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Posted on October 12, 2020

Mainland Chinese bankers are taking over Hong Kong’s financial sector, displacing their local peers in top roles

Hongkongers’ share of investment banking jobs in the city has slumped to about 30 per cent from 40 per cent two years ago, while mainlanders now account for more than half of senior roles. ( read original story ...)

Posted on October 12, 2020

Taiwan ends market intervention as stocks stabilise

Taiwan's Finance Ministry on Monday said that its National Stabilisation Fund would no longer intervene to buy stocks, as the island's bourse bounces back from the impact of the coronavirus pandemic ... ( read original story ...)

Posted on October 12, 2020

India signs Line of Credit pact with Maldives for financing major connectivity project

The GMCP is a key pledge of the Government of President Ibu Solih to the Maldivian people. Indias support for the project was announced during the virtual meeting between External Affairs Minister Dr. ( read original story ...)

Posted on October 12, 2020

Qatar- QFTH incubator, accelerator programmes get more than 750 applications from over 70 countries

The Qatar FinTech Hub (QFTH), co-founded by Qatar Development Bank (QDB) and established to support the growth of the fintech industry in Qatar, has announced the final list of successful fintechs set ... ( read original story ...)

Posted on October 12, 2020

Lebanon: ‘encouraging’ talks for Hariri to return as prime minister

The former head of government sat down with the president on Monday and is expected to meet the speaker of Parliament ... ( read original story ...)

Posted on October 12, 2020

Potential fall in revenue adds to Laos debt burden

Laos' domestic revenue is expected to decline further from 13.5 per cent last year to 10.2 per cent of gross domestic product (GDP) this year, the World Bank said in a report. ( read original story ...)

Posted on October 12, 2020

UAE plans first federal bonds in Q4 or early 2021 – Al Roeya paper

The United Arab Emirates will likely issue its first federal bonds by the end of the year or in the first quarter of 2021, UAE newspaper Al Roeya said, citing a finance ministry official. DUBAI, Oct ... ( read original story ...)

Posted on October 12, 2020

China, Cambodia Clinch Free Trade Pact in Under a Year

China and Cambodia signed a free trade agreement on Monday, put together in under a year and aimed at slashing tariffs and boosting market access between Beijing and one of its most important Asian ... ( read original story ...)

Posted on October 12, 2020

UAE Federal tax Authority introduces new version of eDirham

FTA stresses the necessity for all those registered with the Authority who are eDirham users to prepare to switch to the new version of the eDirham ... ( read original story ...)

Posted on October 12, 2020

Israeli cabinet approves UAE deal, Netanyahu says will meet its leader

Israel's cabinet approved a normalisation deal with the United Arab Emirates on Monday and Prime Minister Benjamin Netanyahu said he and Abu Dhabi's crown prince had spoken and agreed to meet soon. ( read original story ...)

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