Sri Lankan shares marked their best session in nearly five months on Thursday, ending higher for a second straight session on the back of gains in consumer and financial stocks. ( read original story ...)
US to Hit All of Iran’s Financial Sector With Sanctions
The Trump administration is poised to announce that it will blacklist Iran’s entire financial sector, dealing another blow to an economy that is already reeling under U.S. sanctions. ( read original story ...)
Afghanistan’s Economy – and Access to Aid – at Stake in Peace Talks
U.S. Secretary of State Mike Pompeo, in his remarks at the inauguration of Afghanistan peace negotiations in Doha, warned the Afghan government and the Taliban that the “size and scope” of future U.S. ( read original story ...)
NATO chief says allies will leave Afghanistan together
NATO insists that its members will consult and decide together on when to leave Afghanistan, after US President Donald Trump vowed to bring American troops home by Christmas. Trump, trailing in polls ... ( read original story ...)
Controlling the pandemic, Vietnam will keep a record export surplus
How do you evaluate the record export surplus in the first nine months of 2020? This is one of the remarkable numbers, making a great contribution to the economic growth in the first nine months of ... ( read original story ...)
PSE plans new financial products for 2021
(PSE) is eyeing to launch new financial products next year to lure foreign investors back to the local bourse. In a forum by the Financial Executives Institute of the Philippines on Wednesday, PSE ... ( read original story ...)
Bangladesh’s forex reserves top $40bn on remittance inflow
Bangladesh’s foreign currency reserves have crossed $40 billion for the first time, thanks to a steady flow of inward remittances despite the coronavirus pandemic. ( read original story ...)
World Bank: Informal workers hit hardest in Bangladesh
World Bank country director for Bangladesh and Bhutan. For a resilient recovery, the government needs to continue to safeguard its fiscal and debt positions, build financial sector health, protect the ... ( read original story ...)
Warburg Pincus to invest in India-based affordable finance firm Home First
Warburg Pincus has agreed to invest about $95 million in Home First, an India-based affordable housing finance company. Home First is backed by True North and Bessemer Venture Partners. MUMBAI, India, ... ( read original story ...)
Warburg Pincus to invest $95MN (INR 700 CR) in Home First – One of India’s leading affordable housing finance companies
in Home First Finance Company India Ltd ("Home First") on October 2, 2020. The announcement came in today from the leading global private equity firm focused on growth investing. The investment of ... ( read original story ...)