Cabinet officials
The Indonesian government has launched a new initiative, the S'RASA Program, aimed at introducing local flavors abroad and increasing culinary product exports. The program is a collaboration between six ministries: the Ministry of Trade, the Ministry of State-Owned Enterprises, the Ministry of Creative Economy, the Ministry of Micro,
Natural gas
Iraqi Minister of Oil Hayan Abdul-Ghani announced a major development in the oil sector, stating that the recent deal with Schlumberger will raise output at the Akkas gas field to 100 cubic feet per day. This marks a significant accomplishment for the Iraqi Ministry of Oil and the Midland Oil
Cabinet officials
The Nigerian government has launched a comprehensive initiative to support the growth of micro, small, and medium-sized enterprises (MSMEs) in Cross River State. The JOE-MSME Support Initiative, launched by Minister of State for Trade and Industry Senator John Owan-Enoh, aims to provide financial support and technical assistance to over 1,
Cabinet officials
Government has announced plans to strengthen state-owned financial institutions, requiring state-owned enterprises (SOEs) and covered entities to transact more with state banks such as GCB Bank PLC. This initiative aims to build the capacity of national institutions to better support development priorities, including financing MSMEs, which are the backbone of
Natural gas
Energy CX, LLC filed an application with the State Corporation Commission to provide electric aggregator and natural gas aggregator services throughout Virginia. The company seeks to offer these services to commercial, industrial, governmental, and residential customers. The Commission has docketed the application, and interested persons are invited to comment on
Energy industries
Ghana's economic recovery faces significant threats, as outlined by the World Bank in its 9th Ghana Economic Update. The report warns that delays in debt restructuring, state-owned company debts, and global factors such as international conflicts and commodity price volatility could undermine the country's macroeconomic stability
Energy industries
Orzel Energy Solutions LLC, a company seeking to provide electric aggregator and natural gas aggregator service to eligible customers throughout Virginia, has submitted an application to the Virginia State Corporation Commission. On August 5, 2025, the Commission issued an order requiring the company to provide notice of its application to
Economic growth
Ghana's economic growth is at risk due to challenges in its energy and cocoa sectors. The World Bank has released a report warning that poor management of state-owned enterprises and declining export revenues could reverse recent gains. The report emphasizes the need for energy sector reforms, including increased
Energy industries
Wood Mackenzie, a leading global energy and consultancy group, has reaffirmed its commitment to Africa's energy narrative through its participation as a Silver Partner at African Energy Week (AEW): Invest in African Energies 2025. With over five decades of global experience, the firm has worked extensively with national
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
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
Energy industries
State-owned Solar Energy Corporation of India (SECI) has posted a 15% rise in its net profit to ₹501.92 crore in fiscal 2024-25, driven mainly by higher revenues. The company's revenue from operations reached ₹15,185.10 crore, while Profit After Tax (PAT) stood at ₹501.92 crore
