Latest news with #KPIs
Daily Mail
5 hours ago
- Business
- Daily Mail
How Labour is doing compared to its own economic targets - and why it must deliver growth
Charles White-Thomson is a senior fellow at the Adam Smith Institute and the former CEO of an online trading company. He explains how he has set up a system to measure the government against its own targets - and how it is doing. After last year's election, I argued Britain needs to start thinking like a business if it wants to get back on track. I supported the Prime Minister and Chancellor's commitment to put growth at the top of their priority list with measurable objectives and hard deadlines. Their support for clear targets made a good deal of sense. Most people instinctively understand the difference between a vague ambition and a time bound target pinned to someone's name. Ministers call it 'mission-led government.' Every pledge would be tracked, measured and judged in public. The private sector has a name for this form of analysis - the Key Performance Indicator. As a former CEO of an online trading company, this is something I'm more than familiar with. The KPI system, which ranks performance from red to green, is a good way to enhance focus and accountability. The traffic light system triggers debate, because there's so little room to hide - the 'devil really is in the detail.' Sadly, one year into their time in office, the government seems to have abandoned its commitment to this kind of transparency. And, a year later, reality looks rather different. Whilst many targets have been set - and some are genuinely ambitious, there are still too many five-year goals, too many get-outs, and too little accountability. Worse still, the much-touted Mission Boards, which were supposed to scrutinise delivery, have vanished into the ether. It says something about modern politics that even in the digital age, when almost any metric can be tracked in real time, the electorate still has to surf multiple websites to see if the promises made to them are being kept. Our 16 KPIs that track what's happening In a business, this wouldn't be tolerated. You don't get to shirk responsibility. You don't get to shrug and blame the economic weather when your targets flash red. You certainly don't get to hide the numbers. That's why, in the absence of an official scoreboard, the Adam Smith Institute and I have compiled our own. We've rolled up our sleeves and collected 16 of the government's key performance indicators from manifestos, speeches and policy documents. When the targets were set over five years, we've prorated them to see where they should stand after 12 months. Where relevant, we have started our analysis on day 1 of their government. And, to make things nice and simple, we did what any good board would do, colour-coded them. Green for success. Amber if they were close (or faced genuine mitigating factors). Red for failure. I should stress that this type of analysis is unemotional, focusing on the performance of the previous 12 months. This analysis of performance versus KPIs does not seek to justify or commend the decisions of this government - simply to hold them to account. How is Labour really doing? Of the 16 KPIs, 6 are green and 7 are red, with the rest being mixed or lacking adequate data. Worryingly the reds include many of the main economic drivers, which you can see above. Monthly growth has averaged just 0.09 per cent since July 2024, well below the rate needed to achieve the goal of 2.5 per cent annual growth by 2029. What's more, inflation, which the government pledged to stabilise at 2%, has also risen, with last month's inflation reaching 3.4 per cent. Of course, sluggish growth is hardly surprising when you factor in the government's decision to raise National insurance contributions and scrap the non-dom regime. Looking at the rest of the KPI portfolio, there are a few bright spots - particularly relating to spending. The government, to its credit, is on track to meet its proposals on delivering new NHS appointments, hiring more mental health staff and is likely to increase defence spending to 2.5 per cent of GDP. But, this raises wider questions about the government's overall strategy. What does this mean for our public finances when the government is meeting its spending commitments but not growing the economy as planned? Labour should think like a business In the end, the government's performance against these KPIs has been disappointing. Regardless of what one might think of their mission, they're far from making it a reality. And, they're struggling to deliver where it matters most - economic growth. Ministers now need to focus - really focus - on these KPIs. The PM, like any good CEO will need to hold his Ministers to account. Ministers who persistently fail to meet their targets will need to be replaced. When the KPI flashes red, they won't be able to hide behind the spin. The next twelve months will define this government's legacy. Delivering on these commitments won't just look good on a spreadsheet. It could also help restore public confidence and show that, after years of drift, there is finally a plan that works.
