Category archives for: Industry

FocusEconomics: ASEAN Economies Benefitting from Solid Domestic Demand

May 23, 2018//-A more comprehensive estimate of aggregate GDP growth in the Association of Southeast Asian Nations (ASEAN) shows that the regional economy expanded robustly in the first quarter, benefiting from solid domestic demand and accommodative monetary conditions.

AfDB, UNIDO Step Up Collaboration to Drive Africa’s Industrialisation

Busan, Republic of Korea, May 22, 2018//- The African Development Bank (AfDB) and the United Nations Industrial Development Organization (UNIDO) signed a Memorandum of Understanding (MoU) on Monday, May 21 to step up collaboration to boost Africa’s industrialization.

Labour Survey: South Africa  Records Job Losses in Agric, Mining, Others

Pretoria, South Africa, May 16, 2018/ — The results of the Quarterly Labour Force Survey (QLFS) for the first quarter of 2018 released by Statistics South Africa today indicate that agriculture recorded job losses (down by 3 000) in the first quarter of 2018.

European Bank Injects $82 Million Into Turkish Firm

May 16, 2018//-The European Bank for Reconstruction and Development (EBRD) has invested US$ 82 million in a minority stake in Şok Marketler, a fast-growing Turkish discount grocer.

American Author: Rules and Regulations Costing U.S. Businesses

May 16, 2018//- The topic of government regulations has been widely discussed among Americans, due to recent events, and where the line is, between personal freedom and the public well-being.

U.S Supports Increased Trade with Mozambique Through AGOA

Maputo, Mozambique, May 16, 2018//- The Ministry of Industry and Commerce launched Mozambique’s African Growth Opportunity (AGOA) Utilization Strategy which seeks to increase trade and economic growth throughout Africa.

Creating a Better Global Trade System

May 15, 2018//-The Managing Director of the International Monetary Fund (IMF), Christine Lagarde  observed that over the past generation , building economic bridges between countries has helped reduce by half the proportion of the global population living in extreme poverty.

Shaping Change in a Time of Disruption

May 15, 2018//-Before 1800, nearly everyone on the planet was poor. Royalty and large landowners were a small minority, and wealth was tied to land – those who controlled land, controlled much of the world’s wealth.

Kofi Annan: The Developing World is an Easy Target for Populists

May 14, 2018//-Kofi Annan was secretary-general of the United Nations from 1997 to 2006 and is a co-recipient with the U.N. of the 2001 Nobel Peace Prize. He recently traveled to Silicon Valley, where he met with industry and thought leaders to discuss the threats to elections and democracy in a digital age.

World Bank Shifts its Vice President for Africa to Head New Division   

  Washington, USA, May 11, 2018// — After six years as the World Bank’s Vice President for Africa where he oversaw the delivery of a record-breaking $70 billion to Sub-Saharan Africa to help tackle key development challenges, Makhtar Diop has been appointed as the World Bank’s Vice President for Infrastructure.  

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