Kochi: Kerala’s economic growth has declined sharply following the financial crisis caused by the COVID-19 pandemic. The state’s domestic product has shrunk by -9.2% in the financial year 2020-21, the economic review tabled in the Kerala legislature on Friday ahead of the presentation of the state budget shows. (State DomesticRead More →

By Ismail Amla, Executive Vice President, Professional Services, NCR Corporation The benefits of financial inclusion are known and numerous. Households that lack access to bank accounts or relatively affordable mechanisms for receiving, paying, and spending money end up spending a significantly higher percentage of their income on cash-intensive financial options.Read More →

FOR IMMEDIATE RELEASE TUESDAY MARCH 8, 2022 WASHINGTON DC– Today, the DC Policy Center announced the launch of the Alice M. Rivlin Initiative for Economic Policy and Competitiveness. The Rivlin Initiative will undertake in-depth research examining the competitiveness of the District of Columbia and explore policies that can make theRead More →

Aerial photo taken on Dec. 5, 2021 shows the sunrise scenery of Yangpu International Container Port in Yangpu Economic Development Zone, south China’s Hainan Province. (Xinhua/Pu Xiaoxu) BEIJING, March 7 (Xinhua) — China pledged steady economic growth for this year in its government work report as national lawmakers and policyRead More →

The macroeconomic environment has changed significantly since Finance Minister Nirmala Sitharaman presented the Union budget and the RBI released its inflation forecast for the coming financial year. On Thursday, crude oil prices hovered around $120 a barrel for the first time in years. While prices moderated slightly thereafter, for theRead More →

BINGHAMTON, NY – The Chamber of Greater Binghamton hosted its annual Broome County Economic Forecasting and Building Awards earlier this week. CEOs and business leaders were on hand to discuss and learn how local economic growth is going, especially post-pandemic. M&T Bank Group Vice President Peter Kneis was the keynoteRead More →

Pictured above: CommonSpace’s downtown Syracuse coworking offices. National Grid provided incentives in 2021 for business expansion. National Grid has invested more than $2.6 million in economic development funds in calendar year 2021 for projects in Central and Upstate New York aimed at growing the regional economy. The company maintains aRead More →

India’s FY2023 budget investment surge in the infrastructure sector is expected to usher in faster economic growth, ratings agency Crisil said. The majority of the massive capital expenditure of the 2022-23 budget – Rs 7.50 lakh crore – will be spent on infrastructure development. Furthermore, the budget avoided a definitiveRead More →

UTEC, which operates in Lowell, Lawrence and Haverhill, and Merrimack Valley Black and Brown Voices, based in North Andover, are among 62 organizations across the state receiving inaugural grants to support programs in communities that have “historically done facing disproportionate challenges to economic growth”. Recipients of the State Community EmpowermentRead More →

Pakistan has the potential to become a hub of economic activity for countries in Central, South and West Asia if it follows the Economic Corridor Development (ECD) model, the Asian Bank has said. of development in a study published Wednesday. The AfDB study, titled “Developing Economic Corridors in Pakistan: Concept,Read More →

25/01/2022 / Press release Indicators for the euro area as well as for Slovenia in the last quarter of last year suggest that the impact of the epidemiological situation on economic activity has been relatively weak. Economic growth has slowed slightly since Slovenia regained its pre-crisis level of activity, butRead More →

A cargo ship full of containers prepares to leave port at the Dachanwan Port Container Terminal in Shenzhen, south China’s Guangdong Province, Jan 21, 2022. Photo: cnsphoto China’s GDP increase of 8.1% in 2021, after 2.2% in 2020, exceeded that of any other major economy. However, as is known, China’sRead More →

Register for the public hearing Click here to register. The Land Clearance for Redevelopment Authority of St. Louis County (LCRA) Brownfield Revolving Loan Fund (RLF) will provide a subgrant to remediate underground soils at 9844 and 9846 West Florissant Avenue, in preparation for a commercial building. The Urban League ofRead More →

JAMMU: Lt. Governor, Manoj Sinha highlighted the successes and voiced the invaluable suggestions and ideas received from the citizens in the monthly radio program “Awaam ki Awaaz” broadcast today on all local and major All India channels Radio (AIR) in UT and broadcast on DD Kashir.During the first episode ofRead More →

Despite the government’s assertion that the country’s economy will grow by at least 6% in the current fiscal year, the World Bank’s latest Global Economic Prospects report predicts that Nepal’s economy will only grow than 3.9%. The World Bank established its forecasts on the basis of two major criteria: “betterRead More →

Agriculture, the modern terminology that generalizes economic activities ranging from agriculture to ranching, had been the mainstay of the world economy before paving the way for the industrial revolution. As the development of economies around the world shows, development begins with people’s adoption of agriculture, and the primary sector usuallyRead More →

