Financial services
The government and the Asian Development Bank (ADB) have signed a $350 million financing agreement to advance women's financial inclusion and economic empowerment in Pakistan. The agreement, under the Women Inclusive Finance Sector Development Programme (Subprogram-II), aims to provide Pakistani women with improved access to financial services, expand
Financial services
Sam Huszczo, Founder and Chief Investment Officer of SGH Wealth Management, has been recognized as one of the top investment advisors in the country, earning the prestigious title of InvestmentNews' 2025 National Investment Advisor of the Year. This achievement highlights Huszczo's exceptional commitment to providing data-driven investment
Economic growth
South Africa's ranking in the IMD World Competitiveness Rankings for 2025 highlights ongoing challenges with governance, infrastructure, and job creation. The country struggles with high unemployment, corruption, and poor government effectiveness. Infrastructure limitations and rising public debt levels exacerbate these challenges. Economist Dawie Roodt and other experts attribute
Financial services
Cebuana Lhuillier, the leading micro financial services provider in the Philippines, has entered into a groundbreaking partnership with the Public Safety Savings and Loan Association, Inc. (PSSLAI) to offer more accessible and efficient financial solutions for public safety personnel. This collaboration brings together two powerful institutions that share a common
Economic development
The Nigerian federal government has launched the Revenue Optimisation and Assurance Project (REV-OP) to address revenue leakages, enhance transparency, and drive economic development. The project, unveiled by Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun, aims to strengthen Nigeria's public financial management and revenue
Economic development
As the City of Hoboken's economic development entity, tourism bureau, and small business support office, the Hoboken Business Alliance (HBA) has played a pivotal role in rebuilding the local economy after the devastating impact of the COVID-19 pandemic. Founded in 2020, the HBA has been instrumental in creating
Economic development
Nigeria's Federal Government has taken a crucial step towards achieving sustainable growth and development by launching the Revenue Optimization and Assurance Project (REV-OP). This strategic initiative aims to address revenue leakages, enhance transparency, and drive economic development through a bold new framework grounded in transparency, efficiency, and digital
Economic growth
The US Federal Reserve announced that it would keep interest rates on hold, but signaled that it might make two cuts this year, as the global economy continues to grapple with uncertainty. Despite US President Donald Trump's calls for lower rates, policymakers at the American central bank lifted
Economic growth
The Federal Reserve kept interest rates unchanged in a bid to balance economic growth with concerns over inflation, despite downward revisions to its growth forecast for 2025 and 2026. In a unanimous vote, the Federal Open Market Committee maintained the target range for the federal funds rate at 4.25-4.
Economic growth
The U.S. Federal Reserve held its key interest rates steady on Wednesday, maintaining the 4.25%-4.5% range where it has been since December. The decision comes as uncertainty surrounds the economic outlook, driven by the unpredictable application of tariffs and ongoing trade volatility. The Fed indicated that
Economic development
The Philippines is taking significant steps to address the challenges of infrastructure development, with the establishment of the Department of Economy, Planning and Development (DEPDev) aimed at bridging persistent infrastructure gaps. The new agency, created through Republic Act No. 12145, will spearhead the formulation, coordination, and monitoring of national economic
Economic growth
As Nigeria navigates the challenges of rising inflation, tightened liquidity, and slowing economic growth, it has become increasingly clear that the country's economic future depends on the ability to fund and fuel its small businesses. Despite contributing more than 50% of the country's GDP and accounting
