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Indonesia: Building The Future Of Southeast Asia

Global Finance

At the Asia-Pacific Economic Cooperation summit in Peru last November, Indonesias new President Prabowo Subianto, who began his term in October, emphasized that foreign investments would be protected by a solid legal framework, and highlighted incentives and a commitment to liberalizing ownership laws.

Economics 108
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Asia’s Giants Push Deeper Into Latin America

Global Finance

With US investment in Latin America shrinking, China and India are seizing the opportunity to expand their economic reach in the region. billion total, according to the UN Economic Commission for Latin America and the Caribbean. Other Indian manufacturers followed.

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Asia’s Race For Talent

Global Finance

As of October 31, 2023, the number of foreign workers in Japan reached a record high of 2,048,675, marking a 12.4% By industry, manufacturing accounts for the largest share at 27%, followed by the service industry at 15.7% Each country has adopted distinct strategies to address these challenges, with varying degrees of success.

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Abu Dhabi’s Financial Ascent

Global Finance

ADGMs expansion has propelled the financial sectors share of GDP in the emirate, which has expanded by an average 11% a year over the last three years, says Justin Alexander, director of Khalij Economics and Gulf Cooperation Council (GCC) analyst for GlobalSource Partners.

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3rd Quarter Economic And Market Outlook: Understanding Risks And Opportunities In The Web Of Inflation, Interest Rates, Valuations, And More

Nerd's Eye View

People often talk about "the economy" as a single entity whose parts move in unison, with a small number of key indicators (such as GDP, the unemployment rate, and inflation) moving reliably in relation to each other. manufacturing sector, by the measures of employment and service prices, has been in a recession for nearly 12 months.

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Adam Smith’s Oft-Missed Lesson on Human Imagination

CFO News Room

One of my favorite teaching lessons in economics is the division of labor. It’s one of those ideas that reminds me of my late father’s dual roles, that of both professor of economics and part-time professional magician. The quote describes a group of humans acting as if they are specialized machines. .

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4th Quarter 2023 Economic And Market Outlook: Labor Market, Inflation, And Geopolitics

Nerd's Eye View

The sentiment is especially poignant when it comes to economic forecasting, as it's nearly impossible to get an accurate picture of the current state of the economy at any given moment. While the manufacturing sector (which makes up 'only' 8% of the U.S.