Al Etihad
2 days ago
- Business
- Al Etihad
Abu Dhabi hospitality soars as UAE bucks trend with strong Q1 growth
27 July 2025 23:14 MAYS IBRAHIM (ABU DHABI)The UAE's hospitality market kicked off 2025 with strong growth across key performance indicators (KPIs), defying traditional seasonal patterns, according to JLL's UAE Hospitality Market Dynamics for Q1 2025. Abu Dhabi led the upswing, posting exceptional gains despite the Ramadan season being a traditionally slow UAE capital recorded a substantial 28.1% year-on-year increase in Average Daily Rate (ADR) for the year to date through March upward trend in rates propelled a 26.7% increase in Revenue Per Available Room (RevPAR), even as occupancy slightly decreased by 1.0 percentage point during the same on this momentum, JLL anticipates a potential surge in new project launches across the emirate.'The substantial increase in KPIs has enhanced the emirate's commercial appeal to a broader spectrum of developers,' the report stated. 'These improved rates now justify and support new hotel developments, effectively transforming Abu Dhabi into a more attractive market for hospitality investments.'Hotel stock in Abu Dhabi remained stable at 33,100 keys in Q1, with no new completions. However, around 600 new keys are set to be delivered by year-end, and a total of 1,500 keys are expected to be added over the next three travel is expected to be a key revenue driver for the hospitality sector, with luxury operators likely to command an advantage over others through high-end food and beverage offerings. Other properties will continue to lean on their banqueting facilities and in-house guest spending to maintain profitability. Dubai also recorded solid gains in the opening quarter of 2025. The emirate welcomed 5.31 million overnight visitors, marking a 2.5% increase from the same period last year. ADR improved by 2.2%, while the average occupancy rate increased by 1.3 percentage points, pushing RevPAR up by 3.6%. Dubai's hospitality stock expanded to approximately 158,000 keys, with the delivery of approximately 1,800 keys in the first quarter. A further 4,700 keys, comprising of four- and five-star properties, are expected by the end of the year and an additional 4,600 keys are slated for delivery in the following two years.
Business Recorder
4 days ago
- Business
- Business Recorder
Civil service: body formed to propose reforms
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday ordered a comprehensive review of the country's sluggish civil service, setting a one-month deadline for a high-level committee to propose reforms aimed at modernising a bureaucracy widely seen as a drag on governance and development. In a high-level meeting, he announced the formation of a civil service reform committee headed by Planning and Development Minister Ahsan Iqbal, an MIT-trained technocrat, tasked with overhauling a decades-old bureaucracy long criticised for inefficiency, excessive red tape, and outdated practices. The prime minister called for a complete overhaul of recruitment, promotion, and performance evaluation systems, along with integrating modern technology to streamline and strengthen the country's ageing administrative machinery. 'We need a sustainable system that keeps pace with today's demands,' Sharif said, adding that good governance and easing the burden on ordinary citizens must be at the heart of any reform. The directive comes amid growing calls for a leaner, more efficient bureaucracy as the country faces mounting economic and governance challenges. The committee has been instructed to consult all relevant stakeholders and submit its report within a month. The planned reforms include recommendations for merit-based hiring, implementation of performance-based key performance indicators (KPIs), reform of the Annual Confidential Report (ACR) system, and enhancement of officer training through new technologies. A statement issued by the Prime Minister's Office said that the committee will also study civil service models in neighbouring countries to benchmark Pakistan's system. 'Reforms that make the bureaucracy people-friendly and efficient are a top priority for this government,' Sharif emphasised. The prime minister's message was clear: the civil service must evolve quickly. Observers note that previous committees have often produced limited results, but the government has set a tight deadline for concrete proposals. The move, framed as a push to 'bring the civil service into the 21st century,' reflects mounting frustration within Sharif's administration over what officials describe as chronic inefficiency, red tape, and institutional inertia. The civil service, a colonial-era holdover, is often criticised for rigid hierarchies and lack of performance-based accountability. The meeting was attended by federal ministers Azam Nazeer Tarar, Ahad Cheema, Awais Leghari, Ali Pervaiz Malik, as well as advisers, Rana Sanaullah and Dr Jehanzeb Khan, secretary of the apex committee at the Special Investment Facilitation Council (SIFC). Copyright Business Recorder, 2025
Yahoo
6 days ago
- Business
- Yahoo
Cross-Border Logistics Enhances Expansion Platforms, Circular Policies and Sustainable Practices Shape the Market Dynamics
