- Location
banking system
"-
Central Bank Extends 250 Bln Yuan of MLF
Jul 4, 2015The People's Bank of China (PBOC), China's central bank, extended a 6-month medium-term lending facility (MLF) worth 250 billion yuan (over 40 billion U.S. dollars) at an interest rate of 3.35 percent to 11 banks on Friday. The extension ...
Tags: People's Bank of China, central bank, medium-term lending facility
-
Myanmar Makes an Attractive Option for Indian Textile Entrepreneurs
Feb 25, 2015Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
-
RBI Reduced The Policy Repo Rate Under The Liquidity Adjustment Facility
Jan 16, 2015The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
-
China Faces Pressure as Imp.Drop,Exp Slow
Dec 8, 2014China's imports shrank unexpectedly in November while export growth slowed, fuelling concerns that the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. ...
Tags: export growth, economy
-
The Garment Industry in Myanmar Has Great Potential for Growth in The Next 10 Years
Nov 21, 2014The garment industry in Myanmar has great potential for growth in the next 10 years, if it works towards development with strategic planning, according to the members of the Myanmar Garment Manufacturers Association (MGMA), Myanmar Times ...
Tags: garment industry, Apparel
-
China's Economic Growth to Further Moderate
Nov 6, 2014China's economic growth will moderate further in the next two years as domestic demand is weakened by the property downturn, UBS has forecast. "We forecast China's GDP growth to slow to 6.8 percent in 2015 and 6.5 percent in 2016. This ...
Tags: economic growth, domestic demand
-
Surge in Govt Savings to Weigh on Growth
Nov 6, 2014The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
-
Residents in Tangshan Are Very Familiar with The Concept of Oversupply
Jun 3, 2014Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
-
This Year The Eurozone Will Experience Annual GDP Growth for The First Time Since 2011
Jan 9, 2014This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that will drive further economic recovery ...
Tags: Eurozone Financial Services, Business Lending, Financial Services
-
Repsol Chairman Antonio Brufau Presented The Document "Spain,Enterprises and Exports"
Dec 5, 2013Today in Barcelona, Repsol Chairman Antonio Brufau presented the document "Spain, enterprises and exports" which was prepared by the Business Council for Competitiveness (CEC). The event was held at the Casa Llotja de Mar and presented by ...
Tags: Repsol, international policies
-
China's Local Officials May Seek to Clear up Financial Disarray by Developing Bond Markets
Nov 17, 2013When the world was digesting news of Detroit’s bankruptcy in July, the biggest ever by a municipality in the US, attention in China turned to the highly indebted government of Jiangsu province. Provincial, city and county authorities ...
Tags: Bond Markets, Local Officials
-
Chairman AEPC Stated RBI Have Also Increased The Policy Repo Rate Under LAF
Oct 30, 2013Reacting to the Second Quarter Review of Monetary Policy Statement 2013-14, Dr A Sakthivel, Chairman AEPC, stated that, “The synergistic efforts of all the stakeholders including Govt. has resulted in the average export growth of ...
Tags: Repo Rate, Chairman AEPC
-
The US Congress' Dance with Default Impressed Policymakers
Oct 22, 2013Deal or no deal, the US Congress' dance with default impressed policymakers and investors in China and Japan with just how vulnerable their own economic revival plans are to the next political tantrum on Capitol Hill. The 11th-hour ...
Tags: Dollar Drama, Economy
-
MoF Planned to Allow Local Governments to Issue Local Treasury Bonds
Sep 24, 2013China is said to be weighing a plan to allow local governments to issue local treasury bonds. Sources said recently that the Ministry of Finance (MoF) planned to allow local governments to issue local treasury bonds, an effort to ease ...
Tags: local treasury bonds, economy
-
Will 2013 Be The Year The Economy Finally Gets Over The Blues and Gets in Gear
Sep 12, 2013Will 2013 be the year the economy finally gets over the blues and gets in gear? At the moment, I'm watching business experts debate that point in my hotel room at CNBC. Many of the commentators believe the economy continues to just stumble ...
