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Posted on May 29, 2020

Sri Lanka calls for development centric external funding

Sri Lanka has called for development centric external funding and space through a decent haircut by official creditors. President Gotabaya Rajapaksa, speaking from the Presidential Secretariat at the …

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Posted on May 29, 2020

Malaysia’s Stocks Set for Bull Market as Glove Makers Surge

Malaysian stocks are set to enter bull territory as glove makers extend their record rally. The FTSE Bursa Malaysia KLCI Index gained 0.9% as of 4:08 p.m. in Kuala Lumpur, extending its gain from a …

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Posted on May 29, 2020

Iraq can now Wrest its Sovereignty from Iran

By Hamdi Malik for Foreign Affairs . Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News . Mustafa al-Kadhimi (pictured), Iraq’s new prime …

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Posted on May 29, 2020

Thai Airways appoints planners for business rehabilitation

Thai Airways International has appointed five people, including one of its former presidents, to jointly hold the position of plan preparer during its business rehabilitation process. The carrier’s …

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Posted on May 29, 2020

Record Flood of New Deposits Is a Problem for Thailand’s Banks

Thais are turning to banks as a safe haven, adding deposits at a record pace in the Covid-19 era. While that’s a vote of confidence, the lenders are likely to face a hard time putting all the funds to …

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Posted on May 29, 2020

Turkey Avoids Contraction With Consumption Leap Before Virus

Turkey’s economy clocked one of the fastest expansion rates among peers in the first quarter thanks to a surge in consumption before a lockdown to slow the coronavirus outbreak began to take hold.

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Posted on May 29, 2020

Philippine Stocks Jump as Bank Reserves, Lockdown Eased

Philippine stocks advanced the most in two months, as looser reserve requirement rules and a relaxation of lockdown restrictions in the capital region spurred hopes of a less prolonged and severe …

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Posted on May 29, 2020

Optimization of Business Environment Stimulates the Recovery of the Economy in Changsha, China

Changsha, the capital city of Central China’s Hunan province, issued multiple policies on optimization of business environment to stimulate a strong economic and social recovery.

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Posted on May 29, 2020

China says non-peaceful action on Taiwan is last resort

Li Zhanshu, who is the head of China’s parliament, said Beijing will use force as a last resort.

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Posted on May 29, 2020

May sees a huge spike in Covid-19 cases

After recording the biggest jump of five new cases within 24 hours on May 14 and three cases each on May 22, 24 and yesterday, Bhutan today has 31 Covid-19 positive cases, one of the lowest in the …

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