“The process of seeking membership will take at least four years and Thailand can withdraw at any stage if found unbeneficial,” he said. The commerce ministry earlier said membership would boost …
Bangladesh budget to chart a pathway from crisis
As the government weighs measures to salvage the economy battered by the coronavirus while saving the lives of the people, the finance minister is about to present the national budget for fiscal …
City Bank partners with ITFC for $15m trade finance line
By photo by Sheikh Mohammad Maroof, Additional Managing Director of City Bank Limited and Eng. Hani Salem Sonbol, CEO of International Islamic Trade Finance Corporation (ITFC), recently signed an …
Finance minister draws a bead on economic recovery
The national and global lockdown measures aimed at battling the Covid-19 pandemic have taken their toll on Bangladesh’s industrial production, obliterating tens of thousands of jobs, incomes and …
Al Salam Bank sponsors the BIBF Islamic Finance Handbook
Bahrain announced the sponsorship of the Islamic Finance Handbook for practitioners, produced locally by the Bahrain Institute of Banking and Finance ( BIBF ), to further bolster Islamic Finance …
Georgia Was A Mess. Here’s What Else We Know About The June 9 Elections.
Yesterday’s primary elections were once again marred by serious problems at the polls, especially in Georgia. However, in this case, the issues probably had less to do with the COVID-19 pandemic, and …
StanChart signs $35m sustainable finance deal with OSC
This sustainable financing agreement is the first of its kind in Oman and a first for Standard Chartered Bank in the Middle East. The 8-year facility is linked to key sustainability targets in line …
Here’s the hefty Covid-19 bill Cambodia is asking tourists to pay
The costs include a $5 travel fee (R83) from the airport to a waiting centre for lab test results, $100 (R1659) for a Covid-19 test and $30 (R498) for accommodation at a hotel or …
Sri Lankan shares end higher as financial stocks rise
Sri Lankan shares rose marginally on Wednesday with financial stocks comprising more than half the session’s gains, helping the benchmark index close higher for a third straight day.
South Korea’s Economic Policies Prepared It for the Coronavirus—North Korea’s Did Not
While Pyongyang appropriates its citizens’ foreign currency, Seoul becomes a safe haven for foreign investors.