Sources say the country will seek World Bank assistance to stave off a severe economic crisis, in addition to an IMF rescue plan to be discussed in Washington next month
In contrast, most emerging markets are not attracting as much investment as they should, based on their income levels, the study found
The study by Aon reveals a total of $343 billion in economic losses globally in 2021, $329 billion of which resulted from weather and climate-related events
IFC is enhancing its trade facility to Bank Al Habib to enable it to support longer-term imports of capital goods including equipment, machinery and tools
An IMF staff mission raised the issue of reforms in the personal income tax regime to raise maximum revenue, especially from salaries
A review of 32 banks throughout East and Southeast Asia showed none had made any clear commitments or adequate implementation plans to meet goals of the Paris climate agreement
Research revealed a doubling of gross tropical forest carbon loss worldwide from 0.97 gigatonnes of carbon per year in 2001–2005 to 1.99 gigatonnes in 2015–2019 due to rapid forest loss
Asian brands have largely opted to either cautiously remain in Russia or keep quiet about their plans
Asia's share of new infections, excluding China, has grown to 48% of the global total, up from 21% during the January omicron peak
The votes are increasingly stacking up against the former cricketing star, whose governing coalition has a thin majority in parliament
The digital push will enable HSBC to engage with sports, e-sports and gaming fans via its slice of turf in The Sandbox, a virtual space majority-owned by Animoca Brands
They noted at the Asia Pacific Maritime conference in Singapore that the war is affecting a growing number of seafarers from Russia and Ukraine