Finance & Economics

Thailand Retains Spot in Top 50 for Doing Business

This year, Thailand ranks at 46 on the ease of doing business, retaining a spot among the top 50 economies among 190 economies, worldwide.

Lagarde Calls on Pakistan to Build on Progress and Seize Opportunity to Complete Economic Transformation

● Managing Director concludes visit to Pakistan

● Ms Lagarde congratulates the country on successfully completing its IMF-supported economic program

● Ms Lagarde says this is Pakistan’s moment of opportunity to forcefully address...

Gas: use EU storage capacity efficiently and forge trade partnerships, urge MEPs

The EU strategy for liquefied natural gas (LNG) must make energy supplies more secure, cut carbon emissions and deliver affordable prices say MEPs in a resolution voted on Tuesday. Parliament calls on the EU Commission to aim to reduce the EU’s...

Economies in Europe and Central Asia at the Forefront of Top Global Improvers, Says Latest Doing Business Report

Economies of the Europe and Central Asia region place among the top improvers in the World Bank Group’s ease of doing business report.

All but one of the region’s 25 economies carried out business reforms in the past year, for a total of 57,...

EU rules needed to ensure firms respect human rights abroad, say MEPs

Clear rules requiring EU firms to respect human rights in all their global operations must be laid down and enforced, urge MEPs in a resolution voted on Tuesday. Clauses on corporate liability for human rights violations should be included in EU trade...

Improved Fiscal Management Strengthens Indonesia’s Economic Resilience: World Bank

Improved fiscal management is supporting GDP growth in Indonesia, projected at 5.1 percent for 2016, according to a new World Bank report.

Tax reforms, more efficient public spending and better public governance, keys to consolidating Indonesia’s strong economic progress

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Next step towards transparency in international tax matters: Five new jurisdictions sign tax co-operation agreement to enable automatic sharing of country-by-country information

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From left/right: Senator Ian Gorst, Jersey, Secretary-General Angel Gurría, OECD,...

Government of India and World Bank Sign $650 Million Agreement for the Eastern Dedicated Freight Corridor Project

The Government of India and the World Bank today signed a $650 million agreement towards the third loan for the Eastern Dedicated Freight Corridor (a freight-only rail line) that will help faster and more efficient movement of raw materials and...

UK clamps down on nuisance call crooks

From Spring 2017, firm directors can each be fined up to £500,000 by UK Information Commissioner’s Office, if they are found to be in breach of UK Privacy and Electronic Communications Regulations.