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Posted on December 3, 2020

Singapore Urged to Raise Audit Standards to Avoid ‘Failures’

Singapore needs to raise its auditing and accounting standards to help boost the nation’s ESG credibility following a series of corporate scandals, according to the country’s top central banker.

( read original story …)



Posted on December 3, 2020

Israel transfers over $1 billion in tax revenues to Palestinians

The Palestinian Authority suspended the transfers in May, worsening the cash-strapped government’s financial woes.

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Posted on December 3, 2020

Leumi Named 2020 Bank of the Year in Israel by The Banker

“Congratulations to Bank Leumi for scooping the accolade for Israel in The Banker ‘s Bank of the Year Awards 2020,” says Joy Macknight, managing editor of The Banker. “In addition to the bank’s strong …

( read original story …)



Posted on December 3, 2020

Israel economy to shrink 4.2% in 2020, grow 4.5% in 2021 – Finance Ministry

Israel’s economy is poised to shrink 4.2% in 2020 and grow 4.5% next year, the Finance Ministry estimated on Monday in an updated forecast.

( read original story …)



Posted on December 3, 2020

United Arab Emirates (UAE) Life Insurance Market, Key Trends and Opportunities Report 2020-2023 – ResearchAndMarkets.com

Key trends and Opportunities to 2023” report has been added to ResearchAndMarkets.com’s offering. ‘United Arab Emirates (UAE) Life Insurance – Key trends and Opportunities to 2023’ report provides …

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Posted on December 3, 2020

Malaysia’s economy to recover next year: MIDF Research

Malaysia’s economy is set to recover in 2021, driven by domestic support, although headwinds in 2020 will continue to persist next year and weigh on growth expectation.

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Posted on December 3, 2020

Turkey vows to establish price stability as inflation rises to 14.03% in November

Turkey’s annual inflation jumped by more than expected to 14.03% in November, its highest since August 2019, keeping up the pressure for tight monetary policy after a sharp …

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Posted on December 3, 2020

EMERGING MARKETS-Turkey’s lira slips on higher than expected inflation

Turkey’s lira slipped on Thursday after a bigger than expected spike in inflation, while most other emerging market currencies in Europe, the Middle East and Africa retreated on soft economic readings …

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Posted on December 3, 2020

Monetary policy easing releases P1.9T to Philippine financial system

Some P1.9 trillion has been released to the Philippine financial system as a result of monetary policy easing measures that have brought down rates to record lows, the Bangko Sentral ng Pilipinas (BSP …

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Posted on December 3, 2020

Finance Ministry remains optimistic about economic revival in third quarter

An overall increase in rabi coverage with adequately filled irrigation reservoirs bodes well for growth of agricultural output in 2020-21. The sustained demand for labour arising from increase in rabi …

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