Thailand
Thai banks, such as Krungthai Bank and Siam Commercial Bank, have been offering attractive interest rates on USD deposits, notably around 5.1% to 5.2% for
January 15, 2024
Thai banks, such as Krungthai Bank and Siam Commercial Bank, have been offering attractive interest rates on USD deposits, notably around 5.1% to 5.2% for
Taiwan’s Vice President Lai Ching-te won the presidential election, a result that may increase tensions with Beijing, which views Taiwan as a breakaway province. Lai’s
Pakistan received final approval for a USD 700 mln disbursement from the IMF, a critical boost for its economy ahead of upcoming elections. Pakistan’s economy
Myanmar’s junta has reached a temporary cease-fire with rebel groups following talks facilitated by China. The agreement aims to end over two months of conflict
India’s inflation rate accelerated to a four-month high due to rising food prices, aligning with the central bank’s (RBI) cautious approach to maintaining higher interest
China’s central bank injected a net of CNY 216 bln into the banking system through a one-year MLF, keeping the interest rate steady at 2.50%.
Russia is devising a legal challenge to stop efforts by the US and Europe to use some of its USD 300 bln to fund the
Russia’s inflation surprised to the downside at 7.4%, mainly due to a high base effect in utility prices, and commentators agree that upward pressure on
The EC is willing to concede on some of Hungary’s demand for Ukraine aid. The concessions include a potential annual audit of the aid and
Armenia said it is ready to provide Azerbaijan with a link across its territory to the Nakchivan Autonomous Republic on the same terms as Iran
The US and UK conducted approximately 70 airstrikes on Houthi positions in Yemen, aiming to halt the group’s attacks on shipping in the Red Sea.
Israeli PM Netanyahu, during a speech on Saturday, took a strong stance against the International Court of Justice (ICJ) at The Hague. The ICJ had
The IMF approved a new USD 1.2 bln loan program over four years for Jordan. This program replaces a previous arrangement expiring in March 2024
A preliminary agreement has been reached between the US and African nations to extend their preferential trade access for another decade, subject to Congress’s approval.
Ghana has successfully negotiated the restructuring of USD 5.4 bln in bilateral loans, paving the way for further disbursements under the IMF’s USD 3 bln
The World Bank, via the IDA, has allocated USD 420 mln to Malawi for the Regional Climate Resilience Program for Eastern and Southern Africa (RCRP).
Nigeria received USD 2.25 bln as the first disbursement of a USD 3.3 bln syndicated loan arranged by Afreximbank. This loan, sponsored by the Nigeria
Senegal’s annual inflation rate decreased slightly to 0.8% in December 2023, the lowest since April 2021, primarily due to reduced food prices. Other CPI items
The South African National Roads Agency (Sanral), a state-owned company, is set to release numerous tenders for new projects soon, with plans to advertise about
Honduras’ central bank reaffirmed the strength of the country’s international reserves, currently at USD 7.6 bln, sufficient for 5.1 months of imports. Despite this assurance,
Peru’s economy showed a modest 0.3% growth in November 2023, marking the first growth since April and contrasting with its poor performance amid political turmoil