The Latest Breaking News from Economy

UAC eyes B200m RDF plant in Indonesia

UAC Global Plc (UAC), a chemical trader and renewable energy operator, is preparing to allocate 200 million baht to build a refuse-derived fuel (RDF) factory in Indonesia to supply local companies under the circular economy concept.

Bangkok Post · Jun 1, 2023

Sentiment hits 3-year high amid economic recovery

The Digital Industry Sentiment Index rose above the threshold of 50 in the first quarter for the first time in 12 months, reaching a three-year high, according to a survey by the Digital Economy Promotion Agency (Depa).

Bangkok Post · Jun 1, 2023

At the root of India’s manufacturing challenge

The need for an entire ecosystem, including schooling, training and infrastructure for manufacturing to flourish cannot be achieved merely through legislation

The Hindu · Jun 1, 2023

No Power, No Growth: South Africa's daily struggles with power cuts

South Africa's economy is at risk of going off the grid as recurring power cuts wreak havoc on the country's businesses and households. Alongside this energy crisis, the nation's central bank is sounding the alarm over potential threats to financial stability. These concerns stem from capital outflows and the possibility…

France 24 · Jun 1, 2023

March of the fire ants could reach Sydney’s outskirts by 2035, costing economy up to $1.2bn a year

Exclusive: Study finds pests could damage crops and households would incur costs for pesticides, veterinary bills and electrical faults

The Guardian - AU · Jun 1, 2023

Why Unusual Options Volume for U-Haul (UHAL) May Offer a Clue About the Economy

Although U-Haul has been a top performer in the first two years of the pandemic, UHAL stock’s recent underperformance may bode poorly for the economy.

Barchart · Jun 1, 2023

West Midlands tourism economy enjoys post-covid boost

Findings from West Midlands Growth Company say spending by visitors to the region in 2022 rose by £4bn

Birmingham Post · Jun 1, 2023

War in Ukraine might give the Chinese yuan the boost it needs to become a major global currency -- and be a serious contender against the US dollar

The Chinese economy’s sheer size and rapid growth are impressive.

The Conversation · Jun 1, 2023

Why UK inflation is so high compared to EU and US and what to do about it

Britain has a bigger inflation problem than either the US or the eurozone, according to Bank of England policymaker Catherine Mann.

The Conversation · Jun 1, 2023

Tough gig for workers being ‘gamed’ to drive down costs, union boss warns

Sham contracting arrangements have also boomed through the pandemic, aided by the rapid growth in gig and platform work.

The New Daily · Jun 1, 2023