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Should South Korea sustain its present levels of productivity, its potential economic growth rate—which signifies the fastest pace at which an economy can expand without causing inflation—could drop to zero by 2040 as predicted by the Korea Development Institute (KDI), with projections indicating it may turn negative later this decade. This somber prediction marks…
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Pakistan, May 7 — Amid rising geopolitical tensions with India, the Finance Ministry of Pakistan has reinforced contingency measures to protect financial operations and ensure resilience across the country’s economic institutions. The move follows Indian airstrikes on six sites in Punjab and Azad Jammu and Kashmir, prompting retaliatory action by Pakistan’s military, which downed…
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According to JLL, the three developers will provide 60 percent of new homes in 2025 and 2026, an increase from 40 percent in 2023 and 2024. According to JLL, three of Hong Kong’s largest real estate companies—Sun Hung Kai Properties (SHKP), CK Asset Holdings, and Henderson Land—are anticipated to lead the property market. This…
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On May 7, Pakistan reported that after India took swift action against Pakistan during the night, the Bombay Stock Exchange showed a weak opening for trade. The market commenced with a significant decline, highlighting how swiftly military developments can impact investors’ moods and erode market trust, resulting in a difficult beginning. Trading on the…
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The leader of Japan’s biggest business group voiced worries on Wednesday about declining corporate confidence domestically, as concerns grow that U.S. President Donald Trump’s increases in tariffs might lead to a worldwide economic slump. ” numerous individuals spanning various sectors experience greater worry over the downturn in spending and investments caused by uncertainties, as…
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By Aman Raj New Delhi [India], May 7 (ANI): Eminent economist On Wednesday, Dr SP Sharma unveiled his latest publication, “India@2047: Dominating the Global Economic Landscape,” during an occasion in New Delhi which gathered prominent figures from various sectors. fields of policy , academia , and economics . The book offers an intriguing blueprint…
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The cost of coconuts has reached unprecedented heights in Vietnam, the Philippines, and Thailand because of reduced supplies stemming from climate change impacts and pest infestations. Vina T&T, a major fruit exporter, is currently paying as much as VND220,000 ($8.47) per dozen coconuts directly from farmers, setting new record prices. According to industry experts,…
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The first “gold recycling ATM” in Shanghai has attracted significant attention, particularly from elderly residents who wish to sell their longstanding jewelry collections amid rising international gold prices. Located within the Global Harbor shopping center in Shanghai, this facility has been attracting lengthy queues recently, necessitating reservations several days ahead of time for those…
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By Edward Adjei FRIMPONG Dr. Victor Antwi, an expert in agribusiness, has emphasized the importance of collaboration between the government, key players in the sector, and financial institutions to create loan options without collaterals specifically designed for agribusinesses. He stressed that these customized approaches are essential for boosting the expansion and progress of agribusinesses—especially…