The government has been shaping its economic measures and strategies accordingly as the COVID-19 pandemic wreaks havoc on the global economy. Permanent Secretary of State at the Ministry of Economy …
Digital Kazakhstan program for rural connectivity making progress
Kazakhstan’s mobile market was once highly … spending on telecoms services and devices is under pressure from the financial effect of large-scale job losses and the consequent restriction …
At UN, Russia Fails to Push Through Syria Resolution Cutting Aid Access
Russia failed on Wednesday to push a draft U.N. resolution through the U.N. Security Council that would have cut aid access from Turkey into northwest Syria, leaving the humanitarian operation and …
Sri Lanka central bank delivers steep rate cuts to support virus-hit economy
Sri Lanka’s central bank delivered an unusually large cut to two of its key interest rates on Thursday as it ramped up efforts to support an economy which has been battered by the COVID-19 pandemic. T …
Sri Lanka Reduces Key Rate for Fifth Time to Aid Economy
Sri Lanka’s central bank lowered borrowing costs for a fifth time this year to support the economy amid the coronavirus crisis.
U.S. envoy wraps up S.Korea visit overshadowed by N.Korea tensions
U.S. Deputy Secretary of State Stephen Biegun was due to wrap up meetings with South Korean officials in Seoul on Thursday, before moving on to Japan in a trip overshadowed by stalled denuclearisation …
Malaysia’s May factory output plummets 22.1%, but less than forecast
Malaysia’s industrial production index in May fell 22.1% from a year earlier, slowing for the third month in a row, government data showed on Thursday, as curbs imposed to contain the coronavirus …
Finance leaders discuss capital flows volatility over coronavirus fears
The Saudi G20 Presidency was co-chaired by Saudi Arabia’s Finance Minister Mohammed Al-Jadaan and France’s Minister of Economy and Finance Bruno Le Maire. RIYADH — The Saudi G20 Presidency and the …
UPDATE 1-Thai financial system more vulnerable as pandemic hits economy -cbank minutes
Thailand’s financial system had become more vulnerable due to a weaker-than-expected economic outlook amid the coronavirus outbreak, minutes from the latest central bank policy meeting showed on …
US Sanctions Worsening COVID-19 Situation in Iran: Health Minister
saying that the Health Ministry was obligated to stop opposing the reopening of businesses when the government is unable to provide financial support for a booth owner, a taxi driver, or a shopkeeper.