Finance

New Economic Corridor Project to Boost Regional Trade and Growth through Lao PDR

The World Bank’s Board of Executive Directors today approved the $132 million Southeast Asia Regional Economic Corridor and Connectivity Project, which will improve climate...

World Bank Announces Planned Actions for Global Food Crisis Response

The World Bank today announced actions it plans to take as part of a comprehensive, global response to the ongoing food security crisis, with...

Effective Policy Implementation is Crucial for Vietnam to Reach High-Income Status by 2045

For Vietnam to realize its aspiration for reaching high income status by 2045, it will need to shift its economic growth model and sharply...

Jordan: US$85 million for a New Industry Development Fund

The World Bank has approved US$85 million in financing for the Jordan Support for Industry Development Fund Project, which aims to promote investments and...

How Liquidation Auctions Give Small Businesses a Chance to Compete in Retail

Liquidation auctions are a goldmine for small businesses. Many of the small businesses struggle with capital and filling up their stock. Running a small...

Zero Waste Europe endorses ENVI Commitee decisions in RED III and ETS

Today, the European Parliament's Environment, Public Health and Food Safety (ENVI) committee voted on the Renewable Energy Directive (RED III) and the EU Emissions...

Lao PDR: Economic Recovery Challenged by Debt and Rising Prices

While sectors of the Lao economy are beginning to recover from the slowdown caused by COVID-19, the country faces stiff challenges associated with long-standing...

Ukraine war squeezes food supplies, drives up prices, threatens vulnerable nations

Kicking off a three-day meeting on Friday on the fallout from Russia’s invasion of Ukraine and its wider impact on food and energy prices,...

Poland Needs to Invest in Firm Productivity to Spur Economic Growth

In the last thirty years, Poland was one of the fastest-growing economies in the world. To continue to catch up with the advanced economies...

Small decrease in food prices in April ‘a welcome relief’

After reaching an all-time high in March amid repercussions from the war in Ukraine, world food prices decreased last month, the UN Food and...

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