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Posted on July 20, 2020

Maldives allocates 18.8 mln USD to prop up SMEs

MALE, July 20 (Xinhua) -- Maldives Ministry of Finance said loans worth 18.8 million U.S. dollars will be distributed to prop up 1,643 COVID-19 affected small and medium enterprises (SMEs), local ... ( read original story ...)

Posted on July 20, 2020

Kuwait Runs Into Resistance on Bill to Boost Borrowing

A draft law allowing Kuwait’s government to tap local and international debt markets is unlikely to be supported by lawmakers unless it makes a convincing case for how any borrowed money will be spent ... ( read original story ...)

Posted on July 20, 2020

Bright Food Singapore Holdings Pte. Ltd. — Moody’s announces completion of a periodic review of ratings of Bright Food (Group) Co., Ltd.

Moody's announces completion of a periodic review of ratings of Bright Food (Group) Co., Ltd. Hong Kong, July 20, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ... ( read original story ...)

Posted on July 20, 2020

Commodities Intelligence Centre (CIC), SBF to help Singapore SMEs

Commodities Intelligence Centre (CIC) today announced the launch of the international version of its web-based business intelligence suite, CIC Data Pro, and Leads Generation Service. ( read original story ...)

Posted on July 20, 2020

Sri Lankan shares end higher on gains in industrials, consumer sectors

People’s Leasing & Finance Plc and Dialog Axiata Plc ** The Sri Lankan rupee was last quoted at 185.75 against the U.S. dollar as of 12:40 GMT, 0.03% lower for the day compared to last session’s close ... ( read original story ...)

Posted on July 20, 2020

Saudi Arabia and Iraq agree investments in energy and sports -state TV

Saudi Arabia and Iraq have signed investment agreements on energy and sport, the kingdom's state state TV reported on Monday. An Iraqi delegation, led by Finance Minister Ali Allawi, arrived in Saudi ... ( read original story ...)

Posted on July 20, 2020

Iran Aims To Finance Petrochemical Boom Through Stock Market

Alongside the continued development of its huge West Karoun oil fields, the completion of the supergiant South Pars non-associated gas offshore sector (including the implementation of Phase 11 ... ( read original story ...)

Posted on July 20, 2020

Turkey: Central government gross debt stock hits $233B

The gross debt stock of Turkey’s central government stood at 1.6 trillion Turkish ... The figure was 23.5% higher than the same month last year, the Treasury and Finance Ministry announced. The gross ... ( read original story ...)

Posted on July 20, 2020

The Bank of Japan is in no rush to issue a central bank digital currency, says Nomura Research Institute’s Kodai Sato

In a recent webinar Kodai Sato, a senior researcher at Nomura Research Institute in Japan, contended that financial inclusion is not the top priority of Japan currently while it may be so for other ... ( read original story ...)

Posted on July 20, 2020

Chinese fintech giant Ant to go public in dual Shanghai-Hong Kong IPO

Chinese fintech firm Ant Group has begun the process of a concurrent initial public offering in Shanghai and Hong Kong. ( read original story ...)

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