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Economy
LIBERIA: HPX ANNOUNCES STRONG SUPPORT FOR U.S. GVT. CONSIDERATION OF MULTI-USER REGIONAL…
MONROVIA, August 27, 2023 (LDW) – High Power Exploration Inc (“HPX”) Chief Executive Officer Bronwyn Barnes today announced the company’s strong support for the United States…
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Liberia makes Significant Progress in Fiscal Transparency
Liberia has made significant progress towards meeting fiscal transparency, the United States Bureau of Economic and Business Affairs has said in its 2023 Fiscal Transparency Report.…
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LIBERIA: LBDI appoints New CEO
The Board of Directors of the Liberian Bank for Development & Investment (LBDI) has appointed Christian N. Allison, II, as the bank’s new CEO, effective July 1, 2023. Mr. Allison…
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LIBERIA: GoL, AFDB sign US$3.9M Grant Agreement to upgrade CBL Payment Infrastructure System
The Government of Liberia(CBL) and the African Development Bank(AFDB) recently signed a grant agreement in the amount of US$ 3.9 million for the upgrade of the Central Bank of Liberia…
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Liberians urged to reduce importation and build the country’s economy through the production of…
By: Blamo N. Toe
The Management of OBT Shipping Group has called on Liberians to reduce importation and build the country’s economy through the production of goods and services, as…
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LIBERIA: 90% OF GOVERNMENT DEBTEES REJECTED
The General Auditing Commission(GAC) has completed and submitted to the National Legislature Audit of the National Domestic Debt for the period January1, 1980 to December31, 2021.…
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CBL predicts Risk-Free Environment for Liberian Businesses
The CBL had earlier introduced and operated series of digital banking platforms to tackle issues of financial security between commercial banks and local businesses.
The Director of…
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Delinquent Borrowers to face Grave Action If…
The Central Bank of Liberia (CBL) warns all delinquent borrowers of commercial banks that failure to regularize their indebtedness by the end of March 2023 will lead to grave…
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GoL negotiates reduction of Rice Price for Firestone Workers
The Government of Liberia(GoL), through the Ministry of Labour, has succeeded in negotiating a reduction in the price of rice for workers of the Firestone Rubber Plantation Company.…
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UCI Represents More Than 60% of Wheat Distribution in Liberia
The United Commodities Inc. (UCI) has announced that the company is the sole distributor of FAB/Wheat Flour on the Liberian market. In a press statement, the company says it represents…
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