The artillery fire came after clashes between Pakistani and Afghan security forces at the closed Chaman-Spin Boldak border crossing, where crowds on both sides were waiting to cross for the Muslim ... ( read original story ...)
Thai fin ministry slashes 2020 GDP outlook to 8.5% contraction
Thailand's finance ministry on Thursday slashed its 2020 economic forecast to a record 8.5% contraction in gross domestic product from the 2.8% growth it projected in January, due to the impacts of ... ( read original story ...)
Thailand second quarter economy likely shrank by record 12%-13% year-on-year: central bank
Thailand's economy may have shrank by 12%-13% in the second quarter from a year earlier due to the impacts of the coronavirous pandemic, the central bank said on Friday, in what could be a record ... ( read original story ...)
Turkey and Greece Need Angela Merkel’s Intervention
A rare opportunity to calm the troubled waters of the Eastern Mediterranean arose this week, with Turkey putting on hold a controversial seismic survey in an area contested by Greece. Its research ... ( read original story ...)
Turkey gives services, tradesmen tax relief over virus
Aiming to support economic activities feeling fallout from pandemic, move includes VAT and withholding tax cut - Anadolu Agency ... ( read original story ...)
Philippine banking system grows despite pandemic; resources at 95% of GDP —DOF
The Philippines’ banking system grew faster than the country’s nominal gross domestic product (GDP) in May this year, and even accounted for 95.8% of the economy, data released by the Department of ... ( read original story ...)
Philippines sets aside P20-B to vaccinate 20-M vs COVID-19
Nonetheless, Friday's televised briefing provided some idea on the government's optimism that a COVID-19 vaccine is just around the corner. Dominguez cited four vaccines currently in advanced stages ... ( read original story ...)
Philippines Could Have Its Own Digital Currency Like China
The Philippine Central Bank formed a technical working group ... central banks are rushing to create digital currencies to give them the ability to run the financial system without banks. He cited ... ( read original story ...)
Japan MOF, FSA, BOJ to meet from 0700 GMT – MOF
Senior officials from Japan's Ministry of Finance (MOF), the Bank of Japan and the Financial Services Agency will meet on Friday from 4 p.m. (0700 GMT) to discuss financial markets, the finance ... ( read original story ...)
ADB to finance $200 million into private gas power plant in Bangladesh
The Asian Development Bank (ADB) will provide a $200 million financing package to the (RBLPL) to build and operate a 718MW combined-cycle gas-fired power plant in Bangladesh. An agreement to this end ... ( read original story ...)