Core Insights - The service sector in Sri Lanka experienced growth in October 2025, with the Purchasing Managers' Index (PMI) rising to 66.0 from 58.7 in September [1] Group 1: Economic Performance - The Central Bank reported that business activity accelerated due to strong performance in wholesale and retail trade [1] - Various service industries showed stronger momentum, with personal services and transportation-related activities contributing positively to overall expansion [1] Group 2: New Enterprises and Employment - The growth of new enterprises slowed down, decreasing from 65.2 in September to 61.5 in October, attributed to increased demand in wholesale and retail trade and improvements in financial services [1] - Employment growth also decelerated, dropping from 53.1 in September to 52.5 in October, as companies adjusted hiring to meet operational needs [1]

Economic Growth - Colombia's GDP grew by 3.6% year-on-year in Q3 2025, marking the highest growth rate since Q3 2022 [1] - The expansion was primarily driven by the public administration sector, which grew by 8%, contributing 1.3 percentage points to overall growth [1] Sector Contributions - The commercial, repair, transportation, storage, accommodation, and food service sectors experienced a growth rate of 5.6%, contributing 1.2 percentage points to GDP growth [1] - Notably, wholesale and retail trade surged by 8.6%, with strong performances in electronics sales, food services, and vehicle imports, particularly hybrid electric vehicles [1] Public Spending Impact - Economic growth was largely fueled by increased public spending, with consumption growing at over 4% [1] - The rise in social security expenditures also contributed to the growth, as the government continued efforts to settle outstanding medical system debts [1] Declining Sectors - The mining sector contracted by 5.7%, and the construction sector declined by 1.5%, marking the only shrinking industries in the quarter [1] - Metal mining saw a significant drop of 18.2%, while oil and gas extraction fell by 3.7%, and coal mining decreased by 5.6% [1]

每经AI快讯，步步高（SZ 002251，收盘价：5.66元）11月19日晚间发布公告称，公司第七届第八次董 事会会议于2025年11月18日以现场与通讯表决方式召开。会议审议了《关于修订 <公司章程> 及其附件 的议案》等文件。 2025年1至6月份，步步高的营业收入构成为：批发和零售贸易占比72.42%，其他业务占比27.58%。 截至发稿，步步高市值为152亿元。 每经头条（nbdtoutiao）——爱泼斯坦案文件解密倒计时，美国会"秒过"法案直通特朗普，引爆两党"极 限撕扯" （记者 贾运可） ...

Economic Overview - Singapore's economy grew by 2.9% year-on-year in Q3 2025, a decrease from the revised 4.4% growth in Q2, but still above market expectations of 2% [1] - The quarterly seasonally adjusted growth was 1.3%, slightly lower than Q2's 1.5%, indicating a continued recovery trend [1] Sector Performance - Manufacturing sector growth was nearly stagnant in Q3, significantly down from 5.5% in Q2, primarily due to declines in biomedical manufacturing and general manufacturing output [1] - However, the manufacturing sector showed a positive change with a 6.1% quarter-on-quarter growth in Q3, indicating adaptation to market changes [1] Construction Industry - The construction industry experienced a 3.1% year-on-year growth in Q3, a significant slowdown compared to Q2 [2] - Despite growth from public and private sector construction, the industry faced short-term pressure with a 1.2% quarter-on-quarter contraction in Q3 [2] Services Sector - The services sector showed mixed performance, with wholesale and retail trade, and transportation and warehousing growing by 2.5% year-on-year, down from 4.9% in Q2 [2] - Core service sectors such as information and communication, finance and insurance, and professional services maintained robust growth at 4.4%, consistent with Q2's performance [2] Other Services - Other service sectors, including accommodation and food services, real estate, and administrative support, grew by 4.1% year-on-year, stable compared to Q2 [3] - The recovery of international tourist numbers significantly boosted the accommodation sector, supported by stable domestic consumption [3] Economic Outlook - Despite the resilience shown in Q3, global economic uncertainties remain a significant risk factor [3] - The Monetary Authority of Singapore decided to maintain the nominal effective exchange rate policy to balance potential inflation risks with economic growth uncertainties [3] - Long-term economic growth in Singapore will continue to be influenced by global economic conditions, trade tensions, and policy adjustments in major economies [3]

Economic Growth - Kyrgyzstan's GDP for January to August is estimated at 1.0421 trillion som (approximately 11.9 billion USD), reflecting a year-on-year growth of 11% [1] - The service sector accounts for 50.8% of the economy, while goods production industries represent 33.4%, and product taxes make up 15.8% [1] Sector Performance - Industrial output increased by 11.5% year-on-year, with mining growing by 15.5% and manufacturing by 10.8% [1] - The construction sector showed significant growth with a 34.8% increase in output [1] - Wholesale and retail trade grew by 11.6%, while the hotel and restaurant services sector saw a 25.4% increase [1] - Agricultural, forestry, and fishing sectors grew by 2.4%, and freight volume increased by 9.8% [1] - The telecommunications services sector experienced a growth of 6.6% compared to the same period last year [1] Consumer Prices and Trade - The consumer price index in Kyrgyzstan rose by 5.1% from December of the previous year [1] - The foreign trade volume from January to July was 8.6644 billion USD, showing a year-on-year decline of 6.4% [1] - Exports amounted to 1.4931 billion USD, down 13.3% year-on-year, while imports totaled 7.1713 billion USD, a decrease of 4.8% [1]

