By Satish Kanady I The Peninsula With strong capitalisation, adequate liquidity, and relatively low NPLs, the GCC’s banking systems will continue to remain sound despite the double shocks from oil …
Lebanon Money Dealers Set Dollar Selling Price at 4,000 Pounds
Lebanon’s money dealers set the selling price of the dollar at a maximum of 4,000 pounds for Wednesday as exchange bureaus reopen after weeks of a nationwide strike.The price of buying dollars is set …
Lebanon must turn reform ideas into reality, U.S. ambassador says
The Lebanese government must turn its reform ideas into reality and take concrete steps to win international support, the U.S. ambassador said in an interview broadcast on Sunday. Dorothy Shea also to …
Lebanon seeks foreign government-backed financing for power plants after default
Lebanon has turned to global power plant manufacturers including General Electric to arrange financing to build badly needed electricity capacity, hoping favourable terms can be agreed with help from …
Bus strikes roadside bomb in southern Afghanistan; 9 killed
A roadside bombing in southern Afghanistan on Wednesday killed nine passengers travelling on a bus through … including a woman and several children. Financial Express is now on Telegram. Click here …
Myanmar appoints regional minister for planning, finance
Myanmar’s Yangon Region Parliament unanimously agreed to appoint U Ye Min Oo as a regional minister for planning and finance on Wednesday (June 3).
Turkey’s Hedge Funds Are Latest Casualties of Currency Clampdown
Turkey will no longer allow investors to set up hedge funds that invest primarily in foreign-exchange assets and will start taxing existing ones, the latest measures designed to clamp down on local …
What will move the Luks (vietnam Holdings) share price?
Shares in Luks (vietnam Holdings) (HKG:366) are currently trading at 1.22 but a key question for investors is how the economic uncertainty caused by …
ADB expands trade finance programme to support private sector in Bangladesh
By Business Desk :The Asian Development Bank (ADB) has expanded the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to $755 million from $518 million …
WFP’s appeal to help Bangladesh
We appreciate the World Food Programme (WFP) issuing an urgent call for USD 320 million to provide food and financial assistance to the most vulnerable families in Bangladesh during this pandemic.