Singapore Launched New Process To Digitalise Banker’s Guarantees, Insurance Bonds

SINGAPORE, Nov 3 (NNN-XINHUA) – Singapore’s Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS), yesterday jointly launched a digital process for businesses and individuals, to provide a banker’s guarantee or insurance bond to government agencies, within a day. Singapore’s Deputy Prime Minister and Minister for Finance, Lawrence…

Vietnam’s Phone Export Up 7.6 Percent In 10 Months

HANOI, Nov 2 (NNN-VNA) – Vietnam earned over 50.1 billion U.S. dollars from exporting phones and components, in the first 10 months of this year, according to the country’s General Statistics Office, today. The number accounts for more than 16 percent of the country’s total export revenue over the period,…

New Zealand Unemployment Rate Remained At 3.3 Percent: Statistics

WELLINGTON, Nov 2 (NNN-XINHUA) – New Zealand’s unemployment rate was 3.3 percent in the Sept, 2022 quarter, unchanged from last quarter, the country’s statistics department, Stats NZ said, today. While the unemployment rate remained level, the underutilisation rate, a broader measure of spare labour capacity, dipped slightly to nine percent,…

Indonesia’s Foreign Arrivals Jumped In Sept

JAKARTA, Nov 2 (NNN-ANTARA) – Statistics Indonesia said yesterday that, the country recorded nearly 540,000 foreign tourists in Sept, a huge increase compared to the number of 5,000, registered in the same month last year. At a press conference, the agency’s Deputy for Distribution Statistics and Services, Setianto also said…

India’s Gold Demand Reached Pre-Pandemic Levels In Third Season

MUMBAI, Nov 2 (NNN-PTI) – India’s gold demand reached pre-pandemic levels, with Asia’s third largest economy demand for the yellow metal in Jul-Sept, standing at 191.7 tonnes, up 14 percent over last year, according to a report by the World Gold Council, yesterday. Strong consumer interest helped the year-to-date demand…

Australia Lifted Cash Rate To 2.85 Percent Amid 32-Year-High Inflation

SYDNEY, Nov 2 (NNN-AAP) – Australia’s central bank announced yesterday, a back-to-back interest rate hike for seven months in a row, by 25 basis points to 2.85 percent, in a bid to rein in the country’s “too high” inflation. Philip Lowe, governor of the Reserve Bank of Australia, noted in…

Baghdad Int’l Trade Fair Reopened After A Three-Year Hiatus

BAGHDAD, Nov 2 (NNN-NINA) – Iraq, yesterday, opened the 46th Baghdad International Fair, in the Iraqi capital, Baghdad, after a three-year hiatus due to the COVID-19 pandemic. Iraq’s Minister of Trade, Atheer Daoud al-Ghurairy, inaugurated the exhibition, which was attended by more than 363 companies from 13 countries, his ministry…

Indian Auto Companies Saw Robust Sales In Oct

MUMBAI, Nov 2 (NNN-PTI) – Indian auto companies reported robust sales in Oct, the corporate filing on bourses showed, yesterday. “Our sales volume continued to grow in Oct, on the back of strong festive demand,” said Veejay Nakra, president of the automotive division at Mahindra & Mahindra, which sold 32,226…

Int’l arrivals in Vietnam surged in first 10 months

HANOI, Nov 1 (NNN-VNA) – Vietnam saw nearly 2.4 million international arrivals in the first 10 months of this year, increasing nearly 19 times from the same period last year, but still much lower than the pre-pandemic period in 2019, the General Statistics Office, said today. From Jan to Oct,…

Bangladesh Rescheduled Office Hours

DHAKA, Nov 1 (NNN-BSS) – The Bangladeshi government, yesterday, has again rescheduled the office time from Nov, following the previous change which was due to a power crunch. The decision was made at a cabinet meeting, with Prime Minister, Sheikh Hasina, in the chair, Cabinet Secretary, Khandker Anwarul Islam, told…
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