Zambia urged to broaden public-private-partnership (PPP) concept

Saturday, July 12th, 2008

World Bank Zambia manager Kapil Kapoor has urged the government to broaden the public-private-partnership (PPP) concept away from the mines to involve other sectors of the economy, according to Saturday Post. Commenting on the slow ...

ADB: Asian integration good for global economy

Friday, July 11th, 2008

Increasing integration among Asian economies offers a new platform to promote growth and strengthen trade links, which is conducive not only for Asia, but also for the rest of the world, the Asian Development Bank (ADB) said on Thursday. ...

U.S. economy grows faster in Q1 than expected

Friday, June 27th, 2008

The U.S. economy grew at an annual rate of 1 percent in the first quarter of this year, faster than the 0.9 percent pace estimated a month ago, the Commerce Department reported Thursday. The first-quarter growth rate for gross domes ...

Indian economy to slow after RBI rate hikes

Thursday, June 26th, 2008

India's growth rate will moderate to 7.6 percent during the current fiscal from 9 percent a year ago due to deflationary measures of the central bank, global rating agency Moody's said Wednesday. "Tighter monetary policy settings wi ...

S Korean consumer index drops to over 7 years low in Q2

Wednesday, June 25th, 2008

South Korea's consumer sentiment fell to the lowest mark in more than seven years in the April-June period as consumers gave a negative outlook for the South Korean economy amid soaring inflation, the South Korean central bank said Wednesda ...

Greek minister: Europe’s economic slowdown to continue in 2009

Wednesday, June 25th, 2008

A slowdown of the European economy will continue at least until the first half of 2009, when the first signs of a recovery will be seen, Greek Economy and Finance Minister George Alogoskoufis said here on Tuesday. Addressing the Gre ...

KIET projects S Korea’s economic growth to drop in 2008

Tuesday, June 24th, 2008

South Korea's economic growth is expected to drop under 5 percent in 2008 as high consumer prices weakens domestic demand, the Korea institute for Industrial Economy and Trade (KIET), a state-run think tank, said Tuesday. The KIET s ...

Thai leading institute predicts only 4% growth if oil prices continue increasing

Tuesday, June 24th, 2008

Thai economy is expected to grow around 4 percent this year instead of the 6 percent growth rate targeted by the government if global oil prices continue increasing, the state-run Thai News Agency reported Monday, quoting a leading economy ...