A three per cent upturn in the global economy has paved the way to readjust policy towards longer-term issues, such as addressing climate change, tackling existing inequalities and removing institutional obstacles to development, according to a new United Nations report on global economic prospects.
The Government of Myanmar announced today the passage of the Myanmar Companies Act, one of key reforms to improve the country’s business environment supported by the Asian Development Bank (ADB).
Expanding Indonesia’s middle class can help boost economic growth and broaden prosperity. This is a key message emerging from two new World Bank reports on the middle class in East Asia and Indonesia that were discussed today in Jakarta.
In the weeks preceding the holiday recess, GOP congressional leaders passed two sweeping tax reform bills, hoping to produce a final version for President Trump to sign before Christmas.
A Left alliance between former Maoist rebels and moderate communists will form the next government in Nepal as it won a clear majority of 91 seats out of 165 seats in the historic polls many hope will bring political stability to the country.
The late Soeharto has become something of a poster boy for leadership as the nation searches for a president who can effectively deliver the goods.
As US federal debt approaches $21 trillion in a matter of months, an eye-popping equivalent amount seems to have gone cumulatively missing from government coffers over the past two decades.
Stronger domestic demand, robust export-oriented manufacturing, and a gradual recovery of the agriculture sector, are driving Vietnam’s economy, which expanded by 6.4 percent during the first nine months of the year compared to the same period last year, says a new World Bank report. The manufacturing and services sector respectively grew by 12.8 percent and 7.3 percent during the same period.