Economic growth
Minqin County in Gansu Province, China has made significant strides in transforming its economy through innovative project development. The county has prioritized the growth of key industrial projects, including a major undertaking by Gansu Ruizhi New Materials Co., Ltd. to produce 400,000 tons of graphitized negative electrode materials for
Economic growth
India's economic growth projection for 2025-26 is expected to be downgraded by 0.3 percentage points to 6% due to the 50% tariff on Indian goods announced by the US, according to Moody's Ratings. The credit rating agency stated that strong domestic demand and a resilient
Economic growth
Indonesian businesses are sounding alarm bells as the economy grapples with a slowdown in manufacturing and domestic consumption, despite a recent surge in GDP growth. South-east Asia's largest economy, a commodities powerhouse, is facing challenges stemming from waning purchasing power, a shrinking middle class, and mass layoffs in
Economic growth
Governor Josh Shapiro and the Department of Environmental Protection (DEP) Secretary Jessica Shirley joined executives from NorthPoint Development and labor leaders at the Keystone Trade Center to highlight how the Shapiro Administration's efforts to speed up and improve Pennsylvania's permitting process are helping the Commonwealth land
Economic growth
Pakistan is aiming to revive its manufacturing sector as a catalyst for economic growth, job creation, and export boost. Special Assistant to the Prime Minister Haroon Akhtar Khan met with sub-committees focused on industrial policy to explore strategies for the country's economic strategy. Attendees included representatives from the
Economic growth
The Bank of England lowered interest rates by a quarter point to 4% on Thursday, but the decision was met with a narrow 5-4 vote, highlighting divisions within the Monetary Policy Committee. The move was expected to boost growth, but the central bank warned that inflation is likely to peak
Economic growth
Indonesia's economy relies heavily on its domestic economic activity, which accounts for approximately 80 percent of its gross domestic product (GDP). To achieve optimal economic growth, domestic consumption and exports must operate in balance, according to Purbaya Yudhi Sadewa, Chairman of the Board of Commissioners at the Indonesia
Economic growth
China's air cargo market continues to experience steady growth, driven by a robust economy and increasing international trade. Despite a complex global economic landscape, my country's GDP growth reached 5.3% in the first half of 2025, setting the stage for continued air cargo development. Air
Economic growth
The ocean is a vital resource for global economic growth, food security, and climate regulation, but unsustainable practices such as overfishing, pollution, and habitat destruction threaten marine ecosystems. According to a press release, Islamic finance can play a transformative role in preserving marine biodiversity and supporting the Blue Economy. The
Economic growth
Nigeria, Africa's largest economy, is struggling to achieve sustained growth and development. Emeritus Professor of Economics, Prof. Akpan Ekpo, has highlighted the need for the country to industrialise and diversify its revenue streams to build a strong economy. Ekpo, a former board member of the Central Bank of
Economic growth
The RBI Governor Sanjay Malhotra has pointed out that India contributes nearly 18% to the global economic growth annually, a share higher than the 11% of the US economy. This comes despite US President Donald Trump's comments on India being a "dead economy." The RBI chief
Economic growth
Prime Minister Pham Minh Chinh has outlined a comprehensive economic growth strategy for Vietnam, focusing on boosting economic growth, controlling inflation, and maintaining macroeconomic stability. Despite positive results in several sectors, the government recognizes that additional efforts are necessary to meet annual targets, particularly through innovative thinking and decisive action.
