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Published on 11:25 GMT

World Bank’s Benhassine lauds Pakistan’s economic turnaround

Najy Benhassine, the outgoing country director of the World Bank, has lauded Pakistan’s economic turnaround, terming it a ‘revolutionary turnaround.’ The World Bank’s official made these remarks while paying a farewell visit to Prime Minister Shehbaz …

Source: Business Recorder - Neutral
Published on 02:04 GMT

World Bank-funded project under Pesco: HEC seeks relaxation in bidding criteria

ISLAMABAD: The Heavy Electrical Complex (HEC) has formally sought a relaxation in the bidding criteria for a World Bank-funded project under the Peshawar Electric Supply Company (PESCO). In this regard, HEC’s Chief Executive Officer (CEO) has approached …

Source: Business Recorder - Neutral
Published on 01:46 GMT

World Bank may give extra $50m financing to Discos

ISLAMABAD: The World Bank is likely to extend an additional $50 million in financing to power distribution companies (Discos) under the Electricity Distribution Efficiency Improvement Project – Additional Financing (EDEIP-AF). According to the World Bank, …

Source: Business Recorder - Neutral
Published on 09:52 GMT

Flirting with fire: The West’s soft turn on Pakistan

Despite being placed on the Financial Action Task Force (FATF) grey list three times since 2008—first from 2008 to 2009, then from 2012 to 2015, and again from June 2018 to October 2022—Pakistan continues to present itself as a victim rather than a …

Source: Firstpost - Center-right
Published on 07:49 GMT

Zia-Musharraf-Munir: Why the US needs Pakistan's dictators

"The area of Pakistan is strategically the most important on the continent of India and the majority of our strategic requirements could be metby an agreement with Pakistan alone. We do not therefore consider that failure to obtain an agreement with …

Source: India Today - Neutral
Published on 11:27 GMT

Beyond oil: India’s deep stakes in its relationship with Iran amid regional conflict

Israel’s attack on Iran, probably with tacit support from the US, should be a reason for India to worry as its Islamic neighbour has been a long-standing diplomatic and economic partner. Iran is important to India for multiple reasons, including its …

Source: The Hindu Business Line - Neutral
Published on 09:23 GMT

Pakistan announces tariff reductions to boost exports, jobs by 2030

Current five-tier customs duty structure will be simplified into four slabs. Government will gradually reduce overall average tariffs. High tariffs are our biggest barrier: Commerce Secretary Jawad Paul. ISLAMABAD: In a significant shift towards promoting …

Source: GEO TV - Pro-Government
Published on 03:21 GMT

The Indian Diaspora, Conflicted: The US Position on Immigration and India’s View on Emigration

At the beginning of 2025, the Trump administration introduced more stringent rules with regard to the process of applying for an H-1B visa. The change has already let to a decrease in the number of applications. While the program is aimed at hiring skilled …

Source: The Diplomat - Neutral
Published on 08:46 GMT

India’s informal sector isn’t off the map: It’s being tracked better than ever

Recently, Indian GDP measurement came under considerable discussion in the media on account of an observation emanating from the Niti Aayog based on a projection made by the World Bank—that India has become the world’s fourth largest economy. As part of …

Source: Mint - Neutral
Published on 05:58 GMT

Pakistan unveils bold tariff cuts to spur exports, jobs by 2030

ISLAMABAD: In a bold shift toward export-led growth, Pakistan will cut its average tariff rate from 20.19pc to just 9.7pc over the next five years, eliminate regulatory duties, and phase out additional customs duties by 2029 under the draft National Tariff …

Source: The News International - Indeterminate
Published on Jun 18, 2025

India’s fintech market to become $400 billion in next 3 years: Finance minister

New Delhi: India’s fintech market is flourishing and projected to become $400 billion in the next three years, Union finance minister Nirmala Sitharaman said on Wednesday urging the industry to continue “fearlessly” innovating people-centric new solutions …

Source: Hindustan Times - Indeterminate
Published on Jun 18, 2025

Philippines: Successful symposium on ‘Debt Chains and Displaced Lives: Confronting IMF-World Bank Legacies in the Global ...

