Economy & Trade
300 articles from 53 countries
South Korea's National Assembly passed a significant supplementary budget aimed at economic relief, while Argentina seized over $150 million in counterfeit apparel. In the East African Community, export growth fuels a trade surge to $42.4 billion. Meanwhile, ConocoPhillips explores investment in Venezuela, and UK's Keir Starmer criticizes rising energy costs linked to global political figures.
๐ต๐ฑ PolandPoland's tax authority flags 120 billion PLN in public spending irregularities
- Poland's National Revenue Administration (KAS) identified approximately 120 billion PLN (3% of GDP) in irregularities in public spending between 2020-2023. - These irregularities include misuse of fโฆ
Krzysztof Ibisz's 'Elixir of Youth' lands in ลปabka, sales lack 'wow' factor
- A functional beverage called 'Elixir Mลodoลci,' endorsed by Polish celebrity Krzysztof Ibisz, has launched in ลปabka stores. - While ลปabka reports a promising start, unofficial information suggests sโฆ
EU and Ukraine Tighten Cooperation, Announce Joint Drone Development Program
- The EU and Ukraine have signed an agreement to collaborate on drone technology development, leveraging Ukraine's wartime experience and the EU's financial and technological capabilities. - The initiโฆ
Vietnam's Tourism Boom Fuels Economic Growth, Sets New Records
- Vietnam's tourism sector has seen remarkable growth, with visitor numbers soaring from 250,000 in 1990 to over 21 million in 2025. - A 2017 national strategy prioritizing tourism and subsequent visaโฆ
Poland Enters Challenging Economic Convergence Phase, Possesses Key Strengths
- Poland's economic convergence is entering a more challenging phase, requiring new growth drivers beyond traditional advantages like competitive labor costs and EU accession benefits. - The country iโฆ
Poland adopts simplified short-term rental bill, omits 'no-rental zones'
- Poland's government has adopted a simplified version of a bill regulating short-term rentals, aligning with an EU regulation on data collection. - The bill omits provisions that would have allowed lโฆ
Food prices in Poland fell the most in 11 years. Relief for wallets won't last long
- Food prices in Poland saw their sharpest year-on-year drop in 11 years in June, with a 0.6% decrease. - Significant price reductions were observed in butter (over 25%), apples (over 16%), and variouโฆ
Polish healthcare reform: Standardized contracts and price transparency proposed
- A 2026 report proposes standardized contracts, central registration, maximum public sector rates, and price transparency in private healthcare in Poland. - The report echoes a 2019 analysis highlighโฆ
Polish Economy Forecasts Stable Growth Amid Geopolitical Uncertainty
- Polish economic growth forecasts for the coming quarters remain stable, with analysts expecting around 3.5% year-on-year growth through the end of 2026. - The economy shows resilience despite globalโฆ
China's Economic Surge: European Automakers Sound Alarm Over EV Inundation
- China's economic rise has dramatically shifted global trade dynamics, with its GDP now matching the EU's and exports soaring. - Chinese electric vehicles are rapidly gaining market share in Europe, โฆ
Indonesia's H1 2026 Investment Reaches Rp1,010.6 Trillion, Creates 1.44 Million Jobs
- Indonesia's investment realization reached Rp1,010.6 trillion in the first half of 2026, a 7.2% increase from the previous year. - This achievement meets 49.5% of the national target and created 1.4โฆ
ICW Urges PLN to Disclose Electricity and Coal Contracts
- Indonesia Corruption Watch (ICW) urges state electricity company PLN to disclose power purchase and coal supply contracts. - ICW cites issues like mass blackouts and coal corruption as reasons for tโฆ
Deputy Minister Urges DPRD to Optimize Oversight of Regional Budget Implementation
- Indonesia's Deputy Minister of Home Affairs urged regional DPRD members to optimize their oversight of regional budget (APBD) implementation. - Oversight should focus on achieved results, not just aโฆ
Shift to Subsidized Fuel Triggers Long Lines at Indonesian Gas Stations
- Indonesia's Downstream Oil and Gas Regulatory Agency (BPH Migas) reports increased consumption of subsidized fuel is causing long queues at gas stations. - This shift occurred after the government rโฆ
Bandung City Council Committee Pushes for Bank Bandung Strengthening Through Regulatory Refinement
- A special committee (Pansus 18) in the Bandung City Regional People's Representative Council is refining regulations to strengthen Bank Bandung. - The committee emphasizes the need for the city goveโฆ
Social Aid Recipients Encouraged to Become Members and Business Actors in KDMP
- Indonesia's Ministry of Social Affairs encourages social aid recipients to join and become business actors in the Village/Kelurahan Red and White Cooperatives (KDMP). - This initiative supports the โฆ
Indonesia Gas Station Queues Linked to Shift to Subsidized Fuel
- Indonesia's oil and gas regulator BPH Migas attributes long queues at gas stations to consumers switching to subsidized fuel. - Data shows solar fuel is at 50.85% of its quota, Pertalite at 47.68%, โฆ
Send Money Abroad via BRImo, Practical and Get Rp 50,000 Cashback Reward | Republika ID
- Bank Rakyat Indonesia (BRI) offers a cashback promotion of Rp 50,000 for customers sending money abroad via the BRImo application. - The promotion aims to meet the growing demand for international mโฆ
Indonesia Prioritizes Better Governance for Papua's Special Autonomy Funds
- Indonesia's Ministry of Home Affairs emphasizes improving the governance of Papua's Special Autonomy Fund. - Minister Ribka Haluk stated that proper management is crucial for timely and targeted funโฆ
Mitsubishi Launches New Xforce HEV, Produced Locally in Indonesia
- Mitsubishi Motors Krama Yudha Sales Indonesia (MMKSI) launched the New Xforce HEV SUV in Jakarta. - The updated model features a second-generation Hybrid Electric Vehicle (HEV) system, a frameless pโฆ
2026 World Cup generated Rp5.03 trillion in Indonesia's economy
- Indonesia's economy saw an estimated turnover of Rp5.03 trillion (US$300 million) from activities related to the 2026 FIFA World Cup. - The economic impact stemmed from broadcast businesses, communiโฆ
Indonesia plans logistics corridor integration to boost industrial connectivity
- Indonesia's Toll Road Regulatory Agency (BPJT) plans to integrate logistics corridors, including the Cibitung-Cilincing Toll Road (JTCC), to improve goods distribution efficiency. - The integration โฆ
Indonesian Migrant Worker Association Demands Ministry Performance Review
- The Indonesian Migrant Worker Placement Companies Association (APJATI) urged President Prabowo Subianto to evaluate the performance of the Ministry of Migrant Worker Protection (KP2MI). - APJATI staโฆ
Rote Ndao Community Backs Phase 2 of National Salt Industry Center Development
- The Ministry of Maritime Affairs and Fisheries (KKP) will commence the second phase of the National Salt Industry Center (K-SIGN) development in Rote Ndao, East Nusa Tenggara. - Local communities anโฆ
S&P Appreciates Indonesia's Reforms; Economist Says Structural Changes Gaining Recognition
- S&P Global Ratings maintained Indonesia's credit rating at BBB with a stable outlook, acknowledging the nation's strong economic fundamentals. - The decision also reflects the Indonesian government'โฆ
Jakarta Considers Tax Regulation Changes, Assessing Impact on Residents
- The Jakarta provincial government and its legislative council are discussing amendments to regional regulations on local taxes and levies. - Key changes include clarifying definitions for vehicle fuโฆ
Saudi Arabia Raises Import Tariffs Up to 15 Percent
- Saudi Arabia has increased import tariffs on most goods to between 6% and 15%, affecting products like agricultural, livestock, and fishery items. - The tariff changes, effective June 26, aim to proโฆ
Indonesian Islamic group backs zakat as direct tax credit
- Indonesia's Persatuan Islam (PERSIS) supports a proposal to allow zakat (charitable donations) to be directly deducted from taxes, aiming to strengthen its role in national development. - This propoโฆ
China's Economy Grows 4.3%, Lowest in Decades
- China's economy grew 4.3% in the three months to June, falling short of expectations and marking one of the lowest quarterly growth rates in decades. - The growth rate missed the government's targetโฆ
Why Xi Jinping Now Prefers Urban Renovation Over New City Development
- Chinese President Xi Jinping emphasized urban renewal over new city development during a visit to Shanghai. - He urged local governments to prioritize improving residents' quality of life, happinessโฆ
West Java governor rejects proposal to reintroduce school tuition fees
- The Governor of West Java, Dedi Mulyadi, rejected a proposal to reintroduce tuition fees (SPP) for high school and vocational school students. - He urged schools to focus on optimizing the use of opโฆ
Indonesia's Trade Ministry Notes Gold Price Drop Amid Weakening Demand
- Indonesia's Ministry of Trade notes a decline in the reference price for gold exports and a reference price for July, influenced by weakening demand and investor fund shifts. - Rising bond yields arโฆ
Indonesia's Financial Center Push Needs Credible Investment Ecosystem: Valuers Society
- Indonesia's effort to establish an International Financial Center (IFC) requires a credible investment ecosystem to boost global competitiveness. - The Indonesian Valuers Society (MAPPI) emphasizes โฆ
Indonesia streamlines seed import/export permits to boost food security
- Indonesia's Ministry of Agriculture is streamlining its licensing process for importing and exporting seeds and genetic resources. - This initiative aims to support national programs for food self-sโฆ
BPOM to Oversee Village Cooperatives for Product Safety
- Indonesia's National Agency of Drug and Food Control (BPOM) commits to overseeing the "Red and White Village Cooperative" program, a presidential priority. - BPOM will ensure all products distributeโฆ
Indonesia considers school canteens for free meal program
- Indonesia's National Nutrition Agency (BGN) is exploring the involvement of school canteens in the Free Nutritious Meal Program (MBG). - President Prabowo Subianto has opened the possibility for altโฆ
Indonesia sets subsidized fuel price at Rp15,000/liter for fishing vessels
- Indonesia's Maritime Affairs and Fisheries Ministry has set a special subsidized fuel price of Rp15,000 per liter for fishing vessels between 30 and 200 gross tons. - This policy, following a presidโฆ
ITP2I Scientific Meeting Discusses Palm Oil Industry's Future, Pushing Downstream Processing and Tech Innovation
- Institut Teknologi Perkebunan Pelalawan Indonesia (ITP2I) held its third Scientific Meeting as part of its 10th anniversary. - The meeting focused on the future of the palm oil industry, emphasizingโฆ
Bulog Indramayu Achieves Record Grain and Rice Absorption
- Perum Bulog Indramayu has achieved its highest-ever grain and rice absorption volume, reaching 156,000 tons by mid-July 2026. - This absorption represents 90% of the annual target, with Bulog confidโฆ
OJK Chief: Indonesia's Capital Market Boasts Nearly 30 Million Investors
- Indonesia's capital market now has nearly 30 million investors, a significant increase from previous years. - The majority of these investors are retail investors, strengthening the market's resilieโฆ
West Java Considers Reintroducing Tuition Fees for Affluent Students
- West Java, Indonesia, is considering reintroducing tuition fees (SPP) for high school and vocational school students from affluent families. - The proposal aims to cover operational costs and improvโฆ
Indonesia Assures Stable Oil Supply Amid Middle East Tensions
- Indonesia's Chief Secretary of State Prasetyo Hadi assured the public that national oil supplies are secure despite rising geopolitical tensions in the Middle East. - President Prabowo Subianto heldโฆ
Indonesian VP Gibran Highlights Road Issues During Sumatra Visit
- Indonesian Vice President Gibran Rakabuming Raka is on a working visit to Sumatra, focusing on infrastructure issues. - During his visit to Lampung, Gibran acknowledged frequent complaints about damโฆ
Museveni Launches NEC Meat Plant, Urges End to Military Ration Imports
- President Museveni commissioned a new meat and beans processing plant aimed at ending Uganda's reliance on imported military food supplies. - The National Enterprise Corporation (NEC) plant, a partnโฆ
Ugandan Coffee Makes History At London Auction With Record Prices
- Ugandan specialty coffee achieved a historic milestone at a London auction, with prices averaging USD 24.32 per kilogram. - A Natural Geisha coffee from Rwenzori Estate Farm set a record, fetching Uโฆ
Subsidies for China-built cars in Ghent: Smart move or a band-aid for industry's woes?
