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The Latest Breaking News from Economic Growth

The Bank of Thailand expects the economy to continue to align with potential growth projections for the next two years, then strengthen in the longer term.

Bangkok Post

Tory reputation as party for economic growth nosedives amid wave of strikes

The Conservatives’ reputation as the best party for economic growth has nosedived as Britons face a wave of tax hikes and “Winter of Discontent” strikes, a new poll revealed on Monday.

Evening Standard

Exports to grow amid global slump

Thailand's exports are expected to reach nine trillion baht by the end of the year, before increasing further to 9.25 trillion baht next year, amid predictions of higher-than-expected economic growth, according to the Commerce Ministry.

Bangkok Post

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Wang Tao: Key Takeaways From China’s Central Economic Work Conference

Stabilizing growth is the top priority, with measures to boost the real estate sector and a supportive tone for non-SOEs, foreign investors and online platforms

Caixin Global

Global financial markets face more uncertainties in 2023

Financial markets worldwide face higher uncertainties next year because of the tight monetary policies of key central banks and decelerating global economic growth in 2023, says Bank of Thailand governor Sethaput Suthiwartnarueput.

Bangkok Post

Chamber estimates Thai growth to accelerate next year

The University of the Thai Chamber of Commerce (UTCC) forecasts Thai economic growth of 3.6% in 2023, up from an estimated 3.3% this year, driven largely by the tourism revival, growing exports and a recovery in private consumption.

Bangkok Post

Stock Market Live: Stocks Close Sharply Lower As Powell, Fed Hawks Tighten Grip: Retail Sales Stumble

Fed Chair Jerome Powell poured cold water on market hopes for an end-of-year rally, signaling the need for a "higher for longer'' interest rate policy as inflation continues to lean economic growth.

The Street

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Moody’s Says Saudi Economic Growth at 10.2%, Driven by Non-Oil Sector Development

Moody’s said that the Saudi economy grew by 10.2 % during the first nine months of 2022.

Asharq Al-Awsat

Indonesia's new finance laws expand central bank's mandate

Indonesia's parliament on Thursday voted to approve financial legislation that widens the central bank's mandate to include supporting sustainable economic growth and formalise its debt monetisation operations.

Reuters

World Bank eyes slower Thai growth

The Thai economy is projected to recover faster than expected this year, but will face slower growth in 2023 because of global headwinds, according to the World Bank.

Bangkok Post

Westpac flags rates impact in 2023

Westpac expects tighter monetary policy and slowing economic growth to impact some of the bank's customers next year.

AAP

GDP growth figures highlight growing risk of stagflation

As NZ reports another quarter of slow economic growth, it is combining with inflationary pressures to pose a worrying economic outlook – here and around the world. A resilient China can help NZ through a worrying economic future.

Newsroom.co.nz

Cuba forecasts only slight growth rise as crisis grips island

Crisis-hit Cuba on Monday forecast economic growth of 3% for 2023 and reported 2% in 2022, half of what it had previously predicted and down 8% from the pre-pandemic level.

Reuters

Ghana had a bad time in 2022 – 4 reads to catch up on what happened

Ghana, a country with a good reputation for democracy, human rights, governance and economic growth in Africa, endured a difficult 2022.

The Conversation

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Caixin Global

Editorial: China Needs to Build Up Medical Capacity to Tackle Covid

With the latest round of easing, authorities face the challenge of preventing shortages and stabilizing economic growth, while also optimizing virus control measures

Asharq Al-Awsat

Facing COVID Surge, China Expanding Hospitals, ICUs

Facing a surge in COVID-19 cases, China is setting up more intensive care facilities and trying to strengthen hospitals as Beijing rolls back anti-virus controls that confined millions of people to their homes, crushed economic growth and set off protests. President Xi Jinping’s government is officially committed to stopping virus…

The Independent UK

Facing COVID surge, China expanding hospitals, ICUs

The Independent UK

Jiang Zemin: Leader who guided China’s rise to economic power

Under Jiang’s tutelage, China had its longest period of stable economic growth under Communist rule

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Bangkok Post

Energy demand poised to grow 3.2%

Energy consumption is expected to grow by 3.2% next year, driven by economic growth estimated in a range of 3-4%, says the Energy Policy and Planning Office (Eppo).

Bangkok Post

Energy consumption forecast to rise 3.2% next year

Energy consumption is forecast to increase by 3.2% next year on projected economic growth and other data, the Energy Policy and Planning Office said on Friday.

The Independent UK

China's Xi visiting Saudi Arabia amid bid to boost economy

Chinese leader Xi Jinping is attending a pair of regional summits in Saudi Arabia amid efforts to kick-start economic growth weighed down by strict anti-COVID-19 measures

ABC News

Economic growth misses expectations as GDP increases 0.6 per cent in September quarter

Australia's economic growth comes in slightly below expectations, with GDP rising by 0.6 per cent in the September quarter and 5.9 per cent through the year.

The Conversation

Chinese economic growth may never recover from COVID – here's why

Many countries have had to navigate the balancing act of keeping the economy alive versus protecting citizens from COVID in recent years. In China, patience with its zero-COVID policy – one of the world’s toughest strategies for dealing with the pandemic – are wearing thin among workers and students. Sporadic…

The National (Scotland)

Keir Starmer branded a 'chump' after claim that single market wouldn't boost growth

KEIR Starmer has been accused of “spreading obvious falsehoods” after suggesting returning to the EU single market would not boost the UK’s…

The Guardian - UK

Gove confirms mandatory housebuilding targets for councils will be abolished in face of Tory rebellion – as it happened

Levelling up secretary confirms government will change levelling up bill after number of Tory MPs tabled rebel amendment

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