supply chain and receivables finance cash management and foreign exchange solutions” for the completion of the railway. The portion of the project that is being financed involves the construction of a …
UAE to take lead in post-pandemic resurgence
Historically, the UAE has always been ahead of the curve in supporting its economy compared to many of its global and regional peers every time a crisis approached its shores. The …
Cambodia requires foreigners to pay for Covid-19 test, quarantine, treatment services
Cambodia has required foreigners to pay for Covid-19 lab test, quarantine and treatment services, Economy and Finance Minister Aun Pornmoniroth said in a letter dated Monday and released to the media …
Kazakh Women Demanding Financial Support Forcibly Quarantined
Kazakh officials have forcibly placed a group of women from lower-income families who were picketing the Ministry of Labor and Social Support for increased government assistance into quarantine.
EXPLAINER-Pyongyang calling: What we know about the hotlines to North Korea
North Korea has said it is cutting communication hotlines with South Korea, a tactic the isolated country has used repeatedly during periods of rising tension. At least 49 hotlines have been …
APICORP offers $40mln as finance for first ISTP in Saudi Arabia
DAMMAM — The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced Tuesday that it has provided $40 million in financing to the Kingdom of Saudi …
Turkey’s Veto in the Eastern Mediterranean Isn’t Enough
The Eastern Mediterranean epitomizes the shifts in the global order: American retrenchment, coupled with the continuing ineffectiveness of the European Union, has created space for local actors to …
SE Asia Stocks-Indonesia, Philippines sink 2% as stimulus, coronavirus worries weigh
Indonesia posts biggest daily rise in coronavirus infections * Malaysia, Vietnam flat By Arundhati Dutta June 10 (Reuters) – Indonesian stocks plunged on Wednesday after it reported a record surge in …
Funds Turn Cautious as Philippine Stocks Swept by Record Greed
As investors buy up Philippine stocks at a record pace, some of the nation’s fund managers are selling on expectations that the rally will lose steam amid the uncertain economic outlook.The Philippine …
Bangladesh to unveil health ‘mega plan’ in budget to weather pandemic
Finance Minister AHM Mustafa Kamal is set to announce an overhaul of the health sector overwhelmed by the COVID-19 epidemic, in the fiscal 2020-21 budget.