- Flanders is providing subsidies to the Volvo car factory in Ghent, which is owned by Chinese company Geely, to ensure continued production in Belgium. - The move sparks debate about whether this is โฆ
Printing firm Artoos in Belgium declared bankrupt, nearly 100 jobs at risk
- Printing company Artoos in Kampenhout, Belgium, has been declared bankrupt by the Brussels Enterprise Court, affecting nearly 100 jobs. - The company's collapse was largely due to the loss of a signโฆ
Danish Crown slashes pig price to lowest in over 20 years amid market crisis
- Danish Crown is lowering its pig price to 7.1 Danish kroner per kilo, the lowest in over 20 years. - The company cites an oversupply of pork exceeding demand in the European market. - This marks theโฆ
End of Letter Delivery in Denmark Hits PostNord's Profits
- PostNord's net profit fell to 126 million Swedish kronor in the first half of 2026, down from 310 million in the same period last year. - The decline is largely attributed to the cessation of letterโฆ
Swift Clarification of EV Tax Could Be Early Christmas Gift
- The Danish government may provide an early Christmas gift by quickly clarifying the tax on electric cars. - Finance Minister Peter Hummelgaard has asked an expert group to deliver a swift partial reโฆ
Uber to Acquire Delivery Hero for $97 Billion, Expanding Global Reach
- Uber has agreed to acquire the German food delivery company Delivery Hero for approximately 13 billion euros ($97 billion). - The acquisition will expand Uber's platform to cover 99 countries globalโฆ
Jeff Bezos's Wife, Who Couldn't Afford a Prom Dress, and the Amazon Founder Pledge $34 Million for Sustainable Textiles
- Lauren Sanchez and Jeff Bezos pledged $34 million to sustainable textile research. - The funding will advance biodegradable fibers and plastic-free synthetic silk. - Sanchez highlighted the personalโฆ
Telangana launches โน60,000 crore Amazon data center, eyes $1 trillion economy
- Telangana Chief Minister A. Revanth Reddy inaugurated a โน60,000 crore Amazon data center in Hyderabad, aiming to attract global investments. - The project is expected to boost investor confidence anโฆ
Oil prices extend gain for fourth day, stay beyond $85 amid Middle East chaos
- Crude oil prices rose for the fourth consecutive day, with Brent crude exceeding $85 per barrel. - The increase is driven by escalating conflict between the U.S. and Iran, raising concerns about majโฆ
India Cabinet Approves $62.5 Billion Scheme to Boost Phone Manufacturing
- The Indian cabinet approved a $62.5 billion scheme to boost mobile phone manufacturing over five years. - The Mobile Phone Manufacturing Scheme (MPMS) aims to create 60,000 jobs and increase cumulatโฆ
India-UK Free Trade Pact and Social Security Agreement Come Into Force
- India and the UK have operationalized their Comprehensive Economic and Trade Agreement (CETA) and a social security pact. - The agreements aim to deepen bilateral trade, investment, and cooperation โฆ
Cabinet approves urea investment policy to boost local production
- India's cabinet has approved a new urea investment policy aimed at increasing domestic production. - The policy encourages the establishment of gas-based urea manufacturing plants. - This initiativeโฆ
South Air launches inaugural flights from Karachi to Quetta and Islamabad
- South Air launched its first flights from Karachi to Quetta and Islamabad on Thursday. - The new airline's operations aim to strengthen Pakistan's domestic air connectivity. - Initially, South Air wโฆ
PSX continues recovery as KSE-100 index gains 2,600 points in early trade
- Pakistan's KSE-100 index saw a significant recovery, gaining approximately 2,600 points in early trading on Thursday. - The rebound follows remarks by US President Donald Trump indicating Iran's wilโฆ
Higher motorway toll on low M-Tag balance: Court issues notices
- The Islamabad High Court issued notices regarding a petition challenging a 50% increase in motorway tolls for vehicles with insufficient M-Tag balance. - The petitioner argues the higher toll is arbโฆ
NEPC secures N979.8m grants for 128 women exporters
- The Nigerian Export Promotion Council (NEPC) has facilitated $710,000 (approximately N979.8 million) in grants for 128 women-owned export businesses. - These grants, part of the Women Exporters in tโฆ
Nigeria, Gambia agree to revive joint commission, deepen ties
- Nigeria and The Gambia agreed to revive their joint commission and deepen bilateral cooperation. - The agreement was reached during a meeting between the foreign ministers of both nations on the sidโฆ
CAC to deregister 100,000 companies over unfiled returns
- The Corporate Affairs Commission (CAC) is initiating a process to deregister 100,000 companies for failing to file annual returns and other statutory documents. - This action, part of 'Batch 6,' is โฆ
FG unveils initiative to unlock DNA research, boost healthcare
- The Nigerian Federal Government is launching the Nigeria Genomic City initiative to transform the nation into a knowledge-driven economy. - The project aims to leverage the country's genomic resourcโฆ
Kano, Jigawa Customs generated N63.07bn in six months -Controller
- The Kano/Jigawa Customs Area Command in Nigeria generated N63.07 billion in revenue between January and June 2026. - This revenue represents a 7.4% increase compared to the same period in 2025, despโฆ
UK Economy Rebounds Slightly in May Amid Political Transition
- The UK economy saw a slight rebound in May, growing by 0.1 percent primarily due to expansion in the services sector. - This follows a 0.1 percent contraction in April, influenced by rising inflatioโฆ
FG unveils new labour reform agenda, seeks employersโ support
- Nigeria's Federal Government is overhauling its labor administration to be more responsive and investment-friendly. - The reforms aim to foster industrial peace, develop the workforce, and encourageโฆ
Nigerian stocks surge in H1'26, experts urge caution amid optimism
- Nigeria's stock market is among the world's best performers in the first half of 2026, with a 47.4% Year-to-Date gain. - Investors have seen significant gains, with market capitalization rising to Nโฆ
UBA enlists Abaga, Egunjobi to speak on innovation at Business Series
- United Bank for Africa (UBA) is hosting its quarterly Business Series on July 16, 2026. - The event, themed "Building for Africaโs Realities: Turning Consumer Feedback into Technology-Driven Solutioโฆ
How Nigeria can overcome hunger, BUA Chairman
- BUA Foods Plc Chairman Abdul Samad Rabiu identified heavy investment in agriculture as crucial to tackling hunger in Nigeria. - The company reported a Profit After Tax of N518.4 billion for the yearโฆ
Food inflation still rising despite drop in headline rate
- Nigeria's headline inflation rate slightly slowed to 15.91 percent in June 2026 from 15.93 percent in May. - This marks a moderation after three consecutive months of increases since March. - Howeveโฆ
NIP 2025: FG positions small businesses as engine of industrialisation
- Nigeria's government has designated Micro, Small and Medium Enterprises (MSMEs) as primary beneficiaries of the Nigeria Industrial Policy (NIP) 2025. - The policy aims to boost industrial growth andโฆ
Nigeria's sports industry can drive over 50% of GDP, says official accepting SWAN role
- Nigeria's sports industry can contribute over 50% to the country's GDP if properly invested in and strategically managed, according to Federal Character Commission Executive Chairman Hulayat Omidiraโฆ
Nigerian manufacturers sell below cost to clear N2 trillion in unsold goods
- Nigerian manufacturers are selling goods below production cost to clear nearly N2 trillion ($1.3 billion) in unsold inventory, facing severe cost pressures and weak consumer demand. - The Manufacturโฆ
Food inflation still rising despite drop in headline rate
- Nigeria's headline inflation rate slightly decreased to 15.91 percent in June 2026, down from 15.93 percent in May. - Despite the overall slowdown, food inflation increased to 17.52 percent year-on-โฆ
Tinubu intentionally rebuilding South-East, says Soludo
- Anambra State Governor Chukwuma Soludo stated that President Bola Tinubu is actively rebuilding the South-East region through significant infrastructure projects. - Soludo highlighted the Federal Goโฆ
Tinubu to Deloitte Africa: Nigeriaโs Economy is on Steady Growth
- President Bola Tinubu declared Nigeria's economy is on a steady growth path, citing ongoing financial and fiscal reforms. - He stated these reforms have stabilized the economy and created positive dโฆ
Macron to Visit Nigeria This Fall to Deepen Strategic Partnership, Envoy Announces
- French President Emmanuel Macron will visit Nigeria this fall, the French Ambassador to Nigeria announced. - The visit aims to deepen the strategic partnership between France and Nigeria in areas liโฆ
BUA Foods Expansion Aims to Bolster Nigeria's Growth and Industrial Base, Chairman Says
- BUA Foods Plc's aggressive expansion aims to support Nigeria's long-term economic growth and build a stronger indigenous industrial base. - Shareholders approved a N504 billion dividend, recognizingโฆ
Senate Gives NNPC Auditors One Week to Justify N210 Trillion in Unexplained Entries
- The Nigerian Senate's Public Accounts Committee has given NNPC auditors one week to justify over N210 trillion in unexplained balance sheet entries. - Auditors must provide supporting documents for โฆ
