By John Geddie & Joe Brock, Reuters, published by Nasdaq.com Singapore – Shortly after the military seized power, 55 foreign investors in Myanmar from Coca Cola to Facebook signed a statement committing to the country and employees there during developments of “deep concern”. A month on, those pledges are being sorely tested with Myanmar’s economy
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Govt moves to help Covid-hit credit card debtors
AS the coronavirus pandemic has severely affected a large number of people the government today (Feb. 13) announced that it has roped in 22 credit card issuers and financial service providers to work out debt settlement with clients in need of help, Siam Rath newspaper said. Ms. Trisulee Traisanakul, deputy spokesperson for the Prime Minister’s
Read moreGermany wants to grow out of crisis ‘with full strength’ next year
By Reuters staff, published by US News Berlin: Germany is mobilising huge sums of money to soften the impact of the coronavirus pandemic and hopes the economy will emerge from the crisis with full strength in 2021, Finance Minister Olaf Scholz said today (Nov. 27, 2020). “Our goal is to overcome this pandemic and grow
Read moreChinese companies put US listing plans on ice as tensions mount
Reuters, published by Deccan Chronicle Shanghai: Chinese companies are putting off plans for US listings as tensions between the world’s top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major capital-raising route told Reuters. The drop in interest, especially from those in the early stages of planning, is the
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