Growth forecasts by various domestic and international institutions indicate the expansion of Slovenia’s economy will speed up in 2017. The GDP growth projections range between 2.3% and 2.9% and…
Rwanda’s economy grew by 5.2% in the third quarter of last year, down from 5.4% in the second quarter and 5.9% in the same period in 2015, according to data published by the statistics office,…
With more economic activity entering the Indian tax net post-demonetization, government should lower the corporate tax rate to 18%, said the Confederation of Indian Industry in its pre-budget…
This time it is the turn of an Italian bank. Monte dei Paschi di Siena, the centuries-old bank that is drowning under a growing pile of distressed loans.
In 2016, the Standard & Poor’s 500 index jumped 11% and bounced back from a flat result the year before, and energy companies and banks made some of the largest gains as investors bet on a…
Australia’s federal government has increased infrastructure investment, focusing on large-scale projects for transportation facilities to help stimulate an economy reeling from the end of the…
Production from South Yaran Oilfield near the Iraqi border is set to begin by March – the end of the fiscal Iranian year.
"We will start production from South Yaran at 10,000 barrels per…
Oil prices will gradually rise towards $60 per barrel by the end of 2017, a Reuters poll showed, with further upside capped by a strong dollar, a likely recovery in US oil output and possible non-…
One of China's top coal-producing provinces has vowed to slash its level of fine particle pollution by one-fifth by 2020, the official Xinhua news agency reported on Saturday, citing the…
Parliament passed a bill on Saturday defining a roadmap for energy consumption and production over the next four years. The bill was part of the legislation for the sixth five-year economic,…
In a major move to bolster long-term investment in the petrochemical sector, the Majlis ratified a law last week to uphold a previous formula that determines feedstock prices for…
An estimated 1,800 megawatts in new electricity production capacity is planned to be added to the national power grid by the end of the current fiscal year in March, of which 1,640 MW is already…
Iran is now producing more natural gas than crude oil, a top energy official said on Saturday.
"Production of natural gas, condensates and gas derivatives stands at 4.5 million barrels of…
China has set a target of reducing its annual coal capacity by 800 million tons, according to a government plan reported Saturday by state media.
One of the world’s leading credit rating agencies, Moody’s, has cheerful news for Nigerians in 2017. It says the country’s economy and her dollar earnings are expected to improve in the new…
Malaysia’s economy looks well-poised for a recovery owing to reforms involving both the government and private sector, the country’s G25 movement said Saturday, Malayonline reported. The group…
South Korean exports in December rose for a second straight month, data showed on Sunday, adding to hopes for a firm turnaround in shipments that have fallen for most of the past two years.
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After a year that sprang many surprises, the global economy is into a new year, one that may hopefully see recovery in many major and commodity-led emerging markets.
Legislation informally known as the “Google tax” ordering foreign companies engaged in online sales of electronic content in Russia to pay the value-added tax is coming into force on Sunday.
Many have predicted that while the global economic environment will remain uncertain in 2017 Indonesia’s economic growth next year will be higher than in 2016.
Irish farmers have called on their government to reopen the Irish Embassy in Iran, which was closed in 2011.
The Ministry of Industries, Mining and Trade issued 498 mineral exploration and 527 mineral production permits during the eight months to November 20. The figures show a 5.6% and 8.7% growth…
Close to 90% of the 40 bitumen mines in the city of Gilan-e Gharb in Kermanshah Province have gone out of business, a local official said. “Bitumen prices declined alongside oil and now stand at…
The National Iranian Productivity Organization has signed a memorandum of understanding with Korea Productivity Center to improve productivity through cooperation between Iranian and…
Over 4.3 million tons of goods worth $1.42 billion were exported from Kermanshah during the nine months to November 20, a provincial customs official said. “The exported commodities mainly…
