will make it harder for universities to finance themselves, further harming all aspects of university operations. Ben & Jerry's and Unilever learned the hard way that the cost of boycotting Israel far ...
UAE: MoF explores boosting cooperation with Saudi Arabia’s Government Expenditure and Projects Efficiency Authority
During the meeting, participants discussed how the MoF could share its experience in launching the Digital Procurement Platform, the framework agreements concluded, the diversity of service providers, ...
IIF analysis shows Kazakhstan’s economy faces bumps in the road – but no major obstacles as things stand
Delays in expanding the giant Tengiz oil field and moderation in private consumption are expected to push down the growth of Central Asia’s largest ...
Sri Lanka official garment worker minimum wage ‘too low’
Sri Lanka’s clothing sector pay scale is already above the recently increased national living wage floor, but a garment worker union argues it is still too low for the country's high inflation.
Nepal: Fiscal Federalism Progressing at a Moderate Pace; Further Reforms Needed to Strengthen Outcomes
KATHMANDU: Nepal’s legal and institutional reforms under fiscal federalism and public financial management at the provincial and local levels have continued but at a moderate pace, says the World Bank ...
Transit fee rivals Russia, Kazakhstan “happy” China-Kyrgyzstan-Uzbekistan railway not progressing
Russia and Kazakhstan are happy with the continuing delays afflicting the proposed $8bn China-Kyrgyzstan-Uzbekistan (CKU) railway as the mega-infrastructure undertaking could deprive them of ...
South Korea prepares a big $7 billion support package for its chip industry.
South Korea is poised to significantly bolster its semiconductor industry with an expansive support package valued at over 10 trillion won ($7.30 billion), according to statements made by Finance ...
Philippines Tests Peso-Backed Stablecoin, Eyes Future Financial Innovations
In a groundbreaking initiative, the Bangko Sentral ng Pilipinas has commenced sandbox testing for the PHPC, a stablecoin pegged 1:1 to the Philippine peso. This pilot, a collaboration with Coins.ph, ...
Philippines Tests Peso-Backed Stablecoin, Eyes Future Financial Innovations
In a groundbreaking initiative, the Bangko Sentral ng Pilipinas has commenced sandbox testing for the PHPC, a stablecoin pegged 1:1 to the Philippine peso. This pilot, a collaboration with Coins.ph, ...
To beat the heat, Filipinos buy more than 1,000 aircons a day on credit, says finance firm
Filipinos made heavy use of Home Credit's 0% interest installments to buy a record number of air conditioners this summer ...