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Economy asian news

IMF holds unusual talks with Pakistan over $9.4 billion bailout - asiaone.com - Usa - Pakistan - city Islamabad

IMF holds unusual talks with Pakistan over $9.4 billion bailout

ISLAMABAD — The International Monetary Fund's Pakistan mission chief Nathan Porter on Tuesday (Nov 12) opened unusual talks with Pakistan over a US$7 billion (S$9.4 billion) bailout approved by its board in September, the finance ministry and sources said.

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Donald Trump - Mark Magnier - As Apec opens, the largest figure in attendance is not even there: Donald Trump - scmp.com - Usa - city Lima

As Apec opens, the largest figure in attendance is not even there: Donald Trump

Leaders from 21 Pacific economies gathering this week in Lima for the Asia Pacific Economic Cooperation conference arrive with questions on the future of multilateralism and the spectre of US president-elect Donald Trump looming over the event.

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Natasha Turak - Silicon Valley's General Catalyst makes first investment into Saudi Arabia through fintech Lean Technologies - cnbc.com - Saudi Arabia - city Riyadh

Silicon Valley's General Catalyst makes first investment into Saudi Arabia through fintech Lean Technologies

Silicon Valley venture capital firm General Catalyst has made its first investment in Saudi Arabia through fintech startup Lean Technologies, which just closed a Series B round worth $67.5 million.

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Ferdinand Marcos-Junior - Philippines' Marcos signs tax reform law to lure foreign investment - asiaone.com - Usa - Philippines - Indonesia - Singapore - Vietnam - city Manila

Philippines' Marcos signs tax reform law to lure foreign investment

MANILA — Philippine President Ferdinand Marcos Jr. signed into law on Monday (11 Nov) a bill lowering corporate income tax rates and granting more fiscal incentives to qualified companies, in a move aimed at enticing foreign investors to do business in the country.

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The Singles’ Day shopping festival loses its shine under China’s lagging economy - apnews.com - China - Hong Kong - city Beijing

The Singles’ Day shopping festival loses its shine under China’s lagging economy

HONG KONG (AP) — Merchants and consumers alike found the Singles’ Day shopping festival Monday less shiny than in years past as e-commerce firms look abroad for growth.

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Buddhist Bhutan to build 'mindfulness city' to woo investment, create jobs - asiaone.com - Usa - India - Bhutan - city Kathmandu

Buddhist Bhutan to build 'mindfulness city' to woo investment, create jobs

KATHMANDU — Bhutan, the Himalayan kingdom that brought the world the concept of gross national happiness, is set to build a "mindfulness city" and will launch a US$100 million (S$132.6 million) bond issue on Nov 11 to help start the project.

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Donald J.Trump - Kevin Williams - What Trump's mass deportation plan would mean for immigrant workers and the economy - cnbc.com

What Trump's mass deportation plan would mean for immigrant workers and the economy

To join the CNBC Workforce Executive Council, apply at cnbccouncils.com/wec.

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Bruce Pang - China consumer prices rise slowest in 4 months, despite stimulus - cnbc.com - China - city Beijing

China consumer prices rise slowest in 4 months, despite stimulus

China's consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing doubled down on stimulus to support the sputtering economy.

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