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Indonesia: Building The Future Of Southeast Asia

Global Finance

Several global financial institutionsincluding the World Bank, the International Monetary Fund (IMF), and the Asian Development Bankestimate that Indonesias economy will grow within the range of 5% to 5.1% Indonesia is a substantial and growing market for us. By 2045, the World Bank expects 317 million people. Itll get to $3.65

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COP29: Climate Finance Takes Center Stage

Global Finance

It will range from protecting biodiversity to capacity-building for carbon markets to climate education and youth action to inclusiveness for Indigenous people and other marginalized groups. COP29 has already called for a sixfold increase in global energy storage by 2030, to 1,500 gigawatts of capacity. “To

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How do banks navigate the trinity of costs, compliance, and innovation?

Global Finance

Efficiency remains at play, but compliance and innovation scores Globally, banks have been focused on reducing costs this past year. Regulatory compliance has become a top priority for banks as they navigate an increasingly complex regulatory landscape related to AI, resilience, and open banking. Another example is ANZ Bank.

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Qatar: Bold Leap Into New Technologies

Global Finance

In November, S&P Global Ratings reaffirmed its AA/A-1+ rating with a stable outlook, noting that Qatars fiscal and balance of payments positions remain strong, underpinned by its large hydrocarbon reserves, leading position in the global liquified natural gas market, and substantial assets accumulated in the sovereign wealth fund.

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Green Flag For Sports Investment

Global Finance

The sports market for the region is primed for a 16.5% compound annual growth rate (CAGR) from 2023 to 2030, according to consultancy Grand View Research. Qatars sports market alone is projected to hit $3.7 The sectors market value is projected at $22.4 the same year, according to the World Bank.

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Kuwait: Balancing Revenue Growth With Stability

Global Finance

While the World Bank projects GDP growth will surpass 2% this year, recent calls from US President Donald Trump to cut global oil prices are pressing Kuwait to accelerate its diversification efforts. But some legislation has been approved, signaling momentum toward reform. Last year, $8.7 billion for 124 projects.

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Stars Of China 2024: Innovation Nation

Global Finance

The People’s Bank of China (PBoC) conformed by cutting mortgage rates, injecting cash into the banking system, and easing reserve requirements. Meanwhile, banks across the country are responding to difficult times with an unprecedented wave of innovation. trillion) in assets. trillion) in assets.

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