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The Latest Breaking News from Finance

Nirmala Sitharaman meets heads of FedEx, Mastercard, others during US visit

The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022.

The Hindu

Sitharaman reaffirms India's commitment to fighting money laundering, terror financing; lauds FATF

WASHINGTON: Finance Minister Nirmala Sitharaman has reaffirmed India's political commitment to fighting money laundering and terrorist financing as she appreciated the role of FATF global network in safeguarding the global financial system.

The Times of India

Taoiseach asks Ministers to see how people could be paid to host Ukrainian refugees

“I spoke to the Minister for Finance and the Minister for Social Protection to look at various options there."

Irish Mirror

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Deals, golf with Trump, and little introspection: Joe Hockey goes to Washington and writes his memoirs

Perhaps unfairly, the image most of us have of Joe Hockey comes from his time as federal Treasurer, when he was photographed smoking a cigar with then Finance Minister Mathias Cormann in the aftermath of the 2014 budget.

The Conversation

PEFO tells us Morrison has abandoned some secret promises, but his books are in order

Before each federal election, the heads of the Commonwealth departments of treasury and finance release a report on the state of the government’s budget, together with updated economic forecasts.

The Conversation

Strong US-India relationship to strengthen global order: Nirmala Sitharaman

WASHINGTON: Finance minister Nirmala Sitharaman on Tuesday said the US-India relationship is at its best and will strengthen the global order in these challenging times.

The Times of India

Nirmala Sitharaman discusses geopolitical issues with IMF chief; highlights India's efforts to support growth

WASHINGTON: Finance minister Nirmala Sitharaman on Tuesday discussed a range of issues, including the current geopolitical situation and its economic impact, with IMF chief Kristalina Georgieva, and highlighted the Indian government's commitment to support growth through capital expenditure.

The Times of India

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Arkhom keen to restrain state spending

The Finance Ministry does not want to persist with high spending by state-owned financial institutions as it wants to maintain fiscal discipline, according to finance minister Arkhom Termpittayapaisith.

Bangkok Post

Singapore undecided on succession timeline for heir to PM Lee

Singapore has not yet settled on a timeline as to when Finance Minister Lawrence Wong will take over the reins from Prime Minister Lee Hsien Loong as the city-state’s next premier.

Tribune News Service

Singapore PM confirms successor

SINGAPORE: Singapore Prime Minister Lee Hsien Loong confirmed on Saturday that Finance Minister Lawrence Wong would succeed him as the city-state’s next leader.

Bangkok Post

Pakistan's new govt may have to roll back fuel, power subsidies

Pakistan's new government led by Prime Minister Shehbaz Sharif is in internal discussions on whether to roll back fuel and power subsidies that have blown a hole in public finances amid a stuttering economy, officials said.

Reuters

Govt to start taxing stock market sales this year

The Finance Ministry is standing firm on its plan to impose a financial transaction tax on individual stock investors this year after seeing growth in the local market.

Bangkok Post

New 5G centre to open in Ayrshire as finance secretary makes 'economy boost' prediction

HALO Kilmarnock will be the lead partner and the hub will be hosted in The HALO Enterprise and Innovation Centre at The HALO Digital & Cyber Innovation Park.

Daily Record

BOI joins BCCT Luncheon & Fireside Chat

Thailand Board of Investment (BOI) Secretary-General Ms. Duangjai Asawachintachit, joined the latest BCCT Luncheon & Fireside Chat on the topic of “Resilient Thailand: From Resiliency to Recovery and Beyond” organized by the British Chamber of Commerce Thailand (BCCT) at The St. Regis Bangkok on 30 March 2022. Opening remarks were…

Bangkok Post

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Reuters

Germany's response to Ukraine insufficient, nearly half of Germans say - survey

A growing percentage of Germans think the government has not done enough in response to Russia's invasion of Ukraine, a survey showed on Thursday, as Europe's biggest economy tries to balance its economic interests against sanctions on Russia.

The Hindu

‘Charge arrangements’ rule the roost in farm varsity

Almost all key posts are manned by people in-charge

The Hindu

Sri Lanka crisis: Gotabaya Rajapaksa loses parliamentary majority

41 lawmakers leave coalition, leaving Rajapaksa’s government with fewer than the 113 members needed to maintain a majority in the 225-member house

Al Jazeera

India sought probe into ex-RBI gov Rajan for helping ‘white man’

India accused the RBI of setting interest rates to favour developed nations, pushing it to slash the rates.

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The Times of India

Finance minister blames Centre of robbing Kerala’s powers

THIRUVANANTHAPURAM: Finance minister K N Balagopal while delivering a lecture on ‘Centre state relations and Kerala development’ at the 58th state convention of NGO union here on Sunday said the Centre was robbing the powers of state violating the essence of the constitution.

The Hindu

Pramod Sawant retains Home, Finance

Vishwajit Rane has been given crucial Health and Town and Country Planning Portfolios along with Urban Development, Women and Child, and Forest departments

Bangkok Post

Singapore won’t tighten rules if Covid cases rise: Straits Times

Singapore will not need to tighten pandemic measures even if the number of Covid-19 cases starts to rise again, Finance Minister Lawrence Wong told The Straits Times.

Bangkok Post

Property sector starting to recover - Arkhom

Thailand's property sector is starting to recover after two years of a slowdown due to the coronavirus pandemic, Finance Minister Arkhom Termpittayapaisith said on Thursday.

Bangkok Post

Arkhom eyes 10% export growth in 2022

Despite soaring oil prices and rising production costs driven by the Russia-Ukraine war, Finance Minister Arkhom Termpittayapaisith still hopes to see the Thai export sector expand by 10% this year.

The Times of India

Govt widens scope of loan guarantee scheme

NEW DELHI: The finance ministry on Wednesday expanded the scope of the Rs 5 lakh-crore Emergency Credit Line Guarantee Scheme (ECLGS) to support MSMEs engaged in travel, tourism and hospitality sectors to overcome the impact of the Covid-19 pandemic impact.

Insider UK

Entrepreneurial Scotland chief executive calls Scotland's SMEs 'world leading'

National Economic Forum event also heard from the First Minister and Finance Secretary

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