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A service for global professionals · Thursday, December 12, 2024 · 768,499,480 Articles · 3+ Million Readers
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  • Published on Dec 9, 2024

    Hanmi seeks higher profile in Seoul to drive U.S. growth

    Hanmi Financial in Los Angeles has opened a representative office in Seoul to boost its U.S. Subsidiaries of Korean Companies initiative.Bloomberg News Hanmi Financial in Los Angeles is angling to benefit further from what it described as a trend of Korean …

    Source: American Banker - New York - Neutral
  • Published on Dec 9, 2024

    El Salvador Is the Only Country Directly Buying Bitcoin Among 13 BTC-Holding Nations

    Over 13 nations are now confirmed to hold the cryptocurrency, however, El Salvador stands out as the only country to make direct Bitcoin purchases, according to a report by River, a Bitcoin exchange. The United States leads with 208,100 BTC, representing …

    Source: Yahoo Finance - Label Pending
  • Published on Dec 9, 2024

    Khan Calls for Civil Disobedience, PTI Senior Leader Says It’s ‘Only Option’

    Protesters see the refusal to send money from overseas, a move that would have serious impacts on Pakistan’s struggling economy, as one of the few options left for a movement facing ongoing government suppression [Islamabad] Pakistan’s jailed former Prime …

    Source: Media Line - Uncategorized
  • Published on Dec 9, 2024

    What exactly were "global institutions" overseeing?

    Noted economist Debapriya Bhattacharya raised concerns about the role of global institutions, indicating the International Monetary Fund (IMF) and the World Bank (WB), in assessing Bangladesh's debt sustainability under the previous regime as the …

    Source: Daily Star - Neutral
  • Published on Dec 9, 2024

    Gov't presents 2025 draft budget bill, fiscal plans to Lower House

    -Draft law referred to Financial Committee for review -Finance minister says bill based on Economic Modernisation Vision -Shibli says national economy maintained stability, resilience thanks to fiscal reforms -He explains that budget focuses on reducing …

    Source: The Jordan Times - Pro-Government
  • Published on Dec 9, 2024

    Thinking Out Loud: What Does John Mahama’s Reelection Mean f...

    John Dramani Mahama, former President of Ghana, has been a prominent figure in Ghanaian politics for over two decades. After serving as vice president and president from 2012 to 2017, Mahama was defeated in the 2016 and 2020 elections by Nana Akufo-Addo of …

    Source: Modern Ghana - Neutral
  • Published on Dec 9, 2024

    China to further deepen reform comprehensively, expand opening-up: premier

    BEIJING, Dec. 9 (Xinhua) -- China will work harder to expand domestic demand and consumption, further deepen reform comprehensively, steadfastly expand opening-up, and work for the sustained growth of the Chinese economy, Premier Li Qiang has said. Li made …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Dec 9, 2024

    AFRICA/GHANA - Former President Mahama wins presidential election of December 7

    Accra (Agenzia Fides) - Former President John Dramani Mahama won the presidential election in Ghana on December 7. While the final result of the election is not yet available, outgoing Vice President Mahamudu Bawumia, candidate of the ruling New Patriotic …

    Source: Fides - Public Broadcaster
  • Published on Dec 9, 2024

    Government pursues private sector financing to avoid direct advances

    The government aims to enhance financing options that attract private sector participation beyond traditional banking institutions, despite its commitment to avoid using direct advances (DA) to address the budget deficit. In an effort to access the DA, a …

    Source: Capital Ethiopia - Uncategorized
  • Published on Dec 9, 2024

    How Mahama won back presidency in Ghana

    Ghana’s losing presidential candidate, outgoing Vice-President Mahamudu Bawumia of the New Patriotic Party’s (NPP), promptly acknowledged defeat in Saturday’s 2024 elections and extended congratulations to former President John Mahama. The decision meant …

    Source: The Citizen - Uncategorized
  • Published on Dec 9, 2024

    Govt to start notifying CPPs for disconnecting gas supply this week

    IMF programme to be scuttled if process not completed in time. Official warns of $13bn loss in exports due to CPP's gas supply cut. Country risks losing global buyers' confidence, foreign exchange. ISLAMABAD: The Petroleum Division is set to …

    Source: GEO TV - Pro-Government
  • Published on Dec 10, 2024

    Inadequate Public Enlightenment Obstructing Passage Of Tax Reform Bills (1)

    Public enlightenment typically precedes the introduction of new policies to fa­cilitate understanding, acceptance, and implementation. This is why companies seeking to go public on the Nigerian Stock Ex­change (NSE) prepare an information memo­randum to …

    Source: Independent - Label Pending
  • Published on Dec 9, 2024

    Neglecting health and education

    Often, Pakistan’s economic managers find themselves in a perpetual fire-fighting mode. This is largely because state-owned enterprises (SOEs) continue to incur massive losses, while the government overspends on routine administrative expenses. At the same …

    Source: Dawn - Center-left
  • Published on Dec 9, 2024

    Explicit and implicit taxation of agriculture

    Last month, the Punjab Assembly took the lead in amending its agricultural income tax (AIT) law, increasing the maximum tax rate from 15 per cent (in Punjab and Sindh) to align with federal income tax rates for individuals and businesses, which reach up to …

    Source: Dawn - Center-left
  • Published on Dec 9, 2024

    Asokore Mampong Rural Bank records growth amid economic challenges

    Asokore Mampong Rural Bank (AMRB) has recorded impressive operational performance for the year ending December 31 2023, achieving significant growth across key financial indicators. Speaking at the Bank’s 3rd Annual General Meeting, the Board Chairman, …

    Source: Business and Financial Times - Label Pending
  • Published on Dec 9, 2024

    Aloka Elders’ Home takes care of elderly person on the road

    Opposition Leader Sajith Premadasa yesterday (08) said that the NPP government should make a serious effort to renegotiate repayment plan in terms of Sri Lanka’s USD 3 bn deal with the International Monetary Fund (IMF) as the country couldn’t, under any …

    Source: The Island - Center-left
  • Published on Dec 8, 2024

    SoCBs' liquidity crunch amid NPL buildup under scrutiny

    Non-performing loan (NPL) buildup in Bangladesh's banking sector and liquidity stresses in the state-owned commercial banks came up for IMF scrutiny Sunday during a review of agreed reforms, officials said. Meanwhile, until June-end this year, the NPL …

    Source: The Financial Express Bangladesh - Pro-Government
  • Published on Dec 8, 2024

    Week in Review, 30 Nov to 8 Dec

    Good evening, from an increasingly troubled Mozambique. While the demonstrations called for by Venâncio Mondlane continue, lawlessness appears to be on the rise — with economic infrastructure also being targeted. The big news this weekend in that regard …

    Source: Zitamar - Neutral
  • Published on Dec 8, 2024

    Dollar reserves slip 2% at end-Nov.

    By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES’ gross international reserves (GIR) dipped at the end of November as the government settled some of its foreign currency-denominated debt, data from the Bangko Sentral ng Pilipinas (BSP) showed. …

    Source: Business World - Label Pending

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