The Philippine economy recorded a growth rate of 5.6 percent in 2024, falling short of the government’s target, which aimed for a more robust economic expansion. This disappointing outcome raises questions about the nation’s recovery trajectory amidst global economic uncertainties. The Philippine Statistics Authority released its annual report detailing the[Read More…]

The “Fresh Up Your Life” campaign, aimed at promoting fresh European produce in the United Arab Emirates, has successfully reached over 50 million consumers since its launch. This initiative highlights the growing market for high-quality European agricultural products in the region and underscores the importance of healthy eating habits. Launched[Read More…]

Australian Treasurer Jim Chalmers has declared “sustained progress” against inflation, raising hopes for a potential interest rate cut.  He emphasized the government’s commitment to responsible economic management and its focus on bringing inflation back within the target band. Chalmers acknowledged that challenges remain but expressed optimism about the trajectory of[Read More…]

Australia’s inflation rate has fallen, surpassing the Reserve Bank of Australia’s (RBA) forecasts.  This positive development has fueled speculation about a potential interest rate cut and offered some relief to households grappling with cost-of-living pressures.  The lower-than-expected inflation figure suggests that the RBA’s monetary tightening may be starting to have[Read More…]

A growing sentiment suggests that India is losing hope for improved living standards under Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) government.  Critics argue that despite promises of economic growth and development, many Indians are struggling with rising unemployment, persistent poverty, and limited access to essential services. These concerns[Read More…]

Australia’s inflation rate has eased more than anticipated, raising hopes for potential interest rate cuts by the Reserve Bank of Australia (RBA). The latest data offers a welcome sign for households grappling with cost-of-living pressures and suggests the RBA’s monetary tightening may be yielding results. The figures have prompted speculation[Read More…]

The ongoing trade disputes and tariff wars pose a significant risk to Canada’s inflation outlook, Bank of Canada Governor Tiff Macklem has warned. He emphasized that escalating trade tensions could push prices higher, complicating the central bank’s efforts to control inflation.  Macklem’s comments highlight the interconnectedness of global trade and[Read More…]

Former Thai Prime Minister Thaksin Shinawatra, returning to the political scene after years in self-imposed exile, has pledged to dedicate himself to revitalizing Thailand’s economy.  In a series of public appearances and social media posts, Thaksin has outlined his vision for boosting growth, attracting foreign investment, and improving the lives[Read More…]

Shadow Chancellor Rachel Reeves delivered a major speech outlining the Labour Party’s economic vision, challenging the government’s record and calling for a new approach to boost growth and address the cost-of-living crisis.  Speaking to business leaders and economists, Reeves emphasized the need for a long-term strategy focused on investment in[Read More…]

Germany’s economic growth forecast for 2025 has been lowered, reflecting concerns about global economic headwinds and persistent challenges within the country.  The revised forecast, released by leading economic institutes, predicts a slower pace of growth than previously anticipated, raising questions about the strength of the German economy and its ability[Read More…]