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Category: FINANCE

Posted on August 5, 2021

Cambodia doesn’t want to depend on the dollar anymore — and its centralised cryptocurrency already has 5.9 million users

Cambodia has embarked on an ambitious project to grow its CBDC called Bakong. The end goal is to reduce dependence on the US dollar. Bakong works seamlessly with Cambodia’s legacy payment solutions …

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Posted on August 5, 2021

Nisun International Signs Agreement to Receive Bank Credit Support from China Everbright Bank

Nisun International Enterprise Development Group Co., Ltd (“Nisun” or the “Company”) (Nasdaq: NISN), a provider of innovative comprehensive solutions through an integration of technology, industry, …

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Posted on August 5, 2021

Sri Lanka walks back fertiliser ban over political fallout fears

Sri Lanka’s government on Thursday walked back the lifting of an import ban on most chemical fertilisers over fears of a political fallout, despite warnings from farmers of food shortages and severe …

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Posted on August 5, 2021

As China’s recovery wobbles, economists expect more policy easing

China may need more monetary and fiscal easing to halt an economic slowdown in the wake of torrential rains and flooding, and authorities’ tough response to outbreaks of the highly-transmissible …

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Posted on August 5, 2021

Malaysia to stop using daily Covid-19 cases as metric to ease curbs for states

The government will instead use Covid hospitalization rate as one of the three indicators to allow states to move to the third and the final phase of the plan, Finance Minister Tengku Zafrul Abdul …

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Posted on August 5, 2021

China tech crackdown: From Jack Ma’s disappearance to online tutoring debacle

Chinese technology giants once seemed untouchable, with billions of profits through aggressive expansion. But that status is now more uncertain The post China tech crackdown: From Jack Ma’s …

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Posted on August 5, 2021

Malaysia continues to lead global Islamic economy indicator for seventh year

According to Mahmud, Malaysia has 6,727 companies with halal certification, of which 1,507 are exporters and over 1,300 are SMEs.

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Posted on August 5, 2021

Explainer-What China Keeps in Its Secretive Commodity Reserves

China is the world’s largest user of commodities … featuring tips and expert insight on all things money: personal finance, careers, investing, real estate and more. Investing for Retirement …

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Posted on August 5, 2021

IsDB And Bloomberg LP Collaborate To Empower Future Banking And Finance Leaders In Nine Countries

The Islamic Development Bank (IsDB) and Bloomberg LP will work together to deliver a financial education program for university students in nine countri …

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Posted on August 5, 2021

Islamic Development Bank, Bloomberg LP launch financial education programme across 9 countries

The Islamic Development Bank (IsDB) and Bloomberg LP will partner to deliver a financial education programme for university students in nine countries across the Middle East, Africa and Asia. The nine …

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