Softlogic Finance PLC is a registered finance company with the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011, as well as a Specialized Leasing Company licenced by the …
Finance minister renews calls for parliamentary approval of 3rd extra budget
SEJONG — Finance Minister Hong Nam-ki on Friday renewed calls for the National Assembly to approve the third extra budget to help revive the virus-hit economy, saying the government will spare no …
Downgrade Risks With Snap Poll Looming Roil Malaysia’s Bonds
A nascent recovery in Malaysian bond inflows could be derailed as political turmoil and the threat of a downgrade in the sovereign rating outlook deter investors.A tussle for control of the government …
Saudi Chase of $10 Billion FDI Goal Faltered Before Virus
Saudi Arabia missed its $10 billion target for foreign direct investment by more than half last year, as damage from the coronavirus pandemic and low oil prices now threatens to throw plans further …
S.Korea’s unification minister steps down over rising tensions with N.Korea
South Korean President Moon Jae-in on Friday accepted the resignation of the minister responsible for relations with North Korea, as tensions with Pyongyang rise over the activities of defectors in …
Japan Upgrades Economic View as it Starts Tentative Opening
Japan’s government slightly upgraded its assessment of the economy, saying the recession is closer to bottoming out after the lifting of a nationwide state of emergency last month allowed the slow …
Global Funds Dump India Company Bonds, Worsening Cash Crunch
Global funds have slashed holdings of India’s corporate bonds, adding to a cash crunch at local companies already facing an economic downturn.Foreign money managers have cut holdings in the notes for …
US mulling over restoring India’s status under GSP: Trump administration
US Trade Representative Robert Lighthizer told members of the Senate Finance Committee on Thursday that America is currently negotiating it with India.
Exclusive: India Plans Extra Tariffs, Trade Barriers on 300 Imported Products – Sources
India plans to impose higher trade barriers and raise import duties on around 300 products from China and elsewhere, two government officials said, as part of an effort to protect domestic businesses.
Georgia jobless rate falls in May as some return to work
Georgia’s jobless rate fell to 9.7% in May from 12.6% in April as nearly 150,000 workers reported being back on the job. The state’s unemployment rate is still sky-high compared to last year, when it …