Foreign fleets maintain dominance in Nigeriaโs maritime support industry
- Foreign fleets continue to dominate Nigeria's maritime support industry, despite the country being Africa's largest oil and gas producer. - A significant portion of revenues from logistics, charter โฆ
Nigeria, Morocco Agree on Deal for Agricultural Intelligence and Food Security
- Nigeria and Morocco have agreed to a partnership focused on agricultural intelligence and food security. - The deal includes establishing a geospatial crop monitoring system and enhancing food securโฆ
Nigeriaโs credit rating upgrade: The road to โAโ remains long
- Standard & Poor's upgraded Nigeria's sovereign credit rating from B- to B, signaling confidence in the country's economic reforms. - The upgrade acknowledges the positive impact of difficult economiโฆ
Agents seek Maritime Fund support for fleet renewal
- Nigerian customs agents are requesting a revolving loan from the Maritime Fund to replace aging trucks and barges. - They argue that the current rickety fleet endangers lives and property and hinderโฆ
SEREC decries delay in NPERA Bill assent
- The Sea Empowerment and Research Centre (SEREC) expressed concern over the delayed presidential assent to the Nigerian Ports Economic Regulatory Authority Bill. - SEREC warned that the bill could laโฆ
Enoโs aide hails Oron jetty investment in Aโรbom
- Akwa Ibom State's Governor's aide lauded the redevelopment of Oron Marine Jetty and the introduction of luxury ferries. - The initiative aims to boost tourism and investment by integrating air, landโฆ
Inflation still high despite latest decline, OPS warns
- Nigeria's headline inflation rate slightly decreased to 15.91% in June 2026 from 15.93% in May, according to the National Bureau of Statistics. - Despite the marginal decline, inflation remains in dโฆ
Wema Bank deepens fintech partnerships to drive digital finance
- Wema Bank hosted a strategic engagement event for its fintech partners to foster collaboration in digital finance. - The bank reaffirmed its commitment to providing infrastructure and support for fiโฆ
Lasaco secures N19.3bn in oversubscribed rights issue
- Lasaco Assurance Plc successfully raised N19.30 billion in an oversubscribed rights issue, exceeding its target by 4.5 percent. - The capital raise reinforces the company's commitment to meeting theโฆ
IMF, President Tinubu and the transparency challenge
- The article criticizes Nigerian President Bola Ahmed Tinubu's administration for alleged "theft" of public funds, citing IMF and Senate reports. - An IMF report indicated that 2% of Nigeria's GDP inโฆ
From Lafarge to HBM Nigeria Plc: A New Identity to Power Industrial Growth
- Lafarge Africa Plc has officially rebranded to HBM Nigeria Plc, signaling a strategic evolution under new ownership. - The transition reflects the company's commitment to driving industrialization aโฆ
Shettima launches Niger Delta Agricultural Development, Investment Fund
- Vice President Kashim Shettima launched the Niger Delta Agricultural Development and Investment Fund and its Coordinating Council. - The initiative aligns with President Bola Ahmed Tinubuโs agrarianโฆ
CIS, ASHON Laud Nigeriaโs Return to S&P Frontier Watchlist
- Nigeria's capital market bodies, CIS and ASHON, praised S&P Dow Jones Indices for placing Nigeria on its 2027 Watchlist for potential reclassification to a Frontier Market. - S&P DJI cited modernizeโฆ
FAAC shares N2.55tn as June revenue jumps
- The Federation Account Allocation Committee (FAAC) distributed N2.55tn from June 2026 revenue, an increase of N250bn from the previous month. - This represents a 10.9% month-on-month rise, continuinโฆ
โCBN may hike rates as election spending pressures riseโ
- A capital market economist warns the Central Bank of Nigeria may hike interest rates in the latter half of 2026 due to increased liquidity pressures ahead of the 2027 general elections. - Historicalโฆ
Strengthening NELFUND: Future of education financing in Nigeria
- Nigeria's Student Loan Fund (NELFUND) has disbursed N161.97 billion to 864,798 students across 263 institutions as of January 2026, aiming to address financial barriers to higher education. - The fuโฆ
NDDC unveils $500m fund to boost agriculture
- The Nigerian government and the Niger Delta Development Commission launched a $500 million fund to boost agriculture and diversify the economy in the Niger Delta region. - The Niger Delta Agriculturโฆ
Skilled Trades Future Bright, But Young Greeks Look Elsewhere
- Greece faces a shortage of skilled tradespeople, with 74% of businesses reporting difficulty finding qualified staff. - Many young Greeks are turning away from technical professions, seeking easier โฆ
AADE: Bank accounts unblocked โ How to lift seizure by paying 25% of the debt
- Greece's Independent Authority for Public Revenue (AADE) is unblocking bank accounts seized due to tax debts. - Taxpayers can have their accounts unfrozen by paying 25% of the outstanding debt. - Thโฆ
KGM Tivoli: A value-for-money choice in the B-SUV category
- The KGM Tivoli is highlighted as a value-for-money option in the B-SUV segment. - It offers modern design, comfort, practicality, and competitive pricing with options for two or four-wheel drive. - โฆ
New MG3 model arrives in Greece at a more accessible price
- The new MG3 model is now available in Greece starting from โฌ16,450 for the gasoline version. - It offers an advanced infotainment system, connectivity, and rich equipment, with a 1.5-liter, 115-horsโฆ
PayPal attracts acquisition interest from Stripe and Advent International
- Fintech Stripe and private equity firm Advent International are reportedly interested in acquiring PayPal, valuing the payment company at $53 billion. - PayPal processes approximately $2 trillion inโฆ
China's Economy Slows to Three-Year Low in Second Quarter
- China's economy grew by 4.3% in the second quarter, its weakest performance in at least three years. - Weak domestic demand and the impact of the war in Iran on oil prices overshadowed strong exportโฆ
Fuel Pass: Countdown to voucher expiry
- Beneficiaries of the Fuel Pass must use their voucher by July 31, after which any remaining balance will be returned to the state. - The subsidy amount varies based on vehicle type, payment method, โฆ
Oil Prices Ease as Traders Weigh US-Iran Conflict Risks
- Oil prices declined Thursday as traders assessed escalating US-Iran tensions and potential disruptions to supplies via the Strait of Hormuz. - Brent crude futures fell 0.32% to $84.68 a barrel, and โฆ
Crude Oil Loading Suspended at All Iraqi Terminals after Drone Incident
- The United States announced a 25% tariff on various imports from Brazil, set to take effect July 22, following an investigation into trade policies. - Brazil condemned the tariffs, calling them unjuโฆ
Egypt's New Capital Gains Official Momentum Amid Limited Residential Occupancy
- Egypt's new administrative capital is gaining official momentum with more government events, though residential occupancy remains limited. - Over 30,000 people currently live in the city, with projeโฆ
UK Economy Recovers Modest Growth as Burnham Prepares to Take Power
- The UK economy showed signs of modest growth, recovering some of its previous losses. - This economic uptick occurs as Burnham prepares to assume power. - The recovery suggests resilience in the Briโฆ
Frasers Withholds Outlook as Hugo Boss and Accent Bids Cloud Forecast
- Frasers Group has not provided an earnings outlook due to uncertainty surrounding potential bids for Hugo Boss and Accent. - The company is evaluating unsolicited proposals for these stakes, which cโฆ
Saudi Inflation Steady at 1.8% as Mideast Conflict Fuels Global Price Fears
- Saudi Arabia's June inflation rate held steady at 1.8%, remaining among the G20's lowest. - Renewed Middle East conflict raises fears of higher energy costs and global inflation, but stable domesticโฆ
Japan to Recognize Cryptocurrency As 'Financial Assets'
- Japan will recognize cryptocurrency as a financial asset, aligning with global trends. - The move aims to provide regulatory clarity and protect investors. - This recognition is expected to foster iโฆ
Global Economy Faces Fresh Supply Shock as Hormuz Crisis Escalates
- Global oil supplies face a new shock as tensions escalate in the Strait of Hormuz. - The crisis in the vital waterway threatens to disrupt the flow of crude oil to international markets. - This deveโฆ
Bolivia delays decisions on crisis-hit state firms amid fiscal concerns
- Bolivia's government is delaying decisions on the future of 15 state-owned companies facing financial crises. - These companies have accumulated losses of Bs 5.177 million, representing 42% of the tโฆ
Southern Taiwan Emerging as Tech Hub, Ministry Says
- Taiwan's southern region is developing into a new technology corridor, driven by semiconductors, high-tech manufacturing, and green energy. - The Ministry of Economic Affairs highlighted this develoโฆ
Powertech invests $400 million with Broadcom for Singapore advanced packaging venture
- Powertech Technology Inc. will invest $400 million to establish a joint venture in Singapore with Broadcom. - The venture will focus on manufacturing advanced substrate materials for panel-level advโฆ
TSMC ADRs plunge 3% after strong earnings; Taiwan Futures Index drops nearly 1,000 points
