Sri Lankan shares closed higher on Monday, helped by financial and industrial stocks, continuing a winning streak in which the benchmark index notch fourteen straight sessions of gains.
Exclusive: India’s budget seen raising import duties by 5%-10% on dozens of items, sources say
India is considering hiking import duties by 5%-10% on more than 50 items including smartphones, electronic components and appliances in the upcoming budget, three government sources privy to the …
Thailand Police Nab $66 Million Forex-3D Ponzi Scheme Kingpin
The authorities in Thailand have arrested the mastermind of Forex-3D Ponzi scheme, Apiruk Kothi, on Monday over a year after the issuing of a warrant against him.
Nirmala Sitharaman holds pre-Budget meeting with state finance ministers
Budget deliberations, finance minister Nirmala Sitharaman on Monday held a meeting with state finance ministers who suggested steps to …
Turkey’s economy to grow 4% in 2021 as inflation dips below 12% – Reuters poll
Turkey’s economy will grow 4.0% in 2021, rebounding well from a slump brought on by the coronavirus pandemic, while inflation was seen falling to 11.6% due to tight monetary policy, according to a …
Mobile financial services: Strengthen compliance with anti-money laundering, anti-terror financing measures
This has facilitated the growth of the Mobile Financial Services (MFS) industry, especially in countries like Bangladesh that have a large pre-existing customer base. It needs to be mentioned that as …
Tehran hosts 14th Iran-Azerbaijan Joint Economic Committee meeting
Azerbaijan Joint Economic Committee was held on Monday at the place of the Iranian Ministry of Finance and Economic Affairs in Tehran, IRIB reported.
Brunei: More undeclared meat, products held; records 1.7% trade drop in Oct 2020
Enforcement officers of the Halal Food Control Division at the Syariah Affairs Department along with the Royal Customs and Excise Department seized more raw meat without the Halal import permit on …
Ithmaar says advisors start work on sale of Bahrain banking ops to BBK
Dubai-listed Ithmaar Holding has announced that its advisors have started preparations for the potential sale of the Bahrain operations of its banking unit. In a filing to Dubai Financial Market, …
Reed Smith Singapore Managing Partner Defects to HFW
Reed Smith’s Singapore managing partner Peter Zaman has left the firm to join HFW. Zaman has over two decades experience and had been based in Singapore since 2016. He joined Reed Smith in London in …