Group 1 - The company Bubu Gao announced that 16.4 million restricted shares will be unlocked and listed for trading on September 15, 2025, accounting for 0.61% of the total share capital [1] - For the first half of 2025, Bubu Gao's revenue composition is as follows: wholesale and retail trade accounts for 72.42%, while other businesses account for 27.58% [1] - As of the report date, Bubu Gao's market capitalization is 19.1 billion yuan [1]

Core Insights - The research indicates that the adoption of generative AI has a differential impact on employees based on their qualifications, significantly affecting junior employees while having a lesser impact on senior employees [1][3][23] - The study highlights a trend where the number of junior employees is declining in companies that have adopted AI, particularly since the first quarter of 2023, while the number of senior employees continues to rise [5][10][19] Employment Trends - Approximately 10,600 companies, or about 3.7%, have adopted AI, with a sharp increase in this trend starting from the first quarter of 2023 [5][22] - The employment of junior employees in AI-adopting companies has decreased by approximately 7.7% since the first quarter of 2023, while senior employee numbers have maintained a growth trend [10][12][19] - The decline in junior employee numbers is primarily due to a slowdown in hiring rather than an increase in turnover, with the wholesale and retail sectors being the most affected [6][15][16] Educational Impact - The study reveals a U-shaped trend in the impact of AI on graduates from different educational backgrounds, with those from mid-tier universities experiencing the most significant job declines, while graduates from top-tier and lower-tier institutions are less affected [20][22] - The findings suggest that the demand for entry-level positions is being reshaped, with the most significant impacts felt by those in the middle tier of educational attainment [22][23] Implications for Workforce Dynamics - The research suggests that the rise of generative AI is leading to a contraction of entry-level job opportunities, which could exacerbate income inequality and affect the salary premium associated with college degrees [22][23] - Companies may increasingly rely on experienced employees and accelerate the promotion of existing staff, indicating a shift in talent strategies [23]

Core Insights - Dubai's GDP grew by 4% year-on-year in Q1 2025, reaching 119.7 billion dirhams (approximately 32.79 billion USD), indicating the resilience and vitality of the economy [1] Economic Performance by Sector - The healthcare and social work sector experienced the fastest growth at 26%, contributing 1.5% to GDP [1] - The real estate sector followed with a growth rate of 7.8%, accounting for 7.5% of GDP [1] - Wholesale and retail trade remains the largest single contributor to Dubai's economy, with a GDP share of 23% and a year-on-year growth of 4.5% [1] - The financial and insurance sector contributed 13.4% to GDP, growing by 5.9% [1] - The transportation and warehousing sector accounted for 13% of GDP, with a growth of 2% [1] - The manufacturing sector represented 7.3% of GDP, growing by 3.3% [1] - The information and telecommunications sector contributed 4.4% to GDP, with a growth rate of 3.2% [1] - The accommodation and food services sector accounted for 4.1% of GDP, growing by 3.4% [1] - Other activities made up 26% of GDP, with a year-on-year growth of 1.9% [1]

Economic Performance - In the first quarter of 2025, Dubai's GDP reached 119.7 billion dirhams, reflecting a year-on-year growth of 4% [2] - The growth demonstrates the resilience and vitality of Dubai's economy [2] Sector Contributions - The real estate sector experienced a significant growth of 7.8% [2] - The financial and insurance sector grew by 5.9% [2] - The wholesale and retail trade sector saw an increase of 4.5% [2] - The information and telecommunications sector grew by 3.2% [2] - The accommodation and food services sector increased by 3.4% [2] - The manufacturing sector grew by 3.3% [2] - The transportation and warehousing sector experienced a growth of 2% [2]

Core Insights - Kyrgyzstan's GDP for January to July is estimated at 865.2 billion som (approximately 9.9 billion USD), reflecting a year-on-year growth of 11.5% [1] Economic Structure - The service sector constitutes 51.1% of the economy, while goods production accounts for 32.8%, and product taxes make up 16.1% [1] Sector Performance - Industrial output increased by 11.3%, with mining growing by 14.6% and manufacturing by 11% [1] - The construction sector showed significant growth with a 37.8% increase in output [1] - Wholesale and retail trade grew by 13.2%, while the hotel and restaurant sector saw a 27.8% increase [1] - Agricultural, forestry, and fishing sectors experienced a modest growth of 2.3% [1] - Freight volume increased by 11.6%, and communication services grew by 6.3% compared to the same period last year [1] Inflation and Trade - Consumer prices and tax rates rose by 4.7% from December of the previous year [1] - External trade for January to June totaled 6.9987 billion USD, a decrease of 12.4% year-on-year, with exports down by 26.3% to 1.0488 billion USD and imports down by 9.4% to 5.9501 billion USD [1]