Bankers have “smuggled” up to $6bn out of Lebanon since October, circumventing controls introduced to stem capital flight, according to the country’s former top finance civil servant, Alain Bifani, ... ( read original story ...)
Israel will always be a Jewish state
It is not surprising that at a time when nearly all the American values that have served our nation for generations are being rejected upon the flimsiest and most dangerous of theories, an Upper West ... ( read original story ...)
UAE completes phase 1 of e-Dirham transformation
The UAE’s Ministry of Finance (MoF) has announced the completion of phase one of the transformation of the e-Dirham system, in cooperation with relevant ministries and national banks across the UAE. ( read original story ...)
Philippines Central Bank to Keep Easy Policy Over Next Two Years
The Philippine central bank will likely keep policy accommodative over the next two years to deal with lingering economic damage from the coronavirus pandemic, Governor Benjamin Diokno said ... ( read original story ...)
6% women have access to finance
For the economic empowerment of women to tap their economic potential and for a positive cyclical effect, institutional mechanisms and partnerships are needed in terms of access to finance and ... ( read original story ...)
U.S. regulators downgrade Pakistan’s air safety rating
The U.S. Federal Aviation Administration (FAA) has downgraded Pakistan's air safety rating after the agency raised concerns about pilot certifications. The decision, disclosed on an FAA spreadsheet ... ( read original story ...)
Covid-19: Pakistan among twelve nations facing education emergency
British charity Save the Children has bracketed Pakistan among a group of 12 countries ... extreme poverty by 2030 – also called on G20 finance ministers to take additional steps to further ... ( read original story ...)
Muthoot Finance cashback scheme launched for customers amid COVID-19 pandemic
Muthoot Finance, India’s largest gold loan NBFC, has launched a special cashback scheme Muthoot Online Money Saver programme (MOMS) for customers paying interest online. ( read original story ...)
India Market for Bank Bonds Faces Key Test After Yes Bank Crash
(Bloomberg) -- One of India’s largest state-run lenders is planning to sell a riskier type of bank bond this week, in the first sale of such debt since local authorities permanently wrote down similar ... ( read original story ...)
China June exports unexpectedly rise as economies reopen, imports up
shrinking global demand and disruptions in supply chains are likely to pressure China's trade outlook in the long term, Institute of Advanced Research at Shanghai University of Finance and ... ( read original story ...)