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Posted on January 25, 2021

Hong Kong’s Cathay Pacific warns of capacity cuts, higher cash burn

(Reuters) – Cathay Pacific Airways Ltd on Monday warned passenger capacity could be cut by about 60% and monthly cash burn may rise if Hong Kong installs new measures that require flight crew to ... ( read original story ...)

Posted on January 25, 2021

Chinese companies are looking at Hong Kong amid U.S. tensions: Strategist

David Chao of Invesco says more mainland firms will list in Hong Kong as an alternative to the U.S. as skepticism remains about Sino-U.S. relations under Biden. ( read original story ...)

Posted on January 25, 2021

Uzpromstroybank plans to raise assets to $5bn, loan portfolio up to $4.3bn

One of the oldest financial institutions in Uzbekistan, Uzpromstroybank, saw its assets increase to $4.7bn in 2020, its board said on1. ( read original story ...)

Posted on January 25, 2021

Thomas Cook signs strategic agreement with Maldives Marketing and Public Relations Corporation

With Maldives having re-opened its borders in July 2020, Thomas Cook India has witnessed an encouraging increase in demand/interest. To catalyse this demand, its strategic agreement with the Maldives ... ( read original story ...)

Posted on January 25, 2021

Maldives Lauds PM Modi’s Gesture in Providing COVID Vaccine

Honourable President of the Republic of Maldives Ibrahim Mohamed Solih, its Hon. Minister of Foreign Affairs Abdulla Shahid and Honorary Consul (Mumbai) of the Republic of Maldives Bobby Mohanty have ... ( read original story ...)

Posted on January 25, 2021

Islamic Trade Finance Corporation approves $10mn finance facility for Uzbekistan`s Orient Finans Bank

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has inked a $10mn line of trade ... ( read original story ...)

Posted on January 25, 2021

QBA hosts webinar on ‘How to Start a Business in Qatar Free Zones’

The Qatari Businessmen Association, in partnership with Qatar Free Zones Authority (QFZA), organised an investment webinar on ‘How to Start a business in Qatar Free Zones’, as part of the memorandum ... ( read original story ...)

Posted on January 25, 2021

Thailand to sell $2 bln savings bonds to finance stimulus measures

BANGKOK, Jan 25 (Reuters) - Thailand will sell 60 billion baht ($2 billion) of government savings bonds next month to help finance stimulus measures to mitigate the impact of its latest coronavirus ... ( read original story ...)

Posted on January 25, 2021

Lebanon central bank head says figures in some media about Swiss case ‘inflated’

Lebanon's Central Bank Governor Riad Salameh said on Monday that figures circulating in some news outlets and on social media relating to an inquiry by the Swiss authorities into allegations of money ... ( read original story ...)

Posted on January 25, 2021

Finance Ministry sells 5% stake in Bangchak Corp to fund PTTOR share purchase

The Finance Ministry sold 71.89 million shares in SET-listed Bangchak Corporation (BCP) to the state-owned Vayupak Fund 1 on January 19, according to the Securities and Exchange Commission (SEC) on ... ( read original story ...)

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