The highest priority for the Indonesian government for 2023 will be to hold inflation at three percent. Further, weakening global economic activity and a slowdown in commodity prices could impact GDP this year. However, external demand for commodities and pent-up domestic consumption will continue to...
They further revealed that ecosystem deterioration is caused by an increment in GDP in the context of China. There are some other studies which described that an increment in GDP growth leads to bringing environmental harmony. For instance, the work of Usman et al. (2020) noted that an ...
In July 2023, the defence ministry issued a Request for Information to lease 20 reconnaissance and surveillance helicopters with ground support equipment for five years. Currently, Indias Army Aviation Corps comprises three brigades at Leh, Missamari and Jodhpur, equipped with around 190 Cheetah, ...
Singapore’s banks continue to dominate, taking the top three places inThe Banker’s Top 30 Asean Banks ranking. Overall, there is little change in the top 15 ranking from last year, with all banks retaining the same position except for Bank Mandiri and Bangkok Bank, which rise one place t...
He said Maybank sees the ASEAN-6 economies, comprising Malaysia, Singapore, Thailand, Indonesia, the Philippines and Vietnam, to grow at 4.2 percent in 2023.This outpaces the projected global GDP growth of 2 percent, he said. "ASEAN's strength certainly is in its 'diversity' — celebrating...
Key imports from these countries include machinery, electronics, vehicles, chemicals, and foodstuffs. Trade agreements such as the ASEAN Free Trade Area (AFTA) and various bilateral agreements facilitate smoother trade flows. Thailand's economic indicators include a GDP growth rate of 3.5% and an in...
where Carbon dioxide emissions (CO2), green technology innovations (GTI), renewable energy (RNE), financial development (FD), environmental tax (ET), and economic growth (GDP). This study builds on Equation (3) by adding an interaction term that examines the affiliation between financial developm...
First, this study examines the association between CO2 emissions, energy consumption and GDP at both the aggregated and disaggregated levels of high-consumption economies that were not examined in the earlier studies. Secondly, to obtain deeper insight, the current study investigates the impact of ...
In 2023, Singapore’s semiconductor manufacturing sector generated over S$133 billion (US$101 billion), contributing significantly to the country’s electronics manufacturing output. The sector now accounts for approximately seven percent of Singapore’s GDP, underlining its importance to the national ec...
Against this backdrop, CEO Kwang-Yeol Yoo has been moving forward with the global business expansion under the Global, Digital and Partnership (GDP) strategies that he set up after taking office in 2020. Particularly, on the global business front, SGI delivered tangible results by expanding footp...