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Posted on March 3, 2021

Thai Airways debt revamp plan gets support from finmin

The Finance Ministry, the largest shareholder of Thai Airways International Plc, signalled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of ... ( read original story ...)

Posted on March 3, 2021

Iran’s FATF debate heats up as nuclear deal remains in limbo

Moderates, hardliners at odds again over Financial Action Task Force bills on money laundering, ‘terrorism financing’. ( read original story ...)

Posted on March 3, 2021

Approving FATF related bills in Iran’s interest – Iranian President

The Financial Action Task Force (FATF) related bills should be approved as soon as possible and it would be in the country's interests, said the Iranian President. "It is in the interest of the ... ( read original story ...)

Posted on March 3, 2021

Zarif announces mechanism of returning Iran’s funds blocked in S.Korea

Iranian Minister of Foreign Affairs Mohammad Javad Zarif announced an agreement between Iran and South Korea on the mechanism of returning Iranian blocked money from Seoul, Trend reports via ICANA. ( read original story ...)

Posted on March 3, 2021

Turkey’s foreign intelligence activities surge in 2020: MIT head

The National Intelligence Organization (MIT) has increased its foreign intelligence activities in 2020, MIT head Hakan Fidan stated in a recently ... ( read original story ...)

Posted on March 3, 2021

Vietnam’s macro picture is ‘in great shape,’ says portfolio manager

Sat Duhra of Janus Henderson Investors says there is a "real opportunity" present in Vietnam, though access remains an issue. ( read original story ...)

Posted on March 3, 2021

Mental health crisis a threat to the Philippine economy

In the Philippines, economic anxiety, declining mental health, the prohibitive cost of seeking help and the risk of further economic damage feed off each other in a vicious spiral. ( read original story ...)

Posted on March 3, 2021

Japan’s SMFG likely to halt all new lending to coal-powered plants, sources say

Japan's Sumitomo Mitsui Financial Group is likely to halt all new financing to coal-fired power plants, including the most efficient ones, two sources said, reflecting growing pressure from investors ... ( read original story ...)

Posted on March 3, 2021

Japan’s capex extends declines as firms tighten purse strings

Japanese companies slashed spending on plant and equipment for the third straight quarter in October-December as manufacturers cut costs, casting doubt about the strength of the country's recovery as ... ( read original story ...)

Posted on March 3, 2021

Pakistan to enact legislation to fully implement FATF action plan: Report

During the meeting of Pakistan’s National Executive Committee (NEC) on anti-money laundering chaired by Shaikh on Monday, it was decided that additional legislation will have to be enacted on at least ... ( read original story ...)

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