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The Latest Breaking News from Economy

Editorial: Private Enterprise Matters to China’s Reform Drive

Firms in the private sector have contributed more than 50% of the country’s tax revenue, 60% of GDP and 70% of technological innovation

Caixin Global

The year in North East business: how political upheaval hit local firms

It was a year of turmoil in the political and economic worlds, impacting on businesses everywhere

Birmingham Post

UN official, Taliban minister meet on Afghan women NGO ban

The United Nations says its top official in Kabul has met the Taliban government's economy minister in the Afghan capital

The Independent UK

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Tunisia Expects Inflation to Reach 10.5% in 2023

Tunisia expects inflation to average 10.5% in 2023, up from 8.3% expected for 2022, as inflationary pressures continue to increase, economy minister Samir Saeed said on Monday. The Tunisian government has no alternative to an agreement with the IMF, Saeed added. Tunisia has reached a staff-level agreement with the IMF…

Asharq Al-Awsat

UN Official Meets Taliban, Urges Reverse of NGO Female Worker Ban

The acting head of the United Nations' mission to Afghanistan told the Taliban administration's acting economy minister to reverse a decision to ban female NGO workers during a meeting, according to a statement on Monday. "Millions of Afghans need humanitarian assistance and removing barriers is vital," UNAMA said in the…

Asharq Al-Awsat

U.N. urges Taliban to reverse ban on female foreign aid workers

A senior U.N. official has urged Afghanistan's Taliban administration to reverse a ban on female humanitarian workers that charities fear will worsen winter hardships.

Reuters

'World economy is headed for a recession in 2023'

LONDON: The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.

The Times of India

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Asian shares higher in thin holiday trading

Shares have advanced in Asia in thin holiday trading

The Independent UK

The usual suspects

During 2022, Life reviewed a large number of new automobiles and motorcycles that are for sale in Thailand. Here are our top picks.

Bangkok Post

World economy is headed for a recession in 2023, researcher says

The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Center for Economics and Business Research.

Tribune News Service

Gifts that keep on giving

Festive sentiment during the last week before New Year celebrations is considered the best opportunity for the business sector to increase sales as economic uncertainties may cast a shadow on consumer confidence in 2023.

Bangkok Post

Give progress a chance: Embrace degrowth

Continuing to prioritise economic growth is not a recipe for being a good ancestor. Nor is it a recipe for human progress, writes Jack Santa Barbara.

Newsroom.co.nz

US slams Taliban for women's NGO jobs ban in Afghanistan

The U.S. has condemned the Taliban for ordering non-governmental groups in Afghanistan to stop employing women

The Independent UK

Kyrgyz First Deputy PM to Asharq Al-Awsat: Riyadh, Bishkek Aim to Increase Cooperation in Green Economy

Saudi Arabia and Kyrgyzstan aim to boost their comprehensive partnership amid plans to increase economic, trade, and investment cooperation in infrastructure, renewable energy, hydroelectric power, wind energy, agricultural production technology, and green economy, said First Deputy Prime Minister of Kyrgyzstan Adylbek Kasymaliev. He told Asharq Al-Awsat in Riyadh that he…

Asharq Al-Awsat

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news in one place.

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Asharq Al-Awsat

US Slams Taliban for Women's NGO Jobs Ban in Afghanistan

The US has condemned the Taliban for ordering non-governmental groups in Afghanistan to stop employing women, saying the ban will disrupt vital and life-saving assistance to millions. The Taliban takeover last year sent Afghanistan’s economy into a tailspin and transformed the country, driving millions into poverty and hunger. Foreign aid…

The Times of India

India has become 5th largest economy in 2022: PM Modi in last Mann ki Baat of year

NEW DELHI: Prime Minister Narendra Modi on Sunday addressed the last Mann Ki Baat of the year 2022 and said that this year, the country had become the world's fifth largest economy.

Fortune

Crypto is like the ‘World of Warcraft’ economy and legitimizing it with regulations would hurt the financial system, says economist

"While there's money involved, I don't think any of us would call on [regulators] to supervise online massive multiplayer games," argued Stephen Cecchetti.

Fortune

What the Fed’s December rate hike means for homebuyers and sellers

The December rate hike was the seventh bump in 2022, a year that saw mortgage rates swing wildly from 3.4% in January all the way to 7.12% in October before inching back down again.

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news in one place.

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Radio France Internationale

France's Macron says Lebanon must change leadership to break deadlock

French President Emmanuel Macron called on Lebanon to "get rid" of its political leadership who have for months blocked reforms vital to save its stricken economy. He said an international conference to offer support to the country would be organised in the coming weeks.

Asharq Al-Awsat

Taliban Orders All NGOs in Afghanistan to Forbid Female Employees From Working

Afghanistan's Taliban-run administration on Saturday ordered all local and foreign non-governmental organizations (NGO) to stop female employees from coming to work, according to an economy ministry letter, in the latest crackdown on women's freedoms. The letter, confirmed by economy ministry spokesperson Abdulrahman Habib, said the female employees were not allowed…

Reuters

Taliban bans female NGO staff, jeopardizing aid efforts

Afghanistan's Taliban-run administration on Saturday ordered all local and foreign NGOs to stop female employees from working, in a move the United Nations said would hit humanitarian operations just as winter grips a country already in economic crisis.

The Independent UK

Tunisia's political experiment threatens economic collapse

Tunisia’s political crisis has brought the already struggling economy closer to collapse

Bangkok Post

Global economic and investment outlook for 2023

Looking at the global economy as we prepare to enter 2003, three observations stand out:

Bangkok Post

State eyes 10m digital ID registrants

The government targets 10 million registrants for digital ID systems by the end of next year, double the current total, to improve the country's digital ecosystem, says the Digital Economy and Society (DES) Ministry.

Bangkok Post

Businesses want cap on fuel tariff

Key business leaders have jointly called on the government to put a cap on the fuel tariff (Ft), a main component of electricity prices, for one year as another "New Year gift" to help Thailand avoid unpleasant impacts as the economy recovers.

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People

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