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Education 13 Jul 2003 | 12:00 AM

World's best in Maths and Science

Students in Hong Kong, Japan and South Korea rank among the world's best in Mathematics and Science, according to a 43-country survey published by the Organisation for Economic Cooperation and Development (OECD) and the UN Educational, Scientific and Cultural Organisation (Unecso).

Business 09 Sep 2011 | 12:00 AM

Growth outlook gets worse

PARIS: The outlook for economic growth in developed countries has got much worse in the last three months, the Organisation for Economic Cooperation and Development (OECD) said, and it urged central banks to keep rates low and be ready to pursue other forms of easing.

Business 02 Jun 2016 | 12:00 AM

OECD blasts loose money policies

PARIS: The global economy is slipping into a self-fulfilling “low-growth trap” where ultra-loose monetary policy risks doing more harm than good, the Organisation for Economic Cooperation and Development (OECD) warned.

Business 28 Nov 2013 | 12:00 AM

Miti: OECD report objective

KUALA LUMPUR: The first Organisation for Economic Cooperation and Development Investment Policy Review of Malaysia is objective and allows Malaysia to identify shortcomings and policy improvements, said International Trade and Industry (Miti) Minister Datuk Seri Mustapa Mohamed.

Business 09 Nov 2010 | 12:00 AM

OECD: Leading economies set to diverge

PARIS: The world's leading economies are set to diverge as they recover from the global economic crisis, with the United States, Germany, Japan and Russia gaining pace while China, Britain, France and India slowing down, the Organisation for Economic Cooperation and Development (OECD) said yesterday.

Business 28 Nov 2012 | 12:00 AM

OECD cuts global forecasts, names EU greatest threat to world economy

PARIS: The Organisation for Economic Cooperation and Development (OECD) has slashed its global growth forecasts, warning that the debt crisis in the recession-hit eurozone is the greatest threat to the world economy.

Business 26 Apr 2012 | 12:00 AM

Study: Tax burden rising in OECD countries

PARIS: Most governments in developed countries have begun squeezing more revenue out of workers after easing up during the 2008-2009 economic crisis, according to the Organisation for Economic Cooperation and Development (OECD).

Business 14 Jun 2012 | 12:00 AM

Slight pick-up in G-20 economic growth in Q1

PARIS: The G-20 group of wealthy and emerging economies saw a slight pick-up in economic growth in the first quarter of 2012 but Chinese growth slowed and the European Union (EU) was stagnant, the Organisation for Economic Cooperation and Development (OECD) said.

Nation 03 Jun 2018 | 12:00 AM

The value of unpaid housework

THE value of housework, more commonly called household production by economists, ranges from 19% of gross domestic product for South Korea, to a high of 53% of GDP for Portugal, 2011 figures from the Organisation for Economic Cooperation and Development (OECD) show.

Economy 18 Feb 2016 | 4:31 PM

OECD cuts 2016 growth forecast to 3.0%

PARIS: The Organisation for Economic Cooperation and Development (OECD) on Thursday cut its 2016 economic growth forecast to 3.0% from 3.3% owing to disappointing data, sluggish demand, weak investment and a high risk of financial instability.