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Posted on June 17, 2020

In Iraq, public outrage over austerity stymies reform plan

Like she had done for years, Nisrine Saleh arrived at the bank to withdraw her monthly pension, paid by Iraq's government. Cash was missing from nearly one million retired Iraqis' allowances in June, ... ( read original story ...)

Posted on June 17, 2020

Myanmar prepared to manage further economic fallout: DASSK

The Myanmar economy is expected to deteriorate further this year as a result of COVID-19, State Counsellor Daw Aung San Suu Kyi said during a meeting with key finance ministers on June 16. She said ... ( read original story ...)

Posted on June 17, 2020

Philippines, ADB sign $500-M loan accord for 4Ps program amid COVID-19 crisis

This budget-support loan under the ESAP is part of the Philippine government’s external financing program for 2020, with $450 million of the fund proposed for accelerated disbursement by next month, ... ( read original story ...)

Posted on June 17, 2020

Lacson: Anti-terror bill would prevent terrorist financing in Philippines

"Kaya tayo nalagay sa partially compliant ng FATF (Financial Action Task Force), kasi napakahina ng ating batas o pagtugon sa terrorist financing. Sa Marawi lang ilang bilyon ang pumasok na pera roon ... ( read original story ...)

Posted on June 17, 2020

Convicted Philippine Journalist Ressa: We Won’t Be Silenced

Maria Ressa, chief executive officer and executive editor of news site Rappler Inc., discusses her conviction of cyber libel for publishing in 2012 what the court said was a defamatory report against ... ( read original story ...)

Posted on June 17, 2020

Philippines eyes to raise P400B from loans for COVID-19 recovery efforts

The Philippines will borrow at least P400 billion to support the COVID-19 economic recovery efforts, an official of the Department of Finance said Tuesday. Finance Assistant Secretary Antonio Lambino ... ( read original story ...)

Posted on June 17, 2020

Bangladesh can share crucial knowledge on locally led adaptation

Bangladesh formally took over the leadership of the group of nearly 50 countries in the Climate Vulnerable Forum (CVF) for the next two years. ( read original story ...)

Posted on June 17, 2020

China’s JD.com to Start Trading in Hong Kong on June 18

Alicia Yap, head of Pan Asia internet research at Citigroup Inc., talks about the upcoming Hong Kong trading debut of China’s No. 2 online retailer JD.com Inc. The company, which is already listed on ... ( read original story ...)

Posted on June 17, 2020

Bank of Israel Governor: Crisis Bond Purchase to Back Up Pandemic Stimulus

The Bank of Israel Governor Amir Yaron says the central bank doesn't have the same firepower to deal with a second wave of the coronavirus that it did for the first. He also admitted officials could ... ( read original story ...)

Posted on June 17, 2020

Insurers brace for tough times in UAE and across GCC

Insurers in the UAE and other Gulf countries are well-capitalised but demand for insurance will decline this year due to a delay in the rollout of mandatory health insurance in Oman and Bahrain, ... ( read original story ...)

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