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Category: FINANCE

Posted on June 11, 2020

Thai rice prices hit 1-month peak on strong baht, supply woes

Quotes for Thailand’s benchmark 5-percent broken rice prices rose to $505-$533 per tonne on Thursday – the highest level since early May – from $490-$512 last week. The baht hit a more than four month …

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Posted on June 11, 2020

Pakistan’s Economy Contracts For First Time In 68 Years Due To COVID-19

Advisor on Finance Abdul Hafeez Sheikh, releasing the Pakistan Economic Survey 2019-20 said the economy suffered massively due to the coronavirus.

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Posted on June 11, 2020

Coronavirus impact: Pakistan’s economy contracts for first time in 68 years by -0.38%

Advisor on Finance Abdul Hafeez Sheikh, releasing the Pakistan Economic Survey 2019-20 said the economy suffered massively due to the coronavirus pandemic which has so far infected about 120,000 …

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Posted on June 11, 2020

Pakistan Economic Survey 2020

Thursday by Advisor to the Prime Minister on Finance Abdul Hafeez Shaikh detailing the shocks to the economy due to the ongoing health crisis. Finance Advisor Hafeez touched upon the fragile situation …

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Posted on June 11, 2020

Pakistan Budget 2020-21: 18.53 million jobs to be lost if complete shutdown becomes necessary

According to that survey, the highest unemployment (11.56%) is prevalent among the age 20-24, indicating youth unemployment …

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Posted on June 11, 2020

Oman’s Taageer Finance shareholders approve up to $25.97mln bond issuance

Shareholders of Oman’s Taageer Finance Company have approved the issuance of up to 10 million Omani riyals ($25.97 million) unsecured and unconvertible secondary bonds. The issuance of secondary bonds …

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Posted on June 11, 2020

Jardine Cycle & Carriage and Cycle & Carriage Singapore ‘Step Up’ to Raise Funds for Reach Community Services Society

Through an innovative team effort, while staying within safe distancing measures, Jardine Cycle & Carriage (“JC&C;”), an investment holding company with diversified interests in market-leading …

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Posted on June 11, 2020

For UAE property, the question of renting versus owning has no easy answers

End users are wary of committing to buying when property prices are still falling COVID-19: Cancelled UAE visa – do you need to pay overstay fines? COVID-19: I had a baby but lost my job – should I …

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Posted on June 11, 2020

Nepal ruling party split over US aid threat to China relations

“We may have differences over the agreement, but it should not hurt our friendly relations and the environment for international aid,” Yuba Raj Khatiwada, the finance minister and government spokesman …

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Posted on June 11, 2020

China’s Banks Asked to Stop Funding Turkey’s Coal Industry

More than 20 non-governmental organizations have called on Chinese banks to withdraw financial support for a coal-fired power plant under construction in Turkey, citing environmental damage and a …

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