Banking and Finance MagazineWorld Bank & the never-ending sovereign defaultIFM CorrespondentAugust 11, 2023August 11, 2023 by IFM CorrespondentAugust 11, 2023August 11, 2023 World Bank Chief Economist Carmen Reinhart referred to the debt crises of the 1980s and 1990s and the lessons this challenging era can offer... Read more
Economy FeaturedCrisis-ridden Sri Lanka’s economy shrinks 11.5%IFM CorrespondentJune 26, 2023June 26, 2023 by IFM CorrespondentJune 26, 2023June 26, 2023 Sri Lanka’s economy is showing tentative signs of improvement, in part due to the implementation of critical policy actions... Read more
Economy FeaturedIMF predicts slow growth for MENA economiesIFM CorrespondentApril 25, 2023 by IFM CorrespondentApril 25, 2023 Italian Foreign Minister Antonio Tajani said that his country wants the IMF to start disbursing a loan to Tunisia without conditions... Read more
Economy MagazineEconomy 2023: Asian giants walk a tightropeIFM CorrespondentApril 20, 2023April 20, 2023 by IFM CorrespondentApril 20, 2023April 20, 2023 IMF has predicted a strong rebound for COVID-hit Chinese economy in 2023, with industrial mobility and activities picking up the pace... Read more
Featured Islamic BankingMiddle East a unique ‘global sweet spot’ for merger and acquisition: SurveyIFM CorrespondentApril 13, 2023April 13, 2023 by IFM CorrespondentApril 13, 2023April 13, 2023 Saudi Arabia is anticipating a significant increase in merger and acquisition activity in 2023... Read more
Asset Management FeaturedIMF loan not enough? Cash-strapped Egypt sells state assets to Gulf nationsIFM CorrespondentFebruary 20, 2023 by IFM CorrespondentFebruary 20, 2023 The investments by Gulf states into Egypt last year helped to alleviate some of the immediate financing concerns that Egypt encountered, prior to securing further funds from the IMF... Read more
Featured Oil & GasMoody’s predicts another budget surplus year for OmanWebAdminJanuary 16, 2023 by WebAdminJanuary 16, 2023 Oman experienced its first USD 2.98 billion budget surplus in close to a decade in 2022, which is credit-positive, according to Moody’s... Read more
Industry MagazineDecoding China’s blue-collar labour shortageIFM CorrespondentDecember 15, 2022March 17, 2023 by IFM CorrespondentDecember 15, 2022March 17, 2023 Business confidence in China has already fallen to its lowest since 2013, as per a World Economics survey... Read more
Economy FeaturedIMF reveals why Asia economies need rapid rate hikesIFM CorrespondentAugust 2, 2022August 2, 2022 by IFM CorrespondentAugust 2, 2022August 2, 2022 Krishna Srinivasan did not specify which economies would have to quickly increase interest rates.... Read more
Economy FeaturedCould Bangladesh be next Sri Lanka?IFM CorrespondentJuly 29, 2022July 29, 2022 by IFM CorrespondentJuly 29, 2022July 29, 2022 According to central bank data, Bangladesh’s July to May current account deficit was $17.2bn.... Read more