EconomyFeaturedAverage pay of FTSE 100 CEO in UK witnesses massive jumpWebAdminSeptember 2, 2022September 2, 2022 by WebAdminSeptember 2, 2022September 2, 2022 A CEO in the United Kingdom currently earns 109 times more than the ordinary British worker did in 2020... Read more
EconomyFeaturedBangladesh cuts school, office hours to save powerIFM CorrespondentAugust 24, 2022August 24, 2022 by IFM CorrespondentAugust 24, 2022August 24, 2022 In Bangladesh, the price of gasoline was increased by more than 50%, going from 86 taka to 130 taka per litre.... Read more
EconomyFeaturedWill a hike in interest rates reduce inflation?IFM CorrespondentAugust 18, 2022August 19, 2022 by IFM CorrespondentAugust 18, 2022August 19, 2022 On August 4, Bank of England announced a 0.5 percentage point rate hike, the biggest in more than a quarter of a century.... Read more
EconomyFeaturedGlobal inflation reaching its climax soonIFM CorrespondentAugust 17, 2022August 17, 2022 by IFM CorrespondentAugust 17, 2022August 17, 2022 According to US central bank officials, the second half of the year will witness a slowdown in Global inflation.... Read more
EconomyFeaturedRestaurant business is fluid & competitive: Sherri KimesIFM CorrespondentAugust 10, 2022August 10, 2022 by IFM CorrespondentAugust 10, 2022August 10, 2022 The restaurant operators don't want to have to raise their prices, but given the increased costs of ingredients, they have to be able to stay in business.... Read more
EconomyFeaturedNancy Pelosi’s Taiwan visit: Will global economy face another meltdown?IFM CorrespondentAugust 8, 2022August 6, 2022 by IFM CorrespondentAugust 8, 2022August 6, 2022 It is assumed that China will put on a show of power following Nancy Pelosi's visit to Taiwan.... Read more
EconomyFeaturedDeclining economy not impacting travel industry?IFM CorrespondentAugust 5, 2022August 4, 2022 by IFM CorrespondentAugust 5, 2022August 4, 2022 At an all-time high for Airbnb, close to 104 million bookings took place on the platform between April and June.... Read more
EconomyFeaturedSingapore’s new farms — multi-story car parksIFM CorrespondentAugust 3, 2022 by IFM CorrespondentAugust 3, 2022 Launching the farm cost about USD 1 million, with a large portion of the funds going toward equipment to facilitate faster harvesting.... Read more
EconomyFeaturedIMF reveals why Asia economies need rapid rate hikesIFM CorrespondentAugust 2, 2022August 2, 2022 by IFM CorrespondentAugust 2, 2022August 2, 2022 Krishna Srinivasan did not specify which economies would have to quickly increase interest rates.... Read more
EconomyFeaturedZimbabwe increases benchmark rate: Citizens to face inflation’s ripple effect?IFM CorrespondentAugust 1, 2022August 1, 2022 by IFM CorrespondentAugust 1, 2022August 1, 2022 Of late, Zimbabwe has witnessed an increase in the prices of imported food, petrol, fertilizer, and other commodities.... Read more