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 …
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 …
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 …
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.
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 …
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 …
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 …
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, …
People’s Leasing & Finance appoints new CEO
Sri Lanka’s leading non-bank finance sector company, People’s Leasing & Finance PLC appointed Shamindra Marcelline as its new CEO/GM with effect from 20th November 2020. The new CEO/GM Marcelline …
Reforms, currency devaluation key to stabilise Iraq’s economy: IMF
Fiscal reforms in Iraq combined with the recent devaluation of the exchange rate are “critically important steps to help reduce large external and fiscal imbalances and ensure the country’s economic …