Tag Archives: finance minister

Imran Khan should not have reacted publicly against the EU, says Pakistani Finance Minister Tarin

NNA | Update: March 10, 2022 8:07 p.m. STI Islamabad [Pakistan]Mar 10 (ANI): Finance Minister Shaukat Tarin said on Wednesday that Prime Minister Imran Khan should not have reacted “publicly” against the European Union in his recent speech where he lambasted the bloc’s ambassadors for asking in Pakistan to condemn …

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Sanctions against Russia highlight the dollar’s exorbitant privilege

Sanctions imposed by the United States and the European Union on Russian banks have made Russian business entities a global pariah, much like North Korea. Importers, exporters and banks in many countries are stuck with receivables, payables and exposures and there is a small fear of large defaults. But in …

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Thai fiscal and monetary policy to help ensure a full recovery in 2024 – Finance Minister

BANGKOK: Thailand’s fiscal and monetary policies are still working together to achieve 4 percent economic growth this year and ensure a full economic recovery, its finance minister said Thursday. The central bank had expected Southeast Asia’s second-largest economy, which grew 1.6% last year after a 6.2% contraction in 2020, to …

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G-20 finance chiefs pledge to monitor geopolitical risks and act on inflation

Finance chiefs from the Group of 20 advanced and emerging economies agreed on Friday to keep an eye on geopolitical risks amid growing concern over a possible Russian invasion of Ukraine, while pledging to take the necessary steps to contain inflationary pressures as oil and food prices rise. In a …

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Uttama dangles financial boost for tourism

Former Finance Minister Uttama Savanayana The newly formed Sang Anakhot Thai (Building Thailand’s Future) party on Monday unveiled its Restart Thai Tourism platform with a plan to create a 20 billion baht fund to help the tourism industry get back on its feet. after the Covid-19 pandemic. Party co-founder Uttama …

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Building a better future

Finance Minister Arkhom Termpittayapaisith addresses the virtual conference “Future of Growth: Thailand Vision 2030” as the keynote speaker to mark the 20th anniversary of “Post Today”. Finance Minister Arkhom Termpittayapaisith outlined eight areas Thailand needs to work on over the next decade to increase the country’s competitiveness. During a keynote …

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Mexico’s finance chief prepares infrastructure plan to revive economy

Links to the breadcrumb PMN Company Author of the article: Bloomberg News Maya Averbuch and Nacha Cattan Publication date : February 04, 2022 • 10 minutes ago • 2 minute read • Join the conversation Content of the article (Bloomberg) – Mexico is preparing a multibillion-dollar infrastructure package with private …

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Indonesian rupiah businesses amid weak Asian currencies during the holidays

Asian currencies mixed in a thin trade Stocks from Japan, India and the Philippines rise China, South Korea, Malaysia, Taiwan and Singapore are closed for the holidays Feb 2 (Reuters) – The Indonesian rupiah strengthened on Wednesday after the country’s finance minister took a cautious stance on the timing of …

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Ministerial row delays EV measures

Ministerial row delays EV measures Focus from the initial phase to the debate A visitor examines an electric vehicle at the Motor Expo last November in Impact Muang Thong Thani. (Photo: Pattarapong Chatpattarasill) A difference of opinion between the Ministry of Energy and the Ministry of Industry has led to …

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OECD leading index for South Korea drops for 5th straight month in DecemberNews

A leading index that shows how South Korea’s economy will fare over the next half year fell for the fifth straight month in December. The Organization for Economic Co-operation and Development said on Thursday that the composite leading indicator, or CLI, for South Korea’s economy stood at 101.2 for December, …

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FICCI calls for zero tariff on ferronickel; increase in the import levy on flat stainless steel products in the budget

Making his case for a zero duty on ferronickel, Ficci said it was the most important raw material used in the manufacture of stainless steel. Ahead of the Union budget, industry body FICCI called on the government to reduce the basic customs duty (BCD) on ferronickel to zero and impose …

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India and Sri Lanka review progress in providing loans worth $1.5 billion | Latest India News

