HSBC has carried out the first receivables finance transaction in Bangladesh, after the country’s regulator approved the use of the instrument. In a circular published on June 30, Bangladesh Bank says …
PPP top brass meets JUI-F’s Fazlur Rehman to discuss Pakistan’s political situation
Bilawal Bhutto and Asif Ali Zardari also congratulate Maulana Fazlur Rehman on the successful All Parties Conference …
China’s Banking Sector Faces Multiple Challenges After COVID-19
From the economic toll of COVID-19 to the long-term implications of reforms, China’s banking sector needs to tread carefully.
Death of Macau’s Casino King Comes as Gambling Hub Faces New Era
His family remains a huge part of in Macau’s gambling industry. His daughter Daisy is chairman of SJM, while his fourth wife, Angela Leong, is a co-chair. His daughter Pansy is co …
Philippine economic zone chief seeks export-oriented investors from Qatar
To date, PEZA is the Philippines’ largest one-stop-shop government agency accounting for 64 percent of the country’s exports, which contributes to 16.28 percent of the Philippine’s GDP.
Lebanon Fences Off More of Its Economy Against Currency Crisis
Lebanon is seeking to protect more of its economy from the dramatic depreciation in the local currency, fixing a subsidized exchange rate for imported food after deeming a wholesale abandonment of the …
Top U.S. Commander Sees Iran in ‘Disarray’ After Soleimani Death
The top American commander in the Middle East says he sees Iran’s decision-making abilities in “disarray” after a U.S. drone strike killed a senior Iranian commander in January, but he doesn’t expect …
Japan Companies Scoops Up Cash in Busiest Day for Bonds in 2020
Japanese companies led by Tokyo Electric Power Co. Holdings Inc. are pricing on Friday the most yen corporate bonds of any day this year, as firms build cash buffers to gird against the impact of the …
Japan to appoint Okamura as top financial diplomat – sources
Japan is set to appoint international policy veteran Kenji Okamura as its top financial diplomat representing the country at international forums such as G7/G20 meetings, five government sources with …
New Bali Flights To L.A. And San Francisco Won’t Bring Garuda Financial Paradise
Garuda Indonesia would launch new 15+ hour flights to Los Angeles, San Francisco, and Paris under a proposed strategy.