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Category: FINANCE

Posted on January 10, 2021

Hong Kong finance minister lays out plan to maintain or even boost public spending in next month’s budget, despite mammoth deficit

Paul Chan says he plans to maintain spending levels to protect living standards as coronavirus ravages the economy, despite stark decline in government’s finances.

( read original story …)



Posted on January 10, 2021

Jordan- INJAZ boosts youth employability in four governorates with hands-on training

Armed with a new set of skills that help them navigate a crowded labour market, a group of young people, job coaches and host entities from Karak, Balqa, Tafileh and Madaba governorates shared their …

( read original story …)



Posted on January 10, 2021

Jordan- Cabinet approves corporate, individual tax settlements

The Council of Ministers Saturday endorsed settlements to outstanding tax dues of 284 companies and individuals.
The decision comes upon a recommendation of an ad hoc committee, which was tasked …

( read original story …)



Posted on January 10, 2021

Saudi Cut to Boost Oil Market De-Stocking, Even as Demand Falters

Saudi Arabia, the world’s biggest oil exporter, surprised the market on Jan. 5 with a voluntary output cuts of 1 million barrels per day (bpd) in February and March. The move came as the Organization …

( read original story …)



Posted on January 10, 2021

Saudi Cut to Boost Oil Market De-Stocking, Even as Demand Falters

Saudi Arabia, the world’s biggest oil exporter, surprised the market on Jan. 5 with a voluntary output cuts of 1 million barrels per day (bpd) in February and March. The move came as the Organization …

( read original story …)



Posted on January 10, 2021

China and the chaos theory of finance

Will China have a financial crisis? And if so, would Chinese people be any worse off? The answers are not found in the country’s rapidly rising levels of debt, but in the potential for chaos when …

( read original story …)



Posted on January 10, 2021

Vietnam to begin work on international financial center in earnest

The country now has “a once in a lifetime opportunity” to establish an international financial center (IFC), and major cities like Ho Chi Minh City and Da Nang should start hiring consultancies and …

( read original story …)



Posted on January 10, 2021

Finance ministry rules out raise in salaries

The finance ministry has once again ruled out the possibility of immediately increasing salaries and perks of civil servants despite a threat of indefinite strike by over five-dozen government …

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Posted on January 10, 2021

Opinion: Digital finance firms in China, like Ant Group, need to be regulated

Technology and data access have made it easier for companies to provide loans to people who previously couldn’t get them …

( read original story …)



Posted on January 10, 2021

SMEs need easy access to finance

During a meeting held in the Lahore Chamber of Commerce and Industry (LCCI), he stated that Prime Minister Imran Khan desires to facilitate the SMEs in all respect to grow businesses in Pakistan. Raza …

( read original story …)



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