A vendor at a food market in Budapest, Hungary. Reuters
Mexico’s central bank (CB) has hinted that further monetary policy easing could be on the way. The bank cut its key lending rate on Thursday for the first time since June 2014, citing slowing inflation and increasing slack in the economy.
Hungary’s annual average inflation will be close to the government’s 2.8per cent projection this year, Finance Minister Mihaly Varga said on Monday in an interview.
Japan’s annual core consumer inflation picked up only slightly in January, keeping the Bank of Japan under pressure to maintain its massive monetary stimulus to support a fragile economy saddled with weak growth and prices.
The Department of Tourism and Commerce Marketing (Dubai Tourism) hosted a virtual forum for stakeholders and partners to share its industry outlook ahead of the city’s reopening to international tourists on 7 July.
The Ports, Customs and Free Zone Corporation (PCFC), in cooperation with the Dubai Maritime City Authority (DMCA), has launched a Marine Agency to oversee wooden dhow ships and regulate all their activities while they are in Dubai waters.
The DED Trader licence launched by the Business Registration & Licensing (BRL) sector in Dubai Economy (DED), enabling start-ups in Dubai to conduct business activities online and across social networking accounts,