NEW DELHI: India and Sri Lanka on Saturday reviewed progress in providing loans worth a total of $1.5 billion to the island nation for emergency purchases of food, medicine and supplies. fuel to overcome an economic crisis. The matter featured in a virtual meeting between Foreign Minister S Jaishankar and …

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Artificial intelligence designed to prevent abuse of state welfare

As a new registration cycle is about to begin, the finance ministry plans to use artificial intelligence to ensure that welfare cards issued this year are only granted to low-income people. eligible. The ministry plans to implement new technology to reduce fraud and prevent urgent financial aid money from going …

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Sensex and Nifty extend their earnings through heavyweights in banking and finance; CMS Info Systems lists pop at Rs 218.25

Sensex and Nifty extend their earnings through heavyweights in banking and finance; CMS Info Systems lists at Rs 218.25 a pop | Photo credit: iStock images India’s benchmark stock indexes extended their gains after starting the last day of the year on a positive note, supported by gains in heavy …

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Incentives envisaged to pave the way for startups

Minister of Finance Arkhom Termpittayapaisith The government plans to use tax incentives to support the growth of startups, said Finance Minister Arkhom Termpittayapaisith. He said the measure could be either an income tax cut or an income tax exemption for Thai and foreign venture capital funds that invest in startups. …

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Turkish Erdogan loses support where he can least afford it

The anger sweeping the highways connecting the Turkish leader’s humble hometown to its lavish accommodations in Ankara’s presidential palace sends a red warning code to Recep Tayyip Erdogan. Tea growers, fishermen, small retailers, cafe staff and gas station attendants – some of the generally low-paid Turks and laborers who have …

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Japan pledges record $ 3.4 billion to World Bank for low-income countries

TOKYO, Dec.15 (Reuters) – Japan has pledged $ 3.4 billion as its largest contribution to the World Bank’s International Development Association (IDA) to secure recovery for low-income countries after the COVID-19 pandemic, finance ministry officials said. Tuesday. The pledge came as Japan hosted an online meeting on the 20th IDA …

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Minister of Finance: Thailand’s economy will recover in 2023

Finance Minister Arkhom Termpittayapaisith said Thailand’s economy is expected to experience a full recovery, not next year, but by 2023. The economy is expected to grow by around 4% next year. , so 2022 would start the economic recovery, but it will take longer for Thailand to definitely bounce back …

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Food and non-alcoholic drink prices are out of control

Vegetables are on sale Sunday at a traditional market in central Seoul. According to data provided by the Organization for Economic Co-operation and Development (OECD) on Saturday, the price of food and non-alcoholic beverages rose 5% year-on-year in the third quarter in Korea, placing the country fifth out of 38 …

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South Korea to watch financial markets closely amid concerns over volatility caused by omicron

This photo, taken on Sunday, shows an arrival hall at Incheon International Airport, west of Seoul. Health officials began barring the entry of foreigners from eight African countries, including South Africa, on the same day to block the influx of the new variant of COVID-19 omicron. (Yonhap) South Korea will …

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Asean News Headlines at 10 p.m. on Saturday (November 27)

Malaysia: Covid-19 watch: 5,097 new cases bring the total to 2,619,577 Covid-19: most of 5,097 new cases are asymptomatic, have mild symptoms, according to DG Health Covid-19: Ministry of Health is closely monitoring WHO and other countries on Omicron variant, according to Khairy Johor MB hopes the number of people …

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Asian FX resists strong dollar, stocks are nervous

Thai stocks hit a high for more than 2 months Singapore posts better than expected third quarter GDP Bank of Korea rate decision expected on Thursday Nov. 24 (Reuters) – Emerging market currencies in Asia were broadly subdued on Wednesday as regional assets remained resilient, even as bets on the …

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Finance Minister Simon Birmingham slams ‘dangerous and narrow’ pro-China remarks by former PM Paul Keating

Finance Minister Simon Birmingham blasted Labor heavyweight Paul Keating’s pro-China criticism of the Coalition’s Indo-Pacific defense decisions, calling his comments “frankly dangerous”. Former Labor Prime Minister Paul Keating’s scathing assessment of the Morrison government’s policy decisions in the Indo-Pacific was called short-term, narrow and dangerous by Finance Minister Simon Birmingham. …

