Shareholders of Oman’s Taageer Finance Company have approved the issuance of up to 10 million Omani riyals ($25.97 million) unsecured and unconvertible secondary bonds. The issuance of secondary bonds …
Jardine Cycle & Carriage and Cycle & Carriage Singapore ‘Step Up’ to Raise Funds for Reach Community Services Society
Through an innovative team effort, while staying within safe distancing measures, Jardine Cycle & Carriage (“JC&C;”), an investment holding company with diversified interests in market-leading …
For UAE property, the question of renting versus owning has no easy answers
End users are wary of committing to buying when property prices are still falling COVID-19: Cancelled UAE visa – do you need to pay overstay fines? COVID-19: I had a baby but lost my job – should I …
Nepal ruling party split over US aid threat to China relations
“We may have differences over the agreement, but it should not hurt our friendly relations and the environment for international aid,” Yuba Raj Khatiwada, the finance minister and government spokesman …
China’s Banks Asked to Stop Funding Turkey’s Coal Industry
More than 20 non-governmental organizations have called on Chinese banks to withdraw financial support for a coal-fired power plant under construction in Turkey, citing environmental damage and a …
Philips Lumify handheld ultrasound solution launched in Japan to enable powerful diagnostics at the bedside
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that its Lumify with Reacts handheld tele-ultrasound solution is now commercially available in Japan. Philip …
Bangladesh unveils Tk 5.68 trillion budget for FY21 to tackle pandemic
Finance Minister AHM Mustafa Kamal has tabled a national budget of Tk 5.68 trillion for fiscal year 2020-21 to propel the government’s two-pronged efforts to salvage an economy battered by the …
Bangladesh aims to keep inflation under 5.4% in FY21
The finance minister has proposed a national budget of Tk568,000 crore for the FY2020-21, biggest in the country’s history …
Bangladesh raising mobile phone voice call, text, internet data rates
Mobile phone services are getting costlier as the government has proposed a rise in supplementary duty on the services for FY 2020-21.
International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has approved a US$15 million Murabaha F …