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307 results found for "creative economy"

  • UK Business Rates U‑Turn: Why the Government Is Backing Down on Tax Hikes

    Political and Economic Stakes The creeping tax burden has become a flashpoint not just for business groups pressured the government to rethink the policy, arguing that steep rate increases threaten jobs, local economies for smaller retail, hospitality and leisure properties, but immediate pressures have forced a more reactive hotels and small enterprises—highlighting how tax policy remains a key battleground in UK politics and economic

  • Fintech Funding 2025: What a 21% Investment Jump Signals for Digital Finance

    contributed to the resurgence in fintech funding: Stabilizing interest rate environments in major economies strong growth potential driven by financial inclusion, mobile-first adoption, and expanding digital economies fintech funding in 2025 underscores a clear message: digital finance remains a cornerstone of global economic

  • Rajaklana Resort & Spa in Yogyakarta Indonesia, one of the best economic resort with 5 stars service

    From traditional Javanese dishes to fresh seafood and gourmet creations, every meal is an experience.

  • RBA Poised for May Rate Cut Amid Cooling Inflation and Global Uncertainties

    This anticipated move comes as inflation moderates and global economic uncertainties persist. A Reuters poll conducted between May 12 and 15 indicates that the majority of economists foresee this The Commonwealth Bank of Australia's chief economist, Gareth Aird, supports this outlook, suggesting Global Economic Uncertainties: Ongoing concerns over international trade tensions and economic growth will be closely watched by homeowners and investors alike, as it will influence borrowing costs and economic

  • Why UK Fish and Chip Shops Are Struggling to Survive

    For generations, the UK Fish and Chip  shop has been more than just a place to eat—it’s been a cultural staple, a taste of comfort, and a symbol of community. But today, this long-standing tradition is in jeopardy. According to industry reports, nearly half of Britain’s fish and chip shops are at risk of closure in the coming years. The reasons are layered Rising energy costs have eaten into profits, with some small shops seeing bills increase by more than double since 2022. On top of that, the price of imported white fish, especially cod and haddock, has surged due to supply chain disruptions and geopolitical tensions. Even cooking oil, another essential, has faced price volatility linked to global shortages. Beyond costs, consumer behavior has shifted. Health-conscious eating trends and increased competition from fast-casual and delivery dining options have also contributed to declining sales. Industry leaders warn that without government intervention or relief on energy and import tariffs, the UK could lose a huge portion of its fish and chip heritage. Communities would not only lose local businesses but also part of their cultural fabric. For now, many shop owners are innovating—introducing new menu items, adopting sustainable fish sourcing, and using digital tools to attract younger customers. Whether these efforts will be enough to save Britain’s most iconic meal remains to be seen. #UKFishAndChip _ Daily Growth Insights

  • Bali is Expensive: Rising Costs, Low Wages, and the Impact on Locals and Tourism

    Bali, long known as a tropical paradise for travelers, is now facing a growing economic dilemma: the While luxury resorts and cafes keep booming, the minimum salary in Bali remains very low , creating a Critics argue that this rising cost of living is not a natural occurrence but a result of economic mismanagement travelers are watching closely to see whether Bali can strike a balance between tourism growth and economic

  • Indonesia–Malaysia Semiconductor Collaboration Explores Next-Generation Chip Technology

    collaboration discussions highlight a shared recognition of semiconductors as a critical foundation for digital economies A stronger Indonesia–Malaysia semiconductor collaboration could bring significant economic benefits , including higher-value manufacturing, skilled job creation, and increased foreign investment. important contributors to Asia’s technology landscape, reinforcing ASEAN’s role in the global digital economy

  • Ringgit Dollar Trend: Malaysian Ringgit Ends Trade Higher as US Dollar Falters on Fed Independence Fears

    Economists point to worries about the Fed’s independence as a key driver in the recent currency move independence weakened the dollar and supported the ringgit, traders and policymakers will continue watching economic

  • Fanatics Expansion Signals Growth as Company Recruits Senior Finance Leader in New York

    Signals for the Sports Collectibles Industry Fanatics’ expansion reflects broader trends in the sports economy scenes, the company operates like a global financial enterprise—managing risk, data, and long-term value creation

  • Big IPO Boom Ahead: Why 2026 Could Be a Breakout Year for Billion-Dollar Listings

    conditions improved Deeper U.S. market liquidity , particularly on Nasdaq Together, these factors are creating Matter Billion-dollar IPOs are more than headline events—they reflect structural confidence in the economy offers access to: Earlier-stage growth stories Sector diversification opportunities Long-term value creation highlighted the importance of strong capital markets in supporting entrepreneurship, innovation, and economic development—making this IPO resurgence a potentially positive signal for the global economy.

  • Gold Prices Stay Firm as Investors Await Powell’s Stance

    Market Sensitivity to Powell’s Remarks , Traditionally, gold prices act as a hedge against inflation and economic Global Economic Context and Gold Prices, Beyond the U.S., global markets are watching closely. Rising costs in Europe, slower economic recovery in Asia, and geopolitical instability are all factors Looking Ahead: Economists agree that Powell’s speech could set the tone for gold prices in the short

  • Major Layoffs Hit Tech & Finance Giants Amid AI-Driven Realignments

    2025 has brought a sharp wave of layoffs across the tech and finance sectors. Industry titans—including Intel, Meta, Microsoft, Disney, and Morgan Stanley—are shedding thousands of jobs as they pivot to AI-centric operations and cut costs amid strategic transformations  . Key Layoff Highlights Intel is cutting more than 20% of its foundry workforce, signaling a major restructure in its chip manufacturing operations . Meta continues its performance-based layoffs amid efforts to reduce overhead and fund its AI and metaverse projects  . Microsoft plans a second significant wave in July 2025—adding to earlier cuts (around 6,000 jobs in May)—to streamline divisions and boost AI investments  . Disney is reducing staff across multiple divisions as it adapts to evolving entertainment industry dynamics and technological pivots . Morgan Stanley intends to eliminate about 2,000 roles—approximately 2–3% of its global headcount—to enhance operational efficiency and onboard AI-support tools; financial advisors remain largely unaffected  . 🚀 Why the Cuts? AI-Driven Transformation: Many job cuts are strategically enabling AI deployment—automating processes and reallocating resources to high-tech capabilities  . Cost Efficiencies: Firms are streamlining global operations and trimming underperforming segments to maintain competitiveness during macroeconomic uncertainty and tariff pressures  . Strategic Narrowing: Companies are increasingly focusing on core business areas—cloud, entertainment, financial tech—leading to divestment from peripheral units and job consolidation . 💼 Impacts & Outlook Workforce Restructuring: Employees are navigating layoffs while firms expand in AI and cloud divisions. Investor Confidence: Cost controls have lifted stock performance—even amid uncertainty—signaling market approval of strategic clarity. Industry Benchmarking: These layoffs set the tone for 2025—other firms may follow suit as AI, tech, and automation reshape traditional roles  . 🎥 Related Video: (Note: No eligible YouTube videos found. Consider adding a video about 2025 tech layoffs or AI workforce impact.) ✅ Takeaway: The ongoing layoffs reflect a dual-purpose trend: reins in cost overheads and drive future-readiness through AI adoption. For employees, this signals a shift toward upskilling and agility. For businesses, it’s a pivotal moment to balance innovation with social responsibility. Let me know if you’d like an HTML version, infographic, or LinkedIn-ready summary!

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