Finance
Back to homepageUN Says Bangladesh Labour Laws Fall Short of International Standards
The United Nations labour agency today on Monday 22nd July that amendments to the Bangladesh Labour Act “will hopefully prove to be a first step” in addressing workers’ rights and boosting occupational safety and health, but urged the Government to
Read MoreWorld Bank: Philippines Poised for More and Better Jobs
By Axel Van Trotsenburg, World Bank Vice President for East Asia and Pacific If the first quarter of this year is any indication, the Philippines is doing well in terms of gross domestic product (GDP) growth. At almost 8 percent,
Read MoreIMF: Ireland Approaching Best Practice in Fiscal Reporting & Forecasting
The IMF published on July 16th a Fiscal Transparency Assessment (FTA) report for Ireland, which was carried out at the request of the Irish Government by a Fiscal Affairs Department team that visited Dublin in March 2013. This report constitutes
Read MoreIMF: KSA Is One of The Top G-20 Performers
On July 08, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Saudi Arabia. Saudi Arabia has been one of the best performing G-20 economies in recent years, and has supported the global
Read MoreEdelweiss – An Indian Financial Powerhouse
Edelweiss is a leading Indian financial services conglomerate that provides a wide range of financial products and services, serving a large diversified client base that includes individuals, institutions and companies. At the end of FY13, it had a balance sheet
Read MoreAngola’s Sovereign Wealth Fund Announces Investment Policy
Asset allocation to support preservation of capital, maximisation of returns and infrastructure development José Filomeno dos Santos appointed FSDEA chairman Luanda, Angola, 21 June 2013 – The Fundo Soberano de Angola (FSDEA), today announced the publication of its Investment Policy
Read MoreItaly: IMF Mission Statement
An IMF team visited Italy from June 24 to July 4, 2013, for the annual evaluation of the economy as part of the regular consultations under Article IV of the IMF’s Articles of Agreement. This statement describes the preliminary findings:
Read MoreICC On Rethinking Trade and Finance
The International Chamber of Commerce (ICC) 2013 survey on trade and finance, released on June 24th, has found that a continued shortage of trade finance for international trade remains a major challenge for economic recovery and development, with many traders
Read MoreEU Budget Agreed
Following their meeting on Thursday 27th June at the Commission headquarters, President Barroso, President Schulz and Irish Taoiseach Kenny announced a political agreement on the European Union’s future budget 2014-2020. President Barroso underlined that this was possible because all sides
Read MoreCBI Says ‘Get Major Projects Moving to Protect the Recovery’
Ahead of the Wednesday June 26th spending round, the Confederation of British Industry reiterated its call for the Chancellor to take urgent steps to bridge the infrastructure investment gap and make the big decisions to protect growth and get a
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