UAE-based outfit will use funds to support execution of its fabrication work for the Seagreen offshore wind project ... ( read original story ...)
ADNOC named UAE’s most valuable brand for third consecutive year
ABU DHABI - ADNOC maintained in 2021 its position as the UAE’s most valuable brand for the third consecutive year, according to a new report from Brand Finance, the world’s leading independent branded ... ( read original story ...)
Kazakhstan improving forecast power sector showings for 2021
Kazakhstan has carried out work to attract investments in the renewable energy sector over the past two years by signing a number of agreements and memorandums with international financial ... ( read original story ...)
Foreign interest in Malaysia’s bond market to remain strong despite likely future rate cut — UOB
UOB Asset Management Malaysia believes that Malaysia’s debt securities market will remain attractive to global investors as it is among the few that offer positive yields. Its chief investment officer ... ( read original story ...)
South Korean economy grows in fourth quarter, ends year down 1%
South Korea's GDP shrank by 1% in 2020 on fallout from the COVID-19 pandemic, the Bank of Korea announced on Tuesday, marking the worst growth in more than two decades but pointing towards a rebound ... ( read original story ...)
IMF Raises Growth Forecast for Turkey, Points at Financing Risks
The International Monetary Fund raised its growth forecast for Turkey’s economy amid the coronavirus vaccine rollout, while warning the pandemic response worsened pre-existing financial risks. ( read original story ...)
Coronavirus latest: IMF says Turkey has room to expand fiscal stimulus in its Covid response
UK job losses slow as furlough extension limits unemployment rise. Rolls-Royce warns on cash outflow as pandemic hits aviation market. UBS to launch SFr4bn share buyback as profits jump. ( read original story ...)
Vietnam raises petrol prices by over 300 VND per litre
Retail petrol prices rose by more than 300 VND per litre from 3 pm on January 26, the fifth increase in a row, following the latest review by the Ministry of Industry and Trade and the Ministry of ... ( read original story ...)
Progresses seen in Vietnam management of national foreign debts: workshop
Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop on the issue held in Hanoi on. ( read original story ...)
Indonesia’s central bank expects billions of foreign funds to return – supporting the rupiah
The rupiah has stayed roughly flat against the U.S. dollar this year, after losing 1.1% to the greenback in 2020 at the height of the Covid-19 pandemic. ( read original story ...)