Thailand's economic fundamentals and fiscal position remain strong, the finance minister said on Wednesday, despite the fallout of the coronavirus pandemic on the tourism-reliant country. By Orathai ... ( read original story ...)
Finance minister: Economic fundamentals still solid amid pandemic
Thailand's economic fundamentals and fiscal position remain strong in the face of the pandemic-induced recession and the "worst is behind us", new Finance Minister Predee Daochai said on Wednesday. ( read original story ...)
Indonesia plans to revamp financial regulatory structure – CNBC Indonesia
Indonesia's government plans to revamp the financial regulatory structure in a move that will include the central bank taking on the additional tasks of managing economic growth and employment, CNBC ... ( read original story ...)
No funds available: Depositors at India’s PMC Bank survive on loans, charity
In February, 82-year-old Kishan Lal appealed to India's finance minister for help, saying in a Twitter message he was ready to donate his kidney and eyes if someone could help arrange funds to treat ... ( read original story ...)
China state-owned firms’ Jan-July profits down 30.4% y/y – finance ministry
July period fell 30.4% from a year earlier to 1.48 trillion yuan ($214.34 billion), the finance ministry said in a statement on Wednesday. ( read original story ...)
Iraq Says Gas Imports from Iran to Continue for Next 5 Years
But a halt to imports from Iran will come no sooner than five years from now ... President Donald Trump said US companies were involved in many prospects in Iraq’s oil business. Ahead of Kadhimi’s ... ( read original story ...)
COVID-19 brings three-decade economic boom to a sudden halt in Vietnam
Vietnam has known only good — or great — economic news. The nation’s consistent growth as an exporter, propelled by Communist l ... ( read original story ...)
Manila Water ends bottled water business
Manila Water Co. Inc. on Wednesday said it is shutting down its purified water business, citing hefty losses that made sustaining operations in a highly competitive bottled water market difficult. ( read original story ...)
Hit by Covid-19: Pakistan’s export sector lacks credit, financing facilities to revive business
Pakistan’s export sector has been badly hit by the Covid-19 outbreak and lacks credit and financing facilities needed to revive business and trade, said experts from the business and finance industry. ( read original story ...)
‘Pakistan’s economy set to grow’
Shedding light on the challenges faced by businessmen, the governor said all concerns of the business community were genuine and resolution of the issues would help to boost the national economy ... ( read original story ...)