Economy & Business

1183 articles
Papua New GuineaPNG Post-Courier16hEconomy & Business

PNG Tourism Chief Vows Stronger Regional Ties Post-APEC Meeting

The Chief Executive Officer of the Papua New Guinea Tourism Promotion Authority (PNGTPA), Eric Mossman Uvovo, has restated Papua New Guinea’s dedication to bolstering regional tourism partnerships. This commitment follows Papua New Guinea’s successful hosting of the 68th APEC Tourism Working Group M

ColombiaLa Republica16hEconomy & Business

BBVA Bank Enables Bre-B Payments Using Credit Card Limit

BBVA bank customers will now be able to make payments using Bre-B, a payment method, utilizing either funds from their accounts or their credit card limits. This new functionality is accessible through the bank's application. Customers choosing to use their credit card limit can opt to defer the pay

AlgeriaAlgerie36016hEconomy & Business

USDT Trades Above Dollar in Algeria’s Black Market Despite Ban

Tether (USDT) is currently being exchanged at a rate of 250 to 260 Algerian dinars, exceeding the value of the US dollar on Algeria’s black market. This digital currency is popular among internet users for online purchases. Despite its higher value compared to the official exchange rate, USDT remain

AustraliaABC News Australia17hEconomy & Business

OzAsia Festival Ends in Adelaide After Two Decades of Cultural Exchange

After twenty years, Adelaide is losing OzAsia, its leading Asian arts festival. The festival has been instrumental in fostering careers and providing a vital cultural touchstone for diasporic communities in Adelaide. Its cancellation raises questions about the future of Asian arts representation in

IndonesiaAntara News17hEconomy & Business

Hologic to Acquire Reveal Genomics in Definitive Agreement

Hologic, a global leader in women’s health, has announced a definitive agreement to acquire Reveal Genomics. The financial details of the acquisition were not disclosed. Reveal Genomics is a privately held company focused on post-operative biomarker testing for endometriosis. This acquisition will e

ArgentinaLa Nacion17hEconomy & Business

Argentine Cardiologist: Focus on Self-Improvement, Not Beating Others

Speaking with LA NACION, Argentine cardiologist Daniel López Rosetti discussed the impact of stress on the body. He argues that prioritizing self-improvement over competition with others is key to good health. Rosetti emphasized adopting a life philosophy focused on avoiding unnecessary struggles. T

GuatemalaEl Periódico17hEconomy & Business

Company Invests Over $50 Million in Guatemala, Plans Regional Expansion

Suministros y Alimentos, led by CEO Álvaro Labarca, is investing more than US$50 million in Guatemala. The investment will fund the construction of a new industrial complex and distribution center within Guatemala. Labarca detailed the scope of the investment and outlined projections for job creatio

MongoliaUB Post17hEconomy & Business

Why a Credit Card is Essential for International Travel

Before traveling internationally, it’s crucial to prepare not only flights, accommodations, and itineraries but also payment methods. Convenient payment options, managing unexpected expenses, and secure money storage are key for comfortable and low-risk travel. An internationally accepted credit car

IrelandIrish Independent17hEconomy & Business

OpenAI CFO Details Expansion in Ireland, Addresses AI Risks and Growth

OpenAI’s CFO, Sarah Friar, discussed the company’s significant growth plans for Ireland, noting a doubling of weekly ChatGPT users to 2.5 million people. The company intends to create 450 new jobs in Ireland and is considering establishing data centres there. Friar addressed concerns surrounding AI,

NigeriaVanguard18hEconomy & Business

Nigeria: PSN Demands Stricter Penalties for Fake Drug Manufacturers & Distributors

The Pharmaceutical Society of Nigeria (PSN) is advocating for significantly harsher penalties for those involved in the production and distribution of counterfeit drugs in Nigeria. The PSN is proposing a minimum fine of N25 million (Nigerian Naira) for offenders, alongside imprisonment ranging from