- TSMC reported strong second-quarter financial results with record-high gross and operating margins, and earnings per share of NT$27.25. - The company raised its full-year revenue forecast to over 40โฆ
Foreign investors dump $1.5 billion in Taiwan stocks, but snap up Powerchip
- Foreign investors sold off 48.33 billion yuan in Taiwanese stocks on Thursday. - Despite the sell-off, foreign investors bought nearly 100,000 shares of Powerchip Semiconductor Manufacturing Corp. oโฆ
Taiwan launches Qing'an 3.0 housing loan with extended subsidies
- Taiwan's Executive Yuan approved the "Youth Home Purchase Loan" (Qing'an 3.0) program, extending interest subsidies for married and child-rearing families. - The program maintains a 40-year loan terโฆ
Qing'an 3.0 Approved: Taiwan Realty Believes it Can Stabilize the Current Housing Market Foundation
- Taiwan's "Qing'an 3.0" housing loan program has been approved, with increased loan limits for newlyweds and families with children. - The program aims to stabilize the housing market by boosting demโฆ
Qing'an 3.0 housing subsidy program offers extended benefits for Taiwanese homebuyers
- Taiwan's government has launched "Qing'an 3.0," an enhanced housing subsidy program aimed at easing the burden for young couples and first-time homebuyers. - The program extends subsidies for three โฆ
Taiwan housing loan program 'Qing An 3.0' unlikely to boost market, says bank executive
- A public bank executive believes the new "Qing An 3.0" housing loan program will have little impact on the sluggish property market. - The executive supports the program's adjustments, including an โฆ
Australian Couple Earns Over A$120,000 Annually from Low-Effort Laundromat Side Business
- An Australian couple turned a simple laundromat into a lucrative side business, generating approximately A$120,000 (NT$2.69 million) in revenue in one year. - They manage the business for only 4-6 hโฆ
Many are mistaken! Bequest is not inheritance; missing 'this step' in land transfer could prevent title transfer
- Taiwanese tax authorities clarify the difference between inheritance ('jicheng') and bequest ('yizeng') for land transfers. - Land transferred via bequest is subject to land value increment tax, unlโฆ
Trump Administration Considers $100,000 Deposit for Overseas Green Card Applicants
- The Trump administration is considering a $100,000 deposit for overseas green card applicants. - This measure aims to ensure immigrants can be self-sufficient and is part of broader efforts to regulโฆ
Taiwanese Mangoes Enter European Market Amid Push to Diversify Trade
- Taiwan's Irwin mangoes have been exported to France and the UK for the first time, marking their entry into the European market. - While Taiwan is globally recognized for AI chips, this initiative hโฆ
US Adds 440,000 Millionaires in 2025, Driven by Habits Not Luck: UBS Report
- A new report from UBS indicates that the United States gained approximately 440,000 millionaires in 2025, averaging about 1,200 new millionaires daily. - The report attributes this wealth surge not โฆ
Taiwan's housing loan program fuels speculation, opposition claims
- Taiwan's ruling party chairman criticized the new youth housing loan program, stating it inflated housing prices by 11.5% in six months. - He demanded the president apologize for policies that allegโฆ
South Korea's central bank raises interest rates for the first time in over three years
- South Korea's central bank raised its benchmark interest rate by 0.25 percentage points to 2.75%. - This marks the first rate hike since January 2023, driven by persistent inflation and a weakening โฆ
Asian Stocks Plunge Amidst Tech Sell-off; Taiwan Index Drops 495 Points
- Asian stock markets plunged on Wednesday, with South Korea's KOSPI falling nearly 6% and triggering a circuit breaker, while Japan's Nikkei dropped nearly 2,000 points. - Taiwan's stock index also fโฆ
Taiwan Power Company app offers points to offset electricity bills
- The Taiwan Power Company (TPC) app offers a "Power Points" feature allowing users to earn points by completing energy-saving tasks. - These accumulated points can be redeemed to offset electricity bโฆ
95-year-old Warren Buffett warns against stock market speculation
- Warren Buffett, 95, criticized the current stock market for being driven by speculation rather than long-term investment. - He noted that finding valuable investment opportunities is becoming increaโฆ
Oil price threat looms! White House reportedly considering extending century-old 'Jones Act' exemption | Liberty Times (TW) | 01KXM5CB398DDFWHQHSN1XG2DA
- The White House is reportedly considering extending waivers for the century-old Jones Act to address rising oil prices and geopolitical tensions in the Middle East. - The Jones Act requires goods shโฆ
Taiwan's CPC Corp. Posts First-Half Profit Despite Frozen Prices, Faces Rising Costs
- Taiwan's state-owned oil and gas company CPC Corp. reported a pre-tax profit of NT$13.3 billion ($400 million) in the first half of the year despite frozen domestic prices. - The company explained tโฆ
Chilean Senate Approves Major Economic Reform Package
- Chile's Senate approved a major economic reform package proposed by President Josรฉ Antonio Kast's government. - The reform aims to stimulate economic growth through tax benefits and investment incenโฆ
Colon Free Zone pushes expansion plan amid illicit trade accusations
- The Colon Free Zone in Panama is proceeding with an expansion plan despite accusations of facilitating illicit trade. - The free zone's general manager presented modernization projects, including a โฆ
Panama's Credit Card Debt Rises Amidst Financial Literacy Gaps
- Credit cards are a common financial tool in Panama, enabling purchases like housing, cars, and education, but can become a burden if overused. - A 24-year-old woman shared her experience of impulsivโฆ
Colรณn unemployment rate declining, Panama's Labor Minister says
- Panama's Minister of Labor reported a gradual decrease in the unemployment rate in the Colรณn province. - The government aims to create 80,000 formal jobs through the "Panamรก para Ti" program, involvโฆ
Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targets
- Snowflake unveiled a compensation package worth up to $448 million for CEO Sridhar Ramaswamy, tied to ambitious stock targets. - The award, totaling 1 million shares, requires the company's market vโฆ
India's Wipro misses first-quarter revenue expectations amid tech spending caution
- India's Wipro reported first-quarter revenue that fell short of analysts' expectations. - The company's revenue rose 10.6% year-on-year to 244.79 billion rupees. - Geopolitical uncertainty and AI diโฆ
US fires first shots in new tariffs offensive with 25% tax on most Brazil imports
- The U.S. has imposed 25% duties on most Brazilian imports, reviving a trade war strategy under the Trump administration. - This move could involve dozens of countries as the U.S. reworks its tariff โฆ
South Korea toughens regulations on single-stock leveraged ETFs
- South Korea's financial regulator has tightened rules for single-stock leveraged exchange-traded funds. - The Financial Services Commission will require investors to undergo additional training and โฆ
Credit card outage hits convenience stores, other merchants across Japan
- A system outage on July 16 caused credit card payment failures across convenience stores and other businesses in Japan. - Major credit card companies, including Mitsubishi UFJ NICOS and Sumitomo Mitโฆ
Japan finance minister: economic growth potential may warrant review of pension asset mix
- Japan's Finance Minister Satsuki Katayama suggested that increased economic growth potential could justify reviewing the pension fund's asset allocation. - The Government Pension Investment Fund (GPโฆ
US unveils new 25% tariff on certain imports from Brazil
- The US announced a 25% tariff on certain Brazilian imports, effective July 22, following a year-long investigation. - Products like beef, coffee, and aircraft parts are exempted, as are goods not prโฆ
New Zealand, Fiji renew five-year partnership
- New Zealand and Fiji have renewed their five-year Duavata Partnership, covering 2026-2030. - The agreement aims to boost bilateral trade to NZ$2 billion by 2030 and deepen cooperation in security, dโฆ
Ben Yeo shuts all 6 sliced fish soup stalls after 5-figure loss, opens affordable zi char spot in Yishun
- Mediacorp actor and entrepreneur Ben Yeo has closed all six of his Tan Xiang Sliced Fish Soup stalls due to a mid-five-figure loss. - Yeo cited the business failing to meet expectations and the needโฆ
South Korea regulator to announce new measures on single-stock leveraged ETFs
- South Korea's financial regulator will announce new measures for single-stock leveraged exchange-traded funds (ETFs). - The move comes amid growing concerns about the risks associated with these comโฆ
Singapore residents set to spend S$1 billion more a year in JB after RTS Link opens: Study
- Singapore residents are projected to spend an additional S$1 billion annually in Johor Bahru, Malaysia, once the Rapid Transit System (RTS) Link opens. - The study indicates that groceries, drug stoโฆ
Young Japanese who rode AI boom flaunt wealth with luxury buys
- Young Japanese investors are spending their stock market gains on luxury goods, including jewelry and sports cars. This spending spree signals a growing appetite for conspicuous consumption among Geโฆ
US escalates trade war with Brazil, imposing 25% tariffs on key products
