With country bitten by sanctions and Covid-19, leader wants to project strength with a home-building spree in central Pyongyang …
Micro-finance firm aims to hike loan portfolio to P8.5 billion by 2023
Reinforcing its commitment to help alleviate poverty particularly this pandemic, the Ramon Aboitiz Foundation Inc. (RAFI) Micro-finance Inc. vowed to increase its loan portfolio to at least P8.5 …
Bangladesh: Accord signs co-operative agreement with Intl. Finance Corporation to provide loans for RMG factory safety improvements
Corrective action plans (CAPs) are developed to identify safety hazards at each factory…The IFC program…will provide $50 million in affordable terms loans to help fund RMG factory safety …
IHRB report shows Covid exacerbated income inequality, asset depletion for Bangladesh garment factory workers
During lockdown, UC Berkeley’s Dr Banerjee Saxena says, it’s important to ensure worker safety, establish mechanism for worker protection in case of job losses, and create financial mechanisms to …
Pakistan’s economy needs sustainable growth
Pakistan’s economy performed beyond expectations with all major macroeconomic indicators showing a positive trend amid the covid-19 pandemic, resulting in a 3.94 percent economic growth rate this fi …
China Finance Online Announces Management Changes
China Finance Online Co. Limited (“China Finance Online”, or the “Company”, “we”, “us” or “our”) (NASDAQ GS: JRJC), a leading …
China making loans to other countries gives them ‘enormous’ global power: Dick Bove
Odeon Capital Group chief financial strategist Dick Bove discusses China’s strategy for gaining influence and power by lending countries money.
Kuwait political standoff escalates in game of musical chairs
Kuwaiti opposition lawmakers intent on questioning the prime minister were on Tuesday obstructing parliamentary business by occupying ministers’ seats, escalating a standoff between the appointed …
Protesters again demonstrate in quiet Oman over poor economy
Dozens of protesters angry over firings and the poor economy of Oman marched through a major city Tuesday, marking a third day of demonstrations in the typically subdued sultanate. The protests took …
Singapore Maintains 2021 GDP Outlook Despite Virus Setback
Singapore stuck to its economic growth forecast for this year, seeing past the impact of restrictions imposed to stem an uptick in Covid-19 cases while flagging that the global course of the pandemic …