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Posted on June 14, 2025

‘Landmark moment for Islamic Finance in Sri Lanka’

When Vidullanka PLC announced it was launching Sri Lanka’s first listed Sukuk—a Shariah-compliant, asset-backed debt instrument—it wasn’t just another financial product hitting the market. It was a ...

Posted on June 14, 2025

IMF gives thumbs up to Sri Lanka’s reform progress, stresses need to sustaining momentum

The International Monetary Fund (IMF) this week commended Sri Lanka’s continued progress under its economic reform program, whilst stressing the importance of maintaining reform momentum amid global ...

Posted on June 14, 2025

IMF gives thumbs up to Sri Lanka’s reform progress, stresses need to sustaining momentum

The International Monetary Fund (IMF) this week commended Sri Lanka’s continued progress under its economic reform program, whilst stressing the importance of maintaining reform momentum amid global ...

Posted on June 14, 2025

Uzbekistan embarks on urban planning revolution with World Bank and Turkish designers

TASHKENT, Uzbekistan, June 13. Uzbekistan’s Ministry of Economy and Finance, the World Bank, and Türkiye’s leading architecture and design firm, Studio Vertebra, have held strategic discussions to ...

Posted on June 14, 2025

Uzbekistan embarks on urban planning revolution with World Bank and Turkish designers

TASHKENT, Uzbekistan, June 13. Uzbekistan’s Ministry of Economy and Finance, the World Bank, and Türkiye’s leading architecture and design firm, Studio Vertebra, have held strategic discussions to ...

Posted on June 14, 2025

Uzbekistan, JBIC deepen cooperation on infrastructure and green economyб

The meeting was also attended by Ken Imai, Head of JBIC’s Representative Office in Moscow; Otabek Fozilkarimov, Deputy Minister of Economy and Finance of Uzbekistan, Jasur Karshibayev, Advisor to the ...

Posted on June 14, 2025

Thailand faces nationwide banking disruption as three major banks announce system outages

BANGKOK: A significant banking disruption is set to affect millions across Thailand as three of the nation's largest financial institutions – Krungthai Bank, the Government Savings Bank (GSB), and ...

Posted on June 14, 2025

Saudi Arabia’s tiqmo and MoneyGram partner to power cross-border money movement

The partnership provides tiqmo customers with the ability to reach more than five billion digital endpoints and over 480,000 MoneyGram locations worldwide, the press release said.

Posted on June 14, 2025

Dow sinks over 700 points after Israel’s attack on Iran

The Dow dropped more than 700 points Friday as investors fret over the risk of a widening war in the Middle East.

Posted on June 14, 2025

Philippines told to monitor online gambling, crypto for dirty money risks

The Philippines should monitor dirty money risks from cryptocurrency and online gambling to ensure that any “residual” vulnerabilities are contained, Moody’s said. Xiao Chen, associate director at ...

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