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SHANGHAI (China Daily/ANN): Foreign-invested enterprises will not be required to maintain a separate account for renminbi-denominated capital flows at a pilot project in Shanghai soon, a senior official from the People's Bank of China, the central bank, said on Thursday (Nov 19)
BEIJING, Nov. 15 (Xinhua) -- China's fixed-asset investment (FAI) will resume the upward momentum next year, with strong infrastructure FAI underpinning its growth at the beginning of the year, Fitch Ratings said in a report.
BEIJING: Commercial lenders must increase their loan loss provisions in advance and dispose of more non-performing loans to prevent further asset quality erosion due to the lingering effects of the Covid-19 epidemic, according to a senior central bank official.
BEING among the first nations in South-East Asia to close its borders and put in place a movement control order to curb the spread of Covid-19, Malaysia has made a recovery to record the strongest gross domestic product (GDP) result among neighbouring countries.
ABU Dhabi’s government has stumped up around $22 billion for Etihad Airways since it began flying in 2003, underscoring the ambition of the oil-rich emirate to turn its national carrier into a global player before the effort faltered in recent years.
LONDON: Sovereign wealth funds are seeking to raise funding via debt and equity markets as the coronavirus crisis and low commodity prices stretch state finances.
RBI’s push will help sell 1.1 trillion rupees more debt
JAKARTA, Oct 23 (Reuters): Indonesia's incoming foreign direct investment (FDI) grew for the first time in three quarters in the July-September period and could continue to rise next year helped by a new deregulation law, its investment board chief said on Friday.
JAKARTA (The Jakarta Post/ANN): The International Monetary Fund (IMF) has raised concern over environmental protection -- or the lack thereof -- in the Job Creation Law, calling on the government to ensure sustainable growth.