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World Bank reports slowdown in Bangladesh's growth with recovery expected in the medium term
By Globe Banner | Apr 23, 2025
DHAKA, April 23, 2025—The World Bank has released its latest Bangladesh Development Update, which paints a picture of economic slowdown for Bangladesh amid growing global economic uncertainties.
Macquarie and Phoenix back Westminster housing initiative with £235 million funding
By Globe Banner | Apr 23, 2025
Macquarie Asset Management has provided £235 million in long-term financing to Westminster City Council, facilitating the acquisition of over 350 temporary accommodation properties in central London.
World Bank urges strategy shift for Latin America amid economic challenges
By Globe Banner | Apr 23, 2025
Amid increasing global economic uncertainty, Latin America and the Caribbean are urged to revise their economic strategies, according to the advance chapter of the World Bank's Latin America and the Caribbean Economic Review (LACER).
FSB urges vigilance on financial vulnerabilities amid heightened market volatility
By Globe Banner | Apr 23, 2025
In a letter to G20 Finance Ministers and Central Bank Governors, Financial Stability Board (FSB) Chair Klaas Knot emphasized the necessity of enhanced vigilance regarding vulnerabilities within the financial sector.
Taipei Fubon boosts stake in LINE Bank amid growing digital finance focus
By Globe Banner | Apr 23, 2025
Taipei Fubon Bank has announced a strategic move to bolster its digital financial services by increasing its investment in LINE Bank.
Europe and Central Asia face slower growth amid global challenges, says World Bank report
By Globe Banner | Apr 23, 2025
Economic growth in the Europe and Central Asia region is anticipated to decline, according to the World Bank's latest Economic Update released today.
World Bank report highlights the need for reforms to sustain Pakistan's economic stabilization
By Globe Banner | Apr 23, 2025
Pakistan's economic forecast shows modest growth with real GDP expected to rise by 2.7 percent for the current fiscal year ending June 2025, a slight improvement from last year's 2.5 percent.
World Bank predicts moderate economic growth for MENA region in 2025 amid uncertainties
By Globe Banner | Apr 23, 2025
According to a recent report by the World Bank, economic growth in the Middle East and North Africa is projected to accelerate modestly, reaching a growth rate of 2.6 percent in 2025, up from 1.9 percent in 2024.
Central Bank of Liberia partners with World Bank's RAMP for asset management
By Globe Banner | Apr 23, 2025
The World Bank has announced that the Central Bank of Liberia (CBL) has joined the Reserve Advisory & Management Partnership (RAMP), a global initiative aimed at enhancing public asset management in lower-income, fragile, or conflict-affected...
World Bank emphasizes policies for economic recovery and poverty reduction in Sri Lanka
By Globe Banner | Apr 23, 2025
Sri Lanka's economy has demonstrated robust recovery in 2024, achieving a growth rate of 5 percent, which surpasses the previously projected 4.4 percent, according to the World Bank.
Global Sovereign Debt Roundtable discusses restructuring and debt vulnerabilities
By Globe Banner | Apr 23, 2025
The Global Sovereign Debt Roundtable (GSDR) convened in Washington, D.C., focusing on enhancing debt restructuring processes and addressing debt vulnerabilities.
Standard Chartered and A&O Shearman release revised guide to payment regulations
By Globe Banner | Apr 22, 2025
Standard Chartered, in partnership with global law firm A&O Shearman, has released the third edition of the "Guide to Payment Regulations."
Efforts enhance digital connectivity and jobs in the Caribbean
By Globe Banner | Apr 22, 2025
The Caribbean region is witnessing significant advancements in digital infrastructure and employment opportunities through strategic efforts to foster the information and communications technology (ICT) sector.
Fubon announces return of online marathon supporting environmental sustainability
By Globe Banner | Apr 22, 2025
Fubon Financial Holdings has announced the return of Taiwan's largest marathon, 'The Fubon Run For Green Public Online Running,' in celebration of Earth Day.
ING's 2025 AGM confirms key appointments and approves 2024 accounts
By Globe Banner | Apr 22, 2025
The Annual General Meeting (AGM) of ING Groep N.V. took place today in Amsterdam.
Sun Life renews support for mental wellness program with $50,000 donation to NAMI
By Globe Banner | Apr 22, 2025
Sun Life U.S. announced the renewal of its support for the National Alliance on Mental Illness (NAMI) through a $50,000 donation to the Hearts + Minds (H+M) program.
ING continues €2 billion share buyback with €41 million purchase in April
By Globe Banner | Apr 22, 2025
ING reported the continued progress of its €2.0 billion share buyback programme initiated on October 31, 2024.
MSIM closes $400 million CLO deal, expanding loan portfolio
By Globe Banner | Apr 22, 2025
Morgan Stanley Investment Management (MSIM) has announced the closing of its latest financial transaction, Morgan Stanley Eaton Vance CLO 2025-21, Ltd.
World Bank Group expands private sector lab to boost job creation
By Globe Banner | Apr 21, 2025
The World Bank Group announced the launch of the next phase of its Private Sector Investment Lab.
Fubon Financial promotes green initiatives for Earth Day 2025
By Globe Banner | Apr 21, 2025
Fubon Financial Holdings has launched the "Green Hour" initiative in line with Earth Day 2025's theme, "Our Power, Our Planet."