China’s financial market opening-up gathers steam
Since the launching of Shanghai-Hong Kong, Shenzhen-Hong Kong stock connect schemes, accessibility of their equity market has greatly improved.
Since the launching of Shanghai-Hong Kong, Shenzhen-Hong Kong stock connect schemes, accessibility of their equity market has greatly improved.
China has focused its disbursements of funds on Laos and Cambodia, besides South-East Asia’s largest economy, Indonesia.
Gunawardena has asked Prayut to invest in the “Port City Colombo” project, saying Sri Lanka can profit from Thailand’s expertise hospitality.
“The Linked Exchange Rate System continues to function smoothly, providing a solid anchor to the economy and the financial system", it said.
Such type of downgradation means the local businesses will have to pay more to settle their global trades.
Both sides are also committed to strengthening bilateral relations in both trade and investment.
Dar’s remarks comes amid growing fears of default, propelled by the country’s declining remittances and foreign exchange reserves.
He noted that in the six months that the government has been in power, it has provided the highest amount of aid in the history of the country.
The move is aimed at equipping overseas Filipino workers against investment scams and other online frauds.
The amount has marked the highest level for China since February 2022, when the reading came in at $3.2138 trillion.