Latest News for: Financial country


On its 2nd year, OFBank now provides financial services to Filipinos in 119 countries

Manila Bulletin 17 Aug 2022
Cultivating financial literacy among women ... As the Philippines’ first branchless digital-only bank, OFBank has expanded its financial services to 119 other countries, empowering migrant workers, long-term travelers, and multi-generational immigrants as well as their families.

Pakistan mandates currency declaration by all int'l passengers to fulfil FATF condition

The Telegraph India 17 Aug 2022
Since then, the country continues to be on that list due to its failure to comply with the FATF mandates. The FATF in June had said that Pakistan will continue to be on the Grey List of countries under increased monitoring ... This makes it difficult for a country to get financial aid from world bodies like the International Monetary Fund (IMF).

UK Crypto Industry Receives New Bill on Stablecoins

Coinspeaker 17 Aug 2022
Treasury with defining what DSAs are and assign the Bank of England (BoE), Financial Conduct Authority (FCA), and Payments Systems Regulator (PSR) various powers to enforce the rules ... The proposed bill on stablecoin regulations is part of the larger financial services and markets bill that outlines the UK’s post-Brexit economic strategy.

Western Union and Woodforest National Bank Renew Agreement to Offer Global Money Transfer Services

The Joplin Globe 17 Aug 2022
The company’s cross-border, cross-currency platform and global financial network reaches 200 countries and territories worldwide, giving customers the ability to move money to family and friends virtually anywhere ... 200 countries and territories and approximately 130 currencies.

Indonesia – a developed country by 2045 with new capital, IKN Nusantara

The Manila Times 17 Aug 2022
Set up by developed and developing countries in 1999 to find solutions to the global financial crisis, over the international community's disappointment to the problems of the global economy at that time, G20 is composed of the European Union (EU), Argentina, Australia, Brazil, ...


Manila Standard 17 Aug 2022
“A country is not only poor because of limited financial resources but can also be poor due to knowledge or information deprivation.” ... A country is not only poor because of limited financial resources but can also be poor due to knowledge or information deprivation ... Otherwise, the country will be in a lot of trouble.

Natixis Corporate & Investment Banking leads CC&L Infrastructure and CarbonFree US$360 million hybrid bond private ...

Victoria Advocate 17 Aug 2022
"Chile�is making excellent progress towards the country's 2030 clean energy and decarbonization targets, in addition to their overarching goal of net zero carbon emissions by 2050 ... The projects in the portfolio will contribute to Chile's broader energy transition as the country ...

Monochrome Eyes Spot Bitcoin ETF In Australia, U.S. Lags Behind

Bitcoin Magazine 17 Aug 2022
Monochrome Bitcoin Fund will release another spot bitcoin exchange-traded fund (ETF) in Australia with a unique form of regulatory approval, per a report by the Financial Standard ... Monochrome is one of the first asset managers in the country to receive this crypto-authorization from the AFS, the company wrote in a blog post.

Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan

Bitcoin 17 Aug 2022
The move comes after this spring, Kazakhstan’s financial watchdog launched a pilot project to establish and develop cryptocurrency exchanges in the country ... “We are grateful to the Astana International Financial Center for their support and vision in granting Binance Kazakhstan this in-principle license approval,” he emphasized.

Stocks to Watch: NTPC, Hindustan Zinc, Cipla, Bajaj Hindusthan Sugar | Mint

Live Mint 17 Aug 2022
State-owned power giant NTPC on Tuesday floated a tender to raise ₹5,000 crore term loan from financial institutions ... Cipla said it has appointed Ashish Adukia as global Chief financial officer. Dinesh Jain, who had been serving as an interim chief financial officer of the company, will be relieved from the position.
Edit Receives Approval From UK Regulators

Crypto Economy 17 Aug 2022 has announced that it has received regulatory approval from the UK’s Financial Conduct Authority (FCA). The popular exchange can now function as a crypto business in the country ... The country experiences a massive hike of over 650% in crypto adoption from 2018 to 2021 ... Earlier this year, the exchange made several hirings in the country.

India's Akasa Air to add one aircraft every two weeks

Reuters 17 Aug 2022
7 with a maiden flight from the country's financial capital, Mumbai, to the city of Ahmedabad ... "Our financial platform is strong enough to allow Akasa to place an aircraft order in the next 18 months that will be significantly larger than our first," Dube said.

Colombia aims to implement national digital currency to prevent tax evasion

Financial Express 17 Aug 2022
... currency to prevent illicit financial activity such as tax evasion. Colombia’s plans to implement digital currency is aimed at the country’s new monetary policy measures to expand transparency of financial transactions, the official stated in an interview with magazine Semana.

Australian govt increases immigration cap, check details here | Mint

Live Mint 17 Aug 2022
The Australian government announced the changes for three types of visas from 1 July in this financial year 2022-23 for those seeking to migrate to the country or are an immigrant in Australia looking for PR ... The Australian government also increased the cap for the financial year 2022-23 under the subclass 462 visa up to 30 percent for Australia.

Equitable Announces Acquisition of Penn Investment Advisors

The Galveston Daily News 17 Aug 2022
Equitable, a leading financial services company and principal franchise of Equitable Holdings, Inc ... 4,200 financial professionals ... EQH ), has been one of America’s leading financial services providers since 1859 ... Equitable has more than 8,000 employees and Equitable Advisors financial professionals and serves 2.8 million clients across the country.

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In this photo, Feb. 27, 2022, taken from video provided by the Ukrainian Presidential Press Office, Ukrainian President Volodymyr Zelenskyy speaks to the nation in Kyiv, Ukraine. Russian state media is spreading false claims that Ukrainian President Volodymyr Zelenskyy has fled Kyiv in what experts say is an effort to discourage Ukrainians and erode support for Ukraine around the globe.
AP / Ukrainian Presidential Press Office via AP, File
Russian President Vladimir Putin attends a meeting with top officials on support to aviation industry in Russia amid western sanctions vis videoconference at the Novo-Ogaryovo residence outside Moscow, Russia, Thursday, March 31, 2022.
AP / Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP
File - Chinese President Xi Jinping inspects the People's Liberation Army soldiers at a camp in Hong Kong on June 30, 2017. Xi will visit Hong Kong this week to celebrate the 25th anniversary of the former British colony's 1997 return to China, a state news agency said Saturday, June 25, 2022.
AP / Vincent Yu, File