Bangladesh
Thailand and Bangladesh have signed a letter of intent to accelerate discussions on a bilateral free-trade agreement. Additionally, both countries signed a joint visa-exemption agreement
May 10, 2024
Thailand and Bangladesh have signed a letter of intent to accelerate discussions on a bilateral free-trade agreement. Additionally, both countries signed a joint visa-exemption agreement
Thailand’s state-owned banks will reduce lending rates by 25 bps starting May 1, a move initiated by PM Thavisin to alleviate financial pressures on retail
Vietnam’s central bank has not discussed the possibility of raising interest rates. Still, the bank has been encouraging lower lending rates for priority sectors, with
Russia’s central bank (CBR) held interest rates at 16% on Friday. The CBR rhetoric implied a longer period of elevated rates as the economy and
Armenian PM Pashinyan communicated to US Secretary Blinken about the Armenian-Azerbaijani peace process. The PM spoke positively about the process of the demarcation of the
Thousands of people rallied Sunday in Georgia’s capital, demanding the government revoke a controversial “foreign influence” bill, which the EU has warned would undermine European
The IMF and Uzbekistan discussed the country’s accession to the WTO. The IMF team acknowledged the success in achieving long-term economic growth and increasing the
Hamas released a video on Saturday showing two hostages alive as it considered Israel’s latest ceasefire proposal. Earlier, the US and 17 other countries urged
Lebanon’s parliament postponed municipal elections for the third time in two years. This delay comes as militants in the south of the country continue to
Botswana’s central bank maintained its policy rate at 2.4% amid expectations of continued low inflation, which is forecasted to temporarily remain below the target range
The IMF anticipates that Egypt will raise approximately USD 639 mln from the sale of two state assets in Q2 2024. That comes as the
In Kenya, the military has been mobilized to assist with rescue operations following severe rainfall that has resulted in significant flooding and the deaths of
Nigerian banking stocks have plummeted over 25% after the central bank introduced a new capital requirement, setting the minimum at 500 bln naira, with a
Nigeria announced plans to establish a USD 10 bln diaspora fund to attract investments from Nigerians living abroad to enhance infrastructure, healthcare, and education sectors.
Support for South Africa’s ruling African National Congress (ANC) has continued to wane ahead of next month’s elections, according to a recent Ipsos poll. The
Argentina’s central bank President and Finance Secretary will meet with China’s central bank Governor in Beijing amid negotiations over a USD 18 bln swap line.
Moody’s downgraded Bolivia’s credit rating to Caa3 from Caa1, with a stable outlook, citing severe external liquidity pressures and a growing balance of payment crisis.
The IMF endorsed a new two-year Flexible Credit Line (FCL) arrangement for Colombia, valued at approximately USD 8.1 bln. This facility, which Colombia plans to
The World Bank issued a USD 150 mln catastrophe bond for Jamaica, renewing the 2021 IBRD CAR 130, the first cat bond sponsored independently by
Fitch affirmed Peru’s rating at BBB, with a Negative Outlook due to persistent political uncertainties which dampen private investment and economic growth. The agency noted