The number of foreign direct investment (FDI) enterprises continues to increase in Vietnam, but more are reporting losses. The Ministry of Finance (MoF) said FDI firms’ contributions were not yet …
Philippines based Digital Wallet GCash Reaches PHP 1 Trillion in Total Transactions During the Past Year
Philippines-based digital wallet GCash reportedly reached PHP 1 trillion (appr. $20.8 billion) in total transactions for the year 2020, which represents a 254% year-over-year (YoY) increase in …
Philippines may hold key rate in first half, says governor
Philippine interest rates will likely remain on hold at least through the first half of 2021 as the economy recovers, according to central bank governor Benjamin Diokno. (pic) …
Japan Finance Minister expects state of emergency to affect economy in first quarter
Japan’s state of emergency over the COVID-19 pandemic will affect the economy in the January-March quarter, but it is too early to predict what will happen beyond that, Finance Minister Taro Aso said …
Indonesia’s 2020 budget deficit rises to 6.09 percent of GDP
Indonesia’s budget deficit in 2020 reached 956.3 trillion IDR (68.6 billion USD), equivalent to 6.09 percent of the national gross domestic product (GDP), Minister of Finance Sri Mulyani Indrawati has …
Trump’s rules on China investment spark confusion across global finance
Donald Trump’s executive order, which comes into effect on January 11, days before he leaves the White House, has flummoxed financial institutions, leaving the New York Stock Exchange banning a …
Premature to talk about compensation for Iran’s 2020 downing of airliner, says Canadian aide
It is too early to discuss how much compensation to pay relatives of those killed when Iran shot down an airliner last year, even though Tehran has suggested an amount, a Canadian adviser said on …
Taiwan Is Doing Everything Possible to Avoid Negative Yields
As the world’s pile of negative-yielding debt rose to a record $18 trillion in December, authorities in Taiwan were working hard to keep the government’s bond yield above zero.
Our lawyers have been appointed in Committees of the Cyprus Bar Association
With professional skills to provide top quality legal services and a range of backgrounds and interests, eight lawyers of our team have been selected among many candidates and app …
Egypt signs reconciliation deal with Qatar
The Saudi foreign minister has said that Saudi Arabia and its three Arab allies agreed to restore full ties with Qatar. His remarks came after Gulf leaders signed a “solidarity and stability” …