Egypt scales up drug output, sees $466m in pharma exports by 2029
Egypt is accelerating efforts to localise pharmaceutical manufacturing, aiming to boost self-sufficiency, cut…
Browsing Tag
COVID-19
S. Korea sees biggest foreign outflows since March ’20
South Korea's capital markets saw the biggest foreign outflows in December since March 2020 due to increased…
Indonesia’s c. bank to buy 150t rupiah of state bonds
Indonesia's central bank will buy 150 trillion rupiah ($9.3 billion) of state bonds in the secondary market next…
BOK floods market with liquidity amid political turmoil
The Bank of Korea (BOK) has significantly increased its liquidity injections into the financial market to stabilise…
UK business optimism hits post-pandemic low, says IoD
UK's Institute of Directors (IoD) reported on Sunday that optimism among its members has plummeted to the lowest…
Global public debt to exceed $100T by year-end – IMF
Global public debt is set to exceed $100 trillion, or around 93 per cent of global GDP, by the end of 2024,…
OECD: Colombia’s economy to grow by 2.8% in ’25
Colombia's economy is projected to grow by 1.8 per cent in 2024, up from 0.6 per cent in 2023. The OECD expects…
India hikes taxes on equity investments, derivatives
The Indian Finance Minister Nirmala Sitharaman raised taxes on equity investments and derivatives, causing stock…
Angola aims to re-enter international bond markets in ’24
Angola aims to re-enter the international bond markets this year with a $1 billion bond, Finance Minister Vera…
Gulf markets dip as oil declines
Gulf stock markets were muted in early Tuesday trading due to declining oil prices as China’s economic reforms…