President of the United States
President Trump's visit to Saudi Arabia marks the first overseas state visit of his second term, with business deals and economic transformations at play. The Gulf Arab states are shifting their economies, and Trump will be relying on his personal ties with Arab leaders to facilitate agreements. This
Foreign investments
Tanzania and China are shifting their bilateral partnership from a focus on short-term economic gains to long-term strategic cooperation, driven by a mutual commitment to sustainable development and shared prosperity. Speaking at a 75th-anniversary celebration of the founding of the People's Republic of China, Tanzania's Minister
Foreign investments
The last two decades of the 20th century saw Africa's collective economy experiencing minimal growth, but by the late 1990s, the continent began to show signs of change, with GDP growth accelerating significantly. Today, Africa's economic activity has gained momentum, with sectors like telecommunications, banking, and
Economic conditions
The Presidential Office, led by Press Secretary and Presidential Spokesman Ignacio Bunye, has issued a statement in response to concerns raised by Sorsogon Bishop Arturo Bastes over environmental issues related to Australian mining operations in Rapu-Rapu island, Albay. While expressing respect for the bishop's views and sharing his
Economic conditions
Philippine President Gloria Macapagal Arroyo and Equitorial Guinea President Teodore Obiang Nguema Mbasogo strengthened economic ties between their countries by witnessing the signing of two bilateral agreements on Friday. The agreements aim to boost economic cooperation and create a favorable investment climate between the two nations. The visits also marked
Economic conditions
Vietnam's Industry Minister Hoang Trung Hai has met with a US trade delegation to discuss opportunities for US investment in key national projects, including the development of electricity infrastructure and supply, human training, and technology transfer. The meeting aims to strengthen bilateral economic and commercial ties between Vietnam
Economic conditions
As the two nations seek to strengthen ties, Algerian Energy Minister Chakib Khelil emphasized the complementary nature of their economies, with South Korea's new technologies and management expertise meeting Algeria's needs for industrial development and infrastructure growth. Algeria, a major oil producer with an estimated 11.
Economic conditions
South Korean companies are struggling to protect themselves from foreign corporate raiders, leaving them exposed to unwanted bids. According to experts, the country's firms lack effective "shark repellents" to deter hostile takeovers. The vulnerability was highlighted by the ongoing proxy battle at KT&G, South
Economic conditions
US President George W. Bush concluded his three-day visit to India by calling on the country to lift caps on foreign investments, lower tariffs, and open its markets to American agricultural products and industrial goods and services. Bush emphasized the need for India to participate in the global economy, urging
Economic conditions
The Indian government is preparing to further liberalize its economy by allowing 100% foreign direct investment (FDI) in five new sectors through the automatic approval route. This move is aimed at attracting more foreign capital and reducing the levels of control in various sectors of the economy. According to sources,
Economic conditions
Greece is seeking to increase its exports to China, particularly of olive oil, Feta cheese, wine, and fruits, as the Mediterranean diet becomes increasingly popular among the Chinese. The Greek Foreign Ministry reports that demand for Greek foods is growing due to their perceived health benefits. Meanwhile, Greece and China
Economic conditions
The ongoing discussions on the potential declaration of emergency rule in the Philippines are causing concern among investors, according to House Committee on Economic Affairs chair Rep. Joey Sarte Salceda. He warned that these talks may deal a significant blow to the country's economic prospects, as foreign fund
