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Posted on June 11, 2020

Budget FY21: Power, energy sector receives Tk26,758 crore; slight decrease from outgoing fiscal

The country’s power and energy sector has received an allocation of Tk26,758 crore in the proposed national budget for the 2020-21 fiscal year placed in the Jatiya Sangsad by Finance Minister AHM ... ( read original story ...)

Posted on June 11, 2020

Global Digital Assets and Alpha Sigma Capital win $350 Million Dollar Mandate from LehmanBush

Global Digital Assets (GDA Capital) has secured a $350 million dollar mandate from LehmanBush to co-advise on the firm’s acquisition of blockchain, financial technology, and decentralized finance ... ( read original story ...)

Posted on June 11, 2020

U.S. and Mongolia Cultivate Strong Partnership in Indo-Pacific

Mongolia, a landlocked country between China and Russia, thus far has managed to contain the spread of COVID-19 with prompt and strict measures.  The country introduced social distancing early on, and ... ( read original story ...)

Posted on June 11, 2020

SouthGobi Announces Status Update on 2019 Financial Statements

SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces that it anticipates that its external auditors (the “Auditors”) will not be in a position to render an unmodified ... ( read original story ...)

Posted on June 11, 2020

Liquid Finance helps Large Agriculture Equipment Manufacturer GVM, Inc. Exit Chapter 11 Bankruptcy in Post COVID-19 Environment

GVM Inc. of Biglerville, PA, an American manufacturer of high-end agriculture equipment called Prowler Double Duty Spreaders and Mako Sprayers, has exited Chapter 11 Bankruptcy in a transaction with ... ( read original story ...)

Posted on June 11, 2020

A Whole Day’s Trades Get Canceled in Kuwait Over Dividend Chaos

The timing wasn’t ideal: while Kuwait’s central bank governor was in a forum Wednesday with lawmakers and executives discussing plans to boost the economy, shares in the Gulf state’s lenders were ... ( read original story ...)

Posted on June 11, 2020

Lebanon tax revenue down 12.5% in Q1 as economic crisis bites

Lebanon's tax revenues dropped 12.5% during the first quarter of 2020 compared to a year earlier, ministry of finance data showed on Thursday, as a bruising financial crisis took its toll. BEIRUT, ... ( read original story ...)

Posted on June 11, 2020

Lebanon could have had oil tanker seized by Eurobond holders: minister

Lebanon could have recently had an oil tanker seized by Eurobond holders because of its stinging debt crisis and the government was taking steps to avoid such risks in future, the energy minister said ... ( read original story ...)

Posted on June 11, 2020

Azerbaijan provides humanitarian aid to citizens stranded in Turkey

Earlier, Azerbaijan sent financial aid to 90 citizens stranded in Uzbekistan due to the closure of borders amid COVID-19. Over 20.000 citizens have already been repatriated to the country. The ... ( read original story ...)

Posted on June 11, 2020

Thai rice prices hit 1-month peak on strong baht, supply woes

Quotes for Thailand's benchmark 5-percent broken rice prices rose to $505-$533 per tonne on Thursday - the highest level since early May - from $490-$512 last week. The baht hit a more than four month ... ( read original story ...)

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