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5 key takeaways from the general election in Japan

Japanese Prime Minister Fumio Kishida defied expectations and won an important electoral mandate on October 31 in the general elections for the House of Representatives. Although his Liberal Democratic Party (LDP) was bracing for losses that could weaken its control over the 465-seat lower house of the National Diet, the …

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INTERVIEW: Using “Taiwan” in CPTPP, says former minister

Nation must break with archaic naming conventions and use “Taiwan” in the Comprehensive and Progressive Agreement on Trans-Pacific Partnership (CPTPP), said former finance minister and the country’s first ambassador to the WTO Yen Ching -chang. ‘Liberty Times’ (sister newspaper of the ‘Taipei Times’). He spoke about the history of Taiwan’s …

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Global business tax deal moves forward

Irish Finance Minister Paschal Donohoe discusses the global corporation tax deal in an interview with Bloomberg Television in Dublin on Friday. (Photo Bloomberg) A sweeping corporate tax overhaul garnered support from 136 countries, as nations resolved major disputes over a global minimum rate and the end of new digital taxes …

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South Korea steps up housing plan (Minister of Finance)

SEOUL, Sep 29 (Yonhap) – Finance Minister Hong Nam-ki said on Wednesday that the government is accelerating a plan to provide housing in Seoul and other areas, with the aim of curbing high prices for housing. In February, the government unveiled the plan that relaxed building regulations and supported redevelopment …

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SMEs to receive $ 100 billion in support

The government has set aside 100 billion baht to help small and medium-sized enterprises (SMEs) grappling with the impact of the protracted pandemic, said Finance Minister Arkhom Termpittayapaisith. He said the state committee responsible for reviewing the use of the country’s borrowing to restore the virus-stricken economy had approved a …

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(Korea Herald EDITORIAL September 23)

Undue sufferingRelieving the hardships of young adults does not require sympathetic rhetoric, but a change in policy In his speech to mark the country’s Youth Day last week, Prime Minister Kim Boo-kyum expressed deep sympathy for the increasingly difficult situation facing many young South Korean adults. He said he could …

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Favorites emerge ahead of German federal elections

German voters will elect a new parliament next week. The outcome of the September 26 elections will decide who will succeed Chancellor Angela Merkel, who has ruled the country for 16 years. In addition to determining the next chancellor, the main issues of the election are economic policy in the …

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Fed policy and Evergrande debt weigh on sentiment

Recap: European and emerging markets were mixed on Friday as investors and global traders assessed the prospect of a reduction in US Federal Reserve stimulus and the risks of a likely default from the Chinese real estate developer riddled with Evergrande debts. The SET index traded in a narrow range …

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China warns Japan against defending Taiwan

The Chinese Communist Party warns Japan that it will “dig its own grave” if the country sides with the United States in defending Taiwan in the event of an invasion – adding that Japan is “powerless against the Chinese military” . “Japan does not dare to face China alone. If …

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Growing confidence drives stocks up

If you build a sandbox, will they come? Recap: Global stocks extended their record highs with the MSCI All Country World Index, poised for a fourth weekly advance amid rising confidence. European stocks rallied after the European Central Bank raised its inflation forecast and renewed its pledge to aggressively buy …

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FirstFT: Today’s best stories | Financial Time

Hello. This article is an on-site version of our FirstFT Asia newsletter. register here to receive the newsletter directly in your inbox every weekday morning The G7 tax deal struck by the world’s leading advanced economies this weekend is the first substantial evidence of relaunched international cooperation since President Joe …

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G-7 targets environmental crimes for greater disclosure

(Bloomberg) – The Group of Seven Nations have targeted environmental crimes in an attempt to push companies to disclose their impact on the climate. Finance ministers at the G-7 meeting in London agreed for the first time to integrate climate change considerations into their decision-making. They also expanded the work …

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Broad loan support

The government is ready to take on more debt in its fight against the Covid-19 pandemic, by issuing an executive decree authorizing the finance ministry to borrow an additional 500 billion baht until September of next year to protect health public and revitalize the economy. While new funds are generally …

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