Tracking wage growth by age Federal Reserve Bank of Atlanta After years of trying to push up inflation (the elusive 2% inflation target), the Fed’s super-easy quantitative easing policies as well as plentiful help from the budget side (‘helicopter’ money) and disproportionate budget deficits) more than met the target. .Read More →

Economist Herb Stein said if something can’t go on forever, it will stop. If Stein’s saying ever applied, it was to the currently unsustainable Italian public debt situation. Once the European Central Bank (ECB) stops buying Italian government bonds on the massive scale it has done in the past 18Read More →

Economic activity in Colorado has rebounded to its pre-pandemic peak in September 2021 and the economy is expected to continue to expand, according to a new quarterly report released by the restored Colorado Futures Center of the Colorado State University System. The new forecast, called ColoradoCast, is a short-term (six-month)Read More →

Federal Reserve Chairman Jerome Powell’s hawkish turn this week will undoubtedly focus on next Friday’s consumer price inflation data from investors looking for clues about the US central bank’s next move on of its political meeting on December 16. In a busy week for data releases, economic growth in theRead More →

Information (The Jakarta Post) Jakarta ● Tue, November 30, 2021 2021-11-30 07:00 0 637689cdfb31fff4298fa997bd04b6e0 4 Sponsored title To free The Bank Indonesia (BI) annual meeting held this week highlighted the importance of building optimism, building synergies and innovating to welcome 2022, as the economy has shown signs of improvement inRead More →

Open the audio article player Through Staff | to November 18, 2021 By the town of Avondale Presented by Beltone – A leader in audience health care. Avondale EDGE received top honors at the Arizona Association for Economic Development (AAED) Statewide Fall Forum. The Arizona Association for Economic Development presentedRead More →

MANILA, Philippines — The central bank said on Tuesday, Nov. 9 that interest would remain low — despite stronger-than-expected third-quarter growth figures announced by the government — until it saw clearer evidence of the economic recovery. In a statement following the release of the latest gross domestic product figures, BangkoRead More →

05 November 2021 (Washington, DC) – Today, U.S. Senator Jeanne Shaheen (D-NH), Chairman of the Senate Appropriations Subcommittee on Commerce, Justice, Science and Related Organizations, announced that the United States Department of Commerce’s Economic Development Administration (EDA) will allocate $ 1 million to New Hampshire to support economic development planningRead More →

INDIANAPOLIS – Economists at the Kelley School of Business at Indiana University expect the economies of the United States and Indiana to remain somewhat resilient in the face of the challenges presented by COVID-19 and the supply chain issues, but labor shortages will continue to be a major concern forRead More →

Kentucky is experiencing unprecedented economic momentum, as Governor Andy Beshear announced this year’s plans for new premises and private sector expansion topped $ 10 billion in new investment for the first time in the Commonwealth history with over 15,200 full-time jobs advertised. “This is a monumental achievement for our stateRead More →

DUBAI, October 17, 2021 (WAM) – Consumer confidence in Dubai reached its highest level in 10 years during the third quarter of 2021, according to the Consumer Confidence Index tracked by Dubai Economy. During the quarter, the index increased by two points compared to the previous quarter and by 21Read More →

“The non-residential construction backlog fell for a second consecutive month as skills and input shortages hit the industry,” said Anirban Basu, chief economist at Associated Builders and Contractors. “A growing number of contractors are reporting shortages of materials such as copper and PVC pipe. “ The construction order book indicatorRead More →

Published on October 11, 2021 19:26 The Prime Minister ordered that the goals and targets of the mining development framework ISLAMABAD (Dunya News) – Prime Minister Imran Khan said on Monday that being rich with enormous potential, the mining sector offers good returns on investment and could also contribute toRead More →

The Corbin Economic Development Agency and Southeast Kentucky Regional Business Park are in the process of changing their names to help market the regional focus. President Bruce Carpenter noted that the economic development agency would now be known as the Southern Kentucky Economic Development Agency, while the business park locatedRead More →

VANCOUVER – BUSINESS – Economic growth and business investment in Canada have weakened, severely weakening the country’s ability to encourage innovation or new business start-ups, according to a new study released by the Fraser Institute, a Canadian think tank independent and non-partisan on public policies. “Canada’s weak economic growth inRead More →

TDT | Manama The Daily Tribune – www.newsofbahrain.com Financial projects in Bahrain grew 9.40% at constant prices and 10.72% at current prices, according to the quarterly economic report of the Ministry of Finance and National Economy for the second quarter of 2021. According to the report, health services increased 8.59%Read More →

Costa Constantinides (Photo Emil Cohen NYC) September 29, 2021 By Allie Griffin The former Costa Constantinides council member was sworn in on Tuesday to the board of directors of the town’s Economic Development Corporation. Constantinides, who is now the CEO of the Variety Boys & Girls Club of Queens, wasRead More →

Shipping containers are seen at the port of Bayonne, New Jersey, United States, August 21, 2021. REUTERS / Andrew Kelly The consumer confidence index fell 5.9 pts to 109.3 in September Merchandise trade deficit increases 0.9% to $ 87.6 billion in August Wholesale inventories jump 1.2%; retail stocks gain 0.1%Read More →

