Customers stand outside a bank branch in Amritsar, Punjab, India. File/Agence France-Presse
China’s banks extended new yuan loans in August as policymakers ratcheted up support for the slowing economy, and further policy easing is expected in coming weeks as the Sino-US trade dispute takes a bigger toll on the economy.
In a bid to shield India from the headwinds emanating from the ongoing general economic slowdown, the Central government has asked Public Sector Banks (PSB) to recommend ways to prop up growth.
With the coronavirus pandemic causing nationwide lockdown and affecting businesses, the government has decided to pitch in with its support for the corporate sector to prevent any liquidity problems for them.
The global investment platform, Investopia, has revealed one of the key outcomes of its annual conference held on March 2-3, 2023 in Abu Dhabi, which is the entry of international Italian companies into the UAE market through partnership agreements under the umbrella of its annual conference.
Thailand’s central bank (CB) raised interest rates by 25 basis points (bps) on Wednesday, as it attempts to bring inflation back within target while the economic recovery gathers pace against rising global headwinds. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise
Adnoc Logistics & Services (Adnoc L&S) has unveiled its Integrated Logistics Services Platform (ILSP), one of the largest turnkey offshore logistics offerings in the world that enables coordinated end-to-end management of logistics and maritime operations at its base in Mussafah, Abu Dhabi.
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, successfully concluded its trade mission to Uzbekistan, Kazakhstan and Kyrgyzstan last week. During the mission, the chamber facilitated over 430 B2B meetings between representatives of