From left to right: Jett from the Sumpai association, co-organiser of the Symposium, Éric Toussaint and the Vice-President of St Peter’s College after the signing of the MOU between CADTM and St Peter’s College. Photo: CADTM Éric Toussaint, spokesperson …

Source: CADTM - Left-wing
Published on Jun 18, 2025

India Shuts Down Schools Over Birth Rate Decline

Some parts of India have been forced to shut down schools amid the country's declining birth rates. Economist Sanjeev Sanyal, who was previously the principal economic adviser in India's finance ministry and a member of the Economic Advisory …

Source: Newsweek - Left-wing
Published on Jun 18, 2025

Plane Crashes, Road Mishaps, Bridge Collapses: India Needs National Plan To Aid Accident Victims' Kin

Last Updated:June 18, 2025, 23:24 IST The plan should offer financial support proportional to the family’s annual income, ideally around 10 times that amount, ranging from Rs 10-50 lakh There is an urgent need for a national response plan for all accident …

Source: News18 - Center-right
Published on Jun 18, 2025

India News | Sitharaman Ask Fintechs to Find Solutions to Prevent Digital Arrests, Cyberfrauds

New Delhi, Jun 18 (PTI) Finance Minister Nirmala Sitharaman on Wednesday asked fintech startups to come out with solutions to deal with the rising incidence of digital arrests, cheating by fly-by-night operators, and other kinds of cyberfrauds. Lauding the …

Source: Latestly - Indeterminate
Published on Jun 18, 2025

Pakistan on the frontlines of climate disaster

Climate change refers to long-term shifts in global temperatures and weather patterns. While these changes can occur naturally, recent climate change is primarily caused by human activities, notably the burning of fossil fuels such as coal, oil, and gas. …

Source: Pakistan Today - Indeterminate
Published on Jun 17, 2025

FDI to developing economies in 2023 fell to lowest since 2005: World Bank

The World Bank reported Monday that foreign direct investment (FDI) flows to emerging economies fell to $435 billion in 2023, the lowest level since 2005, amid rising trade and investment barriers. "These barriers pose a significant threat to global …

Source: Commersant - Neutral
Published on Jun 17, 2025

World Bank : FDI Flows to Developing Economies Drop to Lowest Level Since 2005

Facebook Twitter LinkedIn WhatsApp A new World Bank study reveals that foreign direct investment (FDI) flows to developing economies have dropped to their lowest level since 2005, amid a global rise in barriers to trade and investment. “These obstacles …

Source: Tunisie Numerique - Neutral
Published on Jun 17, 2025

World Bank warns of deepest drop in developing economy investment since 2005

WASHINGTON: In a stark assessment of global investment trends, the World Bank revealed that FDI flows to developing countries have dropped to levels not seen since 2005, citing rising trade barriers, growing macroeconomic uncertainty, and heightened …

Source: The Arabian Stories - Pro-Government

12 days 21:37:57

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Published on June 19, 2025 - 11:28 GMT

China Set to Launch Global Hub for Digital Yuan

(MENAFN) China is set to launch an international operations center dedicated to the digital yuan, announced this week by the People’s Bank of China (PBoC), in a strategic move to boost the currency’s global reach and cut dependence on leading international …

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Published on June 17, 2025 - 14:48 GMT

World Bank: FDI in Developing Nations Hits Lowest Since 2005

(MENAFN) World Bank data released on Monday paints a bleak picture for emerging markets, as foreign direct investment (FDI) plunged to just $435 billion in 2023 — marking the weakest inflow since 2005. The decline reflects mounting global trade …

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Published on June 17, 2025 - 14:48 GMT

World Bank Reports Drop of FDI in Developing Markets

(MENAFN) The World Bank announced on Monday that foreign direct investment (FDI) in developing markets dropped to USD435 billion in 2023—the lowest level observed since 2005. This sharp decrease is attributed to intensifying global restrictions on trade …

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Published on June 17, 2025 - 18:13 GMT

Significant support from World Bank in implementing major projects

Антић је на скупу "CO2 – могућности прикупљања, коришћења и складиштења" (CCUS) истакао да би у први план требало ставити одговоран однос према животној средини у смислу коришћења фосилних горива и нових технологија које треба да смање емисију уг …

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Published on June 16, 2025 - 09:07 GMT

Bangladesh Secures USD250M World Bank Funding

(MENAFN) The World Bank’s board of executive directors has greenlit $250 million in funding aimed at elevating public sector efficiency across Bangladesh by enhancing transparency, accountability, and operational effectiveness within pivotal government …

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Published on June 18, 2025 - 15:00 GMT

