Like she had done for years, Nisrine Saleh arrived at the bank to withdraw her monthly pension, paid by Iraq’s government. Cash was missing from nearly one million retired Iraqis’ allowances in June, …
Myanmar prepared to manage further economic fallout: DASSK
The Myanmar economy is expected to deteriorate further this year as a result of COVID-19, State Counsellor Daw Aung San Suu Kyi said during a meeting with key finance ministers on June 16. She said …
Philippines, ADB sign $500-M loan accord for 4Ps program amid COVID-19 crisis
This budget-support loan under the ESAP is part of the Philippine government’s external financing program for 2020, with $450 million of the fund proposed for accelerated disbursement by next month, …
Lacson: Anti-terror bill would prevent terrorist financing in Philippines
“Kaya tayo nalagay sa partially compliant ng FATF (Financial Action Task Force), kasi napakahina ng ating batas o pagtugon sa terrorist financing. Sa Marawi lang ilang bilyon ang pumasok na pera roon …
Convicted Philippine Journalist Ressa: We Won’t Be Silenced
Maria Ressa, chief executive officer and executive editor of news site Rappler Inc., discusses her conviction of cyber libel for publishing in 2012 what the court said was a defamatory report against …
Philippines eyes to raise P400B from loans for COVID-19 recovery efforts
The Philippines will borrow at least P400 billion to support the COVID-19 economic recovery efforts, an official of the Department of Finance said Tuesday. Finance Assistant Secretary Antonio Lambino …
Bangladesh can share crucial knowledge on locally led adaptation
Bangladesh formally took over the leadership of the group of nearly 50 countries in the Climate Vulnerable Forum (CVF) for the next two years.
China’s JD.com to Start Trading in Hong Kong on June 18
Alicia Yap, head of Pan Asia internet research at Citigroup Inc., talks about the upcoming Hong Kong trading debut of China’s No. 2 online retailer JD.com Inc. The company, which is already listed on …
Atiku fears Nigeria is headed for financial ruin under Buhari
In a statement on Tuesday, June 16, 2020, he expressed shock at Nigeria’s Q1 2020 financial reports in the Medium Term … as has occurred in Sri Lanka and the Maldives,” he said. The former vice …
Finance chief quits over Amanda Staveley comments
The head of the banking industry’s lobby group UK Finance has resigned over comments he made in 2008 about high profile financier Amanda Staveley. Stephen Jones was then a senior banker at Barclays, …