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Posted on December 5, 2020

Russia to scrap tax agreement with Netherlands as proposed approach fails to combat capital outflows

Russian lawmakers initiated denouncing a tax agreement with the Netherlands. The deal was designed to avoid double taxation, but so far negotiations have come to a deadlock.

( read original story …)



Posted on December 5, 2020

The road to financial innovation

University of Macau experts believe the city can be developed into hub to design financial products and platforms. Fintech is the way …

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Posted on December 5, 2020

CBD recognised at MEA Finance Awards

Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, recently won the ‘Best Commercial Bank’ and ‘Best Digital …

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Posted on December 5, 2020

Azerbaijan’s irrigation company to finance power supply of crop areas

Joint management of melioration and irrigation facilities under construction at Amelioration and Water Management OJSC and HOVERS GROUP LLC signed a contract worth over 1.2 million manat ($710,000), …

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Posted on December 5, 2020

Anwar: Malaysia’s Fitch Ratings downgrade shows urgent need for reforms, transparency from government

Stressing the need for a Covid-19 pandemic exit plan for Malaysia shaped by clear governance and an inviting investment-friendly environment, Anwar claimed that the finance minister had not managed to …

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Posted on December 5, 2020

Govt should address key concerns that led to Malaysia’s downrating by Fitch, says Anwar

The government should address the key concerns that led to Malaysia’s sovereign credit rating being downgraded by Fitch Ratings, says Datuk Seri Anwar Ibrahim.

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Posted on December 5, 2020

Anwar: Zafrul failed to address Fitch’s concerns behind Malaysia’s downgrade

Finance Minister Tengku Zafrul Abdul Aziz has failed to address the root cause behind Fitch Ratings’ decision to downgrade Malaysia’s long-term foreign-currency issuer default rating from “A-” to …

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Posted on December 5, 2020

Forex trading by individuals booms in Vietnam though illegal

Vietnam is seeing increasing interest in forex trading though it is illegal and is often used by unscrupulous brokers to con new investors.

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Posted on December 5, 2020

Five Firms Advise on Singapore’s Largest Ever Insurance Deal

Advised by Latham, Norton Rose and TSMP Law, a consortium led by Singlife will pay $2.1 billion for majority shares in Aviva Singapore and create a combined business called Aviva Singlife.

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Posted on December 5, 2020

Benny Gantz: Elections are wrong for Israel but better than paralysis

“I will meet with the Finance Minister on Sunday and I say this clearly and now: The options are a budget now or elections.” …

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