- The US has imposed a 25% tariff on several Brazilian products following an investigation by the US Trade Representative's office. - Brazil's presidency immediately rejected the tariffs as "illegal" โฆ
Moroccan Bank Investigates Officials Over Suspicious Credit Facilities
- A major Moroccan banking group is investigating allegations of granting credit facilities based on suspicious documents. - Internal audits revealed potential involvement of officials in Casablanca, โฆ
Morocco's Economy Projected to Grow 4.8% in Q2 2026
- Morocco's economy is projected to grow by 4.8% in the second quarter of 2026, driven by agricultural recovery and resilient services. - Global disruptions, including the conflict in Iran, have impacโฆ
Tanzania's Private Sector Urged to Lead National Development Vision 2050 Implementation
- Tanzania's private sector has been urged by the CEO Roundtable of Tanzania (CEOrt) to take a leading role in accelerating the implementation of the National Development Vision 2050. - CEOrt emphasizโฆ
Oil Market Absorbs War Shock Through Buffers, but Stocks Are Thinning: IMF
- The global oil market has absorbed significant disruption from the war in West Asia, according to the IMF. - Crucial buffers, like strategic reserves and spare production capacity, helped mitigate tโฆ
India Approves Semicon 2.0 Program With $13 Billion Budget to Boost Chip Manufacturing
- India's Union Cabinet approved the Semicon 2.0 program with a budget of Rs 1.27 lakh crore ($13.17 billion) to boost semiconductor manufacturing. - The initiative aims to strengthen the country's seโฆ
India-EU Free Trade Agreement hailed as 'win-win' deal
- India and the EU concluded a Free Trade Agreement (FTA) during the third India-EU Trade and Technology Council (TTC) Ministerial Meeting in Brussels. - Union Minister Piyush Goyal described the FTA โฆ
Saudi company expresses interest in billion-dollar investment in Bangladesh
- A Saudi delegation, led by the Vice Minister of Transport and Logistic Services, met with Bangladesh Prime Minister Tarique Rahman to discuss investment. - Red Sea Gateway Terminal International expโฆ
Jaishankar, Goyal participate in India-EU Business Roundtable
- Indian External Affairs Minister S Jaishankar and Commerce Minister Piyush Goyal attended the India-EU Business Roundtable in Brussels. - The event focused on strengthening economic ties and fosteriโฆ
Private pharmacies threaten to suspend direct payment system from August 1
- Private pharmacies in Tunisia threaten to suspend the "tiers payant" system on August 1. - They demand the National Health Insurance Fund (CNAM) settle all outstanding financial and contractual obliโฆ
Israel works to restore diplomatic ties with Colombia, new embassy to be established in Jerusalem
- Israel and Colombia agreed to fully restore diplomatic and economic relations, reversing a rupture initiated in May 2024. - The agreement includes exchanging ambassadors, abolishing visa requirementโฆ
Budapest's Rental Market Starts the Summer Season Uniquely
- Budapest's rental market is experiencing high demand, especially after university admission results are announced. - Young people are looking for furnished apartments near universities with good traโฆ
Argentinian Dairy Company Sudamericana de Lรกcteos Changes Hands, Aims to Resume Production
- Sudamericana de Lรกcteos, a dairy company, has changed ownership after being paralyzed for nearly six months. - The new owner, businessman Pablo Gonzรกlez, aims to restart production within 15 to 20 dโฆ
Argentina's rural workers to see salary adjustment in July 2026
- Rural workers in Argentina will see a salary adjustment in July 2026 as part of a previously agreed-upon parity increase. - The adjustment, detailed in disposition 643/2026, affects various categoriโฆ
Surprise in the market: Livestock fields already selling up to 30% more expensive, and the 'if Milei wins' factor begins to play
- Argentine rural real estate is experiencing a boom, with livestock fields seeing price increases of up to 30%. - Factors driving the market include macroeconomic stabilization, falling inflation, loโฆ
Gรถttingen's Steidl Publishing House Enters Preliminary Insolvency
- The renowned Steidl publishing house in Gรถttingen, Germany, has entered preliminary insolvency proceedings due to financial difficulties, primarily related to unpaid social security contributions. -โฆ
Chipmaker TSMC sees high demand, raises revenue target
- TSMC, the world's largest contract chip manufacturer, expects the AI boom to drive demand for semiconductors for a long time. - The company is increasing its investment in new facilities and technolโฆ
German chemical industry shrinks further amid falling production and revenue
- The German chemical industry experienced a 3% decline in production in the first half of 2026 compared to the previous year. - Revenue dropped by 1% to 106 billion euros, marking the third consecutiโฆ
Conflict: Export controls on helium - China seeks to secure supply
- China is seeking to secure its helium supply amidst global export controls. - The move aims to ensure stable access to helium, a critical component in various high-tech industries. - This action higโฆ
Fuel Prices Surge in Germany Amid Iran Conflict Escalation
- Fuel prices in Germany are rising rapidly, with diesel prices increasing significantly. - Diesel prices jumped over 6 cents per liter from Tuesday to Wednesday, the largest daily increase in nearly โฆ
Uber to acquire German food delivery giant Delivery Hero
- Uber has agreed to acquire the German food delivery company Delivery Hero for a sum of nearly 13 billion euros. - Delivery Hero, headquartered in Berlin, is one of the world's largest food delivery โฆ
Deindustrialization Looms: BASF's Retreat from Ludwigshafen Symbolizes German Industrial Shift
- BASF's gradual withdrawal from Ludwigshafen, Germany, signals a broader trend of deindustrialization. - The world's largest contiguous chemical site has been experiencing losses for years, with BASFโฆ
Migration: EU Commissioner Calls for Removal of German Border Controls
- EU Migration Commissioner Magnus Brunner calls for the gradual abolition of internal European border controls. - He cites a one-third drop in irregular border crossings at the EU's external borders โฆ
US Announces Tariffs on Various Brazilian Imports
- The United States has announced new tariffs on various imports from Brazil. - The specific details of the affected products and the tariff rates were not immediately available. - This move is part oโฆ
Da Nang Secretary Demands Swift Resolution of Stalled Projects
- Da Nang's Party Secretary, Le Ngoc Quang, inspected key projects facing prolonged difficulties on July 16. - He urged officials to quickly resolve issues hindering investment and unlock resources, eโฆ
Vietnam's Quang Ngai province opens two private ports for offshore fishing
- Two private fishing ports in Quang Ngai province, Vietnam, Sa Ky and Binh Chau, have been officially designated for offshore fishing vessels and for certifying seafood origin. - These designations aโฆ
Proposal to Increase Minimum Wage by 7.8% from January 1, 2027, Agreed Upon
- Vietnam's National Wage Council has unanimously proposed a 7.8% increase in the regional minimum wage, effective January 1, 2027. - The proposal follows negotiations where labor representatives initโฆ
VCCI: Proposed minimum wage hike is too high
- The Vietnam Chamber of Commerce and Industry (VCCI) deems the proposed minimum wage increase of 8-9% too high. - VCCI will negotiate with the National Wage Council to find a suitable adjustment for โฆ
Half of Young Adults Still Live at Home
- Half of American adults under 30 are now living with their parents, a trend possibly linked to the current housing market. - Financial expert Jill Schlesinger advises young adults living at home to โฆ
U.S. to impose 25% tariffs on Brazilian imports over unfair trade practices
- The U.S. will impose a 25% tariff on imports from Brazil, citing unfair trade practices. - The tariffs, effective July 22, will exempt certain goods like coffee and beef not produced in the U.S. - Bโฆ
United Airlines projects $6 billion surge in annual fuel costs
- United Airlines anticipates a $6 billion increase in annual fuel costs, driven by rising crude oil prices. - The airline already spent an additional $2.3 billion on fuel in the second quarter, an 84โฆ
US Immigrant Billionaires List Features Record Numbers, Turkish Names Noted
- Forbes' 2026 list of immigrant billionaires in the U.S. includes a record 144 individuals with a combined net worth of $2.2 trillion. - Immigrants constitute about 15% of U.S. billionaires and contrโฆ
AKP-Led Ordu Municipality Faces Widening Budget Deficit, Interest Payments Soar
- The Ordu Metropolitan Municipality, governed by the AKP party, faces a widening gap between its income and expenditures. - The municipality's 2025 activity report reveals a budget deficit of approxiโฆ
Turkey's Ruling Party Rejects Pension Increase, Union Objections on PTT Changes Ignored
- Turkey's ruling party rejected opposition proposals to increase the minimum pension to 23,552 lira. - All opposition motions to raise the pension amount were denied by the government. - Objections fโฆ
Tokayev proposes China jointly set new standards for global logistics
- Kazakhstan aims to become a key transport and logistics hub connecting China with Europe and other regions. - President Tokayev highlighted investments in infrastructure and the development of digitโฆ
