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Posted on October 21, 2024

Vietnam PM says aiming to lift 2024 growth above 7%

Vietnam's gross domestic product is expected to grow by 6.8%-7.0% this year, Prime Minister Pham Minh Chinh told parliament on Monday, before adding that the government was aiming to lift growth above ...

Posted on October 21, 2024

New President Subianto swears in Indonesia’s largest Cabinet since 1966, with 109 members

President Prabowo Subianto swore in Indonesia's largest Cabinet since 1966, with 109 members. The new Cabinet includes politicians from a coalition of seven parties and figures from the previous ...

Posted on October 21, 2024

India’s Navi Finserv withdraws bond sale after RBI action, traders say

India's Navi Finserv has withdrawn a planned bond sale scheduled for bidding later in the day, five merchant bankers said on Monday, days after the country's financial regulator barred the non-bank ...

Posted on October 21, 2024

China’s listed companies rush to tap central bank funding for share purchases

More than 20 Chinese listed companies have announced plans to tap special central bank lending for share purchases, according to exchange filings, days after the People's Bank of China (PBOC) kicked off the $42 billion funding scheme.

Posted on October 21, 2024

China cuts benchmark loan prime rates by 25 bps

China cut benchmark lending rates as anticipated at the monthly fixing on Monday, following reductions to other policy rates last month as part of a package of stimulus measures to revive the economy.

Posted on October 21, 2024

Vietnam central bank says Vietcombank, MBBank to take over smaller lenders

Vietcombank and Military Commercial Joint Stock Bank (MBBank) will take over smaller lenders Construction Bank and Ocean Bank, respectively, Vietnam's central bank said on Thursday.

Posted on October 21, 2024

What is behind Vietnam’s economic success story?

The World Bank has forecast Vietnam will show the strongest growth out of emerging economies in Southeast Asia.

Posted on October 21, 2024

Bangladesh to advocate for equitable climate finance at COP29

Bangladesh will push for fair climate finance and robust adaptation strategies for vulnerable communities at the upcoming COP29 in Baku, Azerbaijan, according to Syeda Rizwana Hasan, Environment, ...

Posted on October 21, 2024

Indrawati Stays as Finance Minister in New Indonesia Cabinet

Indonesia’s new President Prabowo Subianto unveiled his cabinet just hours after taking the oath on Sunday, with Sri Mulyani Indrawati staying on as finance minister in a sign of policy continuity in ...

Posted on October 21, 2024

Pakistan savour the sweet, sweet taste of victory … as the sugar-crash can wait

One journalist piled his plate high with gulab jamuns, ping-pong ball-sized impossibly sweet milk and dough balls, before contentedly sitting down at the nearest table. Pakistan is the land of the ...

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