The recommerce market in Asia Pacific is set for notable growth, reaching USD 77.5 billion by 2025, with a robust CAGR of 11.6%. The market's expansion, featuring key segments like electronics and fashion, is driven by digital adoption and sustainable practices. Get insights on market dynamics and opportunities with our 13-region report. Asian Pacific Recommerce Market Dublin, July 16, 2025 (GLOBE NEWSWIRE) -- The "Asia Pacific Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment - Q2 2025 Update" report has been added to recommerce market in Asia Pacific is expected to grow by 11.6% on annual basis to reach US$77.5 billion in 2025. The recommerce market in the region experienced robust growth during 2020-2024, achieving a CAGR of 14.1%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 9.9% during 2025-2029. By the end of 2029, the recommerce market is projected to expand from its 2024 value of USD 69.4 billion to approximately USD 112.8 billion. This regional report provides a detailed data-centric analysis of the recommerce market Asia Pacific, covering market opportunities and risks across consumer segments (peer-to-peer and business-led resale); product categories; sales channels; and resale formats. With over 60+ KPIs at the regional and country level, this report provides a comprehensive understanding of recommerce market recommerce landscape is regionally diverse yet united by rapid digital adoption, rising environmental regulation, and formalization of resale in consumer electronics and fashion. While dynamics vary between mature markets like Japan and emerging ones like Vietnam, common trends are visible across East, Southeast, and South recommerce market is shaped by a broad set of players - ranging from telcos and OEMs to resale platforms and logistics startups. While competition remains fragmented by country and product category, key players are aligning around infrastructure capabilities, vertical specialization, and regulatory compliance. Players that combine cross-border capabilities with local logistics, verification services, and circular compliance will define the next wave of recommerce in Asia. Competitive advantage will hinge not only on customer acquisition, but also on operational control of resale ecosystems.A bundled offering provides detailed 13 reports (559 tables and 754 charts), covering regional insights along with data centric analysis at regional and country level: Asia Pacific Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Australia Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment India Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Japan Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Malaysia Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Indonesia Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment China Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment South Korea Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Philippines Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Singapore Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Taiwan Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Thailand Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Vietnam Recommerce Market Intelligence Databook - 60+ KPIs, Market Size, Share & Forecast by Channel, Category & Consumer Segment Electronics Recommerce Is Expanding Through OEM and Telco-Led Models Across Markets Across Asia, electronics recommerce is growing through structured trade-in programs by brands and telecom operators. Samsung and Apple operate resale channels in multiple countries, often with local partners (e.g., SK Telecom in South Korea, Cashify in India, Trademore in Vietnam). High device replacement cycles, rising affordability concerns, and government-backed e-waste policies are pushing adoption. OEMs seek lifecycle control while telcos drive bundled device upgrades. Refurbishment infrastructure will scale further in India, Vietnam, and Indonesia. Certification, device grading, and warranty-backed resale will become baseline consumer expectations. Apparel Recommerce Is Scaling Through Both P2P Platforms and Brand-Owned Initiatives Fashion resale is growing across Asia through peer-to-peer platforms like Japan's Mercari, India's Relove, and Indonesia's Tinkerlust. Brands are also piloting take-back programs in urban centers. Youth-led sustainability awareness, affordability drivers, and fashion-forward consumer cultures are increasing acceptance. Brands see resale as a means to extend product lifecycle and engage Gen Z. Markets like Japan and South Korea will deepen verticalization (e.g., luxury, sneakers, kidswear), while Southeast Asia will see broader adoption via fashion e-commerce integration. Circular Policies Are Enabling Market Entry and Structuring Recommerce Operations Policy frameworks - ranging from Japan's Home Appliance Recycling Law to India's 2022 E-Waste Rules and South Korea's Resource Circulation Act - are mandating take-back and reuse across sectors. Government targets for landfill reduction and carbon neutrality are enforcing Extended Producer Responsibility (EPR). These create legal grounds for recommerce models and encourage public-private pilots. More Asian governments are expected to formalize resale flows into national waste strategies. This will drive compliance-based resale partnerships among brands, logistics firms, and recyclers. Cross-Border Logistics and Localization Are Powering Platform Expansion in Recommerce Regional platforms such as Carousell (Singapore), Mercari (Japan), and OLX (India, Indonesia) are adapting recommerce features - grading, delivery, seller ratings - for local use cases. Some platforms are also exploring cross-border resale logistics for verified goods. Asia's mobile-first consumers, fragmented logistics environments, and increasing digital trust are shaping demand for structured resale. Cross-border flows are supported by high urban connectivity and low-cost fulfillment. Expect platform consolidation and API-level logistics integrations. Intra-Asia resale flows - especially for high-value electronics and luxury fashion - will see pilot programs across Japan, Singapore, and Hong Kong. Informal and Livestream Recommerce Is Formalizing via Platform Governance Informal resale, long dominant in Asia (via Facebook Groups, local classifieds), is being structured through livestream commerce, resale verification, and platform curation. Platforms like Douyin (China), LazLive (Southeast Asia), and Karrot (South Korea) are pushing livestream selling into secondhand categories. Consumer trust mechanisms - escrow, reviews, verification - are gaining importance. Livestream recommerce will diversify into more product categories, and platform regulations will intensify, particularly in China, Indonesia, and Vietnam. Platforms will invest in moderator teams, AI tools, and seller