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Posted on December 11, 2020

Charges in Beirut port blast stir controversy in Lebanon

Top Lebanese politicians and the militant Hezbollah group rallied on Friday against charges of negligence levelled against the caretaker prime minister and three former ministers over the massive ... ( read original story ...)

Posted on December 11, 2020

Cambodia to chair 2022 Asean Capital Markets Forum

Cambodia will chair the 2022 Asean Capital Markets Forum (ACMF), according to Sok Dara, Deputy Director-General Securities and Exchange Commission of Cambodia (SECC). ( read original story ...)

Posted on December 11, 2020

Asian banks to provide Kazakhstan with anti-COVID-19 loans

The Kazakh Parliament’s Senate (Higher Chamber) adopted the Law 'On ratification of the loan agreement (Routine operations) (Active measures to combat COVID-19 and Cost Support Program) between the ... ( read original story ...)

Posted on December 11, 2020

Sri Lanka Debt Concerns Mount on Downgrade Deeper Into Junk

Markets are showing mounting concern about Sri Lanka’s ability to manage debt loads, amid financial deterioration that sparked a downgrade deeper into junk Friday. ( read original story ...)

Posted on December 11, 2020

UPDATE 1-S&P downgrades Sri Lanka on debt servicing risks

Rating agency S&P slashed Sri Lanka's credit rating to "CCC+/C" on Friday, citing concerns that risks to the island nation's debt servicing capacity have risen as the COVID-19 pandemic has squeezed ... ( read original story ...)

Posted on December 11, 2020

Sri Lanka’s debt concerns mount after S&P cuts rating deeper into junk

Sri Lanka’s credit rating was cut to CCC+ from B- by S&P Global Ratings Friday. In recent months, the country's credit rating was also cut by Moody’s & Fitch Ratings. ( read original story ...)

Posted on December 11, 2020

Sri Lanka slams S&P following downgrade of credit rating

Global Ratings after the country’s credit rating was downgraded from B to CCC+. In a statement issued by the Finance Ministry, the Government of Sri Lanka (GOSL) said it is disappointed with today’s ... ( read original story ...)

Posted on December 11, 2020

Nepal gives women’s national football team equal pay

For years, Nepal's women have earned less than half of what the men's team have taken home. Their results have been considerably better though. ( read original story ...)

Posted on December 11, 2020

BJP leader Chauthaiwale calls on Nepal Foreign and Finance Ministers discusses bilateral ties

Senior BJP leader and the party's head of the foreign affairs department Vijay Chauthaiwale on Friday called on Nepalese Foreign Minister Pradeep Kumar Gyawali and Finance Minister Bishnu Poudel and ... ( read original story ...)

Posted on December 11, 2020

Global Islamic finance assets to hit US$3.69 tril by 2024

Global Islamic finance assets are forecast to reach US$3.69 trillion (US$1=RM4.05) by 2024, according to the 2020 Islamic Finance Development Report released by Refinitiv and the Islamic Corporation ... ( read original story ...)

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