translated to significant job creation, highlighting a disconnect between economic expansion and labor market absorption.
Economic growth
Comrade Festus Osifo, President General of the Trade Union Congress (TUC), has criticized Nigeria's political leaders for being too reliant on crude oil and called for a shift to agriculture-led growth, stronger productivity, and structural reforms. Osifo emphasized that Nigeria's large budget, estimated at slightly above
Economic growth
The Brazilian government's Ecological Transformation Plan (PTE) aims to combine economic growth with greenhouse gas (GHG) emissions reduction, targeting net-zero emissions by 2050. A recent study, released in partnership with the United Nations Environment Programme (UNEP) and the Federal University of Rio de Janeiro (UFRJ), assesses the PTE&
Economic growth
Hampton University, a national leader in research, innovation, and opportunity, has launched a $2.2 million initiative to address the critical shortage of skilled workers in the nation. The Workforce Development Enterprise, invested in vocational training, industry-aligned certification, and entrepreneurial development, aims to prepare students for lives of purpose through
Economic growth
The 2025 forum "Navigating Trade and Investment 2025" brought together business leaders, economic experts, government officials, and entrepreneurs to discuss strategies for supporting Cambodia's trade and investment landscape in a rapidly changing global economy. The event, organized by The Cambonomist and WorldBridge Group, focused on fostering
Economic growth
The Philippine government is planning to significantly increase its infrastructure spending in 2026, aiming to fast-track development and support the country's economic growth. According to the Budget of Expenditures and Sources of Financing for fiscal year 2026, the government will allocate P1.558 trillion for infrastructure disbursements, a
