AS a country that has faced budget deficits for over two decades amid efforts to turn surplus, Malaysia has consistently relied on borrowings to finance its revenue shortfalls. ( read original story ...)
Report: Iran Sends Another Cargo to Venezuela
Despite American sanctions on both nations, Iran appears to have dispatched another merchant ship to Venezuela. Based on AIS data, the Iranian-flagged freighter Golsan departed Iran in mid-May and is ... ( read original story ...)
Samsung denies reports of move of China display output to Vietnam
Samsung Electronics is planning to shift much of its display production from China to Ho Chi Minh City this year, Vietnamese state media reported on Friday, although the South Korean tech giant said ... ( read original story ...)
Airlines Suffer a Shaky Start as Philippines Eases Lockdown
Airlines operating in the Philippines called for swifter and more aggressive government support as a stilted restart to flights this month has done little to bring in much-needed revenue. ( read original story ...)
Pakistan’s budget 2020-21 revenue target overly ambitious: Fitch
Continuing support from IMF, other official creditors should help the govt finance its budget and contain risks associated with its fragile external position' ... ( read original story ...)
Pakistan faces tough road ahead
Earlier this week, the government of Pakistan projected the deficit at 9.1% for the outgoing year. It had set the original deficit target at 7.1% before the Covid-19 outbreak. “Pakistan’s fiscal ... ( read original story ...)
In the interest of the people
In the wake of the Covid-19 pandemic, what the government needs is revenue to ensure the wellbeing of the people and nudge back the economy. And we know that the impact of the pandemic is going to ... ( read original story ...)
Six parliamentary candidates detained in Mongolia
The Mongolian authorities have recently detained six parliamentary candidates amid the ongoing campaign for the upcoming parliamentary elections, according to local reports. Four of the detained ... ( read original story ...)
Mega tourism projects in Oman progressing well: report
The focus of the authorities in 2020 will be to continue facilitating the design and construction phases of the current mega projects ... ( read original story ...)
‘Vile regime’: Trump attempts to pry Assad from power in Syria with sanctions
Syrian President Bashar Assad has been inching toward claiming victory in a brutal nine-year civil war, with the main rebel and jihadi forces holed up in a single province along the Turkish border. ( read original story ...)