IMF Completes Egypt Review, Approves New Arrangement
The Executive Board of the International Monetary Fund (IMF) has completed the fourth review of Egypt’s economic reform program supported by the EFF arrangement. This enables the authorities to immediately draw about US$1.2 billion (SDR 922.87 million), bringing Egypt’s total purchases under the EFF to about US$3,207 million (SDR 2,420.22 million or 119 percent of quota). Egypt’s 46-month...
US Dollar Faces Weekly Losses Amid Trade Tariff De-Escalation
markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The US Dollar remained under pressure, poised to end the week in negative territory as easing trade tensions boost risk appetite. Investor sentiment improved after the US rolled back tariffs on imports from Mexico and Canada, following Wednesday’s decision to halt a planned...
Credit card balances outstanding in Singapore to grow by 4% in 2023
As Singaporeans regain confidence in their financial stability and embrace a new normal...
New Fund for Pandemic Prevention, Preparedness and Response Formally Established
The new financial intermediary fund (FIF) for pandemic prevention, preparedness, and response (PPR) was officially established by...
M&A in Singapore life insurance industry to further consolidate position of top 10 insurers in 2021
Singapore life insurance industry is highly concentrated with the...
UAE asserts Strong Climate Action equals Strong Economic Growth at Pre-COP26 Meetings in Milan
The UAE has expressed its strong support for progressive climate action...
Deal activity in Asia-Pacific declined by 27.8% in May 2021
A total of 760 deals (comprising mergers & acquisitions, private equity and venture financing deals)...
Over 60 international countries represented at ATM 2021 despite Coronavirus travel restrictions
A total of 62 countries will be represented on the exhibition floor this...
The two-day summit saw attendance from over 200+ bankers, economists, bond issuers, SWFs, institutional investors & funds, among others.
Singapore, 02 July 2019: Across two power-packed...
Representatives of international delegations at the 5th Annual POWER WEEK ASIA in SingaporeA
five days electric power & energy conference, inclusive of 2-day focal...
