Latest News
Siemens and Koenig & Bauer partner to boost digital transformation in printing industry
By Globe Banner | Apr 23, 2025
Simatic AX software is now accessible to customers for programming and maintaining Siemens PLCs.
Bangladesh secures $850M from World Bank for port development and social protection
By Globe Banner | Apr 23, 2025
Bangladesh and the World Bank have entered into two financing agreements amounting to $850 million.
Afghan economy recovery hampered by fiscal and societal challenges, reports World Bank
By Globe Banner | Apr 23, 2025
Afghanistan's economy is showing signs of a gradual recovery, according to the World Bank's latest Afghanistan Development Update.
World Bank Group expands investment lab to boost job creation in developing countries
By Globe Banner | Apr 23, 2025
The World Bank Group has launched the next phase of its Private Sector Investment Lab, with a focus on job creation and expanding its membership to include industry leaders experienced in developing economies.
Chad adopts technology to improve agriculture and boost farmer productivity
By Globe Banner | Apr 23, 2025
The Climate Resilience and Agricultural Productivity Project (ProPAD) initiative in Chad has introduced a call center to help modernize the agricultural sector through technology.
Sub-Saharan Africa's economic growth continues amidst challenges and opportunities
By Globe Banner | Apr 23, 2025
Economic growth in Sub-Saharan Africa is showing signs of resilience despite global economic uncertainties and limited fiscal flexibility.
South Asia faces downgraded growth forecasts due to global economic uncertainties
By Globe Banner | Apr 23, 2025
The World Bank has reported a weakened growth outlook for South Asia amid global economic uncertainties, with predictions of growth dropping to 5.8 percent in 2025 and slightly recovering to 6.1 percent in 2026.
Maldives Development Update highlights economic outlook and challenges for 2025
By Globe Banner | Apr 23, 2025
The Maldives Development Update (MDU) has released its latest findings, offering a comprehensive analysis of the Maldives' economy based on recent developments and medium-term outlooks.
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."