MalaysiaNew Straits Times18hEconomy & Business

National Australia Bank to Axe 2,500 Jobs Amid Slowing Credit Growth

National Australia Bank Ltd (NAB) announced plans to reduce its workforce by up to 2,500 positions, representing approximately six percent of its total employees, over the coming year. The job cuts, slated to take place in BENGALURU and across AUSTRALIA, are part of a broader initiative to streamlin

ColombiaLa Republica18hEconomy & Business

Inmoval Investment Fund Offloads Assets Worth Over $329 Million in 2026

In 2026, investment fund Inmoval completed asset sales exceeding $329 million. A significant portion of this revenue, over $207 million, came from the sale of a stake in Rivana Business Park, located in Medellín. The funds generated from these transactions will primarily be used to decrease the fina

VietnamThanh Nien18hEconomy & Business

‘Milk Flower No Longer Falls’ – A Lingering Cultural Memory in Vietnam

The Vietnamese phrase “hoa sữa thôi rơi…” – literally “milk flower no longer falls” – evokes strong feelings of nostalgia for many, even as the *hoa sữa* tree itself disappears from the urban landscape of Hanoi. The text reflects on the enduring power of cultural symbols, suggesting that simply remo

TaiwanPeople News18hEconomy & Business

Sanyuan Construction Sells Taipei Luxury Homes at Discounted Prices

Sanyuan Construction is accelerating asset sales, offering luxury residences in Taipei at discounted rates. The development, known as “Sanyuan Taipei Star,” is currently being offered at 85% of its original price as the company faces financial pressures. Several units are now listed below NT$2 milli

NigeriaPunch18hEconomy & Business

New FRSC Special Marshal Calls for Collective Road Safety in Nigeria

Ifeanyi Ezeagu was recently invested as an FRSC Honourary Special Marshal in Nigeria and has urged citizens to prioritize road safety as a collective responsibility. Ezeagu emphasized that ensuring safe roads isn’t solely the duty of law enforcement like the Federal Road Safety Corps (FRSC). He call

GhanaDaily Graphic18hEconomy & Business

Nigerian Billionaires Back Artists, Ghanaian Peers Lack Support – Sarkodie

Ghanaian rapper Sarkodie has revealed a disparity in financial backing for musicians between Nigeria and Ghana. He stated that Nigerian artists benefit from significant financial investments from the nation’s billionaires and business leaders. Sarkodie highlighted that this level of support is not c

AlgeriaAlgerie36018hEconomy & Business

Algerian Customs Uses 'Argus' to Value Imported Cars Under 3 Years Old

Algerian Customs authorities determine taxes on imported vehicles less than three years old based on the actual price paid. They utilize the 'Argus' valuation guide to establish the taxable value of these cars. This process ensures a standardized approach to taxation for relatively new imported vehi

BangladeshBangla Tribune18hEconomy & Business

French Citizens Rally to Support Bangladeshi Business Owner After Paris Looting

A Bangladeshi expatriate, Rabiul Hasan, saw his business in the Boulevard Magenta area of Paris severely damaged and systematically looted during widespread violence and unrest in the French capital on October 17th. The incident left Hasan facing both immense emotional distress and financial insecur

UruguayEl País Uruguay18hEconomy & Business

San Rafael Ranch Achieves $4,009 Average Price at Annual Livestock Auction

The 24th annual livestock auction held by Vasco Pampeano ranch in Salto saw an average price of US$4,009 for bulls. The sale, managed by Zambrano & Cía., began strongly with female livestock transactions. This event highlights the continuing activity in the regional livestock market of San Rafael. T

AustraliaSydney Morning Herald18hEconomy & Business

Leadership Focus: Is Change Real or Just a Repackage?

