ICT, e-commerce drive 23.5% of Malaysia’s GDP in ’23
The Information and Communication Technology (ICT) and e-commerce sectors played a crucial role in Malaysia's…
Browsing Tag
Gross Domestic Product (GDP)
Putin: Russia’s GDP poised for 4% growth in ’24
Russia's gross domestic product (GDP) is projected to grow by 3.9 per cent to 4 per cent in 2024, marking an 8 per…
India to update GDP base year to ’23
India will update the base year for calculating gross domestic product (GDP) to fiscal 2023 from fiscal 2012.
India’s economic growth slows in Q2 ’24
India's real gross domestic product (GDP) growth slowed to 5.4 per cent in the second quarter of the current fiscal…
S. Korea’s economy grows slightly in Q3 – BOK
South Korea's real gross domestic product (GDP) grew by a marginal 0.1 per cent in the third quarter of 2024…
Thai businesses urge c. bank to stabilise baht
Thai businesses are calling on the central bank to take action to stabilise the local currency.
Turkey’s GDP grows in Q2 ’24
Turkey's Gross Domestic Product (GDP) increased by 2.5 per cent in the second quarter of 2024, compared to the same…
Germany’s GDP contracts 0.1% in Q2 ’24
Germany's gross domestic product (GDP) decreased by 0.1 per cent in the second quarter of 2024 compared to the…
Philippine economy rises by 6.3% YoY in Q2
The Philippine economy continued its robust growth trajectory, with the Gross Domestic Product (GDP) expanding by…
S&P affirms Indonesia’s BBB investment grade rating
S&P Global Ratings has reaffirmed Indonesia's credit rating at BBB with a stable outlook.
Taiwan’s growth likely to slow in Q2 ’24 – poll
Taiwan's economic growth is likely to have moderated in the second quarter of 2024, a Reuters poll revealed on…
China’s power consumption surges 5.8% in June
China's electricity consumption in June increased by 5.8 per cent, reaching 820.5 billion kilowatt-hours (kWh).
COMESA Business Council: SMEs drive 43% of Egypt’s GDP
Small and medium enterprises (SMEs) constitute 43 per cent of Egypt’s gross domestic product (GDP), employing over…
UK GDP flat in April – ONS
Britain's economic output remained unchanged in April, as reported by the Office for National Statistics (ONS) on…
France’s GDP grows 0.2% in q1 ’24
France’s Gross Domestic Product (GDP) experienced a moderate increase of 0.2 per cent in Q1 2024, following a 0.1…
Spain’s GDP grows 0.6% in Q4
Spain’s gross domestic product (GDP) saw a steady increase in the final quarter of the year, with a 0.6 per cent…
UK’s slips into tech recession in Q4 ’23,
UK’s economy experienced a recession in the second half of 2023, presenting a formidable challenge for Prime…
Japan slips into recession
Japan unexpectedly fell into a recession at the end of 2023, losing its position as the world's third-largest…
Egypt made significant efforts to improve economy – PM
Egyptian Prime Minister Dr Moustafa Madbouly highlighted on Monday the Egyptian government's progress in building a…
IMF team to visit Tunisia in coming weeks
A team from the International Monetary Fund (IMF) is set to visit Tunisia in the coming weeks to inspect the latest…
Egypt’s hotel occupancy hits 80% in H1
Egypt’s hotel occupancy rate rose by around 80 percent during the first half (H1) of the year, a government…
Fitch downgrades Tunisia’s rating to CCC-
Fitch Ratings downgraded Tunisia’s credit rating from CCC+ to CCC- on Friday, amidst economic uncertainty and…
U.S. GDP cringes 0.9% in Q2 raising recession signal
U.S. economy shrunk for the second straight quarter from April to June, as the Gross Domestic Product (GDP) fell…
World Bank revises up FY2021/22 GDP forecast for Egypt to 5.5%
The World Bank forecast on Tuesday revised up its forecast for Egypt’s GDP growth to 5.5 percent for the financial…
Fitch Solutions: Egypt’s real GDP growth seen growing to 5% in FY22, 5.5% in FY23
Egypt’s real GDP growth is projected to surge to 5 percent in the current financial year 2021/2022 that ends in…
World Bank: Egypt’s real GDP to grow 5.5% in FY 2022/23
Egypt’s real gross domestic product (GDP) will grow 4.5 percent in the financial year 2021/2022 – down from…
Egypt’s GDP seen growing 5.4% in 2021: UN report
Egypt’s gross domestic product (GDP) growth rate is estimated at 0.2 percent in 2020 despite the challenges posed…
IMF sees 6.4% growth in Egypt’s GDP in FY2021/22
The International Monetary Fund (IMF) expected that Egypt’s gross domestic product (GDP) will grow by 6.4 percent…
Egypt’s GDP drops by EGP 130 billion due to coronavirus – minister
The coronavirus crisis has resulted in a drop in the gross domestic product (GDP) by 130 billion Egyptian pounds…
Egypt’s GDP rises 5.5% in three months
Egypt’s gross domestic product (GDP) went up by 5.5 percent during the October-December 2018 period from 5.3…
Egypt’s inflation likely to fall 10.7% in FY2019/20: Pharos
Egyptian inflation rate is expected to decline by 10.7 percent in financial year 2019/2020, Pharos Research…
Egypt’s economic wish list for 2019
The new year brought with it not just greetings but also jokes about how broke many people have become and how…
Egypt’s debt to GDP to reach 80% in 4yrs
The Egyptian government is planning to reduce the ratio of public debt to the gross domestic product (GDP) to the…
Egypt targets GDP growth rate of 10% in FY2029/30: minister
Egypt's Planning Minister Hala El-Saeed has said that the government seeks to achieve a gross domestic product…
Dollar prices jump on euro woes, Fed rate outlook
Dollar prices climbed to a two-week peak versus a currency basket on Friday, as concerns about the Italian budget…
Egypt’s economy grows by 3.6 % in FY 2016/2017
Egypt's Gross Domestic Product (GDP) has recorded a growth of 3.6 percent during the financial year…
Egypt sees 5% up in GDP by end-FY2017/18: minister
Egypt expects its gross domestic product (GDP) will increase by five percent at the end of the financial…
European stocks end the day flat; Deutsche Bank shares up
European markets closed around the flat line Friday as trading desks began to thin out in a shortened trading day…
Asia stocks mixed; Nikkei snaps 11 straight sessions of gains
Asia markets were a mixed bag on Monday as Australia gained after it appeared to dodge a possible downgrade for now…
Euro inches up, hovers near 3-week high as focus shifts to ECB
The euro held firm near a three-week high versus the dollar on Thursday, as investors turned their attention to the…