Economic growth
Taiwan's economy is expected to maintain a growth rate above 3% in 2025, despite uncertainty over US tariffs, according to the Chung-Hua Institution for Economic Research. This forecast comes as most observers had predicted a slower growth rate due to the lack of an agreement with the US
Economic growth
Indonesia's construction equipment market is experiencing a significant surge, fueled by rising infrastructure investments, a shift towards digital and sustainable machinery, and stable economic growth. The market is expected to reach 25.43 thousand units by 2030, growing at a CAGR of 4.12% during 2024-2030. Key players,
Economic growth
In Nigeria, the financial system is characterized by short-term financing, making it challenging to secure long-term funds for infrastructure development. The government and private sector struggle to finance large-scale projects independently, resulting in a significant funding gap that hinders the country's infrastructure growth. To bridge this gap, project
Economic growth
Industry leaders say Scotland's high income tax regime is a major barrier to economic growth and job creation in financial services, with 46% of senior executives identifying it as a competitive disadvantage compared to international peers. Research by EY highlights tax as the main issue, with 36% of
Economic growth
Co-operatives are emerging as a vital strategy to tackle unemployment and foster inclusive economic growth in South Africa. The Department of Small Business Development has been providing support to co-operatives, with a focus on creating jobs and promoting community development. According to the Co-operatives Act 6 of 2013, a co-operative
Economic growth
Rachel Reeves' attempt to revive the UK's financial sector with a set of reforms dubbed the Leeds reforms failed to impress investors, with the chancellor's announcements adding little to the country's downbeat growth prospects. Despite the promising ideas, many of which aim to
Economic growth
The UK government is committing billions of pounds to a new, cutting-edge biosecurity centre in Harlow, Essex, to safeguard the nation against emerging health threats. This investment will not only enhance the UK's pandemic preparedness but also create around 1,600 new jobs and stimulate economic growth in
Economic growth
South Africa's push for radical socio-economic transformation has been mired by weaknesses in its macroeconomic policies, hindering the expected fundamental changes in the economic ideology, system, structure, and institutions. The current approach lacks economic substance, creating a manipulative small black elite that prioritizes self-enrichment over inclusive growth. This
Economic growth
China's economy maintained a steady pace of growth in the spring, buoyed by domestic investment and a continued flood of exports. Official figures show a 1.1 percent increase in the second quarter, with the national bureau of statistics announcing that the country's gross domestic product
Economic growth
Rachel Reeves, Britain's chancellor, is pushing for a regulatory overhaul in the City of London, calling for a more balanced approach to risk and ambition in the economy. She believes that the current safety-first culture is limiting growth and stifling innovation. The chancellor unveiled plans to cut red
Economic growth
Constellation, a leading retail supplier of power and energy products, announced significant commitments to invest billions of dollars in nuclear energy projects during Pennsylvania's inaugural Energy and Innovation Summit. The investments aim to accelerate the restart of the Crane Clean Energy Center, extend operating licenses, and increase the
Economic growth
As the Chair of the Group of 20 (G20), South Africa aims to advance mutually beneficial economic growth, create jobs, and prioritize sustainable development for its partner nations, says Deputy President Paul Mashatile. During the opening ceremony of the China International Supply Chain Expo (CISCE) in Beijing, Mashatile emphasized the
