Economy News

Economy

Thailand Joins Global Movement with 15% Minimum Corporate Tax Starting 2025

Thailand announces a 15% minimum corporate tax starting 2025, aligning with the Global Minimum Tax framework to curb tax competition. This move follows the OECD's guidelines and mi...

Economy

December Sees A Surge in Spanish Inflation: What’s Behind The Numbers?

Spain's inflation rate increased to 2.8% in December, up from 2.4% in November, driven by higher fuel and leisure prices. This rise exceeded analysts' expectations, raising questio...

Economy

Vietnam's Coconut Industry Aims to Capture Billion-Dollar Global Markets

Vietnam's coconut industry is thriving, with significant growth in export revenues and global recognition. The country aims to surpass $1 billion in coconut exports by 2024, levera...

Economy

Bank of Korea Predicts Sustained Dollar Strength Amid Global Economic Shifts

The Bank of Korea forecasts the strong dollar trend to continue into early next year, driven by economic factors and policies, including the Trump administration's impact on inflat...

Economy

Survival at Stake: Korean Companies Brace for Impact as Exchange Rate Threatens to Exceed 1,390 Won by 2025

Korean companies face a critical challenge as the won-U.S. dollar exchange rate threatens to exceed 1,390 won by 2025, impacting import costs and overseas investments. A survey amo...

Economy

South Korea on the Brink: Political Turmoil and Economic Uncertainty Post-Leaders' Impeachment

South Korea faces political and economic uncertainty after the impeachment of its top leaders, with concerns over international credibility and calls for a political system overhau...

Economy

China's Central Bank Governor Signals Potential Interest Rate Cuts Amid Economic Adjustments

PBoC Governor Pan Gongsheng suggests there is room for interest rate adjustments within the current monetary policy, while emphasizing a cautious approach to avoid yuan depreciatio...

Economy

December Sees Slower Decline in Japan's Manufacturing Sector Activity

Japan's manufacturing sector saw a slower pace of decline in December, with the PMI index at 49.6, slightly up from November's 49.0. S&P Global reports a near-stabilization, wi...