A recent commentary from “Dollar Bill” questions the authenticity of change within organizations. Despite shifts in leadership, projects, and even company branding, the core issue of effective management may remain unaddressed. The piece suggests that changes are often superficial, merely a “re-poli

AlgeriaAlgerie36019hEconomy & Business

Algerian Real Estate Fair DZ IMMO to Showcase Over 30 Exhibitors in Algiers

The third edition of the Algerian real estate fair, DZ IMMO, is set to take place from October 22nd to 25th at the Palais des expositions d’Alger. The event, held at the Safex d’Alger, will feature over 30 exhibitors. DZ IMMO serves as a key platform for professionals and potential buyers in the Alg

Papua New GuineaPNG Post-Courier19hEconomy & Business

Pacific Churches Oppose U.S. Bid to End UN Decolonization Efforts

The Pacific Conference of Churches (PCC) has firmly rejected a request from the United States to cease the United Nations Special Committee on Decolonization’s mandate. The PCC warns that ending this mandate would negatively impact the Pacific peoples' ability to freely decide their own political st

South KoreaYonhap News19hEconomy & Business

AI ‘Tourist Butler’ Helps Navigate & Translate at South Korean Markets

The Korea Tourism Organization (KTO) is deploying an artificial intelligence (AI) service to assist tourists at traditional markets throughout South Korea. Dubbed ‘AI Tourist Butler’, the system aids visitors in navigating the often-complex layouts of these markets. It also provides real-time inform

GermanyDer Spiegel19hEconomy & Business

Peter Christian Zinkann, Longtime Miele Leader, Dies

Peter Christian Zinkann, a prominent figure in the German appliance industry and long-serving head of Miele, has died. His grandfather was a co-founder of the company, Miele, establishing a family legacy within the firm. Zinkann himself dedicated over four decades to leading Miele, guiding its growt

MoroccoHespress19hEconomy & Business

Saudi Arabia Postpones Future Investment Initiative Summit to 2027

The Saudi Future Investment Initiative (FII) has announced the postponement of its annual global conference, originally scheduled to take place in Riyadh from October 26th to 29th of this year, until 2027. No new date has been set as of yet. The decision to postpone the tenth edition of the summit w

South KoreaYonhap News20hEconomy & Business

SNT Motive Acquires Additional SMAC Shares Worth ₩24.8 Billion, Increasing Stake

SNT Motive, a company listed on the KOSPI index, announced the additional acquisition of 5,938,500 shares of SMAC Corporation, a company engaged in machinery businesses, for approximately ₩24.8 billion. This purchase will increase SNT Motive’s stake in SMAC to 29.2%. The details of the transaction w

AustraliaSydney Morning Herald20hEconomy & Business

Melbourne Butcher Robbed of $8000 Worth of Meat in Ivanhoe Heist

A family-run butcher shop in Ivanhoe, a suburb in Melbourne’s north-east, was the target of an overnight robbery. The thieves reportedly ransacked the store and stole an estimated $8000 worth of meat products. Police are investigating the incident, which has left the business significantly impacted.

New ZealandBusinessDesk20hEconomy & Business

Simplicity KiwiSaver Boosts Icehouse Ventures with $50 Million Investment

Simplicity KiwiSaver has increased its investment in Icehouse Ventures, allocating an additional $50 million to the venture capital firm’s growth fund. This new investment brings Simplicity’s total commitment to Icehouse funds to $115 million, with $85 million already invested in Icehouse’s Fund III

TunisiaTunis Afrique Presse20hEconomy & Business

Tunisia’s 2027 Economic Budget, UGTT, Olive Oil – Top 5 News Items

Business News provides a daily recap of five key news items shaping the Tunisian landscape. On October 19, 2026, the focus is on the 2027 economic budget and concerns raised by the Council of Regions regarding the realism of growth projections. The report also highlights developments involving the U

EstoniaEstonian World20hEconomy & Business

Estonia Maintains OECD’s Most Competitive Tax System for 13th Consecutive Year

Estonia has been ranked as having the most competitive tax system within the Organisation for Economic Co-operation and Development for the 13th consecutive year, as per the Tax Foundation’s International Tax Competitiveness Index. The country’s success is attributed to four key characteristics of i

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