Tokayev announced new joint projects between Kazakhstan and China
- Kazakhstan and China are expanding economic cooperation, with bilateral trade reaching a record $49 billion last year. - China has invested over $30 billion in Kazakhstan, supporting over 8,500 enteโฆ
Kazakhstan and China enter new โgolden thirty years,โ Tokayev says
- Kazakhstan and China have entered a new era of cooperation, which President Kassym-Jomart Tokayev described as a "golden thirty years." - Tokayev met with heads of Chinese high-tech companies, praisโฆ
Kazakhstan to Officially Launch Digital Tenge on July 18
- Kazakhstan will officially launch its digital tenge on July 18, integrating it as a legal form of national currency. - The National Bank of Kazakhstan will exclusively manage the digital currency's โฆ
Zimbabwe Secures Duty-Free Access to Chinese Market
- Zimbabwe has fulfilled all requirements to gain duty-free access to the Chinese market. - Zimbabwean exporters can now obtain Certificates of Origin from ZimTrade for exports shipped to China on or โฆ
Zimbabwe Mining Workers to Earn Minimum $418 Monthly Under New Wage Deal
- Zimbabwe's mining sector has implemented a new wage structure, raising the minimum monthly salary for the lowest-paid workers to US$418. - The agreement, effective from January 1 to December 31, 202โฆ
Video: Egyptโs national projects matter but citizens deserve priority: Mohamed Anwar al-Sadat
- Mohamed Anwar al-Sadat, founder of the Reform and Development Party, criticized Egypt's focus on national projects over citizen welfare. - He warned that extensive macroeconomic spending has burdeneโฆ
Egypt's agricultural sector sees 'unprecedented quantum leap' in line with state vision
- Egypt's Prime Minister Mostafa Madbouly highlighted an "unprecedented transformation" in the agricultural sector, aligning with the state's vision for growth. - The government prioritizes food securโฆ
Egypt, France Mull Boosting Investments, Exports
- Egypt is implementing reforms to improve its business environment and attract investors. - The government met with French Ambassador and French companies to discuss expanding investments and exportsโฆ
US announces new 25% tariffs on Brazil for โunfairโ trade practices
- The US will impose a 25% tariff on certain Brazilian imports due to "unfair" trade practices, according to a yearlong investigation. - The tariffs, effective July 22, target digital trade, market acโฆ
Predatory lending victims set three conditions for agreement
- Victims of predatory lending have set three non-negotiable demands ahead of a fourth round of negotiations with the government. - The Central Committee of the Farmers and Workers' Movement Against Lโฆ
Nepal Distributes Over 48,000 Murrah Buffalo Semen Doses to Boost Dairy Production
- Nepal's Department of Livestock Services distributed over 48,000 doses of Murrah buffalo semen to farmers. - The initiative aims to improve buffalo breeds and boost milk production, leveraging semenโฆ
Government tightens procurement law with penalties, faster bidding and pricing reforms
- Nepal amended its Public Procurement Act 2007 to include criminal liability for contractors misusing advance payments. - The new law shortens bidding timelines and reforms pricing mechanisms to imprโฆ
Banks sit on Rs1.56 trillion in excess liquidity as weak credit demand persists
- Banks in Nepal hold Rs1.56 trillion in excess liquidity as of July 10, a persistent surplus driven by strong remittance inflows and weak loan demand. - Factors contributing to sluggish credit expansโฆ
Malaysia Parliament Approves Statistics Bill 2026 to Strengthen Data Governance
- Malaysia's Dewan Rakyat approved the Statistics Bill 2026, replacing the 1965 act to enhance national data governance and evidence-based policymaking. - The new bill details the functions of the Depโฆ
Only 49% of Malaysian workers satisfied with current salaries, report finds
- Only 49% of Malaysian workers are satisfied with their current salaries, despite 81% believing their pay is fair for their role. - A Jobstreet by Seek report shows workers increasingly value recogniโฆ
Matrade, DHL Express Boost SME Export Readiness
- Matrade and DHL Express signed a new MoU to boost Malaysian SMEs' export readiness and competitiveness. - The partnership aims to help SMEs overcome market barriers and explore international opportuโฆ
UOB Malaysia Wins Best Bank and Best Sustainable Bank Awards for Second Consecutive Year
- UOB Malaysia received the Best Bank and Best Sustainable Bank awards for the second consecutive year at the FinanceAsia Annual Awards. - The recognition highlights the bank's commitment to Malaysia'โฆ
PAC considers investigating EPF's investment in eFishery amid fraud allegations
- Malaysia's Parliamentary Select Committee on Public Accounts (PAC) will consider investigating the Employees Provident Fund's (EPF) investment in Indonesian aquaculture startup eFishery. - The EPF rโฆ
Malaysia PM: Insurance Premium Hikes Must Be Data-Driven and Gradual
- Malaysia's Prime Minister stated that insurance premium adjustments must be based on actual claims data and implemented gradually. - Bank Negara Malaysia will monitor pricing practices to protect coโฆ
Malaysian BNPL Users Surge to Eight Million, Accumulated Balance Hits RM5.3 Billion
- The number of active users for 'buy now, pay later' (BNPL) services in Malaysia reached eight million in the first quarter of 2026. - The total accumulated BNPL balance stood at RM5.3 billion duringโฆ
Drought affects rice, but boosts durian yields in Malaysia
- Drought conditions are impacting rice cultivation and fisheries in Malaysia but boosting the production of certain fruits, notably durian. - The high yield of durian this year is making the fruit moโฆ
Malaysia sees no need for separate electricity bill ombudsman
- Malaysia sees no immediate need to establish an independent electricity bill ombudsman, citing existing complaint mechanisms as sufficient. - The Deputy Prime Minister stated that the Energy Commissโฆ
Malaysia's KWAP Loses Nearly RM200 Million in Indonesian Ag-Tech Scam
- Malaysia's retirement fund KWAP lost nearly RM200 million ($47.7 million) by investing in Indonesian agritech startup eFishery. - Prime Minister Anwar Ibrahim stated the investment followed due diliโฆ
U.S. expands sanctions on Iran's oil, crypto assets
- The U.S. has expanded economic sanctions against Iran, targeting its oil sector and petroleum shipping networks. - The Treasury Department also froze $130 million in digital assets linked to Iran's โฆ
Fuel subsidies remain, fiscal deficit expected at 3.6%
- Malaysia's fiscal deficit is projected to widen slightly to 3.6% of GDP this year, primarily due to sustained fuel subsidies. - Increased spending on fuel subsidies in March and April has already reโฆ
Document Checks Cripple Lubumbashi Transport, Sending Fares Soaring
- Lubumbashi has seen a 50% surge in public transport fares following a mandatory vehicle document check operation launched on July 5. - The operation has led to a shortage of compliant minibuses and โฆ
Car Ownership in Germany: Insurance, Not Fuel, Drains Wallets the Most
- Annual car ownership costs in Germany vary significantly by city, with some exceeding 3,600 euros. - Berlin is the most expensive city at nearly 3,700 euros annually, largely due to high comprehensiโฆ
How Bezos risked it all for Amazon, creating a retail giant
- Jeff Bezos left a lucrative Wall Street career to found Amazon, driven by the internet's rapid growth and a "regret minimization framework." - He envisioned Amazon as a "store for everything," priorโฆ
Is Russia Exploiting a Loophole in Norway? | Aftenposten NO
- Norway is investigating whether Russian vessels are exploiting a loophole to illegally import fuel while officially delivering fish. - Russian ships are reportedly using Norway as a transit point foโฆ
H&M to Close Over 130 Stores Worldwide; Retailer Explains Decision and Future Plans | Adevฤrul RO
- H&M plans to close more than 130 stores globally as part of a portfolio optimization strategy. - The fashion retailer aims to streamline its physical store presence while adapting to market changes.โฆ
Romanian Used Car Dealer Sparks Debate by Sharing Profit Calculations
- A Romanian used car dealer shared his calculations on profit margins for selling second-hand vehicles. - The post on Reddit sparked a wide debate about the profitability of the used car market. - Thโฆ
Garlic Program Surprise: Farmers in Leading Romanian County Face Scrutiny Over Declared Land Shortfall
- Hundreds of farmers in a leading Romanian county face scrutiny over garlic cultivation declarations. - Inspectors found significantly fewer cultivated hectares than farmers reported for state subsidโฆ
Homeplus secures emergency funds, averting bankruptcy but facing recovery challenges
- Homeplus has secured a 200 billion won emergency operating fund (DIP) from its largest creditor, Meritz Financial Group, averting bankruptcy. - The deal was finalized after MBK Partners and its chaiโฆ
PHEVs fill gap in South Korean market as foreign brands challenge domestic absence
- Plug-in hybrid electric vehicles (PHEVs) are gaining traction in South Korea as a middle ground between electric cars and traditional hybrids, particularly for drivers concerned about charging infraโฆ
Seoul managing Coupang issue to avoid straining ties with U.S.
