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Tag: finance

Posted on July 1, 2020

Saudi Bank Merger Points to Trouble at Heart of the Economy

When Saudi Arabia last saw a merger of two of its biggest banks, the oil price was recovering from a dramatic slump, the kingdom was in the midst of a deep recession and its debt exceeded the size of …

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Posted on July 1, 2020

Myanmar Citizens Bank to issue MPU-JCB Co-Branded Debit Card in Myanmar

Myanmar Citizens Bank (MCB Bank), a listed company on the Yangon Stock Exchange in the Republic of the Union of Myanmar (Myanmar), and JCB International Co. Ltd. (JCBI), the international operations …

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Posted on July 1, 2020

Vietnam sees greater budget transparency

Vietnam’s Open Budget Index (OBI) increased rapidly in 2019 compared to 2018, according to a survey released on July 1.

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Posted on July 1, 2020

South Africa: COVID-19 Again Looms Large Over Second-Half Economic and Financial Market Prospects

Analysis – The flare-up in coronavirus infections in South Africa, US, Brazil and Iran in late June looms large over the likelihood of further financial market gains and economic recovery prospects …

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Posted on July 1, 2020

Vietnam sees greater budget transparency

Vietnam’s Open Budget Index (OBI) increased rapidly in 2019 compared to 2018, according to a survey released on July 1.

( read original story …)



Posted on July 1, 2020

Bangladesh announced USD67 billion budget for following FY

The parliament of Bangladesh said on Tuesday that it has approved a USD67 billion national budget from the following 2020-21 fiscal year, starting on July of 2020 and ending on June of 2021.Finance …

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Posted on July 1, 2020

India asks telcos, internet firms to block banned Chinese apps, ByteDance to hold talks

India has ordered telecom companies and other internet providers to stop access to 59 banned Chinese-origin apps, according to notices seen by Reuters, intensifying efforts to crack down on such …

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Posted on July 1, 2020

Surging Inflows Spur Battle to Limit Taiwan Dollar’s Strength

The intraday trading chart for Taiwan’s currency is looking more and more crazed as suspected intervention by the central bank combats pressure on the exchange rate to strengthen.Take Tuesday. The …

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Posted on July 1, 2020

Hong Kong Marks Handover Anniversary Under Shadow Of Security Law

Hong Kong marked the 23rd anniversary of its handover to China on Wednesday under the glare of a new national security law imposed by Beijing, with protests banned and the city’s cherished freedoms …

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Posted on July 1, 2020

Taiwan opens office to help people fleeing Hong Kong

Taiwan opened an office on Wednesday to help people fleeing Hong Kong after China imposed new national security laws in the city, with a senior minister sa …

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