Economics

Victoria’s Moyne Council (Port Fairy) demands consultation on Bight oil drilling proposals 11 SA local governments now oppose Bight oil exploration, representing 540,000 residents Opposition has jumped since Kangaroo Island …

Norway is interested in developing cooperation with Ukraine in the field of energy efficiency. Norway’s Foreign Minister Ine Eriksen Søreide stated this at the Ukraine Reform Conference in Copenhagen today, an …

Mediterranean-inspired fast-casual chain Leon has opened its first restaurant in Norway today (4 June), as part of its larger global expansion plan. UMOE, a Norwegian restaurant operator with a number …

Imagine an airport you never want to leave. Architects are at work at making the wildest dreams of a captive audience of travelers into reality as part of an effort …

The Ministry of Finance has today decided to keep the countercyclical capital buffer requirement for banks unchanged, in line with the quarterly advice from Norges Bank. The buffer requirement currently …

When you’re in the city, getting a taxi from A to B may be necessary at times, but how much will it put you out of pocket? We’ve taken a …

A new Swedish fact-checking outlet is copying another project in Norway. They even have the same name. “Basically we’ve chosen the same name in Swedish, but with a T — …

As part of its National Transportation Plan for 2018-2029, the Norwegian government has announced approximately NOK 120 billion is allocated for the rail industry during the period 2018-2023 to cover …

The Ministry of Finance has adopted a new regulation on requirements for new residential mortgage loans. The new regulation replaces the current regulation, which is set to expire at the …

Norway boasts one of the world’s most transparent tax systems, and investments in its IT support infrastructure in recent years have helped to elevate a sense of impartial openness and …

The Government’s strategy for cooperation with the EU in the period 2018-2021 has two main messages. Firstly, our cooperation with the EU must help to realise the Government’s vision for …

Iceland Foods, the UK-based frozen food retailer, is set to enter the Norwegian market this year, according to Dagens Næringsliv. The retail group is reportedly planning to open its first …

Almost 14 million young people in Europe are not in employment, education or training. The new regional EEA and Norway Grants Fund for Youth Employment supports the most vulnerable among …

‘The Government is proposing to increase its allocation to technical cooperation on taxation through Norad’s Knowledge Bank by NOK 13 million. This is one step on the way to doubling …

The Government Pension Fund Global and the fiscal rule have since 2001 set out the plan for the phasing-in of petroleum income and investment returns to the Norwegian economy. The …

In order to ensure simultaneous access to potentially market sensitive information The Ministry of Finance here unveils selected key figures prior to the budget release, which takes place at 10:45. …

KONGSBERG has signed a cooperation agreement in Qatar for long-term technology development programs within defence, maritime industry and digitalization.   The first programme in relation to the cooperation will be …

The World Economic Forum (WEF) has published 2018 Inclusive Development Index with Norway leading the pack. Norway’s Gross Domestic Product (GDP) tells the story of an oil-rich nation that has …

She’s the Prime Minister of Norway, responsible for five million people and a GDP of over $400 billion. But even Erna Solberg has been “mansplained” to. It’s not a term …

Norwegian has signaled its intent to expand into Asia following the launch of its Singapore-London route at an event hosted by the airline in Singapore this week. The Scandinavian carrier …

The Director General of the Norwegian Gaming Authority assured the gambling monopoly system is the best way to tackle the industry. Norway.- Atle Hamar, Director General of the Norwegian Gaming …

On Monday, Uber stated that they are to suspend unlicensed service UberPOP in Oslo pending new regulations in Norway, as the U.S. ride-hailing company embraces a more appeasing demeanor with …

The UK Civil Aviation Authority (CAA) and the Civil Aviation Authority of Norway are set to lift a flight ban of the H225LP and AS332L2 Super Puma helicopters across the …

Norway’s NOK8.1trn (€855bn) oil fund should be managed separately from the country’s central bank now that it has grown so big, a government commission has proposed. The Ministry of Finance …

Norwegian electronic communications regulator Nkom said that Telenor Norway must reduce its wholesale prices for operators which to lease capacity on its mobile network. The aim is to improve the …