Indonesia enforces a 12% VAT on luxury goods to stimulate economic growth, exempting essential items to minimize public impact. Relief measures and an economic stimulus package are...
Switzerland's retail sales saw a 0.3% increase in November, with adjusted figures showing a 0.8% rise year-over-year, below analysts' expectations. The sector's performance indicat...
France's Finance Minister Eric Lombard aims to reduce the public deficit to 5-5.5% of GDP by 2025, emphasizing a balanced approach between fiscal responsibility and economic growth...
Singapore's economy experienced a significant 4.0% growth in 2024, with a 4.3% rise in GDP in the fourth quarter. Experts predict continued growth in 2025, driven by shifting suppl...
China's service sector expanded in December, with the Caixin China General Services Business Activity Index reaching 52.2, surpassing expectations. However, overseas demand decline...
Japan's private sector showed growth in December with an increase in the composite PMI to 50.5 and services PMI to 50.9. The rise in service sector growth and a softer fall in manu...
Australia's private sector showed marginal growth in December with a PMI of 50.2, indicating stability. The services sector grew slightly, but employment saw a cautious reduction. ...
The Singaporean government is distributing $220 vouchers to all households to help with the rising cost of living. These vouchers, part of the CDC voucher scheme, can be used at ha...
