The Business Times

OECD

Global Enterprise

World economy yet to feel full force of Trump tariffs: OECD

OECD chief economist Alvaro Pereira says: “For everyone, including the US, the best option is that countries sit down and get an agreement.”
Global Enterprise

Trade war cuts global economic growth outlook: OECD

NEW YORK, NEW YORK - SEPTEMBER 30: Shipping containers sit stacked in the Port of Newark on September 30, 2024 seen from New York City. A massive strike that could shut down ports across the East and Gulf coasts could begin at midnight as members of the International Longshoremen’s Association continue to make salary and other demands to the United States Maritime Alliance, which controls many of the ports across the country. Spencer Platt/Getty Images/AFP (Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
International

Trump trade war to sap Canadian, Mexican and US growth, OECD says

The OECD's Andrew Blazey says that the arrangements for fiscal discipline and fiscal management are very strong in Singapore.
Economy & Policy
BUDGET 2025

Singapore’s Budget framework has adapted well to challenges including ageing, slower growth: OECD

Indonesia is among 140 countries which agreed on a landmark 2021 deal that allows governments to apply a top-up tax to the 15 per cent level on any corporate profits booked in a country with a lower rate.
ASEAN Business

Indonesia issues regulation to implement global minimum tax

Under new rules being shepherded by the OECD, a minimum 15 per cent tax will be charged on multinationals with an annual global turnover of more than 750 million euros (S$1.06 billion), regardless of their location.
International

Thailand to implement global minimum corporate tax rate from Jan 1

The OECD says “increases in trade-restrictive measures could raise costs and prices, deter investment, weaken innovation and ultimately lower growth”.
International

OECD ups global growth forecast but warns of protectionism risk

The world economy was projected to grow 3.2 per cent both this and next year, the Organisation for Economic Cooperation and Development forecast, nudging up its 2024 forecast from 3.1 per cent previously while leaving 2025 unchanged.
Global Enterprise

OECD sees global growth stabilising at 3.2% this year

The OECD is seeking to expand a ban on the financing of unabated coal-fired power plants adopted in 2021.
Energy & Commodities

Rich nations running out of time to curb oil and gas funding

IFC has invested in three projects in Malaysia since it set up an office in the country last year.
International

Malaysia must be ready to hike rates to curb prices, OECD says

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