training. Competitive Landscape in Asia Is Segmenting by Vertical but Integrating Through Infrastructure and Policy Growth will depend on resale infrastructure, particularly device testing labs, fashion grading centers, and warehousing. Partnerships between OEMs, retailers, and logistics players will define success in both urban and rural markets. Regulatory enforcement of EPR laws will standardize resale practices and offer competitive advantages to compliant players. Electronics Recommerce Is Driven by Refurbishment Specialists, OEM-Telco Programs, and Cross-Market Platforms India's Cashify has scaled across more than 1,500 cities, integrating device diagnostics, doorstep collection, and resale with warranty. It partners with brands like Xiaomi and Amazon for buy-back operations. In Vietnam, platforms like ReNew and Trademore are building refurbishment labs to support telco and OEM take-back programs under new e-waste guidelines. Samsung runs structured trade-in programs in Japan, South Korea, and Indonesia, often bundled with SK Telecom and Telkomsel upgrades. Apple's trade-in channel has gone live in Japan, Singapore, and India via certified partners offering credit toward new purchases. Fashion Recommerce Is Structured Around P2P Dominance and Vertical Specialist Platforms Mercari dominates the Japanese market, accounting for over 94% of fashion resale transactions in 2023 (per Nikkei). It integrates shipping, payment, and fraud detection. KREAM, a South Korean platform backed by Naver, has grown rapidly in sneakers and streetwear, leveraging product verification and price tracking. In Indonesia, Tinkerlust targets women's fashion resale with seller onboarding, quality control, and branded partnerships. India's Relove works with over 100 fashion brands, embedding resale options directly on brand websites through a white-label model. Emerging Segments: Furniture, Appliances, and Baby Products In Singapore, Hauhauz and secondhand retailers are exploring resale of refurbished home furniture, supported by government-backed sustainability grants. KidsLoop (Korea) are entering niche segments like toys and kidswear, where resale frequency is high due to lifecycle limits. Appliance buy-back programs are being piloted by LG and Panasonic in Japan and Malaysia under EPR compliance trials. Strategic Moves and Ecosystem Integration Are Defining Competitive Scale Carousell has expanded through acquisition (e.g., OLX Philippines, Malaysia), and now operates across 8+ countries with integrated logistics and payments. Flipkart and Amazon India have both launched internal resale channels embedded within returns and refurbished product categories. Cross-border resale is being tested through Singapore-Hong Kong partnerships and Japan-Southeast Asia trade corridors, especially for authenticated fashion. Key Attributes: Report Attribute Details No. of Pages 1079 Forecast Period 2025 - 2029 Estimated Market Value (USD) in 2025 $77.5 Billion Forecasted Market Value (USD) by 2029 $112.8 Billion Compound Annual Growth Rate 9.9% Regions Covered Asia Pacific For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Asian Pacific Recommerce Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Digital Silk Publishes Guide on Key Performance Indicators for Digital Marketing Success in 2025
Miami, Florida--(Newsfile Corp. - July 22, 2025) - Digital Silk, an award-winning agency focused on creating brand strategies, custom websites, and digital marketing campaigns, has published a new guide to help businesses define and track digital marketing KPIs (key performance indicators) that align with their goals in 2025. The report outlines how businesses can potentially use KPI frameworks to measure performance across platforms and improve long-term digital outcomes. Digital Silk Publishes Guide on Key Performance Indicators for Digital Marketing Success in 2025To view an enhanced version of this graphic, please visit: The Role of KPIs in a Shifting Marketing Landscape As marketing teams adjust to new privacy laws, AI-generated content, and shifting algorithms, clear performance metrics are becoming more important. Digital Silk's guide explores how KPIs may help businesses move beyond vanity metrics and focus on measurable results tied to ROI, visibility, and user engagement. The article outlines KPI categories such as SEO traffic, cost-per-click (CPC), return on ad spend (ROAS), customer lifetime value (CLV), and organic conversion rates-each potentially offering insight into digital strategy performance. According to a 2024 Statista report, 54% of U.S. marketers cite data and analytics as a primary focus in their digital strategies, reinforcing the need for structured performance tracking frameworks (source). "KPIs can potentially offer brands a benchmark to measure what's working and where to shift their strategies," said Gabriel Shaoolian, CEO of Digital Silk. "This guide offers a structured way to assess digital marketing outcomes beyond impressions or likes." Highlights from the Guide Overview of performance-focused KPIs by marketing channel Recommendations on pairing KPIs with business goals Tips on avoiding vanity metrics and aligning reports with decision-making Explanation of platform-specific KPIs for SEO, PPC, social media, and email campaigns Why This Resource Matters for U.S. Brands in 2025 With marketing spend under increased scrutiny and budgets shifting toward measurable results, this guide aims to provide businesses with a starting point to refine their tracking practices. It is now available on the Digital Silk blog. Read the full article here: About Digital SilkDigital Silk is an award-winning Miami Digital Marketing Agency focused on growing brands online. With a team of seasoned experts, we create digital experiences through strategic branding, custom web design, and digital marketing services to help improve visibility and support engagement. Media ContactJessica ErasmusMarketing Director & PR ManagerTel: (800) 206-9413Email: jessica@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
