The number of borrowers is expected to increase, but this also poses higher risks for finance companies. The State Bank of Vietnam (SBV) reported that outstanding loans have reached VND8,300 trillion, …
US keen to include Pakistan in $3b regional fund
The United States intends to launch a regional fund for development in Central Asian Republics (CARs), which will include Pakistan as well. In this regard, US International Development Finance …
IDFC to involve Pakistan in regional fund
It came from the IDFC CEO Adam Boehler during a meeting with Commerce Adviser Abdul Razak Dawood. Board of Investment (BOI) Chairman Atif Riaz Bokhari and Secretary Commerce Muhammad Sualeh Ahmad …
India- World Bank announces to give USD 750 million fund to support Covid-hit MSMEs
World Bank announces to give USD 750 million fund to support Covid-hit MSMEs New Delhi, Jul 1 (KNN) The World Bank on Wednesday announced to give USD 750 million-budget support to 15 crore Micro, Smal …
India’s June gold imports plunge 86% year-on-year to 11 tonnes – government source
India’s gold imports plunged 86% year-on-year in June due to record high prices and as international air travel was banned and many jewellery shops were closed amid a nationwide lockdown to curb the …
What India’s PMC Bank scam can teach you about managing your money
The moment people put their money in a bank, they assume it is safe, forgetting that banking is just another business.
Pro-Brexiteers call for ‘special relationship’ with India, warn against trade ties with ‘malignant’ China
Brexit think tank urged the British government to diversify Britain’s trade away from a stagnating Eurozone and a Chinese economy controlled by an increasingly belligerent government and instead forge …
Report: Kuwait mulls cutting subsidies for citizens
The Kuwaiti government is allegedly discussing the possibility of cutting subsidies for citizens as part of a larger economic reform plan aimed at alleviating the economic impact of COVID-19. During …
Delistings threaten to spoil Singapore exchange’s challenge to HK
But years of delistings outnumbering new joiners have taken their toll, together with a series of corporate failures and the loss of critical trading business to rivals. Some bearish analysts see it …
Kazakh Gov Plans to Double Its Investment in Digital Currency Mining
Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC …