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Posted on August 26, 2020

No funds available: Depositors at India’s PMC Bank survive on loans, charity

In February, 82-year-old Kishan Lal appealed to India’s finance minister for help, saying in a Twitter message he was ready to donate his kidney and eyes if someone could help arrange funds to treat …

( read original story …)



Posted on August 26, 2020

China state-owned firms’ Jan-July profits down 30.4% y/y – finance ministry

July period fell 30.4% from a year earlier to 1.48 trillion yuan ($214.34 billion), the finance ministry said in a statement on Wednesday.

( read original story …)



Posted on August 26, 2020

Iraq Says Gas Imports from Iran to Continue for Next 5 Years

But a halt to imports from Iran will come no sooner than five years from now … President Donald Trump said US companies were involved in many prospects in Iraq’s oil business. Ahead of Kadhimi’s …

( read original story …)



Posted on August 26, 2020

COVID-19 brings three-decade economic boom to a sudden halt in Vietnam

Vietnam has known only good — or great — economic news. The nation’s consistent growth as an exporter, propelled by Communist l …

( read original story …)



Posted on August 26, 2020

Manila Water ends bottled water business

Manila Water Co. Inc. on Wednesday said it is shutting down its purified water business, citing hefty losses that made sustaining operations in a highly competitive bottled water market difficult.

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Posted on August 26, 2020

Hit by Covid-19: Pakistan’s export sector lacks credit, financing facilities to revive business

Pakistan’s export sector has been badly hit by the Covid-19 outbreak and lacks credit and financing facilities needed to revive business and trade, said experts from the business and finance industry.

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Posted on August 26, 2020

‘Pakistan’s economy set to grow’

Shedding light on the challenges faced by businessmen, the governor said all concerns of the business community were genuine and resolution of the issues would help to boost the national economy …

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Posted on August 26, 2020

Pakistan, China agree to boost industrial cooperation under CPEC

Speaking at a consultative forum on draft framework agreement on industrial cooperation on Tuesday, Board of Investment Chairman Atif R. Bokhari said that the first phase of CPEC required leading role …

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Posted on August 26, 2020

OYO Indonesia reports jump in occupancy, aims to settle refunds swiftly

The company claims it has processed around 85 percent of the 5,000 refund requests received in the last three months.

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Posted on August 26, 2020

BlackRock: China Will Continue to Be a Growth Engine

Ben Powell, chief Asia Pacific investment strategist at BlackRock Investment Institute, shares his views on Asian stocks, economies, and emerging-market debt. He speaks with Manus Cranny and Yousef …

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