Without infusion and later innovation, a country cannot sustain economic growth to achieve a high-income status. Infusion and innovation enable firms to improve productivity over time, thus increasing ...

Improvement in Ireland's GDP due to high corporation tax receipts from multinational companies, Parliamentary Budget Office says ...

DESPITE multiple revisions to its economic targets, the Philippine economy continues to drift out of the government’s desired range. This is the gist of the paper “DLSU Report of the Philippine ...

We look at both GDP and GNI, valuing not only the ‘Chinese economy’ but also the ‘Chinese people’s economy,’” Chinese commerce minister Wang Wentao said at a press on Friday, noting that China will ...

WASHINGTON - The European Union should jointly borrow to pay for European public goods like defence, research and development and energy, Alfred Kammer, the head of the International Monetary Fund's ...

A damning report finds foreign aid spending on migrant hotels is not effective, and pulling development aid will lead to ...

Chinese officials outlined plans to boost innovation and confidence, while President Xi Jinping issued a belated message on ...

China has now reached an upper-middle-income level and is poised to cross the threshold into high-income country status in the near future, as defined by the World Bank's threshold of $14,005 GNI per ...

Bangladesh must strengthen its institutions, pursue deeper policy reforms, and boost global competitiveness to ensure a ...

Great Nigeria Insurance Plc has reversed the loss of N736m in 2022 to post a profit after tax worth N2bn at the end of 2023.

P Chidambaram has criticised India's growth rate of 6.5%, labeling it as'dismal' and indicative of a lower-middle income trap ...

In exchange for access to its market and its security umbrella, the US is demanding trillions in tariff revenue, and countries that don’t accept it will not have their tariff rates lowered. It’s no ...