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Category: FINANCE

Posted on December 26, 2020

China set to overtake US and become world’s biggest economy by 2028

The Centre for Economics and Business Research said China’s ‘skilful management’ of coronavirus and hits to Western growth meant its economic performance had improved.

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Posted on December 26, 2020

RCEP deal, China’s dual circulation strategy to strengthen Hong Kong’s status as international trade, finance hub, Victor Fung says

RCEP is a huge opportunity for Hong Kong as it signals the beginning of a new era in global trade and will help expand and strengthen supply chains in Asia, Fung Group chairman says …

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Posted on December 26, 2020

COMMENT | 12th Malaysia Plan: Time for dynamic growth

I told Mustapa that I hope I am wrong to feel that the 12th Malaysia Plan in its current form is taking a linear approach to conceive economic development. Instead, we need a dynamic approach to …

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Posted on December 26, 2020

Iran ready for human trial of homegrown vaccine

Efforts to produce Covid-19 vaccine locally comes after purchase of vaccine from abroad was hindered by sanctions …

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Posted on December 26, 2020

Reports reveals ‘illicit fund’ still transferred to UK from Pakistan

Unveiling a dark chapter in the relationship between the two countries, a report released by the British government has unveiled that illegal money from Pakistan has continued to make its way into the …

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Posted on December 26, 2020

Central Bank of India to exit housing finance business; to sell joint venture stake for Rs 160 crore

000 shares of face value of Rs 10 each in Cent Bank Home Finance Ltd (CBHFL), to Centrum Housing Finance, subject to approvals from regulatory authorities,” Central Bank of India said in a BSE filing.

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Posted on December 26, 2020

India- CAIT urges FM to defer rollout of Rule 86-B in GST

B in GST

The Confederation of All India Traders (CAIT) has urged the Finance Minister Nirmala Sitharaman to defer implementation of Rule 86-B immediately which levies a mandatory payment of 1 per …

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Posted on December 26, 2020

Maruti Suzuki launches India’s first multi-financier, online car financing platform in NEXA

With the launch of Smart Finance, the customers now have the option to compare loan offers from multiple financiers, customise the loan offering as per their needs and upload the documents, with just …

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Posted on December 26, 2020

China announces one-year extension of tariff exemptions on some US products

China’s finance ministry on Friday announced that tariff exemptions for six products from the U.S. will be extended for another year. Among the products that will enjoy the extension are white …

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Posted on December 26, 2020

Russia to allocate to Kyrgyzstan USD 20M for payment of salaries and pensions

It is specified that the Russian Government will allocate USD 20 million for gratis to cover the financial gap in Kyrgyzstan’s budget in terms of payments of salaries to public sector workers, …

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