G7 Leaders Rally Behind Trump’s Peace Bid

(MENAFN) Ukrainian head of state Volodymyr Zelenskyy reported on Wednesday that the Group of Seven had thrown their support behind US President Donald Trump’s drive for “a just and lasting peace.”  He implored Moscow to mirror Kyiv’s pledge to halt …

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Published on June 18, 2025 - 05:11 GMT

Chair’s Summary

CANADA, June 17 - The Leaders of the Group of Seven (G7) gathered in Kananaskis, Alberta, from June 15-17, 2025, with the objective of building stronger economies by making communities safer and the world more secure, promoting energy security and …

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Published on June 17, 2025 - 21:51 GMT

G7 Critical Minerals Action Plan

CANADA, June 17 - We, the Leaders of the G7, recognize that critical minerals are the building blocks of digital and energy secure economies of the future. We remain committed to transparency, diversification, security, sustainable mining practices, …

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Published on June 19, 2025 - 12:00 GMT

Timberview Capital Shares Wealth-Building Framework for High-Income Professionals Seeking Financial Freedom

Dr. Tyson Cobb reveals a four-part framework to help high earners turn income into lasting wealth through strategic real estate investing. BETTENDORF, IA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- A high salary is often seen as the fast …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 12:00 GMT

Broadstreet Infamous Spirits Welcomes Co-Founder Brian H. Potts to Company

Broadstreet Infamous Spirits Welcomes Co-Founder Brian H. Potts to Company GREENSBORO, GA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Broadstreet Infamous Spirits is pleased to announce that Brian H. Potts is officially joining the …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on June 19, 2025 - 12:00 GMT

From Startup to Standard-Setter: Sedric Named to AIFintech100 Following Breakout Year and Series A Milestone

NEW YORK, NY, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Sedric, the Agentic AI compliance platform helping financial institutions reduce marketing and communications compliance risk at scale, has been named to the AIFintech100 2025, a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 11:58 GMT

Fuel Cards Market Global Opportunity Analysis and Industry Forecast, 2022 - 2032

Fuel Cards Market : Increase in Demand from Developing Countries | Opportunity Analysis and Industry Forecast NEW CASTLE, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Fuel Cards …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 11:57 GMT

Madhya Pradesh Champions Rural Tourism with ‘Gramin Rang, Paryatan Sang’ Festival

State-Level Event Unveils Key Initiatives, Partnerships, and Recognitions to Empower Rural Economies BHOPAL, MADHYA PRADESH , INDIA, June 19, 2025 /⁨EINPresswire.com⁩/ -- In a vibrant celebration of community-led tourism, the Madhya Pradesh …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on June 19, 2025 - 11:48 GMT

Auto Finance Market to Hit $5.6 Trillion by 2031, Fueled by Digital Lending Platforms and Vehicle Ownership Trends

Auto Finance Market Projected to Reach Nearly $5.6 Trillion by 2031, Growing at a 11.5% CAGR NEW CASTLE, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Auto finance market refers to the various financial products which allow someone to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 11:45 GMT

U.S. Auto Extended Warranty Market to Soar to $24.48 Billion by 2030, Fueled by Segmented Applications

U.S. Auto Extended Warranty Market to Soar to $24.48 Billion by 2030, Fueled by Segmented Applications NEW CASTLE, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- According to a recent report published by Allied Market Research, titled, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 11:33 GMT

Unlock $3.43 trillion in Untapped Opportunities: Global Wealth Management Market Forecast 2021–2030

Wealth Management Market : Global Opportunity Analysis and Industry Forecast, 2021-2030 NEW CASTLE, DE, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Wealth Management Market By …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 11:30 GMT

Synchrocare Expands Franchise Program to Missouri, Opening New Pathways in the Growing Medical Device Market

Empowering Entrepreneurs to Help Transform U.S. Healthcare Through a Proven Franchise Model MO, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Synchrocare LLC, a trusted name in advanced medical device sales and solutions, is pleased to …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on June 19, 2025 - 11:27 GMT

icogz Secures $1.4M Pre-Seed Round to Scale Aryabot™ and Expand Across MENA & SEA

Funding to accelerate Aryabot™ deployment, onboard regional partners, and prepare for Series A amid rapid growth in enterprise AI adoption. DUBAI, UNITED ARAB EMIRATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- icogz, the AI-native business …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 11:00 GMT

