Future Komp
Malaysia: Covid-19: 6,355 new cases bring the total to 2,556,865 Covid-19 Watch: 81.8% of Malaysian adolescents fully vaccinated Thursday (November 18) Covid-19: Sign up for a single private PPV for a reminder, the public said Covid-19: A cluster of student hostels emerges in Tenom, Sabah MACC: another RM3.6mil linked to …
Read More »Lenders’ agri-agra compliance remains low
BANKS ‘COMPLIANCE with mandatory credit quotas for the agriculture and land reform sector has shown “no improvement” as loans for these sectors remain limited, a member of the Monetary Council said. V. Bruce J. Tolentino, a member of the Monetary Council of Bangko Sentral ng Pilipinas (BSP), said the central …
Read More »FTSE in the red despite delivery of £ 400million by Royal Mail
The FTSE 100 started another day in the red this week despite Royal courier (RMG) offering shareholders a salary of £ 400million as investors continue to worry about rising interest rates. The index slipped 0.15%, or 10 points, to trade at 7,280 as blue chips were undercut by a rise …
Read More »Reviews | It’s high time for postal banking
USPS has a public service mandate to provide a similar level of service to communities across the country, regardless of local economic conditions. In addition to daily mail delivery to remote locations, the Postal Service maintains post offices even in low-income urban neighborhoods and small towns that lack other basic …
Read More »Secret Chinese committee draws up list to replace US tech, Telecom News, ET Telecom
China is ramping up plans to replace U.S. and foreign technology, quietly empowering a secret government-backed organization to monitor and approve local vendors in sensitive areas, from the cloud to semiconductors, people familiar with the matter said. Formed in 2016 to advise the government, the Working Committee on Innovation in …
Read More »Will Lowe’s stock trading decline after third quarter results? – Trefis
Lowe’s (NYSE: LOW) is expected to release its third quarter tax results on Wednesday, November 17. We expect the company’s stock to trade lower after the third quarter results as its revenue and earnings are expected to slightly miss consensus estimates. In the next quarter, risks from growing outbreaks of …
Read More »November 15 updates: Dutch government scrambles to keep Shell in the Netherlands, Germany seeks tougher rules for unvaccinated residents, Biden signs $ 1.2 billion infrastructure bill
BBVA, the Spanish bank, has launched a € 2 billion bid for the 50.15% stake in Garanti, Turkey’s largest bank by market capitalization, which it does not yet own, using funds from its own sale recent US assets. The 25.7 billion TL (2.25 billion euros) acquisition price represents a 34% …
Read More »A look back at Bangladesh’s financial sector
This is part of a two part series Bangladesh’s economy is recovering from the Covid-19 pandemic. The challenges in ensuring a successful and smooth exit from these terrible 18 months are formidable. In particular, the financial sector has been under severe stress. Virtually all businesses have experienced a sudden sharp …
Read More »FTC Changes Financial Institution Protection Rule, Including New Information Security Requirements | Benesch
The updated rule also includes new exemptions, expands the definition of “financial institution” and creates new liability requirements. On October 27, the Federal Trade Commission (“FTC“) adopted and published the final amendments to the Safeguards Rule (the”To reign“). Commissioners voted 3-2 to adopt the amendments, with the narrow margin highlighting …
Read More »Can central bank digital currency lead to cryptocurrency collapse
The idea of central bank digital currencies is not new, as central bankers around the world are discussing this topic, and even the International Monetary Fund, as Managing Director Christine Lagarde, discusses the downsides and pros of the idea. The need to have this conversation has now become commonplace. In …
Read More »