The Latest Breaking News from Economy

No economic growth forecast until next year as outlook ‘exceedingly uncertain’

The Scottish economy is forecast to shrink by 0.7% in 2023.

The Independent UK · Mar 29, 2023

AIS plans long-term ecosystem economy

Advanced Info Service (AIS) has unveiled its long-term business direction, which it calls an ecosystem economy, aiming at strengthening its operations and economic growth through partnerships.

Bangkok Post · Mar 29, 2023

The high cost of carbon pricing can't be ignored

Carbon pricing is all the rage these days, at least in the developed world. But while global leaders and experts -- most of them from rich countries -- increasingly embrace the idea of putting the "right price" on carbon, the concept remains vague and ill-defined. Worse, its growing acceptance and…

Bangkok Post · Mar 29, 2023

SMEs are key to reviving Northern economy, business leaders say

The Federation of Small Businesses has called for help in a number of areas

Birmingham Post · Mar 29, 2023

Germany unveils immigration reform plan to tackle labour shortages

Germany on Wednesday unveiled draft reforms on immigration, skills training and promoting immigration from Western Balkan countries, a bid by Chancellor Olaf Scholz's government to plug labour shortages in Europe's largest economy.

Reuters · Mar 29, 2023

Factbox-Main results of Germany's marathon coalition negotiations

Germany's governing coalition on Tuesday presented the results of 30 hours of negotiations aimed at resolving a dispute that has threatened to hold up major policy initiatives in Europe's largest economy. Here are the main conclusions:

Reuters · Mar 29, 2023

SVB's newfangled failure fits a century-old pattern of bank runs, with a social media twist

The failure of Silicon Valley Bank on March 10, 2023, came as a shock to most Americans. Even people like myself, a scholar of the U.S. banking system who has worked at the Federal Reserve, didn’t expect SVB’s collapse.

The Conversation · Mar 29, 2023

Scottish GDP rises by almost 1% in January

CBI Scotland argues that the uplift can’t mask ongoing challenges facing the economy

Insider UK · Mar 29, 2023

Scottish economy will not return to growth until 2024, experts warn

But the EY Item Club Scotland forecast said interest rates could be cut later this year, providing a boost.

The Independent UK · Mar 29, 2023

Corporate giants say anti-LGBT law would hurt Uganda's economy

A coalition of international companies, including Google and Microsoft, on Wednesday denounced anti-LGBTQ legislation passed by Uganda's parliament last week, warning it would damage the East Africa country's economy.

Reuters · Mar 29, 2023