Samsung Electronics is planning to shift much of its display production from China to Ho Chi Minh City this year, Vietnamese state media reported on Friday, although the South Korean tech giant said …
Airlines Suffer a Shaky Start as Philippines Eases Lockdown
Airlines operating in the Philippines called for swifter and more aggressive government support as a stilted restart to flights this month has done little to bring in much-needed revenue.
Pakistan’s budget 2020-21 revenue target overly ambitious: Fitch
Continuing support from IMF, other official creditors should help the govt finance its budget and contain risks associated with its fragile external position’ …
Pakistan faces tough road ahead
Earlier this week, the government of Pakistan projected the deficit at 9.1% for the outgoing year. It had set the original deficit target at 7.1% before the Covid-19 outbreak. “Pakistan’s fiscal …
Georgia Senate panel moves to hike taxes on cigarettes to $1.35 a pack
Taxes on cigarettes would go from 37 cents per pack to $1.35 under a measure passed by a key Georgia Senate committee Friday. The Senate Finance Committee approved an amended bill sponsored by Sen.
Georgia budget slicing spending advances as Democrats object | Raleigh News & Observer
The Georgia Senate has advanced a state budget proposal that would reduce spending by 11%, forcing service cuts, unpaid furloughs and layoffs across state government.
Cambodia Plots a Dollar-Free Future With Blockchain-Based Payments: White Paper
Cambodia’s central bankers are riding their hopes of de-dollarization on a national payments blockchain: Project Bakong.
From down and out to the ‘Tesla of Thailand’
On the surface, Somphote Ahunai, one of Thailand’s few self-made billionaires, is easily compared to Elon Musk — the ostentatious, genius Tesla founder, who is as well known for his prophetic …
AIIB approves loan to support Mongolia’s COVID-19 response
The Asian Infrastructure Investment Bank (AIIB) said Friday its board of directors has approved a loan of 100 million U.S. dollars to Mongolia to support its COVID-19 Rapid Response Program. The …
Lebanese finance ministry allocates over 8 mln USD for public hospitals
Lebanon has been working hard on equipping public hospitals following the outbreak of COVID-19 in the country and the increasing need for public establishments to receive COVID-19 patients. Health …