Ministers will hold a high-level meeting with leading bank executives on Tuesday as pressure mounts on lenders to improve access to credit for small businesses, amid growing fears that the UK’s economic recovery could be held back by underinvestment in the SME sector. Senior figures from
The US economy shrank by 0.3% in the first quarter of 2025, marking its first contraction in over two years, as businesses rushed to import goods ahead of President Trump’s sweeping tariff plans, triggering record trade imbalances and unsettling financial markets. The latest data from the
UK interest rates are expected to fall at their fastest pace since the 2008 financial crisis, as the Bank of England prepares to respond to mounting global economic headwinds driven by President Trump’s escalating trade war. Economists expect the central bank to begin cutting rates next
A diverse group of British companies — from ex-offender employers to luxury shoemakers — have been recognised in the 2025 King’s Awards for Enterprise, highlighting the entrepreneurial resilience and innovation powering the UK economy. In total, 197 organisations were honoured this year across four categories: international
The Trion Towers at BGCThe real estate landscape continues to evolve, shaped by economic conditions, buyer preferences, and market shifts. Despite concerns about supply and demand, industry experts forecast continued growth in 2025. A report from Colliers International highlights a positive trajectory for the Metro
Reco Jefferson didn’t grow up with a lot of money, but he did grow up with a lot of curiosity. Born in Mississippi, he spent much of his early years taking things apart just to see how they worked. “I was always reading, always trying to
A vendor waits for customers at a stall in a market in Manila. — PHILIPPINE STAR/EDD GUMBANBy Chloe Mari A. Hufana, ReporterAPRIL INFLATION that’s likely to go below 2% gives the Philippine central bank “a lot of policy space,” while first-quarter growth that could be
A 3D-printed miniature model depicting U.S. President Donald Trump depicting US flag and word “tariffs” in this illustration taken, April 17, 2025. — REUTERSBy Justine Irish D. Tabile and Chloe Mari A. Hufana, Reporters THE PHILIPPINE government is optimistic that a deal on tariffs can
Asian Development Bank (ADB) President Masato Kanda holds a press conference during the 58th Annual Meeting of the ADB Board of Governors in Milan, Italy. — ASIAN DEVELOPMENT BANKBy Luisa Maria Jacinta C. Jocson, Senior ReporterMILAN, Italy — The Asian Development Bank’s (ADB) top official
Thousands of job seekers flock to the job fair organized by the Department of Labor (DoLE) on May 1, 2025.— PHILIPPINE STAR/NOEL B. PABALATETHE PHILIPPINE government on Monday launched a 10-year employment masterplan, which is targeting to increase the labor force participation rate (LFPR) to
The ASEAN+3 Finance Ministers and Central Bank Governors’ Meeting was held on the sidelines of the 58th Annual Meeting of the Asian Development Bank (ADB) Board of Governors in Milan, Italy, May 4. — COURTESY OF ASIAN DEVELOPMENT BANKMILAN, Italy — Finance ministers and central
Aerial photo of ICTSI's flagship Manila International Container Terminal at the Port of Manila — ICTSI.COMRAZON-LED port operator International Container Terminal Services, Inc. (ICTSI) reported a 14.1% year-on-year increase in its first-quarter (Q1) net income attributable to equity holders to $239.54 million, supported by higher