Thailand plans a phased VAT increase to 8.5% in 2028 and 10% in 2030, alongside higher fuel excise in 2027, as part of a broader fiscal overhaul to curb the deficit ...

By Ebenezer Chike Adjei NJOKU The Ministry of Finance (MoF) has defended its decision to set the effective value added tax (VAT) rate at 20 percent in the 2026 national budget, arguing that the figure ...

The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower.

The GDP will be lower than Q1 but better than initial projections on account of the volume boost triggered by a reduction in ...

Concerted action on economic reforms can help the G20 achieve the group’s collective growth ambitions, but the reforms with the biggest payoff vary across countries ...

The buoyant revenue has prompted the government to initiate second-generation reforms in GST in September to further simplify ...

Commenting on services, Dev took note of the duality of the sector which comprised of high-skilled IT jobs as well as ...

The 8th CPC - expected to bring a 20-25 per cent salary hike - may help improve the financial well-being of government ...

Britain warned Russia on Wednesday that it was ready to deal with any incursions into its territory after the spy ship Yantar was detected on the edge of U.K. waters north of ...

UK defence has big ideas but is underfunded. Germany’s spending is rapid and extensive – but its approach looks dated. The ...

In terms of public investment, the National Assembly mandated that funds be distributed more quickly starting in early 2026.

DJ Ageing, AI and the revival of industrial policy - structural regime shifts redefine global economy, says Swiss Re Institute Swiss Re Ltd / Key word(s): Market Report/Research Update Ageing, AI ...