financial resilience - Global Business and Finance Magazine

Engaging in Good SPIRIT: Advancing Corporate Governance Reforms of State-Owned Enterprises in Sarawak, Malaysia

GLOBAL BUSINESS AND FINANCE MAGAZINE
October 16, 2025
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In 2022, the World Bank and Sarawak State in Malaysia launched a State-Owned Enterprise (SOE) Transformation Program that was based on a systematic corporate governance review requested by the state. The initiative addressed issues raised by the Auditor General, including SOEs financial weaknesses, low dividends, poor governance, and limited state oversight. The reform focused on three areas: […]

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Uncertain times in Lebanon: How policy shocks ripple through MENA markets

GLOBAL BUSINESS AND FINANCE MAGAZINE
June 20, 2025
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Despite its small size, Lebanon’s chronic crises send financial shockwaves across the Middle East and North Africa. This column uses a Twitter-based index of economic policy uncertainty to track Lebanon’s instability and shows that it transmits financial shocks to seven MENA economies, with spillovers are strongest for Egypt, Jordan, and smaller Gulf states. Real-time policy […]