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.
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.
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 …
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.
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 …
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.
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 …
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 …
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 …
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 …