Malaysia will provide an automatic moratorium on loan repayments for the poorest 40% of the population, Finance Minister Tengku Zafrul Abdul Aziz said in parliament, as he sought support for the ... ( read original story ...)
S.Korea plans to sell 5.7 trillion won T-bonds through December
South Korea plans to sell 5.7 trillion won ($5.2 billion) worth of treasury bonds via auctions through December, the finance ministry said on Thursday. Here are auction details released by the ... ( read original story ...)
UAE’s Agthia inks deal to acquire Kuwaiti bakery business
Abu Dhabi-based food major Agthia Group on Thursday announced that it has signed a sales purchase agreement to acquire Al Faysal Bakery and Sweets, a household name in Kuwait. Al Faysal Bakery and ... ( read original story ...)
Azerbaijan, Hungary discuss possibilities of attracting investors to liberated territories
Azerbaijan and Hungary discussed the possibilities of attracting investors to the Azerbaijani territories liberated from the Armenian occupation, Trend reports with reference to the Azerbaijan Export ... ( read original story ...)
World Economic Forum announces Azerbaijan’s road quality score
The World Economic Forum has published its road quality score report for 2019, Trend reports. Azerbaijan ranks 24th among 141 countries with 5.2 points. From 2006 through 2019, Azerbaijan's average ... ( read original story ...)
Saudi, Abu Dhabi Wealth Funds Team Up on Egyptian Drugmaker Deal
Two of the biggest sovereign wealth funds in the Middle East are exploring a joint bid for an Egyptian pharmaceutical company, a deal that could mark the beginning of wider co-investment plans between ... ( read original story ...)
German, Swiss and Israeli firms to invest $350 mln in Vietnam
German, Swiss and Israeli enterprises will invest $350 million in areas like digital tourism, digital startups, healthcare, and manufacturing of personal medical appliances in Vietnam. ( read original story ...)
European business confidence highest since Covid-19 outbreak in Vietnam
Business Climate Index score of European firms in Vietnam reached its highest level since the Covid-19 outbreak at 57.5 points. ( read original story ...)
China’s Fintech Giants Scramble to Rethink IPOs, Raise Cash
Jack Ma’s vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead. ( read original story ...)
Hong Kong to see positive growth over next two years: Commerzbank
A lot of headwinds lie ahead for the city, but Hong Kong's economy has probably bottomed out after two years of sluggish growth, says Hao Zhou of Commerzbank. ( read original story ...)