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Category: FINANCE

Posted on July 5, 2021

Indonesia finmin sees 4-5% GDP growth in H2 under moderate coronavirus scenario

Indonesia’s economy is expected to grow between 4% to 5% in the second half of 2021 assuming a moderate scenario of coronavirus restrictions being eased by August, Finance Minister Sri Mulyani …

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Posted on July 5, 2021

Indonesia turns to telemedicine for COVID-19 as hospitals struggle

Indonesia will provide free telemedicine services to coronavirus patients with mild symptoms, its health minister said on Monday, in an effort to reduce pressure on a healthcare sector inundated by …

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Posted on July 5, 2021

Are China’s banks going cool on coal power plants in Africa?

Coal developers in Africa may be forced to find alternative sources of financing or shift into solar and hydro , as Chinese lenders gradually shy away from plants powered by the fossil fuel , …

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Posted on July 5, 2021

Swiss ambitions and the impetus in Qatar ties

Switzerland was recently ranked by the European Innovation Scoreboard as the most innovative business location in Europe. Next year, we celebrate 50 years of diplomatic relations with Qatar …

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Posted on July 5, 2021

Saudi Energy Minister Pushes Back on UAE Opposition to OPEC+ Deal

Saudi Arabia’s energy minister pushed back on Sunday against opposition by fellow Gulf producer the United Arab Emirates to a proposed OPEC+ deal and called for “compromise and rationality” to secure …

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Posted on July 5, 2021

Saudi Energy Minister Pushes Back on UAE Opposition to OPEC+ Deal

Saudi Arabia’s energy minister pushed back on Sunday against opposition by fellow Gulf producer the United Arab Emirates to a proposed OPEC+ deal and called for “compromise and rationality” to secure …

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Posted on July 5, 2021

Public employees to receive salary before Eid Al Adha — Finance minister

Finance Minister Mohamad Al-Ississ on Sunday decided to disburse public employees’ salaries before the Eid Al Adha holiday, expected to start on July 20.The ministry, in a statement carried by the …

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Posted on July 5, 2021

People’s Merchant Finance achieves a profit of Rs.100 mn after an eight-year loss

People’s Merchant Finance PLC (PMF) achieves its most significant milestone and a financial triumph by earning a profit before taxation of Rs. 100 million in the financial year 2020/21.Historically, …

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Posted on July 5, 2021

China’s Local Governments Roll Over More Debt to Ease Risks

Local governments in China have more than doubled bond sales to roll over maturing debt this year, helping to ease their repayment risk.

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Posted on July 5, 2021

Radio Pakistan to be completely digitalized: NA informed

During the course of proceedings today, the house approved nine demands for grants pertaining to the Ministry of Information and Broadcasting, National Food Security and Research Division, National …

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