Uzbekistan’s shadow economy accounted for 33% of gross domestic product in 2025, down from an estimated 45–50% in 2019, according to data from the Ministry of Economy and Finance. The decline …
Can Thailand Play the ‘China plus 1’ Card as Asia’s Supply Chains Realign?
Three major textile and fashion events in Bangkok in just over a month are a clear signal. They point to an industry that feels increasingly in the driving seat rather than simply reacting to the …
VEON’s Banglalink Receives Bangladesh Bank Approval to Launch Digital Payment Service Mukto Pay
Banglalink targets September 2026 commercial launch as new licence advances VEON’s digital financial services ambitions Dubai, Dhaka, and New York, August 12, 2026: VEON Ltd. (NASDAQ: VEON) today …
Exclusive-Sri Lanka cenbank sees no need for further rate hikes but will remain vigilant, governor says
COLOMBO, Aug 11 (Reuters) – Sri Lanka’s central bank sees no need for more interest rate hikes this year after its unexpected raise in May, with inflation expected to peak around current levels before …
Finance teams in Singapore struggle to check AI once it is put to work
According to an Airwallex-commissioned survey, 68% of finance decision-makers in Singapore cite difficulty monitoring or validating AI output, but 96% expect investment in AI-powered finance to rise.
Jordan Kuwait Bank issues its second Green Bond in partnership with IFC to advance sustainable finance in Jordan
Jordan Kuwait Bank (JKB), in partnership with the International Finance Corporation (IFC), a member of the World Bank Group, has announced …
National SME Forum “Scale Up 2.0” connects SL’s SMEs with markets, finance and business support
Sri Lanka, Aug. 12 — The National SME Forum organised by The Ceylon Chamber of Commerce brought Sri Lanka’s SMEs and the wider business ecosystem together to connect businesses with markets, finance, …
Syrian and U.S. officials discuss Syria’s reintegration into global financial system
Syrian Finance Minister Mohammed Yisr Barnieh held talks with a senior U.S. Treasury official on Sunday on efforts to reintegrate …
Finance Minister II: Seven of Tabung Haji’s 14 troubled investments ended in total losses, Saudi-based deal caused biggest hit
KUALA LUMPUR, Aug 11 — Seven of the 14 troubled investments involving Tabung Haji identified by the Royal …
Saudi Arabia, IMF to Hold a High-Level Annual Conference on Emerging Markets in AlUla on February 16–17, 2025
Minister of Finance of the Kingdom of Saudi Arabia Mohammed Aljadaan and Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva issued a joint statement today: “The world is …