Tag: growth
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Thailand’s second-quarter growth seen slowing sharply as weak consumption weighs: Reuters poll
BENGALURU, Aug 13 : Thailand’s economic growth likely slowed sharply in the second quarter, while the economy contracted on a quarterly basis, a Reuters poll of economists showed, as subdued household consumption offset support from exports and private investment. Southeast Asia’s second-largest economy like
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Shein’s slowing growth tests investor appetite ahead of Hong Kong IPO
HONG KONG/LONDON, Aug 12 : Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak, Shein faces questions over whether slowing growth, rising costs and changing market conditions justify that price tag.Five investors who attended presentations o
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Philippine economy posts slowest growth in five years in second quarter
MANILA, Aug 7 : The Philippine economy grew at its weakest annual pace since 2021 in the second quarter due to a slump in construction and softer domestic demand, but the government said there were some signs that activity may improve in the second half of the year.Growth slowed to 2.3 per cent in the…
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Fitch says Vietnam banks likely to face significant pressure from government growth target
HANOI, Aug 6 : Fitch Ratings said on Thursday that Vietnam’s banking system is likely to come under under significant pressure to finance and support the economy due to government efforts to attain double-digit growth in 2026. Banks in Vietnam remain more vulnerable to external shocks than their neighbours
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South Korea says the chance of 3% economic growth has risen sharply
SEOUL, Aug 6 : South Korea’s Finance Ministry said on Thursday that the possibility has increased greatly of economic growth rising to the 3 per cent level for the first time in five years.Last month, the finance ministry raised this year’s economic growth forecast to 3.0 per cent from 2.0 per cent. The econo
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Duolingo’s soft quarterly revenue outlook overshadows stronger user growth forecast
Aug 5 : Duolingo forecast third-quarter revenue below Wall Street expectations on Wednesday, tempering optimism from its stronger user growth forecast as the language-learning company prioritizes boosting engagement over near-term monetization.Its shares slumped more than 10 per cent in extended trading.
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Gen-Z: Why keeping youth discontent in check remains Indian PM Modi’s biggest challenge
India has the biggest youth population in the world but few are able to find good jobs despite rising education levels.
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World Bank maintains 2026 Philippine growth forecast at 3.7%
MANILA, Aug 3 : The World Bank on Monday maintained its 2026 growth forecast for the Philippines at 3.7 per cent and said the economy’s recovery next year was likely to be slower than previously expected. • “Growth is set to decelerate in 2026 on the back of weak investment, constrained consumption and sus
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Reddit flags volatile search referrals as US user growth slows
July 30 : Reddit said on Thursday that choppy search-engine traffic affected U.S. user growth in the second quarter, overshadowing an upbeat revenue forecast and sending its shares down around 13 per cent in extended trading.The social media company operates in a highly competitive market. Bigger rival Meta t
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Worldline cuts revenue growth forecast as bank contract delays slow recovery
July 30 : French digital payments group Worldline lowered its 2026 revenue growth expectations on Thursday, saying a recovery in new business had taken longer than expected as banks delayed awarding contracts following the company’s recent setbacks.Worldline now expects flat to marginally positive revenue gro
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