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Posted on October 6, 2020

Philippine firms see revenue drop, shut downs amid COVID-19 crisis —World Bank survey

The COVID-19 pandemic has brought adverse impact on businesses in the Philippines such as double-digit decline in revenues and temporary and permanent closures, which compelled many firms to let go of …

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Posted on October 6, 2020

Why personal finance should be taught in schools

Today’s youth need to be aware of the financial tools and the risks involved much earlier than previous generations …

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Posted on October 6, 2020

FBR’s new SRO to affect business activities: ICCI

Sardar Yasir Ilyas Khan has expressed concerns over the SRO 924(I)/2020 issued by FBR on September 30, 2020 in order to regulate the businesses of real estate agents, accountants and jewelers to …

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Posted on October 6, 2020

India Appoints New Central Bank Policy Members After Delay

India’s government appointed three new external members to the central bank’s committee that decides interest rates following an unexplained delay that prevented a scheduled policy meeting from taking …

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Posted on October 6, 2020

Business community demands interim provincial status of GB

The Business community of Gilgit- Baltistan (GB) including federation and local chambers on Monday demanded for interim provincial status to the GB region for resolving the identity issue of the …

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Posted on October 6, 2020

Indonesia reforms a step in the right direction, but hurdles remain: Reports

SOME regulatory reforms in Indonesia could support smaller banks and make it easier for foreign companies to do business, observers have suggested. Read more at The Business Times.

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Posted on October 6, 2020

Indonesia’s Markets Rally on Move to Simplify Labor Regulations

Indonesia’s stocks and currency rallied after the nation passed a bill simplifying labor and investment rules, making it easier for companies to secure permits while exempting some dividend taxes.

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Posted on October 6, 2020

Singapore Stock Market Has A Green Light For Tuesday’s Trade

The Singapore stock market has moved higher in two of three trading days since the end of the two-day slide in which it had fallen more than 15 points or 0.6 percent. The Straits Times Index now sits …

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Posted on October 6, 2020

Hit by commodity defaults, banks in Singapore team up for digital trade registry

Some of the world’s biggest banks in commodity trade financing are creating a digital trade finance registry in Singapore to try and mitigate the risk of trade fraud and boost transparency after …

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Posted on October 6, 2020

Singapore’s Changi Airport, voted ‘world’s best,’ has dim outlook on future of travel industry

The Changi Airport Group (CAG) recently released a fiscal report covering April 2019 through March 2020, which showed shareholder profits were down 36% from the previous fiscal year despite total …

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