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WASHINGTON, Oct. 14 (Xinhua) -- World Bank Group President David Malpass on Wednesday welcomed the extension of debt relief program by the Group of Twenty (G20), calling for further efforts to help the poorest countries tackle the debt crisis.
PETALING JAYA: MIC president Tan Sri S. A. Vigneswaran has suggested the prorogation or suspension of Parliament in order to solve the political impasse that is plaguing the country amid the Covid-19 pandemic.
KUALA LUMPUR: Following are the highlights of Bank Negara Malaysia's (BNM) Financial Stability Review -- First Half 2020 released on Wednesday, which provides an assessment on the current and potential risks to financial stability and resilience of the Malaysian financial system.
HAIKOU, Oct. 13 (Xinhua): The southern Chinese province of Hainan has ordered the suspension of all ferry services in the Qiongzhou Strait starting on Tuesday, as the 16th typhoon of the year barrels toward land.
KUALA LUMPUR (Bernama): Recently, the story of a man who lost his job during the movement control order (MCO) and not tell his wife about it went viral on social media, touching the hearts of many.
WASHINGTON: Some G20 creditor countries are reluctant to broaden and extend another year of coronavirus debt service relief to the world's poorest countries, so a six-month compromise may emerge this week, World Bank President David Malpass said on Monday.
WASHINGTON, Oct. 12 (Xinhua) -- The total external debt of the world's poorest countries climbed 9.5 percent to a record 744 billion U.S. dollars in 2019, according to the World Bank Group's latest International Debt Statistics (IDS) report released Monday.
BANGKOK, Oct 12 (The Nation/ANN) - The present Covid-19 crisis was worse than the Tom Yam Kung crisis of 1997, the Bangkok Commercial Asset Management (BAM) has said, adding that non-performing loans (NPL) was of concern for Thailand’s economic system.
MANILA, Oct 12, Philippine Inquirer/ANN — A “solid majority” of lawmakers in the House of Representatives will assemble to declare the post of Speaker Alan Peter Cayetano vacant and elect Rep. Lord Allan Velasco on Monday, saying that the lower chamber needs a leader “with a heart of a public servant, and not with a heart of a tyrant.”