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Category: FINANCE

Posted on June 10, 2020

SE Asia Stocks-Indonesia, Philippines sink 2% as stimulus, coronavirus worries weigh

Indonesia posts biggest daily rise in coronavirus infections * Malaysia, Vietnam flat By Arundhati Dutta June 10 (Reuters) – Indonesian stocks plunged on Wednesday after it reported a record surge in …

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Posted on June 10, 2020

Funds Turn Cautious as Philippine Stocks Swept by Record Greed

As investors buy up Philippine stocks at a record pace, some of the nation’s fund managers are selling on expectations that the rally will lose steam amid the uncertain economic outlook.The Philippine …

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Posted on June 10, 2020

Bangladesh to unveil health ‘mega plan’ in budget to weather pandemic

Finance Minister AHM Mustafa Kamal is set to announce an overhaul of the health sector overwhelmed by the COVID-19 epidemic, in the fiscal 2020-21 budget.

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Posted on June 10, 2020

Pakistan among latest countries to receive Paris Club debt relief

Pakistan has been included in the group of countries that will be entitled to debt relief as part of the G20 debt relief deal, the Paris Club of creditor nations announced on Wednesday. Other …

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Posted on June 10, 2020

Cigna Study Shows Hong Kong Has the Lowest Health and Well-Being Score Globally During the COVID-19 Crisis

Cigna Hong Kong today released the Hong Kong findings of its Cigna COVID-19 Global Impact Study. Part of Cigna’s annual 360 Well-Being Survey, this research is the first in a new series of studies fro …

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Posted on June 10, 2020

Lawrence Wong, Minister for National Development and Second Minister for Finance

Singapore Minister for National Development and Second Minister for Finance Lawrence Wong speaks to Singaporeans on living with COVID-19. Singaporean curator and scholar Peter Lee explores the history …

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Posted on June 10, 2020

Frasers Property secures Singapore’s first green loan for Fernvale Lane EC

CEO Loo Choo Leong says that tapping on the green loan market is “a natural extension of [their] business focus on sustainability” (Photo: Frasers Property) SINGAPORE (EDGEPROP) – Frasers Property has …

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Posted on June 10, 2020

Sri Lanka, 54th out of 117 on Budget Transparency

Sri Lanka has been ranked 54th out of 117 countries on the Open Budget Survey (OBS). OBS is a global metric measuring the reporting on the use of public funds. The survey was carried out by the …

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Posted on June 10, 2020

Afghanistan- MoF offers key posts to open competition after years

The Ministry of Finance has sent a number of first and second-grade posts to the Independent Administrative Reform and Civil Services Commission (IARCSC) for recruitment. The development comes after P …

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Posted on June 10, 2020

Iran Pushes South Korea to Release Billions Withheld by Banks

Iran is escalating its pressure on South Korea to release billions of dollars of oil-export revenue, arguing that Seoul is buckling to pressure from its U.S. ally and illegally withholding funds …

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