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East Asia Needs to Adapt its Development Model to Sustain its Historic Transformation

The FINANCIAL -- East Asia’s remarkably successful development model – a combination of outward-oriented growth, human capital development, and sound economic governance – needs to be adjusted to effectively address emerging external and internal challenges, a new World Bank report ...

NIB Finances Lidl’s Expansion in Lithuania

The FINANCIAL -- Lidl entered the Lithuanian grocery market in June 2016. At year end 2017, Lidl was operating 35 stores and one warehouse in the country and had a market share of 6.5%. Lidl is ...

Mastercard and Next Retail Concepts Upgrade Online Shopping Just in Time for the Holidays

The FINANCIAL -- The days of mindlessly scrolling through pages of products while shopping online are over thanks to a new ecommerce experience from Mastercard and Next Retail Concepts. The ...

Bank of America Announces Completion of Cross-Border Merger in Europe

The FINANCIAL -- Bank of America has announced the successful completion of the cross-border merger of its U.K. banking entity into Bank of America Merrill Lynch International Designated Activity ...

16 National Central Banks to Have Higher Share, 12 Lower Share

The FINANCIAL -- The Governing Council of the European Central Bank (ECB) adopted legal acts on the regular five-yearly adjustment to its capital key and the contributions paid by the national ...

AI Boost for Syndicated Loans Market

The FINANCIAL -- Axyon AI will use the investment to speed up growth and develop its product offering, among which SynFinance, an AI-powered platform that uses predictive analysis to identify the ...

Deutsche Bank Headquarters Raided Over Money Laundering

The FINANCIAL -- The Frankfurt headquarters of Deutsche Bank have been raided by prosecutors in a money laundering ...

ADB Project to Help Boost Inclusive Tourism in Viet Nam’s Secondary Towns

The FINANCIAL -- The Asian Development Bank (ADB) has approved a $45 million loan to help Viet Nam transform secondary towns into more economically inclusive, competitive tourism ...

First International Syndication for Belinvestbank Since 2011

The FINANCIAL -- Hundreds of small enterprises in Belarus will benefit from loans with longer maturities provided by Belinvestbank OJSC thanks to new resources made available through a syndicated ...

$100 Million to Boost Finances of India’s Punjab State

The FINANCIAL -- The Asian Development Bank has approved a loan of $100 million as the third and last tranche of a $200 million policy-based program to strengthen the finances of India’s Punjab ...

Retirement Provision is the Main Concern, Unemployment Falls in the Rankings

The FINANCIAL -- Nothing worries the Swiss more than retirement provision, and they expect the political establishment to come up with consensus-oriented solutions to secure the future of the Old ...

Renewable Electricity to Solomon Islands

The FINANCIAL -- The World Bank Group has welcomed the signing of a series of key agreements which will help deliver cheaper and more reliable, renewable energy to Solomon Islands through the Tina ...

EBRD Supports Microfinance in Tunisia

The FINANCIAL -- The EBRD is strengthening access to local currency loans for micro, small and medium-sized enterprises (MSMEs) by signing a credit line with Enda Tamweel, the largest microfinance ...

Only 6% of Gen Z in the UK are Considering a Career in Manufacturing

The FINANCIAL -- New research from Barclays Corporate Banking shows that only 6% of Generation Z (16-23 year- olds) are considering a career in manufacturing. Almost half (47%) state this is because ...

NIB has Updated its NIB Environmental Bond Framework

The FINANCIAL -- CICERO rates the NIB Environmental Bond Framework as Dark Green, which is the highest category shading. The research Institute also states that the framework is “aligned with the ...

Ministry Of Finance Of Georgia Treasury Bill Auction Results

The FINANCIAL -- On December 5, 2018, securities in the amount of GEL 40 000 000 with a maturity of 364-days were sold at the Ministry of Finance Treasury Bill ...

Pakistan’s Trade with South Asia Can Rise by Eight-Fold

The FINANCIAL -- Regional trade can create many more jobs and make the country prosperous if trade barriers with South Asia are removed, says a new World Bank ...

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