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Category: FINANCE

Posted on June 2, 2020

ANZ to sell New Zealand asset finance unit to Japan’s Shinsei Bank for $479 million

Australia and New Zealand Banking Group on Tuesday agreed to sell its New Zealand-based asset finance unit for NZ$762 million ($479 million) to Japanese financial institution Shinsei Bank Ltd …

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Posted on June 2, 2020

Japan Finance Minister Sees Fiscal Situation Worsening as Virus Hits Tax Revenue

Japan’s fiscal situation will further deteriorate following the compilation of stimulus budgets as tax revenue will likely fall due to the impact of the coronavirus on economic activity, Finance …

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Posted on June 2, 2020

ADB expands trade finance programme to support Bangladesh’s private sector

The Asian Development Bank (ADB) has expanded the Trade Finance Programme (TFP) to support the private sector in Bangladesh, by raising its financing limit to $755 million from $518 million at the end …

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Posted on June 2, 2020

Bangladesh stock market regulator moves to coordinate with financial market watchdog

Two key regulatory institutions overseeing Bangladesh’s financial services industry and the capital market will work together to remove barriers borne out of lack of coordination, new head of …

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Posted on June 2, 2020

Vettori asks Bangladesh Cricket Board to donate part of salary to low-income staffers

Vettori has said that we should donate a specific part of his salary to the BCB’s low-income staff. He has officially informed the cricket operations committee,” said BCB CEO Nizamuddin Chowdhury.

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Posted on June 2, 2020

Bangladesh Spin Coach Daniel Vettori Donates Portion of Salary for BCB’s Low-income Staff

Bangladesh spin bowling coach Daniel Vettori has asked the Bangladesh Cricket Board to give a part of his salary to low-income staffers.

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Posted on June 2, 2020

The Latest: Pakistan document shows experts wanted lockdown

A leaked government document reveals authorities ignored experts who wanted a monthlong lockdown in Pakistan’s Punjab province and who estimated 670,000 might have been infected in the provincial …

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Posted on June 2, 2020

Standard Chartered Appoints New Head Of Corporate Finance For Africa And The Middle East

Along with his new responsibilities as Head of Corporate Finance, AME, Abbas’ will also expand his role as Head of Project & Export Finance Standard Chartered ( has announced that Abbas Husain has …

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Posted on June 2, 2020

Pakistan’s finance adviser lauds US support in FATF

Pakistan appreciates the support extended by the US in the Financial Action Task Force (FATF), fight against Covid-19 and debt relief from G20 countries, said Adviser to Prime Minister on Finance and …

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Posted on June 2, 2020

Cash-strapped Pakistan Plans to Seek $15 Billion in New Loans to Pay External Public Debt: Report

The estimated $15 billion borrowings will be the highest loans to be taken by the country in a single year, highlighting the challenges that the government faces due to the deepening debt trap.

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