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The United States is prepared to extend a credit line to Argentina to support its economic recovery amid global challenges. Treasury Secretary Scott Bessent announced the possible use of the …
U.S. Signals Economic Support for Argentina Amid Recovery Efforts Read More
The Commercial Bank of Ceylon has been awarded Global Finance’s Best SME Bank in Sri Lanka for the third consecutive year, highlighting its effective service to the SME sector. The …
Commercial Bank of Ceylon Recognized as Best SME Bank for Third Straight Year Read More
The proposed VAT hike in South Africa will lead to increased insurance costs, impacting policyholders. This situation exacerbates the insurance industry’s challenges amid economic stagnation, consumer skepticism, and operational complexities …
Rising Insurance Costs Foreshadowed by South Africa’s Planned VAT Increase Read More
Li Ka-shing, Hong Kong’s wealthiest man, faces backlash over CK Hutchison’s sale of Panama Canal port assets to a consortium involving BlackRock, causing anger in Beijing. The deal raises concerns …
Li Ka-shing Under Fire: The Implications of Hong Kong’s Panama Ports Deal Read More
Banco de Chile (BCH) has seen a 20.60% gain since January and 21.16% over the past year with strong financial performance. The bank offers comprehensive financial services, backed by significant …
Banco de Chile: Strong Performance and Positive Outlook Amid Market Volatility Read More
MTN Group’s CEO Ralph Mupita emphasizes serious concerns regarding operations in Sudan, driven by civil conflict. The company reports an 18.5% decline in service revenue related to regulatory issues in …
MTN Group CEO Highlights Ongoing Concerns Regarding Sudan Situation Read More
Absa Group has appointed Kenny Fihla, former CEO of Standard Bank of South Africa, as its new Chief Executive Officer. This leadership change is seen as a strategic move to …
Kenny Fihla Appointed as New CEO of Absa Group Read More
Fitch Ratings indicates that South Africa’s budget poses challenges to debt stabilization due to persistent deficits and economic pressures, necessitating fiscal reforms for investor confidence. Fitch Ratings has expressed concerns …
Fitch Ratings Highlights Challenges in South Africa’s Budget and Debt Stabilization Read More
Oracle Corporation is negotiating with the Indonesian government to develop a cloud services center on Batam Island, aiming to expand in Southeast Asia and strengthen its tech infrastructure amid Indonesia’s …
Oracle’s Strategic Cloud Services Center Initiative on Batam Island Read More
As of March 11, 2025, the US dollar was valued at $157.61, down by eleven cents, while the Canadian dollar rose to $109.91. The British pound fell to $202.18. Amidst …
Forex Update: US Dollar Valuation and Economic Outlook in Jamaica Read More