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Category: FINANCE

Posted on June 18, 2020

Ditching Dependence

Anadolu Agency, Government of Canada Global Travel Advisory, International Monetary Fund, Nikkei Asian Review, Pew Research Center, Reuters, Societe Generale, The Straits Times, Transparency …

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Posted on June 18, 2020

EBRD increases trade support in Cyprus, doubles BoC limit

The European Bank for Reconstruction and Development (EBRD) said on Thursday it had doubled the trade finance limit to Bank of Cyprus by €50 million to €100 million. The bank said in a release …

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Posted on June 18, 2020

Minister of Finance: Bahrain’s economic stimulus package equivalent to 32.2% of GDP

Bahrain’s Minister of Finance and National Economy, HE Shaikh Salman bin Khalifa Al Khalifa, today provided a virtual update to members of the Legislative Authority on Bahrain’s efforts to manage the …

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Posted on June 18, 2020

Lebanon needs comprehensive, equitable reforms in many areas – IMF

The International Monetary Fund remains in discussions with Lebanon about possible financing arrangements, an IMF spokesman said on Thursday, adding that it was premature to discuss the scope of any …

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Posted on June 18, 2020

Nepal’s President Bidya Devi Bhandari signs bill to redraw map incorporating 3 Indian areas

Nepal’s lower house of Parliament had unanimously approved the new political map of the country featuring Lipulekh, Kalapani and Limpiyadhura areas which India maintains belong to it.

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Posted on June 18, 2020

Nepal upgrades border outpost at Changru

Nepal has upgraded its border outpost at Changru near Kalapani … Kalapani and Limpiyadhura in India as Nepalese territory. Financial Express is now on Telegram. Click here to join our channel and …

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Posted on June 18, 2020

Saudi Chase of $10 Billion Investment Goal Faltered Before Virus

Saudi Arabia missed its $10 billion target for foreign direct investment by more than half last year, as damage from the coronavirus pandemic and low oil prices now threatens to throw plans further …

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Posted on June 18, 2020

How Saudi Arabia Caused The Worst Oil Price Crash In History

Saudi Arabia made good on its promise to flood the oil market with oil after the collapse of the previous OPEC+ deal in early March …

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Posted on June 18, 2020

Thailand’s central bank will prototype digital currency-based payment system for businesses

The central bank of Thailand says it will prototype a new payment system for businesses based on the digital currency system it is developing, called Project Inthanon. The goals of the project will be …

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Posted on June 18, 2020

Iran slams ‘cruel’ US sanctions on Syria and promises to boost economic ties with ‘resilient’ ally

Iran has also been under strict US sanctions since 2018, when President Donald Trump unilaterally withdrew from the JCPOA nuclear deal and reimposed restrictions, targeting the country’s oil and …

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