Saudi Binladin Group plans to hire more advisers to accelerate one of the Middle East’s biggest corporate-debt revamps and tackle its estimated $15 billion debt pile. ( read original story ...)
Philippine Central Bank’s Maiden Bond Offer Set for Next Week
The Philippine central bank will begin selling its own securities next week, a new instrument that it said will become its main tool to control liquidity in the financial system. ( read original story ...)
Why Pakistan’s new plan to fix the bureaucracy won’t work
The new retirement rules are indicative of the priorities of the government or its desire to aim at low hanging fruit. ( read original story ...)
World’s finance ministers plan for recovery from Covid-19; Pakistan highlights debt relief
A virtual meeting of finance ministers from 60 countries, including Pakistan, and representatives of international financial institutions on Tuesday discussed ways and means to deal with the social ... ( read original story ...)
CanSino Phase 3 COVID-19 vaccine trial in Pakistan expected to begin this month
Falling COVID-19 infection numbers in Pakistan will not affect a Phase 3 clinical trial for a potential vaccine being developed by China's CanSino Biologics, which is expected to begin this month, ... ( read original story ...)
Indonesia condemned to a slow, U-shaped recovery
Indonesia's first wave of COVID-19 infections is still gathering force and consumption looks set to remain subdued through 2021 - even assuming a vaccine becomes available. ( read original story ...)
Thai economy to shrink 7%-9% this yr, protests a worry: business groups
Thailand's economy is expected to contract between 7% and 9% this year from the impact of the coronavirus pandemic, while frequent anti-government protests are a concern, a group of the country's top ... ( read original story ...)
Thailand plans $956 mln projects to boost rural incomes, farm sector
Thailand is planning new projects worth about 30 billion baht ($956 million) to support its farm sector and create rural jobs, its planning agency said on Wednesday, as it tries to restore an economy ... ( read original story ...)
Thai exports to fall 10% this year, import slump a worry -shippers
Thailand's exports could fall by 10% this year due to the impact of the coronavirus pandemic and a persistently strong baht THB=TH, a Thai shipping ass ... ( read original story ...)
Iran reveals its COVID-19 data for September 9
So far, more than 3.45 million tests have been conducted in Iran for the diagnosis of coronavirus. Iran continues to monitor the coronavirus situation in the country. According to recent reports from ... ( read original story ...)