Countries worldwide all vie to attract inward investment based on their competitive and comparative advantages in various sectors. Few countries stand out however in how they use skills as a key incentive to get foreign direct investment – Singapore and Ireland for example. Developing countries, however, tend to focus their efforts mainly on “creating” an… Seguir leyendo Skills: The new impetus for attracting investment in the world of work.
Categoría: Economy
IDB Invest Prices $500 Million 4.750% 5-Year Fixed-Rate Bond
IDB Invest, the IDB Group’s private sector institution rated Aa1/AA+/AAA, priced a new $500 million 5-year bond under its Global Debt Program. The bond pays a semi-annual coupon of 4.750% and was priced at SOFR mid-swaps plus 54 basis points, equal to a yield of 4.759%, 33.5 basis points over the 5-year U.S. Treasury bond.… Seguir leyendo IDB Invest Prices $500 Million 4.750% 5-Year Fixed-Rate Bond
World Bank Announces New Steps to Add Billions in Financial Capacity
The World Bank is taking bold new steps to increase its lending capacity, a major boost in firepower that will give millions of people a chance to escape poverty and improve their lives. At this critical moment in history, and echoing the calls from the international community, the Bank is doubling down to tackle… Seguir leyendo World Bank Announces New Steps to Add Billions in Financial Capacity
Why the U.S. Chamber Honors America’s Top Small Business
The U.S. Chamber is recognizing small businesses that are driving economic growth, innovating and creating jobs. The U.S. Chamber is proud to recognize the very best in American small business. Our reimagined America’s Top Small Business awards (formerly Dream Big Awards), presented by Enova, honor the achievements of small businesses and highlight their contributions to America’s economic… Seguir leyendo Why the U.S. Chamber Honors America’s Top Small Business
Tracking Global Financial Stability Risks From Higher Interest Rates
Financial-sector assessments are gauging the effects of elevated borrowing costs, and the prospect that central banks may keep policy rates higher for longer than investors expect Interest-rate increases by global central banks to contain the biggest inflation outbreak in four decades generated strains for banks in the United States and Europe this year. Rate hikes are generally… Seguir leyendo Tracking Global Financial Stability Risks From Higher Interest Rates
Why Public Company Audits Should Remain Focused on Integrity of Financials
Proposed Changes to Auditing Standards Will Increase Cost and Complexity to Businesses and InvestorsIf a change in public company audit standards is adopted, it would turn public company audits into wide-ranging investigations. And the cost to investors and public companies would be sky high. Auditors help to ensure investors have accurate information to make informed… Seguir leyendo Why Public Company Audits Should Remain Focused on Integrity of Financials
J.P. Morgan Accelerates Growth Strategy for Its Global Innovation Economy Business
NEW YORK – As a part of its ongoing commitment to the Innovation Economy (IE), J.P. Morgan announced today that John China will join the firm as Co-Head of IE for Commercial Banking (CB). Based in San Francisco, China will serve alongside New York-based Melissa Smith, who is continuing her dual role as Co-Head of… Seguir leyendo J.P. Morgan Accelerates Growth Strategy for Its Global Innovation Economy Business
Why Public Company Audits Should Remain Focused on Integrity of Financials
Auditors help to ensure investors have accurate information to make informed investment decisions. Now, however, the body that oversees the practices of public auditors, the Public Company Accounting Oversight Board (PCAOB), is proposing to completely alter financial reporting. Through proposed changes to auditing standards known as NOCLAR (Noncompliance with Laws and Regulations), the PCAOB would degrade audit quality, harm… Seguir leyendo Why Public Company Audits Should Remain Focused on Integrity of Financials
Modernizing the physical infrastructure to promote economic development
Digital transformation has become a key driver for development and efficiency in all sectors, including physical infrastructure. The adoption of digital solutions offers a wide range of benefits, from improving the quality of services, to optimizing resources and promoting sustainability. Today, infrastructure in Latin America and the Caribbean presents major challenges, which will become more… Seguir leyendo Modernizing the physical infrastructure to promote economic development
America’s Small Businesses Are Fighting for GSP Renewal
Small business owner Jayme Smaldone explains how the lapse of GSP is impacting his business. Over two years have passed since the lapse of the important trade program known as the Generalized System of Preferences (GSP). While it’s been around for nearly 50 years — and Congress has renewed it repeatedly, with overwhelming bipartisan majorities… Seguir leyendo America’s Small Businesses Are Fighting for GSP Renewal