The Commercial Bank of Ceylon has announced the launch of CBC Finance Ltd., the Bank’s fully-owned Licenced Non-bank Finance Institution (NBFI), formerly known as Serendib Finance and Indra Finance. T …
Sotheby’s International Realty to Open its First Office in South Korea as Market is Poised for Luxury Real Estate Growth
Sotheby’s International Realty today announced that WP Realty in the country of South Korea is the newest member of its global network and will now operate as Korea Sotheby’s International Realty. The …
S. Korea’s consumer prices grow less than 1% for 3rd month in Dec.
South Korea’s consumer prices grew less than 1 percent for the third straight month in December, data showed Thursday, indicating low inflationary pressure in Asia’s fourth-largest economy amid the …
Philippine officials see economic rebound to pre-pandemic levels
The Philippines’ economic managers are optimistic that the country, home to the longest lockdown in the world, will see growth bounce back to pre-pandemic levels in 2021 after a record economic …
IFAD to provide $18.07m to Bangladesh for Covid-19 recovery activities
This fund will help the efforts of the Bangladesh government and PKSF to assist microenterprises, smallholders and recover the severely Covid-19 affected rural economy …
China Considers Requiring Ant to Sell Finance Investments, Source Says
Chinese regulators are studying plans to force Ant Group Co. to divest equity investments in some financial companies, curbing the company’s influence over the sector, according to a person familiar …
On Armenia’s demographic situation
PM Nikol Pashinyan and his predecessor Serzh Sargsyan made very firm and ambitious statements on the issue of demographic growth in Armenia, referring to what the latter described as an […] …
Children’s Fund re-established
On December 30, the Cabinet approved to re-establish Children’s Fund, designed for financing projects to re-build child and youth development places, such as Children’s Library, Children’s Theatre and …
Singapore’s 2021 budget to be announced on Feb 16
The Singapore government will announce the coming year’s budget on Feb 16, according to the city state’s Ministry of Finance today.Deputy Prime Minister Heng Swee Keat noted that it had been a …
Unification ministry to scale up financial support for N. Korea aid groups
The unification ministry said Thursday it will allow North Korea aid groups to receive state financial support multiple times a year in an effort to facilitate humanitarian assistance to the …