World Bank warns developing world ‘not out of danger’ as debt costs hit record
By Libby George LONDON, Dec 3 (Reuters) – The gap between developing nations’ debt servicing costs and new…
Türkiye, World Bank work on $6B financing for power transmission
Türkiye has launched efforts with the World Bank to secure up to $6 billion in financing to expand…
EU Pledges €7 Billion to Renewable Energy in Africa
The European Union pledged €7 billion ($8.1 billion) toward boosting renewable-energy generation and increasing electricity access in Africa.…
How diversification could redefine ‘Made in Bangladesh’
In the bustling factories of Dhaka and Gazipur, millions of workers stitch together the fabric of Bangladesh’s economic…
‘No’ to 65-70 withdrawal age for EPF
PETALING JAYA: Seniors are pushing back against the World Bank’s proposal to raise the Employees Provident Fund (EPF)…
World Bank calls on Malaysia to ‘significantly expand’ social pensions amid ageing population
They define social pensions as transfers to the elderly that are financed by general government revenues – meaning…
China Finds Costly New Way of Boosting Xi’s Global Yuan Push
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering…
China Must Set ‘Aggressive’ Consumption Goal, Stephen Roach Says
Former Morgan Stanley Asia chairman Stephen Roach said China must target consumption accounting for half of economic output…
Latin America’s Motorcycle Boom Comes With Deadly Consequences
It had rained that June morning in Mexico City, leaving the pavement slick. Isaac was speeding near the…
Can Starlink come to the rescue?
Lebanon has granted a license to Elon Musk’s Starlink to provide satellite internet services in the crisis-hit country known for…
The 10 Best European Countries for Expats to Launch a Business in 2025
Expat entrepreneur score: 8.66/10 With its massive venture capital ecosystem and strong entrepreneurial pipeline, the UK leads the…