Economic growth
South Asian countries can benefit significantly from regional economic integration by enhancing their bargaining power in international trade and making the region more attractive for foreign and local investors. However, the potential for intraregional trade in South Asia is estimated to be untapped, with only about 5% of the total
Economic growth
Canada's 2SLGBTQI+ Chamber of Commerce (CGLCC) will host the third annual 2SLGBTQI+ Global Business Summit in Toronto, bringing together over 300 business leaders, entrepreneurs, and allies to advance equity and inclusive economic growth. The summit aims to spark connections and create business opportunities for 2SLGBTQI+ and ally-owned businesses,
Economic growth
Pakistan's Finance Minister Muhammad Aurangzeb presented a landmark budget of 175 trillion rupees for the 2025-26 fiscal year in the National Assembly, amidst opposition protests. The budget aims to boost economic growth, reduce financial burdens, and strengthen the country's global reputation. Finance Minister Aurangzeb emphasized the
Economic growth
The World Bank has revised its forecast for Egypt's economic growth in 2024 to a modest 2.4%, down from its previous estimate of 3.8% in 2023. Although a moderate recovery is expected in the years ahead, Egypt's growth rate is projected to lag behind
Economic growth
The Economic Survey of Pakistan for fiscal year 2024-25 has shown a mixed picture of the country's economy, with a growth rate of 2.7% falling short of the target of 3.6%. The survey attributes this to a slowdown in the agriculture sector, where production of major
Economic growth
The Regional Defence and Security Cluster (RDSC) has been launched in a strategic initiative to strengthen the UK's regional defence innovation landscape. This collaboration between the Defence and Security Accelerator (DASA), industry, academia, local authorities, and business aims to drive innovation, foster collaboration, and stimulate economic growth across
Economic growth
The Regional Comprehensive Economic Partnership (RCEP) agreement is advancing to a higher level, covering a broader scope and more inclusive development, which is expected to bolster economic growth in the Asia-Pacific region and help stabilize the global trade system. The mega trade pact, covering 30% of the world's
Economic growth
The South African economy has shown signs of recovery, despite reporting disappointing GDP growth (0.1%) in Q1 2025 and the announcement of Goodyear's closure, resulting in 900 permanent job losses. The JSE and the Rand have been recovering, with the ALSI ending Friday at a new weekly
Economic growth
World Accreditation Day was marked by the Institute for Accreditation of Bosnia and Herzegovina on June 9, alongside over a hundred accreditation bodies worldwide. The theme this year is 'Accreditation: Empowering Small and Medium-sized Enterprises (SMEs)', focusing on the role of accreditation in empowering SMEs as drivers of
Economic growth
The global economic growth outlook has deteriorated significantly since the beginning of the year, amidst worsening international trade prospects, a broad-based weakening performance across developing and advanced economies. Initial optimism had pointed to stable economic growth, fueled by policy easing from major central banks, resilient US growth, and a cyclical
Economic growth
The Regional Comprehensive Economic Partnership (RCEP) agreement is poised to play a significant role in bolstering economic growth in the Asia-Pacific region and helping stabilize the world trade system. The mega trade pact, covering 30 percent of the world's total population and economic output, is expected to promote
Economic growth
The World Economic Forum's latest Chief Economists Outlook highlights the risks posed by global trade tensions and examines the potential impact of Artificial Intelligence (AI) on economic growth. Fabien Curto Millet, Google's chief economist, shares his thoughts on the Outlook and the impact of GenAI, which
