China’s economy returned to growth in the second quarter following a coronavirus contraction, with President Xi Jinping promising continued expansion ahead and urging foreign companies to be a part of …
China’s economy bounces back from pandemic contraction
China’s economy returned to growth in the second quarter following a coronavirus contraction, with President Xi Jinping promising continued expansion ahead and urging foreign companies to be a part of …
Thai finance minister resigns amid economic team shake-up
Thailand’s Finance Minister Uttama Savanayana resigned on Thursday in a move that adds uncertainty to policy making at a time when Southeast Asia’s worst-performing economy is struggling to recover …
Hong Kong Ceases to Be Safe Haven in Gathering U.S.-China Storm
Hong Kong, until recently an oasis of political stability in Asia, is now gripped with unprecedented regulatory and legal uncertainty that threatens its position as one of the world’s top financial …
Ericsson Extends Partnership With Omantel for 5G Development
Omantel’s 5G network push shows its contribution to the Oman 2040 Vision initiative … the company maintains the financial targets for 2020 and 2022. Ericsson is scheduled to report second …
Saudi Arabia, US blacklist targets in Turkey, Syria for terrorist financing of ISIS
File photo of smoke rising in Syria’s Raqqa in 2017 during fights between the Syrian Democratic Forces (SDF) and ISIS militants. (Reuters) Saudi Arabia added six entities, including money transfer …
Kazakhstan to Issue Short-term Government Securities In Region of $2.43 billion to Support Economy
The Kazakh National Bank and the Kazakh Ministry of Finance will issue short-term government securities up to 1 trillion tenge (US$2.43 billion) on a regular basis until the end of 2020 to maintain …
Government to produce, promote ayurvedic medicine in Nepal
The government has issued Singha Durbar Baidyakhana Development Board Formation Order-2020, for production, sale and distribution of quality ayurvedic medicines.
Malaysia estimates 2020 palm oil exports will reach $15.2 billion-$16.4 billion
The world’s second largest palm oil producer Malaysia has estimated its total palm oil export value this year at 65-70 billion ringgit ($15.24 billion-$16.41 billion), the Plantation Industries and …
Thai finance minister resigns amid major shake-up in economic team
Uttama Savanayana says it’s an appropriate time to resign and there was no pressure to do so. (Twitter pic/UKASEAN) BANGKOK: Thailand’s Finance Minister Uttama Savanayana resigned on Thursday in a …