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Category: FINANCE

Posted on June 5, 2020

Malaysia Farms Face $3 Billion Hit From Palm Oil Worker Shortage

The coronavirus pandemic has left Malaysia’s palm oil industry without enough workers, a shortage that could cost farmers as much as 25% of their annual production — a loss worth about $2.8 …

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Posted on June 5, 2020

OPEC+ Talks Hit Impasse as Iraq Goes Slow With Output Cuts

Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia …

( read original story …)



Posted on June 4, 2020

Thousands In Hong Kong Defy Tiananmen Vigil Ban

Crowds streamed into one of the city’s main parks that has hosted huge Tiananmen anniversary vigils for the past three decades, with smaller rallies erupting across the finance hub. Graphic comparing …

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Posted on June 4, 2020

Philippines, World Bank sign $500 million COVID loan

The Philippines and World Bank have signed a $500-million loan agreement to support poor households and workers affected by the coronavirus disease 2019 or COVID-19 pandemic, the Department of Finance …

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Posted on June 4, 2020

Kuwait to cut government entities’ budget for fiscal year 2020-2021 by at least 20%

Kuwait agreed to cut the government entities’ budget for fiscal year 2020-2021 by at least 20%, Kuwait’s cabinet said on twitter on Thursday.

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Posted on June 4, 2020

Best Things to Do in Dubai and Skydiving Packages From Cloudsdeal

Cloudsdeal.com presents a complete list of amazing places to explore in Dubai, one of the most beautiful cities that everyone must visit on their vacation. From the record-breaking architecture, …

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Posted on June 4, 2020

Incoming finance min. and Gov. of Bank of Israel have first meeting

The incoming Minister of Finance Yisrael Katz and the Governor of the Bank of Israel Professor Amir Yaron held their first working meeting today. At the meeting, the two discussed the state of the …

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Posted on June 4, 2020

OPEC+ Talks Hit Impasse as Iraq Goes Slow With Production Cuts

Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia …

( read original story …)



Posted on June 4, 2020

Stock Pickers in Turkey Warned to Be Careful as Market Soars

As Turks rush to join the local stock market’s longest rally in 27 years, the Istanbul exchange has a warning for them: be careful with your money and watch out for swindlers.The Borsa Istanbul 100 …

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Posted on June 4, 2020

Dual lightning strikes to turn Vietnam’s e-commerce equilibrium upside down

The e-commerce market is looking at two high-calibre developments with the merger of Tiki and Sendo and the entry of heavyweight competitor Facebook.

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