Archive for the ‘Economic Development’ Category

Korea experienced a significant boost in employment in February, adding nearly 330,000 new jobs, largely driven by increased opportunities for senior workers and expansion in the manufacturing sector amidst a rise in exports.   According to data released by Statistics Korea on Wednesday, the country recorded a total of 28.04 million employed individuals, marking a […]

In a significant move aimed at fostering economic collaboration, Britain is set to sign a memorandum of understanding on trade with Texas, marking the largest state-level agreement between the UK and the United States to date. This pact underscores a concerted effort to stimulate investment and bolster trade relations amidst evolving global dynamics.   The […]

In a notable development for Indiana’s maritime industry, there has been a substantial increase in cargo shipments for the year 2023 at the ports of Indiana. Experiencing a 6% rise compared to the previous year, a total of 12.6 million tons of cargo were shipped, marking the second-highest tonnage recorded in the history of these […]

U.S. Treasury Secretary Janet Yellen is set to embark on a series of visits to pivotal battleground states, underscoring the Biden administration’s economic achievements. Her itinerary includes stops in Pittsburgh on February 13th and Detroit on February 14th, where she will engage with elected officials and community leaders to highlight the administration’s initiatives aimed at […]

Dubai continues to demonstrate economic resilience as its gross domestic product (GDP) experienced a commendable growth of 3.3% in the period spanning January to September 2023, according to data released by the state news agency WAM on Sunday.   In this impressive economic landscape, key sectors played pivotal roles in driving growth. Accommodation and food […]