The Latest Breaking News from Economic Growth

Herman Daly had a flair for stating the obvious. When an economy creates more costs than benefits, he called it “uneconomic growth.” But you won’t find that conclusion in economics textbooks. Even suggesting that economic growth could cost more than it’s worth can be seen as economic heresy.

Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday. Facebook parent Meta in October forecasted a weak holiday quarter and…

Chinese health officials are giving no indication of any relaxation of COVID-19 restrictions following several days of speculation that the government was considering changes to a “zero-COVID” approach that has stymied economic growth and disrupted daily life

Averting a climate disaster without compromising economic growth and development is a key issue for African countries. Energy production and use is the single biggest contributor to global warming, accounting for roughly two-thirds of human-induced greenhouse gas emissions. Yet, electricity use and access are strongly correlated with economic development.

Thai stocks may test their previous record level next year on optimism that a return of international tourists will boost economic growth and corporate earnings, according to SCB Asset Management.

There is wide agreement among economists and market observers that the Federal Reserve’s aggressive interest rate hikes will cause economic growth to grind to a halt, leading to a recession. Less talked about is the risk of a financial crisis as the U.S. central bank simultaneously tries to shrink its…

Prime Minister Prayut Chan-o-cha on Wednesday called for all stakeholders to change their business mindset and put a focus on sustainability as he touted Thailand's bio-circular-green (BCG) economic model as a solution to climate change and a core strategy for sustainable economic growth.

The mood music emanating from the Treasury ahead of the November 17 Autumn Statement is funereal: tax rises and spending cuts are imminent. Amid anaemic economic growth and following a mini-Budget that spooked the markets and saw the cost of borrowing rise, there is a clear need to make the…

Authoritarian regimes can be seen to be manipulating their economic growth rates to a greater extent than democracies

The Fiscal Policy Office (FPO) has downgraded its 2022 Thai economic growth forecast to 3.4% from the 3.5% projection it made in July.

The Finance Ministry on Friday trimmed its 2022 economic growth outlook to 3.4% from 3.5% projected earlier, with the main drivers being a recovery in private consumption and the crucial tourism sector, Fiscal Policy Office (FPO) director-general Pornchai Thiraveja said.