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The IT Scene in China: Alibaba’s New ‘Open Sesame’ Financing
Alibaba is China’s largest e-commerce company. It is a privately owned Hangzhou-based group of Internet-based e-commerce businesses which, amazingly enough, began in 1999 with only a website. Today, Alibaba is one of the twenty most-visited websites globally, featuring nearly a
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Otaviano Canuto, World Bank Group: Commodity Super Cycle to Stick Around a Bit Longer
Some analysts have predicted that the commodity price boom has played itself out. However, natural resource-based commodity prices (with the exception of shale gas and its downward pressure on US natural gas prices) have remained relatively high over the last
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World Bank Policies Include Screening for Climate Risks
The World Bank Group has made a priority of helping countries adapt to and mitigate the risks of climate change, and it is increasingly viewing its lending through a climate lens. Over the past few years, it has started implementing
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World Bank Group: “Customer is King” – Toward More Effective Development?
“Customer is King” is an old business saying that accentuates the importance of customers in every business. The private sector generally knows that satisfied customers are cheaper to serve and easier to deal with while unhappy customers will result in
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World Bank Supports New Innovative Financing to Reach SMEs and Exporters in Turkey
The World Bank’s Board of Directors today approved a US$250 million equivalent loan for the Innovative Access To Finance Project for Turkey whose main development objective is to improve access to longer-term Islamic finance and to factoring for small- and medium-enterprises (SMEs)
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OECD: Achieving a Resilient Economic Recovery
The recovery from the Great Recession has been slow and arduous, and has at times threatened to derail altogether. However, the major advanced economies are finally gaining traction and momentum. Private-sector confidence is rebuilding. After years of weakness, investment and
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CFI.co Meets the CEO of Green Delta Securities: Wafi S M Khan
Stock brokerage in Bangladesh is not the most obvious of career choices ambitious students mull in Bangladesh. The few people who have been successful in portraying the brokerage industry as a glamorous one are definitely key players in the market.
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CFI.co Meets the CEO of XacBank: Bat-Ochir Dugersuren
Mongolia’s economy has been undergoing changes in recent years, and one of the challenges for its domestic banks is keeping up with the pace of growth. In line with this trend, XacBank has modified its strategy to adjust to the
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CFI.co Meets the CEO of Makhtag: Muhammad Halim Fidai
Former governor Muhammad Halim Fidai of the Wardak Province in Afghanistan is not impressed with the way his country is usually portrayed by the international media. In fact, Mr Fidai finds it incomprehensible that the media consistently downplays the significant
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The World Bank Called for Tighter Economic Policies to Restore Economic Stability
In its newly released Mongolia Economic Update, the World Bank said that the Mongolian economy is facing challenges from the large balance of payments pressure and high inflation. The World Bank underscored that the economic vulnerability will likely continue under
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