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Category: FINANCE

Posted on July 3, 2020

World Bank Member IFC Investing Rs. 500 Million in Pakistan’s Mortgage Sector

IFC, a member of the World Bank Group, is making an equity investment of up to Rs. 500 million (about $3.2 million) in Pakistan Mortgage Refinance Company Limited (PMRC), to catalyze affordable …

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Posted on July 3, 2020

FO welcomes IDFC’s plans to invest in Pakistan

ISLAMABAD: The Foreign Office (FO) on Thursday welcomed the United States International Development Finance Corporation’s (IDFC) plans to invest in Pakistan, saying this would benefit the region.

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Posted on July 3, 2020

India based Online Lenders U GRO Capital, SOLV, Instamojo, Sanjeevani Platform Continue to Issue Loans to SMEs during COVID-19

India based online lenders U GRO Capital, SOLV, Instamojo, Sanjeevani platform continue to issue loans to SMEs during COVID-19.

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Posted on July 3, 2020

Hong Kong Bankers Recruited by Taiwan After Security Law

(Bloomberg) — Taiwan is ramping up efforts to lure bankers and other skilled workers who want to escape China’s tightening grip on Hong Kong. Just hours after the financial hub’s …

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Posted on July 3, 2020

Strategic Wealth Designers: Protecting your financial assets from a second stock market drop

Sponsored content from Strategic Wealth Designers Mixed messages have been abounding from the coronavirus pandemic Good news arrived when the Colorado opened restaurants, parks and tourist areas …

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Posted on July 3, 2020

Sri Lanka’s Blockchain Bank KYC Platform to Enter Development ‘Shortly’: Central Bank

The Monetary Board of the Central Bank of Sri Lanka is close to starting development of a blockchain platform expected to speed the processing of bank users’ ID information.

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Posted on July 3, 2020

Turquoise Hill to defer any interim funding talks on Mongolian mine with Rio Tinto

Turquoise Hill Resources Ltd said on Thursday it has decided to defer further discussions on any interim funding arrangements with Rio Tinto for its Mongolian copper project. The Mongolian state owns …

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Posted on July 3, 2020

Kuwait Cabinet ends Mahboula, Jleeb Al Shuyoukh isloation July 9

Kuwait’s cabinet, in its meeting Thursday, instructed the Interior Ministry to lift the novel coronavirus-related full isolation of Mahboula and Jleeb Al Shuyoukh Areas starting from 05:00 a.m.

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Posted on July 3, 2020

AOC’s Approach to Israel Aid Has Been Tried and Tested— by Bush and Reagan | Opinion

Palestine all too closely resembled their Republican colleagues on gun violence: thoughts and prayers, smoke and mirrors, all talk, no action.

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Posted on July 3, 2020

Analysts: Fire at Iran nuke site hit new centrifuge facility

The Atomic Energy Organization of Iran sought to downplay the fire, calling it an “incident” that only affected an under-construction “industrial shed.” …

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