Cheering news from the World Bank as a gloomy 2020 draws to an end came as the perfect pick-me-up for an uncertainty-hit Cambodian economy.
South Korea unveils US$8.5 billion package to fight new COVID-19 wave
SEOUL: South Korea unveiled a fresh 9.3 trillion won (US$8.49 billion) package on Tuesday (Dec 29) to support small businesses hit by a third wave …
S.Korea sets $8.5 b package to fight new coronavirus wave: Ministry
Of the total package, 5.6 trillion won will be used to fund cash handouts to coronavirus-struck small businesses, temporary or freelance workers and taxi drivers affected by the prolonged pandemic, …
How Myanmar could benefit from cryptocurrencies
From building schools, libraries and education centers to funding conservation initiatives, exchanges are channels through which funds can arrive in Myanmar, without the friction associated with …
Finance Ministry to revise economic forecast in Jan after latest outbreak
The Finance Ministry will revise its economic forecast for this year and next year in January, according to the Fiscal Policy Office on Monday.
Vietnam’s GDP growth among the world’s highest
Vietnam this year has achieved a gross domestic product (GDP) growth of 2.91 per cent, an impressive figure despite the impact of the Covid-19 pandemic, according to the General Statistics Office (GSO …
Naya Pakistan housing project: PMRC, six banks sign pact to allay credit risks
Pakistan Mortgage Refinance Corporation (PMRC) signed a master guarantee agreement with six banks to further the government’s Naya Pakistan Housing Programme aiming to make affordable housing possible …
India Stocks Track Asian Peers Higher to Head for Another Record
India stocks rose for a fifth straight day, tracking broad gains in Asian peers, as a slowing pace of local coronavirus infections boosted optimism over an economic recovery.
Georgia’s COVID-19 case curve as of December 27
Georgia has seen a steady increase in new COVID-19 cases since September with this latest rise now moving past what many hoped would be the worst of it back in July. Georgia’s average daily cases …
Oman Banks Get More Flexibility in Financing Stock Investments
Oman’s central bank said it approved a recommendation that would provide more flexibility for banks in financing stock market investments.