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Tag: finance

Posted on June 26, 2020

Sri Lanka Treasury and central bank should consider credit guarantees for Covid-19 distressed bank loans

Advocata Fellows Liquidity injections will impact forex market and debt repayments Even though Sri Lanka’s economy has opened up, businesses are still recovering from the dual shock of the locally …

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Posted on June 26, 2020

Sunni figures in exile return to Iraq as part of national reconciliation

Rafi Isawi has returned to Iraq to face trial for accusations related to terrorism; other Sunni figures with similar cases have expressed readiness to return to Iraq.

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Posted on June 26, 2020

Myanmar says it will only accept China loans if interest rate is low

The CTB and Exim Bank of China have offered Myanmar “grant loans”. Before the current government came in, other countries did not grant loans to Myanmar. Under those circumstances, China granted loans …

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Posted on June 26, 2020

Lotte Group joins hands with Vietnam for post-pandemic recovery

Lotte Group has just handed over VND3.66 billion ($159,130) through the Vietnam Fatherland Front Committee to the Central Pediatric Hospital and 108 Military Hospital, with the desire to accompany the …

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Posted on June 26, 2020

Vietnam plans to reduce environment tax on jet fuel to help airlines

Vietnam plans to cut environment tax on jet fuel by 30% to help local airlines weather the impact of the coronavirus pandemic, the Ministry of Finance said on Friday.

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Posted on June 26, 2020

Manulife Is Leading Bidder for Aviva Vietnam Insurer Unit

Manulife Financial Corp. is emerging as the leading bidder for Aviva Plc’s Vietnamese unit as it eyes further expansion in southeast Asia, according to people familiar with the matter.

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Posted on June 26, 2020

Indonesia’s Finance Minister Sri Mulyani on Funding the Stimulus

Sri Mulyani Indrawati, Indonesia’s Minister of Finance speaks to Bloomberg’s Haslinda Amin at the Boomberg Invest Global virtual summit about funding Indonesia’s stimulus package. (Source: Bloomberg) …

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Posted on June 26, 2020

Forbes Names Bank OZK Best Bank in Georgia

LITTLE ROCK, Ark., June 25, 2020 — Bank OZK (the “Bank”) (Nasdaq: OZK) has been named as the #1 bank in Georgia by Forbes in their “Best-in-State” annual ratings for each.

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Posted on June 26, 2020

Saudi Arabia owns more than half of Lucid Motors

California EV startup Lucid Motors gave up majority ownership to Saudi Arabia’s sovereign wealth fund in exchange for the $1.3 billion investment it closed last year, according to an email from the …

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Posted on June 26, 2020

‘Profound regret’: ICC prosecutor on being hit with US sanctions over Afghanistan war crimes probe

President Donald Trump authorised economic and travel sanctions against Fatou Bensouda and other ICC workers over their probe into whether US troops and intelligence officials committed war crimes in …

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