ScioTeq LLC & Moog Inc Sign Agreement Incorporating ScioTeq Groundbreaking Technology into Aircraft Modernization Effort

ScioTeq’s CDMS-3739 advanced multi-function control and display unit for flight and mission control chosen for Moog C-130/L-382G Hercules fleet upgrade program DULUTH, GA, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- ScioTeq LLC has …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on June 19, 2025 - 09:00 GMT

Fast Verify Releasing Workflow & ID Verification Suite for Landlords and Guest Check-in at Hotels and Short-Term Rentals

Fast Verify assists landlords, property managers, and short-term rental platforms with identity verification, record keeping, and fraud prevention. LAS VEGAS, NV, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Fast Verify, a leader in AI- …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on June 19, 2025 - 08:00 GMT

Federal Civil RICO Lawsuit Alleges Multi-Jurisdictional Fraud Network Operating Across U.S., U.K., and Ireland

MIAMI, FL, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- A federal civil lawsuit (Case No. 2:24-cv-10607) filed in the U.S. District Court for the Central District of California under the Racketeer Influenced and Corrupt Organizations Act ( …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 07:52 GMT

Pesa Acquires UK’s Authoripay to Expand Global Remittance Capabilities

Cross-border financial platform Pesa has announced its acquisition of Authoripay, a UK-based payment service provider. TORONTO, ONTARIO, CANADA, June 19, 2025 /⁨EINPresswire.com⁩/ -- Toronto-based cross-border fintech Pesa has acquired UK …

Distribution channels: Banking, Finance & Investment Industry ...
Published on June 19, 2025 - 07:39 GMT

달러, 5월 CPI 둔화로 수년래 최저치로 하락 – EBC Financial Group, 6월 인플레이션 구도에서 비대칭적 위험 경고

완화된 인플레이션 수치가 금리 인하 기대를 자극하고 있으나, EBC는 근원 물가의 지속적인 압력과 다가오는 관세 효과를 감안할 때 섣부른 낙관론에 경계할 것을 당부했습니다. DC, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- 5월 미국 소비자물가지수(CPI)가 예상보다 낮게 발표되면서 연방준비제도(Fed)의 정책 전환에 대한 시장 기대가 다시 살아났습니다. 이에 따라 미국 달러는 지난 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 07:32 GMT

Dólar atinge mínima em anos após CPI de maio desacelerar — EBC alerta para riscos assimétricos na inflação de junho

Inflação mais branda eleva apostas de corte de juros, mas EBC alerta para otimismo precoce diante de pressões no núcleo e impacto das tarifas. DC, UNITED STATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- Um Índice de Preços ao Consumidor (CPI) dos EUA …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 19, 2025 - 07:22 GMT

BNESIM Powers Kaspersky's Entry into Mobile Connectivity with Kaspersky eSIM Store App

BNESIM, a global leader in telecommunications and eSIM technology, has partnered with cybersecurity giant Kaspersky to launch an innovative eSIM application KOWLOON, HONG KONG, June 19, 2025 /⁨EINPresswire.com⁩/ -- In a groundbreaking collaboration, …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on June 19, 2025 - 07:07 GMT

Risk.net launches Japanese edition – a new era in risk management insights

Risk.net, the world’s leading source for in-depth news and analysis on complex markets, is excited to announce the launch of its Japanese edition. WANCHAI, WANCHAI, HONG KONG, June 19, 2025 /⁨EINPresswire.com⁩/ -- Launch Date: June 19, 2025 …

Distribution channels: Banking, Finance & Investment Industry ...
Published on June 19, 2025 - 06:58 GMT

Bitloops raises €1M to automate design to code conversion

Bitloops raises €1M to turn Figma designs into production-ready frontend code. Backed by Eleven and Corallia Ventures, it helps developers ship faster & better! ATHENS, ATHENS, GREECE, June 19, 2025 /⁨EINPresswire.com⁩/ -- Bitloops, an AI- …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on June 19, 2025 - 06:30 GMT

Winners revealed: Mena Banking Excellence Corporate & Investment Awards 2025

Held in Dubai on 18 June, the awards recognised standout achievements in corporate and investment banking DUBAI, UNITED ARAB EMIRATES, June 19, 2025 /⁨EINPresswire.com⁩/ -- The Mena Banking Excellence – Corporate & Investment Awards 2025 …

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