Latest News


SLGI Asset Management to close certain mutual fund series

SLGI Asset Management Inc. has announced the closure of certain mutual fund series, referred to as the "Terminating Series."


World Bank proposes strategies for boosting South African economy

The World Bank has released a new report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions."


US condemns Thailand's forced return of Uyghurs to China

The United States has expressed strong condemnation of Thailand's decision to forcibly return at least 40 Uyghurs to China.


World Bank backs new $22M project to boost Suriname's disaster resilience

Suriname has embarked on a significant development initiative with the World Bank, marking an important milestone in their collaborative efforts.


IMF concludes Costa Rica's Article IV consultation highlighting economic growth

The International Monetary Fund (IMF) recently concluded its 2025 Article IV consultation with Costa Rica, conducted from February 18 to 28.


Central Bank Research Association seeks papers on climate-related financial risks

The Central Bank Research Association (CEBRA) has issued a call for papers for its 2025 Annual Meeting.


World Bank funds $156M project to improve Guyana's road infrastructure

The World Bank has approved a $156 million project aimed at improving Guyana's road infrastructure.


World Bank urges India to speed up reforms for high-income status by 2047

A World Bank report released today emphasizes the need for India to implement accelerated reforms to achieve high-income status by 2047.


World Bank proposes strategies for job creation in South Africa

A new report from the World Bank, titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions," outlines strategies to stimulate job creation and inclusive growth in South Africa.


Hafeet Rail secures $1.5B financing for UAE-Oman rail link

The Hafeet Rail network project, connecting the UAE with the Port of Sohar in Oman, has secured USD 1.5 billion in project finance debt.


U.S Bureau reports rise in January's disposable income amid decreased consumer spending

Personal income in the United States rose by $221.9 billion, or 0.9 percent at a monthly rate, in January 2025, according to the U.S. Bureau of Economic Analysis.


Protests over Tempi train disaster anniversary turn violent in Greece

Demonstrations marking the two-year anniversary of the Tempi train disaster in Greece have escalated, leading to violent clashes in Athens and Thessaloniki.


World Bank honors Georgian firms at annual transparency awards

The World Bank has recognized companies for their excellence in corporate reporting and transparency at the 6th "Best Annual Report and Transparency Award" (BARTA) ceremony held in Tbilisi.


IMF completes third review under extended fund facility arrangement with Sri Lanka

The International Monetary Fund (IMF) Executive Board has completed the third review under Sri Lanka's Extended Fund Facility (EFF) Arrangement.


World Bank approves new project supporting renewable energy in three Caribbean nations

The World Bank's Board of Executive Directors has approved a new project aimed at enhancing energy efficiency and promoting renewable energy in Grenada, Guyana, and Saint Lucia.


U.S. Embassy in Cuba launches campaign for political prisoners and extraordinary women

In the coming weeks, the U.S. Embassy in Cuba will initiate a campaign focused on raising awareness about Cuban political prisoners, specifically women who have been jailed for exercising their right to freedom of expression.


U.S. condemns Thailand's return of Uyghurs amid human rights concerns

The United States has expressed strong condemnation of Thailand's decision to forcibly return at least 40 Uyghurs to China.


Standard Chartered expands private banking team by 20% in UAE

Standard Chartered Global Private Bank has announced a 20% expansion of its frontline private banking team in the UAE.


North Macedonia accepts fisheries subsidies agreement amid global conservation efforts

North Macedonia has officially accepted the Agreement on Fisheries Subsidies, a significant step demonstrating its commitment to global trade and environmental sustainability.


NCUA prohibits former Altana Federal Credit Union employee from working in federally insured institutions

The National Credit Union Administration (NCUA) has issued a consent order in February 2025, permanently prohibiting an individual from participating in the affairs of any federally insured depository institution.