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Business and Economy

Singapore and Shanghai Deepen Ties with Record-Breaking Trade and Investment Agreements

Singapore and Shanghai have strengthened their bilateral ties with a series of agreements across various sectors, as trade between the two nations reached new heights. In 2022, bilateral trade grew by 8%, totaling $20 billion, driven by increasing demand. Singapore-linked projects in Shanghai received investments worth nearly $24 billion, focusing on real estate, financial services, manufacturing, lifestyle, and consumer goods.

Indo-Pacific Nations Join Forces to Bolster Supply Chain Resilience, Fostering Regional Cooperation

  In a landmark gathering of minds, the United States, Japan, and 12 other Indo-Pacific nations have forged an unprecedented agreement to fortify the resilience of critical supply chains. The momentous accord, achieved during the U.S.-led Indo-Pacific Economic Framework (IPEF)...

Kazakhstan Seeks BRICS Membership to Boost Economic Cooperation

Kazakhstan's First Deputy Foreign Minister, Kairat Umarov, actively participated in the BRICS foreign ministers' meeting held in Cape Town

What’s Behind Uganda’s Export Sector Surge?

Uganda’s Ministry of Finance, Planning and Economic Development has recently stated that the East-African nation exported goods worth $674.54 million in March 2023, a 93.0 percent increase over the $349.44 million shipped in February 2023.

Top 4 Largest Sovereign Wealth Funds in 2023

Sovereign wealth funds (SWF) are often associated with well-to-do countries. But an SWF or lack thereof is not necessarily the sign of a wealthy nation. There are plenty of prosperous countries that do not have an SWF and a few not-so-prosperous ones. Top 4 largest sovereign wealth funds

Made in Africa’ Label to Boost Intra-African Trade: ITC and ARSO Collaborate

Nairobi, May 26, 2023 - The International Trade Centre (ITC) has officially announced the signing of a memorandum of understanding (MOU) with the African Organisation for Standardisation (ARSO), based in Nairobi. The agreement aims to contribute to the establishment of a unique trade label, according to the ITC.

South America’s Political Landscape Shifts: President Lula Revives UNASUR and Proposes Ground-breaking Regional Trade Currency at Summit

  Amidst an atmosphere of anticipation and political transformation, Brazil's esteemed leader, Luiz Inacio Lula da Silva, takes center stage as he hosts a momentous summit in the vibrant capital city of Brasilia. This grand event has attracted the participation...

“Saudi Arabia’s Special Economic Zones: Driving Future Investment Growth”

  Saudi Arabia's Minister of Investment, Khalid Al Falih, highlighted the significance of the kingdom's special economic zones as crucial drivers of future investment growth. These next-generation zones are designed to attract foreign investment, diversify the non-oil sector, and bring...

Abu Dhabi Unveils Initiative to Accelerate Industrial Investment

Abu Dhabi, a leading business and talent hub, has unveiled a new program aimed at strengthening its industrial investment and solidifying its position as the preferred destination for businesses.
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W.K Mutale Nalumango, Zambia Vice President, on the UPND’s First Term, Zambia’s Economic Direction and What Is at Stake in the Election

W.K Mutale Nalumango, Zambia Vice President, on the UPND’s First Term, Zambia’s Economic Direction and What Is at Stake...
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