Hong Kong’s finance chief has warned unemployment will reach a record high in official figures laying bare the full-year impact of the coronavirus pandemic, as he predicted worse could be in store for …
Hong Kong Finance Chief Expects Jobless Rate to Top 16-Year High
Hong Kong’s unemployment rate for the three months ended December is likely to exceed the highest level in 16 years because of the impact of tightened coronavirus restrictions, Financial Secretary …
Hong Kong finance chief warns of jobless rate spike as epidemic continues
Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said here on Sunday that the jobless rate in Hong Kong will climb further as businesses and workers …
KIB appoints Manal Al Rubaian as Deputy General Manager of Internal Audit Department
Al Rubaian joins KIB with over 12 years of experience in Islamic finance. Most recently, she held the position of Head of Internal Audit at Al Rajhi Bank in Kuwait, after having sereved as Senior …
Institutional changes in Oman ‘to back reforms pace’: S&P
“The measures include the sultan renouncing his official titles of finance and foreign minister and central bank … to under the newly established Oman Investment Authority, and PDO from the …
Israel economy likely to grow 4.6% in 2021, says finance minister
Israel’s economy is likely to grow by 4.6% this year, the Finance Ministry said on Sunday in a forecast reliant on continuation of rapid COVID-19 inoculations and a drop in the infection rate. In a …
Israel to Begin Reopening Economy in February, Minister Says
Israel will begin gradually reopening its economy from February, and much of it will be active by March, Finance Minister Israel Katz said on Sunday.
S. Korea’s economy anticipates synergy with ‘Bidenomics’
As the United States is set to inaugurate Joe Biden as president this week, South Korea’s economy is expected to gain momentum from the upcoming US administration’s pump-priming programs and trade …
How healthy is the economy and the financial system?
In a one on one discourse with this paper’s editor-in-chief, Wilfredo Reyes, Mr. Diokno assured the public that the worst is over and that our financial system is healthy. In the past, the Philippines …
The changed world of Philippine property
Prior to the pandemic, the Philippine property landscape was a bustling hub of investment. In fact, on the back of the government’s continued infrastructure investment, increased development of …