Bangladesh Banks may lose 40% assets if global standards followed: FRC
At present, financial institutions in the country operate in line with the central bank's directives while the international standard is not followed.
At present, financial institutions in the country operate in line with the central bank's directives while the international standard is not followed.
This is to deal with changes in the external environment over an extended period of time, an official said.
Credit Suisse shares plunged on March 15 after its largest shareholder Saudi National Bank ruled out investing any more in the bank.
The People's Bank of China said in a statement efforts will be made to consolidate the mechanism to deal with financial crisis.
The President has recommended that people start using credit cards issued by domestic banks to shield transactions from possible geopolitical fallout.
In recent years, inland provinces have been exploring various options to improve their exports and make them more sustainable.
“Indonesia’s economy is in a good position. There are many potentials that can be explored”, he said.
GST will only be considered after determining the improvement of the mechanism compared to before, The Finance Ministry said.
Logistics transportation is one of the supports for the rise of Indonesia's economy that is currently in a slump due to the Covid-19 pandemic.
The FBCCI President said the participation of businesses in this event had buoyed his confidence.