News from 2024
Yuanta FHC achieves top rank in diversified financials for sustainability
By Globe Banner | Dec 16, 2024
The Dow Jones Sustainability Indices (DJSI), recognized globally for their credibility, were announced on December 16, Taipei time.
World Bank report emphasizes role of trust funds in global development
By Globe Banner | Dec 16, 2024
The 2024 Trust Funds Annual Report highlights the role of trust funds and financial intermediary funds (FIFs) in addressing global development challenges.
International Development Association secures record $100B funding for poorest nations
By Globe Banner | Dec 16, 2024
The International Development Association (IDA) has announced a historic $100 billion funding round to support the world's poorest countries.
IMF completes fourth review under Stand-By Arrangement with Armenia
By Globe Banner | Dec 16, 2024
The International Monetary Fund (IMF) Executive Board has completed the fourth review under the Stand-By Arrangement (SBA) with Armenia.
U.S. leads global productivity growth amid innovation and AI advancements
By Globe Banner | Dec 14, 2024
In recent years, the United States has experienced a notable increase in labor productivity, outpacing other major advanced economies.
US supports Syrian transition after Assad flees
By Globe Banner | Dec 14, 2024
Secretary of State Antony Blinken held a press availability in Aqaba, Jordan, discussing the recent developments in Syria following Bashar al-Assad's departure.
World Bank suggests reforms for sustainable economic growth in Cambodia
By Globe Banner | Dec 13, 2024
Economic activity in Cambodia remained stable throughout 2024, with a notable revival in exports driven by external demand.
Korea partners with World Bank to establish Digital Knowledge Center
By Globe Banner | Dec 13, 2024
The Republic of Korea's journey from a low-income to a high-income nation serves as an example of how digital innovation can drive economic growth.
Gap Fund supports green home design in Indonesia amid dual challenges
By Globe Banner | Dec 13, 2024
Indonesia is grappling with a housing crisis and rising urban emissions as its urban population is projected to reach 67% by 2035.
World Bank approves funding for Nigerian rural road improvement project
By Globe Banner | Dec 13, 2024
The World Bank has approved $500 million in concessional financing for the Rural Access Agricultural Marketing Project-Scale Up (RAAMP-SU) in Nigeria.
World Bank addresses rising food costs impacting child nutrition in Laos
By Globe Banner | Dec 13, 2024
High food prices in Laos are exacerbating child malnutrition, according to two policy notes released by the World Bank.
Global merchandise trade shows steady growth amid challenges
By Globe Banner | Dec 13, 2024
Merchandise trade experienced growth in the third quarter of 2024, with a year-on-year increase of 4.3% in current US dollar terms.
WTO concludes advanced course on trade and environment in Geneva
By Globe Banner | Dec 13, 2024
The World Trade Organization (WTO) recently concluded an advanced course on trade and environment in Geneva.
IMF reviews credit facilities supporting Tanzanian economic reforms
By Globe Banner | Dec 13, 2024
The International Monetary Fund (IMF) Executive Board has concluded the fourth review of Tanzania's Extended Credit Facility (ECF) arrangement and the first review under the Resilience and Sustainability Facility (RSF).
Trilateral symposium focuses on boosting capacities against non-communicable diseases
By Globe Banner | Dec 13, 2024
The 11th Trilateral Technical Symposium, organized by the World Health Organization (WHO), the World Intellectual Property Organization (WIPO), and the World Trade Organization (WTO), focused on enhancing manufacturing capacities to address...
Barclays relocates Mumbai offices to Raheja Altimus for strategic growth
By Globe Banner | Dec 13, 2024
Barclays Bank PLC has announced the relocation of its Corporate and Investment Banking businesses in Mumbai to Raheja Altimus at Worli.
World Bank approves $80M funding for Sierra Leone's economic stability
By Globe Banner | Dec 13, 2024
The World Bank has approved an $80 million financing package to assist Sierra Leone in restoring macro-fiscal stability and enhancing economic resilience.
Societe Generale completes first repo transaction on blockchain with Banque de France
By Globe Banner | Dec 13, 2024
Societe Generale has announced the successful completion of a market transaction using blockchain technology.
World Bank highlights food inflation's impact on child malnutrition in Laos
By Globe Banner | Dec 13, 2024
Two World Bank policy notes have been released examining the impact of economic challenges on food prices and child nutrition in the Lao People's Democratic Republic (Lao PDR).
WTO celebrates contributions of 2024 young professionals cohort
By Globe Banner | Dec 13, 2024
The World Trade Organization (WTO) recently celebrated the contributions of its 2024 Young Professional Programme (YPP) cohort.