Hotel occupancy rates of Singapore have climbed to their highest in over a decade as travellers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.
Business sentiment around future activity soared to the highest in one-and-a-half years in August, as more Egyptian firms expressed optimism for growth.
South Korea’s consumer inflation faltered to its slowest on record in August while second quarter economic growth was revised down on weaker exports, firming up the case for central bank rate cuts as early as next month.
The manufacturing sector’s contribution to the UAE’s non-oil GDP grew 2.5 per cent to Dhs122 billion in real prices in 2018 from Dhs119.7 billion in 2017,
Noting the gloomy start to the current fiscal with a dismal 5 per cent growth in the first quarter, broking house Kotak Equities on Tuesday also cut down India’s 2019-20 GDP gorwth estimate to 5.8 per cent and said it sees the RBI
Weak growth numbers released over the weekend resulted in a bruising sell-off in the markets on Tuesday, erasing 770 points from Sensex. Growth-sensitive stocks, state-run banks and manufacturing companies contributed most to the fall.
Building a new capital city from scratch in a jungle-covered area with little to no infrastructure and moving nearly 1 million civil servants to the city within 5 years is definitely
Ireland’s gross domestic product (GDP) rose by 0.7% quarter-on-quarter in the first three months of the year to stand 5.8% higher than a year ago and put the European Union’s best-performing economy in a strong position ahead of a potential Brexit shock.
Pearl Initiative, a business-led non-profit organisation promoting corporate accountability in Gulf’s private sector, has taken the next big step in fortifying the governance atmosphere for one of the region’s most prolific economic sectors – micro,