Tag: GDP
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Philippines Tops ASEAN in Tourism GDP and Jobs, DOT Says
Overview: A Strong Lead in Southeast Asia The Department of Tourism (DOT) announced a notable milestone for the Philippines, revealing that the country leads its Southeast Asian neighbors in the combined impact of tourism on the economy and employment. While tourism has long been a vital driver for growth in the region, this latest assessment…
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Philippines Leads ASEAN in Tourism GDP and Jobs, DOT Says
Key Findings from DOT The Department of Tourism (DOT) reported that the Philippines stands out among its Southeast Asian peers for the significant impact of tourism on the nation’s economy and employment. The assertion, which highlights tourism as a major driver of both gross domestic product (GDP) and job creation, suggests that the country is…
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Eurozone Inflation Falls to 2% in December: What it Means for Monetary Policy and the Economy
Overview: Inflation at the 2% Benchmark Inflation in the euro area fell to 2% in December, bringing the region to a level commonly viewed as aligning with the European Central Bank’s (ECB) target. This development marks a significant moment for students studying IB DP economics under Unit 3.3: Low and stable inflation. It offers a…
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Australian Markets Set to Open Flat as AUD Rises on Consumer Spending Upswing
Markets poised for a flat open as the AUD gains The Australian share market is expected to open flat following a period of mixed trading, as investors weigh recent signals of stronger household spending against lingering macro concerns. In early updates, market participants cited a snapshot of resilience in domestic demand that could support a…
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Rates Spark: Sterling Rates Slide as US TIC Data Adds Mixed Signals
Overview: Sterling Rates Move Lower on Growth Reassessment Sterling has eased further over the past month as traders reassess the UK’s economic trajectory and the global growth backdrop. While the path ahead remains nuanced, the balance of risks suggests sterling could face additional pressure if the UK’s jobs market softens faster than anticipated. The immediate…
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Singapore’s 2025 Growth Accelerates to 4.8% as Q4 GDP Surges 5.7%
Singapore’s economy expanded by 4.8% year-on-year in 2025, according to advance estimates released by the Ministry of Trade and Industry (MTI) on Friday morning. The figure marks a firmer pace than the revised 4.4% growth recorded in the previous year, signaling a broad-based recovery across key sectors. The MTI data underscore a resilient economy navigating…
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Singapore’s 2025 Growth Accelerates to 4.8% as Q4 GDP Surges
Singapore’s 2025 GDP Advances 4.8%, Q4 Growth at 5.7% The Republic’s economy logged a solid year, expanding 4.8% year on year in 2025, according to advance estimates from the Ministry of Trade and Industry (MTI). This growth surpasses the revised 4.4% increase recorded previously, signaling resilience across key sectors amid a global demand rebound. The…
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Singapore’s 2025 Economy Surges 4.8% Ahead of 2025 Outlook
Singapore’s 2025 GDP Growth: A Strong Start to the Year Singapore’s economy ended 2025 on a high note, expanding 4.8% year on year, according to advance estimates from the Ministry of Trade and Industry (MTI) released on Friday morning. The full-year growth figure surpasses the revised 4.4% recorded for 2024, underscoring a steady rebound across…
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Britain Hits New Low in G7 Investment Amid Starmer Ambitions
Britain Records a G7-Low Investment Rate The United Kingdom has recorded the lowest investment level among the Group of Seven (G7) nations this year, dealing a setback to Prime Minister Keir Starmer’s growth agenda. Government and business investment as a share of GDP reached 18.6% in the latest period, a figure that trails peers in…
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Japan Expands Defense Spending Amid Fiscal Pressures and Global Tensions
Japan Moves Toward a Record Defense Budget Japan is poised to set a new record for its defense budget in the coming year, as the government signals a decisive shift toward strengthening national security capabilities. Prime Minister Sanae Takaichi and her Cabinet face mounting geopolitical pressures from regional rivals, intensifying calls from allies in the…