Economy
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Narendra Modi heads to Africa seeking to boost India’s economic influence
Jul 6, 2016News Hour: India’s Prime Minister Narendra Modi heads to Africa on Thursday, seeking to boost his country’s economic influence in a region long dominated by rival Asian power China, reports BSS. India has been working to... -
North Korea parliament to emerge of a new economic plan
Jun 30, 2016News Hour: North Korea was to convene a session of its legislative assembly on Wednesday, with observers looking for more details to emerge of a new economic plan announced at a rare party congress in May,... -
Thailand’s economy expected to grow 2.5 percent in 2016
Jun 29, 2016News Hour: Thailand’s economy is expected to grow by 2.5 percent in 2016, after growing 2.8 percent last year. While the global economy has been weakening and exports have been slowing, strong fundamentals and ample fiscal... -
China provides initial $50 million start-up contribution to establish AIIB’s project preparation special fund
Jun 27, 2016News Hour: AIIB President Jin Liqun and Chinese Vice Minister of Finance Shi Yaobin signed a Contribution Agreement today in Beijing on China’s $50 million contribution to the newly established AIIB Project Preparation Special Fund (the... -
Optimism is high for Uganda to diversify economy and growth in an era of oil and volatility
Jun 26, 2016News Hour: Uganda will begin pumping its first commercial oil in 2018, which could be a major source of socio-economic transformation if revenues are well invested to diversify the country’s economy. The new Country Economic Memorandum... -
IMF staff concludes visit to Mozambique
Jun 25, 2016News Hour: A staff team headed by Michel Lazare visited Mozambique from June 16-24 to assess recent economic developments and help design corrective measures needed to prevent a further deterioration in economic performance. The mission also... -
World Bank supports kosovo’s digital economy program
Jun 24, 2016News Hour: The World Bank and the Ministry of Economic Development of Kosovo organized a joint two-day event National Conference on Kosovo Digital Economy (KODE) Program on June 21-22, 2016. It convened several ministries, telecommunications and... -
Soft global economy continues to weigh on emerging East Asian bond yields
Jun 24, 2016News Hour: Bond yields in most emerging East Asian markets continued to track lower from 1 March to 15 May 2016 as investors factored in forecasts of continued slow growth for the global economy, Asian Development... -
EU finance ministers unwilling to address tax avoidance
Jun 22, 2016News Hour: EU governments are unwilling to tackle large-scale tax avoidance of multinational companies, Oxfam says in reaction to today’s formal approval of a new directive which which had been discussed by EU finance ministers on... -
Lack of action on non-communicable diseases damaging Pacific economies
Jun 21, 2016News Hour: A new World Bank report has put the spotlight on the economic threat non-communicable diseases (NCDs) pose to the Pacific Islands, with heart disease, cancer, diabetes and chronic respiratory disease emerging as the top...