Economy

The study predicts a dramatic acceleration in the pace of digital transformation across Asia’s economies. In 2017, about 6% of the region’s GDP was derived from digital products and services created directly through the use of...

It was the first time employment has contracted in the fast-growing industry since the non-profit research firm The Solar Foundation began tracking solar jobs in 2010. The U.S. solar industry lost nearly 10,000 jobs last year,...

US payrolls expanded by 200,000 last month, driven by hiring in construction, food services, and healthcare, the US Labor Department said. The US labor market barrelled forward in January, as employers added more jobs than expected and...

Capita shares have plunged over 40% after the outsourcing firm warned on profits and announced a major shake-up. New chief executive Jonathan Lewis said the company had become “too complex” and “driven by a short-term focus”...

U.S. West Texas Intermediate (WTI) crude futures CLc1 were unchanged at $64.30 a barrel. Trading was relatively slow due to a national holiday in the United States. Oil hovered below a three-year high near $70 a...

Civil service salaries in Chad, 2017 totaled 376 billion CFA francs (about 600 million euros/$720 million), roughly the equivalent of the combined revenue from income tax and customs duties. The cash-strapped central African nation of Chad...

The stated grants include payment of a monthly living allowance of 267 U.S. dollars for civil and military employees for one year and a reward of 1,333 U.S. dollars for military personnel participating in the front...

According to the Bangladesh Bank (BB) data, expatriate Bangladeshis have sent around US$9,700 billion from 2008 to 2017 which was around $7,700 billion higher than the amount sent in previous 10 years. Non-Resident Bangladeshis (NRBs) have...

Singapore’s trade-reliant economy has enjoyed a boost this year from an improvement in global demand, particularly for electronics products and components such as semiconductors. Singapore’s economy grew 3.5 percent in 2017 on the back of improved...

Japan’s trade surplus fell sharply in November, the government said Monday, as the rising cost of oil and smartphone imports outweighed strong exports of cars and steel. The world’s third-largest economy logged a surplus of 113.4...