- South Korea's Ministry of Foreign Affairs stated it is managing the Coupang issue to prevent it from burdening South Korea-U.S. relations. - The ministry emphasized that all investigations and measuโฆ
"TSMC-Level Process Water Reuse"... Choo Mi-ae Issues Administrative Guidance to Samsung, SK
- Gyeonggi Province Governor Choo Mi-ae issued administrative guidance to Samsung Electronics and SK Hynix. - The guidance urges the companies to increase the reuse rate of process water and reduce waโฆ
Supreme Court Recognizes Worker Status for POSCO's Second-Tier Subcontractors, Affirming Dispatch Relationship
- South Korea's Supreme Court recognized the worker status of employees of POSCO's second-tier subcontractors for the first time. - The ruling confirmed a "dispatch relationship," meaning POSCO is conโฆ
South Korean bond yields fall despite central bank rate hike amid eased inflation fears
- Despite the Bank of Korea raising its benchmark interest rate for the first time in 3.5 years, South Korean government bond yields fell on June 16. - Market participants attributed the decline to eaโฆ
Taiwan's TSMC Reports Surprise Q2 Profit, Plans $100 Billion U.S. Investment
- Taiwan's TSMC reported a surprise second-quarter profit that exceeded expectations. - The company's quarterly operating profit margin increased by 10 percentage points year-on-year, driven by strongโฆ
Uber to acquire Delivery Hero, bringing Baedal Minjok under its wing
- Uber is acquiring Delivery Hero's food delivery business in a deal valued at approximately $14.8 billion (21.9 trillion won). - This acquisition will bring Delivery Hero's operations, including Soutโฆ
Dependent support requirement for severe disability benefits to be abolished next year; basic pension selection criteria also to change
- South Korea plans to abolish the dependent support requirement for severe disability livelihood benefits starting in the second half of next year. - The government will also reform the basic pensionโฆ
South Korea hikes deposit for single-stock leveraged trades to curb volatility
- South Korea's Financial Services Commission is raising the required deposit for trading leveraged products tied to single stocks like Samsung Electronics and SK Hynix from 10 million to 30 million wโฆ
South Korea raises deposit requirement for leveraged ETFs to curb market volatility
- South Korea's financial authorities are increasing the required deposit for single-stock leveraged ETFs from 10 million won to 30 million won. - The move aims to curb volatility in the stock market,โฆ
โPartner companies are POSCOโs competitivenessโโฆ POSCO Group expands win-win cooperation with 5,300 partners
- POSCO Group signed a "win-win" agreement with 5,300 partner companies to expand mutual growth initiatives beyond first-tier suppliers. - The agreement focuses on improving payment terms, activating โฆ
Semiconductor Boom Not Eternal: Minister Calls for Focus on AI, Regions, and Ecosystems
- The current semiconductor boom may not last indefinitely, according to South Korea's Minister of Trade, Industry and Energy. - He urged the nation to build new growth foundations centered on AI, regโฆ
International Flight Fuel Surcharges to Drop in August; New York Route One-Way Fare Falls 24.6%
- International flight fuel surcharges will decrease in August, returning to levels seen in March and April. - For example, a one-way ticket to New York will cost 259,200 won, a 24.6% reduction from Jโฆ
South Korean President Orders Fixes for Incheon Airport Parking, Transportation Issues
- South Korean President Lee Jae-myung ordered improvements to traffic and transportation issues at Incheon International Airport. - The Ministry of Land, Infrastructure and Transport reported that cuโฆ
President Lee orders increased construction site inspectors amid illegal subcontracting concerns
- President Lee Jae-myung ordered the Ministry of Land, Infrastructure and Transport to increase on-site personnel for inspecting illegal subcontracting in construction. - The ministry currently has oโฆ
Unique Community Features Drive Sell-Out of Masan Apartment Complex
- The 'Metropolis Asset Desian' apartment complex in Masan, Changwon, has sold all 1,250 units within two months of its sales launch. - The complex's success is attributed to its unique community faciโฆ
Samsung Semiconductor Staff Eyeing Exit Despite Huge Bonuses
- Nearly half of Samsung Electronics' semiconductor division employees (49.5%) intend to leave their jobs within two years, despite receiving performance bonuses up to 600 million won. - The foundry dโฆ
Prices for Hetbahn, Dumplings to Rise as 'Table Prices' See Broad Increases
- Prices for staple food items like Hetbahn (instant rice) and dumplings are set to increase. - This rise in food costs is part of a broader trend affecting the "table price" or everyday food expensesโฆ
Trade Minister Cautions Semiconductor Boom May Not Last, Urges Future Investment
- South Korea's Trade Minister Kim Jung-kwan expressed caution about the sustainability of the current semiconductor boom. - He urged companies to invest profits in future growth rather than solely foโฆ
South Korean minister prioritizes semiconductor investment over profit distribution
- South Korean Industry Minister Ahn Duk-geun stated that discussions on profit distribution in the semiconductor industry will follow a major government direction. - He emphasized that the semiconducโฆ
Evolution of the 'national standard' 84ใก: 'Icheon Humanville Class One' offers 536 units
- A new apartment complex, 'Icheon Humanville Class One,' offers 536 units in the popular 84ใก 'national standard' size. - The complex features three distinct 'lifestyle-specialized floor plans' designโฆ
Emergency F4 Meeting Held: Supplementary Measures for Leveraged ETFs Announced
- South Korea's economic and financial authorities held an emergency meeting to address stock market volatility. - The meeting focused on measures to regulate single-stock leveraged ETFs, which have iโฆ
Samsung Pledges 200 Billion Won for Inclusive Finance as Part of 5 Trillion Won Social Contribution Goal
- Samsung has pledged 200 billion won (approximately $135 million USD) towards inclusive finance initiatives. - This contribution is part of a larger commitment by Samsung to contribute 5 trillion wonโฆ
Seoul Villa Sales Surge 46% as Buyers Seek Alternatives Amid Apartment Market Squeeze
- Sales of villas in Seoul increased by nearly 46% in the first five months of the year compared to the previous year. - This surge contrasts with a slight decrease in apartment sales and rental transโฆ
Kim Jeong-gwan: Semiconductor Boom Not Universal; Invest Over Distribute Profits
- Kim Jeong-gwan argued that the semiconductor industry's boom does not benefit all companies, urging investment over profit distribution. - He emphasized that focusing solely on profits risks neglectโฆ
Seoul Credit Guarantee Foundation and KT Partner to Support Young Entrepreneurs' Store Branding
- The Seoul Credit Guarantee Foundation and KT have signed an MOU to support young entrepreneurs. - The partnership links the foundation's 'Prep Academy' for restaurant startups with KT's 'Y-๋ก์ด ๊ฐ๊ฒ' prโฆ
Trump Eyes Korean Shipyards for U.S. Naval Expansion
- U.S. President Donald Trump suggested the possibility of expanding cooperation with South Korean shipbuilding companies and purchasing vessels built abroad. - He emphasized the need to strengthen thโฆ
Duksung Women's University signs trilateral MOU to enhance agricultural capacity in Cambodia
- Duksung Women's University signed a trilateral MOU with the National University of Battambang and Yangpyeong County Agricultural Technology Center to enhance agricultural education and technology exโฆ
South Korea races to legislate stablecoins by September amid U.S. push for dollar dominance
- South Korean lawmakers are pushing to pass legislation on stablecoins by September, aiming to align with global digital asset trends and protect national financial sovereignty. - A seminar discussedโฆ
Bank of Korea raises key interest rate by 0.25% points in unanimous decision
- The Bank of Korea's Monetary Policy Board raised the benchmark interest rate by 0.25 percentage points to 2.75%, marking the first increase in three and a half years. - The decision, unanimously appโฆ
South Korean Investors Suffer Heavy Losses on Single-Stock Leveraged ETFs
- Leveraged and inverse ETFs tracking single stocks like Samsung Electronics and SK Hynix have incurred significant losses, exceeding 40% in some cases. - Investors are experiencing losses even when cโฆ
Lotte Group Chairman Urges Focus on Core Business Strength Amid Growth Stagnation
- Lotte Group Chairman Shin Dong-bin urged executives to focus on strengthening core businesses amid a growth slowdown. - He acknowledged recent performance improvements but noted the market remains cโฆ
IBK Reports $60 Million Financial Fraud at Overseas Subsidiary
- IBK Industrial Bank of Korea reported a financial incident involving its overseas subsidiary, resulting in a loss of approximately 83.4 billion won. - The incident reportedly involved fraud by an exโฆ
South Korean minister warns semiconductor boom isn't societal prosperity, urges focus on AI, regional growth
- Industry Minister Kim Jung-kwan warns that the current semiconductor boom does not guarantee overall societal prosperity and urges preparation for lean times. - He identifies artificial intelligenceโฆ
Naver Introduces 'N-Delivery FBN' Fulfillment Solution to Expand Early Morning and Sunday Deliveries
- Naver is launching an open beta for its fulfillment solution, 'N-Delivery FBN,' expanding delivery options for its Smart Store. - The service aims to reduce sellers' operational burdens and offer usโฆ
South Korean Fruit Exports Hit Record High, Driven by Strawberries and K-Content
- South Korea's fruit exports reached a record high in the first half of the year, increasing by nearly 20% compared to the same period last year. - Strawberries accounted for over 60% of the total exโฆ
South Korea Raises Key Interest Rate for First Time in 3.5 Years
- South Korea's central bank raised its key interest rate by 0.25 percentage points to 2.75%, marking the first hike in three and a half years. - The move reverses a period of monetary easing that begโฆ
Bank of Korea Raises Key Rate by 0.25% Point, Entering Tightening Phase After 3.5 Years
- The Bank of Korea raised its benchmark interest rate by 0.25 percentage points to 2.75%, signaling a shift to a tightening monetary policy. - This move aims to curb rising inflation, which has exceeโฆ
The Reversal of Interest Rates: Will Tokyo's Power Couples Survive (feat. Bubble Collapse Theory) [Deep Dive]
- Tokyo's housing market is experiencing unprecedented price surges, with new apartments in central wards exceeding $2 million and older units also seeing dramatic increases. - This boom contrasts shaโฆ
Regional Startups Connect with Investors at Korea Angel Investment Association's Scale-Up Summit
- The Korea Angel Investment Association hosted the 'Scale-Up Summit 2026' to connect regional startups with investors. - Fourteen promising tech and agri-food startups presented their businesses, witโฆ
Bank of Korea raises key interest rate by 0.25% to 2.75%, first hike in 3.5 years
- The Bank of Korea's Monetary Policy Committee raised the benchmark interest rate by 0.25 percentage points to 2.75%. - This marks the first rate hike in three years and six months, signaling a shiftโฆ
Bank of Korea raises key interest rate by 0.25% to 2.75%, first hike in 3.5 years
- The Bank of Korea's Monetary Policy Committee raised the benchmark interest rate by 0.25 percentage points to 2.75%. - This marks the first rate hike in three years and six months, signaling a shiftโฆ
KOSPI plunges 5%, sell-car activated as 7,000-point level breached again
- The KOSPI index plummeted by over 5% in early trading, falling below the 7,000-point mark. - Trading saw the activation of both buy and sell "side-car" mechanisms, indicating extreme volatility, witโฆ
[Breaking] Sell-side car activated as KOSPI plunges
- The KOSPI index plummeted by 4% on July 16, triggering a sell-side "car" mechanism on the stock market. - The index fell below the 7,000-point mark shortly after recovering above it the previous dayโฆ
Seoul Villa Transactions Surge 46% as Buyers Shun Expensive Apartments
- Apartment sales in Seoul decreased by 1.4% in the first five months of the year compared to the same period last year. - Sales of villas (row houses and multi-unit buildings) surged by 45.8% in the โฆ
Meritz Securities upgrades SK Telecom to 'Buy' on earnings recovery, dividend appeal
- Meritz Securities upgraded SK Telecom's investment rating from 'Hold' to 'Buy' on July 16th. - The brokerage also raised its target price for SK Telecom shares from 98,000 won to 110,000 won. - The โฆ
How to Spot Sustainable Companies Amidst Greenwashing Claims
- Identifying genuinely sustainable companies is challenging due to the inflationary use of the term "sustainability." - WU researcher Cordula Cerha advises consumers on how to distinguish between truโฆ
Austria Faces Slow Growth: Only 1% Annual Increase Expected Until 2030, IHS Forecasts [premium]
- Austria's economic growth is projected to average only 1% per year until 2030, following two years of recession. - When accounting for population growth, per capita GDP is expected to increase by a โฆ
Top Salaries: How Much is Enough in Austria's Public Sector?
