Oman started selling US dollar-denominated multi-tranche bonds on Thursday, a document showed, as the debt-burdened Gulf oil producer seeks fresh funding to cover a large fiscal shortfall. For all the …
Oman back to debt markets with multi-tranche dollar bond offering
Oman started selling U.S. dollar-denominated multi-tranche bonds on Thursday, a document showed, as the debt-burdened Gulf oil producer seeks fresh funding to cover a large fiscal shortfall.
Singapore’s Budget 2021 to be more targeted as govt dials down financial support
Next month’s Budget is expected to target sectors hit hardest by the pandemic, but overall spending will be reined in after extensive support measures were rolled out last year.
Turkey, Azerbaijan, Pakistan agree to boost cooperation
The foreign ministers of Azerbaijan, Turkey and Pakistan issued a joint declaration Wednesday following the Second Round of Trilateral Dialogue of the Ministers of Foreign …
Cambodia begins mass ‘show trial’ of opposition figures and activists
Cambodia has begun a mass trial of politicians and activists, in what human rights groups described as an attempt by the country’s leader to wipe out his remaining opposition while the world is …
How China is gobbling up Nepal
On December 20 last year, Nepal plunged into a political crisis after Prime Minister KP Sharma Oli, known for his pro-Beijing leanings, in a surprise move, recommended to dissolve the Parliament amid …
Saudi Arabia’s open banking plans could ‘revolutionize’ opportunities for fintech
The move could open the market to numerous fintech services, spurring competition and increasing users’ options when it comes to managing their own finances.
Joint Government-UN Meeting on Myanmar’s LDC graduation
Myanmar is one of the five countries that will be reviewed by the Committee for Development Policy (CDP) in February 2021 and may be recommended for graduation from the category of least developed …
How to become a successful digital banker in Thailand
The global pandemic has spurred digitization across the financial sector globally, and Thailand is no exception. While the country is yet to see independent virtual banks, digital payments are being …
Turkey’s State-Owned Banks Cut FX Risks as Backdoor Policies End
Turkey’s state-owned banks have slashed the gap between their foreign-currency assets and offshore liabilities in a fresh signal that the government will follow through on pledges to reverse …