The Monetary Board of the Central Bank of Sri Lanka (Monetary Board) has decided to cause Director, Supervision of Non-Bank Financial Institutions to make an application to a competent court for the …
Sri Lanka pleads for debt rollover as economy falters
COLOMBO: Recession-hit Sri Lanka appealed Tuesday for international investors to roll over bonds maturing this …
Vietnam, Germany beef up economic links
Germany Joint Committee for Economic Cooperation that was held virtually. Photo: MoIT Germany will make all-out efforts to push ahead with the implementation of trade and industry cooperation deals …
Philippine mobile wallet Gcash raises $175 million
Globe Fintech Innovations, Inc. (“Mynt”), the Fintech arm of Globe Telecom and operator of the country’s preferred mobile wallet in GCash, has attracted fresh capital investment from ASP Philippines …
Japan Posts Current Account Surplus of $18.03 Billion in November
Japan recorded a current account surplus of 1.88 trillion yen ($18.03 billion) in November, marking the 77th straight month that the balance of payments has shown a surplus, the Japanese government …
Bangladesh seeks five years to get ready for graduation to developing nation
Bangladesh has sought the facilities reserved for the least developed countries for five years for preparations after graduating to the developing nation bracket.
China Nears Approval of Its First Public REITs to Ease Debt
China plans to approve its first real estate investment trusts to help local governments finance infrastructure projects while allowing retail investors to tap into what may become a $3 trillion …
Armenia’s losses in economy and social sphere to be catastrophic – Russian political strategist
This world is now created with certain success.” While speaking about the fact that at the moment among the representatives of the authorities in Armenia there are people either from the Soros …
Armenia to go through “Great Depression” in 2021
Under the interstate agreement, Moscow will allocate $1.15 billion to Yerevan to cover the debt generated as a result of arms supplies to Armenia during the Karabakh war in autumn 2020, Trend reports …
Experts discuss how Singapore’s pandemic recovery can drive regional sustainability
As Singapore recovers from the effects of the Covid-19 pandemic, it has the rare opportunity to accelerate its sustainability efforts not only at home but also in the region, said experts during a …