KSA, Singapore To Boost Cooperation
RIYADH: Saudi Arabia and Singapore have identified education and health as potential areas of cooperation. “Top Saudi officials will be traveling to Singapore, an island city-state in Southeast Asia, in the near future to explore possibilities to work closely in these sectors,” said Singapore Ambassador Lawrence Anderson. Anderson, who was speaking on the occasion of […]
GCC : Will Growth Rate Continue to Decline?
Introduction Tough days are still on for all six countries of Gulf Cooperation Council (GCC). Various reports and survey including report of World Bank provides for slashing growth rate and tightening of monetary and fiscal policies and increased fiscal deficits. World Bank agrees that the prime reason for this forecast is majorly due to expectation […]
Canada, Switzerland See Stronger Growth
Economic growth in Canada and Switzerland beat expectations, but currency issues are causing analysts to urge caution for the future. In the fourth quarter of 2014, Canada saw GDP rise by 2.4% annualized, according to a statement by Statistics Canada issued on Tuesday. The growth was above expectations although slightly lower than third quarter growth, […]
India to grow at 7.4% this year, outpacing China
Aided by a 7.5% expansion during October- December, Asia’s third-largest economy will this fiscal see the fastest pace of growth since 2010-11 Indian economy will grow by 7.4% this fiscal, outpacing China to become the world’s fastest growing economy, after a revision in the method of calculations. Aided by a 7.5% expansion during October- December, […]