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Posted on January 8, 2021

South Korea’s IPO Market Poised for Record Year on Booming Retail Demand

South Korea is set for the busiest year ever for new share sales as companies ranging from a digital bank, game developer to an electric car battery maker rush to take advantage of robust retail …

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Posted on January 8, 2021

Turkey’s Getir to Raise Funding at $800 Million Valuation

Getir is close to signing a deal for fresh funding at a valuation of more than $800 million, as Turkey’s biggest online delivery service gets ready to expand into the U.K., according to people …

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Posted on January 8, 2021

Vietnam emerged as safe haven for multinationals

The successful realization of the dual target in both containing the pandemic and boosting economic recovery helps Vietnam become a new safe haven for multinationals. Prime Minister Nguyen Xuan Phuc …

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Posted on January 8, 2021

Financial sector urged to raise 2021 budget collection

Prime Minister Nguyen Xuan Phuc urged the Ministry of Finance (MoF) to increase 2021 budget revenue by minimum 3% higher than the estimate. Prime Minister Nguyen Xuan Phuc at the meeting. Photo: Quang …

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Posted on January 8, 2021

Financial sector must try to free up resources for national development: PM

The financial sector needs to renovate more strongly to free up resources to meet the country’s development objectives, Prime Minister Nguyen Xuan Phuc told an online meeting to review financial …

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Posted on January 8, 2021

Financial aid for disaster-caused housing damage in central Vietnam

Prime Minister Nguyen Xuan Phuc has decided to allocate 89.11 billion VND (3.86 million USD) sourced from the central budget reserves for five central provinces hit hard by natural disasters in …

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Posted on January 8, 2021

AB Finance: A curious case of how laundered money travels

It is a case of layering in financial crimes. Suspicious funds taken by an account holder are spread out across the financial system: banks, other financial institutions and the capital market.

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Posted on January 8, 2021

Speaker acquainted with implementation of one-time repayment of pension-secured loans

Speaker G.Zandanshatar received Governor of the Bank of Mongolia B.Lkhagvasuren, and CEO of Erdenes Silver Resource T.Munkhbayar on the implementation of the law on a full and one-time repayment of …

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Posted on January 8, 2021

Saudi Prince Hits a New Year Reset by Making Allies Not Enemies

On a day that Saudi Arabia jolted the oil market with an output cut it called a “gesture of goodwill,” the kingdom’s de-facto ruler took center stage in a mirrored concert hall, ready to resolve a …

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Posted on January 8, 2021

Oil Hovers Near 11-Month Highs, Sustained by Saudi Output Cuts Pledge

Oil prices edged higher on Friday, hovering near 11-month highs hit the previous day, as Saudi Arabia’s pledge to make voluntary cuts to its output continued to buoy the mood in the market though …

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