Fund managers and bankers leaving Hong Kong for alternative financial centres have been asked to explain their decision to a range of government agencies amid concerns that Beijing’s national security …
Amid crisis, Hezbollah ‘bank’ a lifeline for some Lebanese
Clients can also set up accounts to deposit money, which is then used to finance the loans. The association operates under Islamic rules forbidding interest. Lebanon’s economic and financial crisis is …
Climate change: Hong Kong’s government raises US$2.5 billion as it prices Asia’s first ever 30-year sovereign green bond
Hong Kong plans to issue up to US$12.9 billion in green bonds under programme announced nearly three years ago.
Taiwan economy seen growing 3.61% in fourth quarter on boost from exports
Taiwan’s largest trading partner China registered faster-than-expected economic growth in the fourth quarter of last year, with GDP up 6.5% year-on-year.
Taiwan Lantern Launch for the Traveler’s Dream
Taiwan has a story to tell. To raise awareness about Asia’s off-the-radar destination while travelers are dreaming about future travel plans, Taiwan Tourism Bureau has launched a campaign for Bay Area …
Laos aims for 4% GDP growth in five-year economic plan
The communist government of the Southeast Asian country of Laos is targeting annual economic growth of 4% in its five-year socio-economic plan to 2025, which aims to maintain growth and improve …
Laos promotes PM Thongloun as leader of communist party
The Lao People’s Revolutionary Party has elected Prime Minister Thongloun Sisoulith, 75, to the communist country’s top post of secretary-general, in a move that is expected to increase the party’s …
Laos elects PM to top job of secretary-general
Given the heavy repayment burden, analysts warn that Laos may default on some of its obligations. The Financial Times reported in September last year that Laos had asked China to restructure its debt.
Oman bars expats from certain jobs amid economic downturn due to coronavirus
Oman announced Sunday it will bar expatriates from certain jobs in an effort to create more employment opportunities for its citizens amid an economic downturn due to the coronavirus pandemic. In a …
Laos aims for 4% GDP growth in five-year economic plan
The communist government of the Southeast Asian country of Laos is targeting annual economic growth of 4% in its five-year socio-economic plan to 2025, which aims to maintain growth and improve …