APEC 2017: New jobs needed in automated world World

APEC 2017: New jobs needed in automated world

The APEC economies should create conditions for people who lose jobs due to automated manufacturing to move to other areas where they will work at their homes or on e-commerce platforms, said Victoria Kwakwa, Vice President of the World Bank.

Heads roll in wave of bank woes

The banking industry has experienced a roller-coaster year, with concerns over the sector's liquidity and pressure on high interest rates adding to a long list of woes.

IFC gives more financial support

The International Finance Corporation (IFC), a member of the World Bank Group, has expanded a trade finance line to 30 million USD for the Vietnam International Commercial Joint-Stock Bank (VIB) at a time when global liquidity is tightening.