- The article questions the necessity of high salaries for top positions in Austria's public sector. - It suggests that competitive salaries are not always required to attract qualified personnel. - Tโฆ
State Secretary Eibinger-Miedl wants to make private provisions tax-advantaged
- Austrian Finance State Secretary Barbara Eibinger-Miedl advocates for tax incentives to boost private pension savings. - She believes this is a logical next step after reforms to statutory and occupโฆ
GCB Bank MD pushes for stronger risk-sharing models to drive Africaโs growth
- Farihan Alhassan, Managing Director of GCB Bank PLC, argues that Africa's economic development challenges stem more from inadequate risk structures than capital scarcity. - He emphasized the need foโฆ
No decisions on Aughinish Alumina before report, says Justice Minister
- Ireland should await an independent report before making decisions on Aughinish Alumina, including potential EU sanctions. - Figures show Irish-made alumina exports to Russia more than doubled betweโฆ
Irish Dรกil to rise for summer recess until September
- Ireland's Dรกil will begin its summer recess on Thursday and return in mid-September. - Key government decisions loom regarding fuel prices and the Aughinish Alumina plant. - Fuel excise duty cuts arโฆ
Banco Azteca Honored for Financial Inclusion Leadership in Mexico for Third Consecutive Year
- Banco Azteca received the Champion of Financial Literacy and Inclusion Mexico award for the third consecutive year from Capital Finance International (CFI). - The award recognizes the bank's commitmโฆ
Banco Azteca launches 'Dรฉbito Negocio' to professionalize Mexican businesses
- Banco Azteca launched "Dรฉbito Negocio" to support Mexican entrepreneurs with financial management tools. - The service aims to professionalize businesses by offering digital solutions for organizatiโฆ
Jet fuel prices drag down country's air traffic
- Mexico's air traffic has declined, failing to meet tourism expectations linked to the World Cup. - Airlines are adjusting operations due to high jet fuel prices, prioritizing profitable routes. - Naโฆ
Government wants to limit ministerial spending increase to 0.4% in 2027, excluding debt and military costs
- The French government aims to limit ministerial spending increases to 0.4% in 2027, well below inflation. - This target excludes military spending and debt servicing costs. - The plan requires minisโฆ
Uber agrees to buy German food delivery firm Delivery Hero for 12.7 billion euros
- German food delivery company Delivery Hero has accepted a takeover offer from U.S. giant Uber for 12.7 billion euros. - Uber, already Delivery Hero's largest shareholder, aims to gain a majority staโฆ
Over 7,000 Kyrgyz Families Sign Social Contracts to Boost Income
- Over 7,000 low-income families in Kyrgyzstan have signed social contracts since the beginning of the year. - The 'Social Contract' project aims to improve the living standards of families facing difโฆ
Kyrgyzstan's average monthly salary rises 25 percent
- The average nominal monthly salary in Kyrgyzstan from January to May 2026 was 51,888 soms. - This represents a 25% increase compared to the same period in 2025. - The largest salary hikes were obserโฆ
Kyrgyzstan, Russia to boost cooperation on labor migration training
- Kyrgyzstan and Russia held a meeting to discuss cooperation in training skilled labor for ัััะดะพะฒะฐั ะผะธะณัะฐัะธั (labor migration). - The discussions focused on preparing qualified specialists aligned wiโฆ
Lithuania seeks alternatives to Belarusian fertilizers amid EU sanctions
- Lithuania is seeking alternatives to Belarusian fertilizers following EU sanctions. - The country is in talks with Uzbekistan and considering increasing domestic production. - The goal is to ensure โฆ
Estonian Official Notes Lack of Fisherman Feedback on New EU Rules
- An Estonian official stated that fishermen provided little feedback on new EU regulations. - The regulations, directly impacting fishermen, were introduced via an EU implementing regulation. - The mโฆ
Ukraine Expands Financial Sanctions on Russia to Cover Virtual Assets, Digital Services
- Ukraine has updated its financial sanctions against Russia, expanding restrictions to cover virtual assets and digital financial services. - The updated measures aim to close loopholes that Russia uโฆ
Tajikistan to import 1.35 million tons of wheat in 2025/26, FAO reports
- Tajikistan is projected to import 1.35 million tons of wheat in the 2025/26 marketing year, exceeding its average import levels. - Wheat imports, primarily from Kazakhstan, cover over half of the coโฆ
Biennale, Governor Zaia on EU Cuts: 'Our Finances Are in Order, Revenues Extraordinary. The EU Should Not Punish Freedom and Dialogue.'
- The governor of Italy's Veneto region, Luca Zaia, stated that the region's finances are in order and revenue is extraordinary. - He criticized potential funding cuts from the European Union, arguingโฆ
UK Government Takes British Steel into Public Ownership
- The UK government has taken British Steel into public ownership to protect domestic steelmaking and jobs. - The move secures the future of the Scunthorpe steelworks, which employs 2,700 people, afteโฆ
Can Andy Burnham solve the UK's housing crisis?
- Millions of people in England face unaffordable rents, long social housing waits, or are priced out of the market. - The average house price is nearly eight times average earnings, and Labour's pledโฆ
Swedish Forests at Risk as EU Debates Emissions Trading Reform
- Sweden is concerned that proposed EU emissions trading reforms could harm its forest industry. - Some EU countries, particularly in Eastern Europe, are pushing to reduce climate ambitions and increaโฆ
Fewer layoff warnings as Sweden's job market shows brighter signs
- Fewer people are being laid off, more are finding jobs, and unemployment is decreasing in Sweden. - This positive trend is observed across all genders, origins, and regions, though significant variaโฆ
Lessons from Germany for Sweden
- Sweden risks following Germany into an industrial crisis, with up to 20,000 automotive jobs potentially lost. - The article identifies five key mistakes Germany made in the 2010s, including its "Eneโฆ
COMMENTARY - The Zurich city council demands top salaries. The thinking behind it is dangerous: the state cannot create wealth itself
- The Zurich city council is seeking a top salary for itself, a move described as dangerous. - The article argues that the state cannot create wealth independently and that rising public sector wages โฆ
Carbon credits and long-haul flights: Europe must not miss the boat
- The European Commission is set to propose changes to the EU Emissions Trading System (ETS), potentially including long-haul flights. - The aviation industry is divided between those favoring the staโฆ
$100 million tourism project questioned
- Questions are being raised about the effectiveness of the Na Vualiku tourism project in Vanua Levu, Fiji. - Opposition MPs are concerned that the project's focus on beautification may not attract suโฆ
MSAF clarifies seafarer shortage claim
- The Maritime Safety Authority of Fiji (MSAF) states the country trains enough seafarers for its domestic industry. - Companies face challenges recruiting experienced senior officers, not a general sโฆ
China's economic growth hits 3-decade low, AI offers some support
- China's economic growth slowed to 4.3% in the second quarter, its lowest in over three decades, failing to meet the official target of 4.5-5%. - The State Statistical Bureau cited external instabiliโฆ
Dark clouds gather over American financial dominance as Brazil defends Pix system
- Brazil's Pix instant payment system is challenging the dominance of U.S. companies like Visa and Mastercard. - The U.S. proposed a 25% tariff on Brazil, but Brazil's president and a rival politicianโฆ
New Offices Raise Standards in Slovenia's Rental Market
- Slovenia's commercial real estate market, particularly in Ljubljana, is transforming due to new premium-class constructions. - Companies increasingly recognize the importance of indoor air quality fโฆ
Slovenia's Aid to Ukraine Totals 452 Million Euros
- Slovenia has provided approximately 452 million euros in aid to Ukraine, ranking it mid-tier among supporting nations relative to its economic strength. - Direct aid amounts to about 142 million eurโฆ
BHP workers to strike as mining giant hits record production
- BHP reports record iron ore production amid a looming strike by its Western Australian workforce. - Unionized workers will strike for eight hours today, marking the most significant industrial actioโฆ
Australia's only manganese smelter to close immediately after sale fails
- Australia's sole manganese smelter, the Liberty Bell Bay smelter in Tasmania, will close immediately. - Administrators could not secure a buyer after a preferred bidder withdrew due to funding issueโฆ
Chilean tax authority registers 25 online betting sites for VAT payment
- Chile's Internal Revenue Service (SII) has registered 25 online betting websites for Value Added Tax (IVA) payment. - This follows the SII's alert that no companies had initially complied with the nโฆ
Senate bill seeks to curb US reliance on China in drug industry
- US senators introduced bipartisan legislation to increase scrutiny of Chinese investment in the pharmaceutical and biotechnology sectors. - The bill aims to enhance transparency regarding foreign inโฆ