Delta variant slows economic growth in East Asia and the Pacific: World Bank Posted on: Tuesday, September 28, 2021 By: Bernama Text size: WASHINGTON: The recovery of the East Asia and Pacific region has been compromised by the spread of the delta variant of COVID-19, the World Bank said onRead More →

At the Southern Minnesota Initiative Foundation (SMIF), one of the three program areas we focus on is economic development. Since our inception in 1986, we have strived to catalyze entrepreneurial activity in our 20-county region by providing start-up investments, traditional loans, microcredit, technical assistance and entrepreneur mentorship. Each year, SMIFRead More →

FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies during a hearing of the United States House Oversight and Reform Subcommittee on the coronavirus crisis, on Capitol Hill in Washington, US United, June 22, 2021. Graeme Jennings / Pool via REUTERS / File Photo WASHINGTON (Reuters) – Rising prices and hiringRead More →

The highly anticipated gaming, entertainment and dining venue, The Flying Lark in Grants Pass, Ore., Has released an Economic Impact Study analyzing the horse racing industry in partnership with Grants Pass Downs. The independent agency Hunden Strategic Partners (HSP) has identified a significant positive impact in terms of job creation,Read More →

(The Center Square) – Another major economic group has reduced its optimism for the U.S. economy this year, revising its estimates for 2021 to post slower-than-expected growth. The National Association of Business Economics released its growth projections on Monday, lowering its forecast from 6.7% growth for 2021 to 5.6%, moreRead More →

SAN JOSE, Calif .– (COMMERCIAL THREAD) – Today, Western Digital (NASDAQ: WDC) announced that the World Economic Forum has named two of its smart factories in Asia to the Global Lighthouse Network, a community of leading companies that have succeeded in s ‘adapt to the Fourth Industrial Revolution (4IR) toRead More →

While the debt saga involving China’s second-largest real estate developer, Evergrande, has caught the attention of the global investment community, there is a risk that a much larger scenario regarding the Empire’s attempts to Medium to overhaul its economic structure be ignored. Xi Jinping’s China is undertaking multiple sweeping reformsRead More →

The health crisis has offered individuals and businesses the opportunity to pause, reflect and realign their lifestyles, priorities and perspectives. Rapidly changing consumer behavior, business imperatives – both short and long term – and a renewed zeal to shake off the ghosts of the past have only accelerated the transformation.Read More →

By Dr Mike Walden Although we live in a turbulent political environment today, there is a generalized area of ​​agreement among individuals and groups of different political perspectives. It is that economic growth is good. Administrations and elected officials from the two main political parties praise economic growth, especially whenRead More →

Guest column by Tim Penny At the Southern Minnesota Initiative Foundation, one of the three program areas we focus on is economic development. Since our founding in 1986, we have strived to catalyze entrepreneurial activity in our 20-county region by providing start-up investments, traditional loans, microcredit, technical assistance and entrepreneurRead More →

Krista Ross is CEO of the Fredericton Chamber of Commerce Earlier this week, a group of six New Brunswick business organizations announced our political priorities for federal parties and candidates in the upcoming federal election on September 20, 2021. Our alliance includes the Fredericton, Moncton and Saint John Chambers ofRead More →

Reading time: 3 minutes Krista Ross is CEO of the Fredericton Chamber of Commerce Earlier this week, a group of six New Brunswick business organizations announced our political priorities for federal parties and candidates in the upcoming federal election on September 20, 2021. Our alliance includes the Fredericton, Moncton andRead More →

Debt, both public and commercial, is exploding in the United States and internationally. Interest rates are kept low by central banks. The governments of the United States and southern Europe cannot afford higher national debt rates. Neither can the private financial system of the developed world. One effect would beRead More →

CHATTANOOGA, Tennessee – (COMMERCIAL THREAD) –US Xpress Enterprises, Inc. (NYSE: USX) today released its economic forecast for the third quarter of 2021, highlighting various trends and updates specific to the trucking industry. Complete and detailed forecasts are available on the website corporate blog. Three key themes to which we payRead More →

The Philippine government’s latest macroeconomic growth forecast at this point is just propaganda that is unlikely to come true, economic think tank IBON Foundation said on Wednesday. According to IBON Foundation Executive Director Sonny Africa, the assertion of the latest economic estimates ignores the realities people face today. He saidRead More →

(Credit: Unsplash) This article is presented to you in association with the European Commission. The European economy is expected to rebound faster than expected, as activity in the first quarter of the year exceeded expectations and the improvement in the health situation led to a faster easing of the restrictionsRead More →

AMMAN – The opinions of economists show that if “the same economic approaches continue to be adopted, the economic performance of the Kingdom will only worsen”. Economist Mazen Marji told the Jordan Times on Thursday that the Jordanian economy has suffered a devastating downturn like all other countries amid theRead More →