The club’s dire financial state has been public knowledge for more than two years now; a combination of financial mismanagement, extortionate player wages and the Covid pandemic led to Barça finding itself well over a billion dollars in debt. Drastic action was taken in an attempt to begin balancing theContinue Reading
KUALA LUMPUR: The government remains proactive in ensuring the stability of the ringgit and the financial market, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz told the Dewan Negara today. Read full storyContinue Reading
Along with Samoa fully reopening its borders upon August 1, an additional Pacific country transferred tentatively forward right after two years of edge closures and little or no international tourism. Yet opening up is not as simple as flipping the switch, given the numerous challenges facing Pacific aviation. Rising gas costs, mounting debt, management issues and also a shortage […]
The post How can the ‘blue continent’ remain connected? appeared first upon Asian countries Times .
Affordability matters for government debt because the burden is eventually passed onto current and future taxpayers through tax hikes or inflation. Japan’s general government gross debt was 263% of GDP at the end of 2021. Borrowing may seem affordable as long as the average yield is close to zero, but low interest rates are no longer sustainable […]
The post Waking up from the Japanese debt dream appeared first on Asia Times.
PUTRAJAYA: Seven Malaysian firms have been recognised under Forbes Asia’s 2022 Best Under A Billion list, which highlights 200 Asia-Pacific public companies with sales under US$1bil (RM4.46bil). Read full storyContinue Reading
PETALING JAYA: Construction of the littoral combat ships (LCS) is in progress at the Lumut Shipyard, says Armed Forces Pension Fund (LTAT) chief executive officer Datuk Ahmad Nazim Abdul Rahman. Read full storyContinue Reading
HONG KONG: China’s real estate crisis is casting a darkening cloud over governance and financial prospects of once highly valued property management companies, triggering a rout in their shares and making investors cautious. Already battered share prices have fallen a further 7 per cent this month as investors have reactedContinue Reading
Garment factory labourers for big clothing brands often battle for legal settlement after losing their jobs, even when court rulings favour employees in wage cases
The post Severance pay continues to be a struggle for Southeast Asian workers appeared very first on Southeast Asia World .
The country’s real estate sector is struggling with a cash crisis, forcing buyers to consider extreme steps.Continue Reading
Up until recently, American farmers and ranchers have had little reason to pay attention to Sri Lanka. The South Asian island nation is 9,000 miles away, smaller than South Carolina and less populated than Texas. As a market for US agricultural exports, it ranked 56th in 2021. But lately, Sri Lanka has been hard to […]
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