The particular Sang Anakhot Thailänder (Building Thailand’s Future) Party will reveal its candidate with regard to prime minister after the bill on the election of MPs is certainly enacted into regulation, party leader Uttama Savanayana said yesterday.Continue Reading
Pickup associated with revenue, good performance from OpCos, prone to exceed Headline KPIsLooks to finalising 5G commercial details with DNB so clients will benefit Axiata Group Bhd documented strong operational efficiency for the first 1 / 2 of the year ended June 30, 2022 (1H22) reflecting the strong fundamentals of its…Continue Reading
SINGAPORE – Another day, one more multibillion-dollar corruption scandal in Malaysia. 1Malaysia Development Berhad (1MDB), one of the world’s largest ever financial heists, had earlier put the Southeast Asian nation in the global spotlight along with newly incarcerated former premier Najib Razak, who appears accused of pilfering billions of dollars associated with public funds. Another Najib-era scandal […]
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COLOMBO: An International Monetary Fund (IMF) team met Sri Lanka’s president on Wednesday (Aug 24) for talks on a bailout, including restructuring debt of about US$29 billion, amid the nation’s worst financial crisis in more than seven decades. The second such visit in three months comes as the Indian OceanContinue Reading
China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-Covid policy and address a growing property crisis. The country’s traditionally strong housing market has been affected by a funding crisis that has seen development paused and led to buyers […]
The post Why China’s housing market is collapsing appeared first on Asia Times.
“If Russia fails, all bets are off for the 21st century. And if Russia succeeds as a nation-state in the family of nations, it will owe much of that success to one man, Vladimir Vladimirovich Putin.” – Time magazine, “Putin Man of the Year” in 2007 Admire him or despise him, Russia’s president has put […]
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No central bank’s 2022 has been turned upside down more abruptly compared to Yi Gang’s People’s Bank of China (PBOC). That’s saying a lot given the particular economic shocks further complicating the year for US Government Reserve Chairman Jerome Powell amid overheating risks. Or Western Central Bank Chief executive Christine Lagarde fighting an euro with 20-year lows. Or even […]
The post China’ s rate cuts could be too little, too late appeared first upon Asian countries Times .
“He definitely wants to come back. But security is the main issue and intelligence has advised that he delay his return,” said one of the sources, a Sri Lankan government official. “He may return in two weeks or even before that if arrangements for his safety can be made.” TheContinue Reading
HK: Cash-strapped Chinese creator Shimao Group has proposed a two-class restructuring plan to offshore creditors to repay US$11. 8 billion over a period of three to eight years, according to 2 sources with direct knowledge of the matter and a document seen by Reuters. Shanghai-based Shimao first missed a communityContinue Reading
TOKYO: Japan’s Ministry of Financing is set to request 26. 9 trillion yen (US$195. five billion) for financial debt servicing in the financial year beginning in April 2023, Yomiuri newspaper reported on Tuesday (Aug 23). That would tag a 10. 9 percent increase from a preliminary debt-servicing budget for thisContinue Reading