Lebanon had its rating cut to the lowest grade by Moody’s Investors Service, which said that bond investors will likely suffer major losses on their holdings as the government struggles to secure aid ... ( read original story ...)
Lebanon Is Now Rated as Low as Venezuela After Moody’s Cut
Lebanon had its rating cut to the lowest grade by Moody’s Investors Service, which said that bond investors will likely suffer major losses on their holdings as the government struggles to secure aid ... ( read original story ...)
UAE remittances business set for rebound
Al Ansari said the relatively less adverse impact on remittance business comes as a result of the UAE government's balanced approach in managing the pandemic and minimise its effect on the state of ... ( read original story ...)
Goldman has done it again with its Malaysia deal
Last week, after months of public sparring and days of tough in-person negotiations, the Wall Street bank finally reached a deal with Malaysia over allegations that it had helped a former prime ... ( read original story ...)
Cambodia Angkor Air ready to take-off
Tekreth Samrach said this month the company is observing a remarkable achievement as Cambodia Angkor Air celebrates its 11th anniversary on July 27. He said that in 2009, Cambodia Angkor Air was the ... ( read original story ...)
Turkey travel advice: Is it safe to travel to Turkey? FCO guidelines latest
TURKEY is a popular holiday destination for Brits due to its warm weather and beautiful beaches, but is it currently safe to travel to Turkey during the coronavirus pandemic? ( read original story ...)
Japan’s Biggest Banks May Stave Off Bad Loan Surge, for Now
Japanese banks face sharply higher bad loan costs due to the pandemic, but the damage is unlikely to show through in first-quarter earnings reports.The three largest lenders have already forecast ... ( read original story ...)
Huawei Cambodia commits to enhancing Kingdom’s digital landscape
Huawei Cambodia was built on the vision of boosting the reach of information and communication technology infrastructure and systems and smart devices across numerous countries. Working on this goal, ... ( read original story ...)
Japan stirs controversy with huge COVID aid contract for ad giant Dentsu
Off a narrow corridor above a store selling Persian rugs in central Tokyo, a small office houses a private operation which won a tender in April to distribute more than $20 billion in government aid ... ( read original story ...)
Indonesia’s Direct Financing Is Test Case for Emerging Markets
like Finance Minister Sri Mulyani Indrawati, are credible. “The Indonesia burden-sharing program is a success given it has a clear timeline and framework,” said Jean-Charles Sambor ... ( read original story ...)