FINANCE

Pakistan revenue collection up 25 percent

Islamabad, May 20 (IANS) Revenue collection in Pakistan has registered a 25 percent growth during the first 10 months of 2011-12 fiscal year as compared to last year, Finance Minister Abdul Hafeez Shaikh has said. (the story here…)

Read more »

Singapore Q1 GDP +1.6 pct Y/Y, financial services shrink

* Q1 GDP +10 pct s/adj q/q annualised vs consensus of +11.0pct * Q1 GDP +1.6 pct y/y vs consensus forecast of +1.8 pct * Finance and insurance contracts for second straightquarter SINGAPORE, May 17 (Reuters) … (the story here…)

Read more »

Singapore Q1 economic growth slows to 1.6 percent

Singapore Q1 economic growth slows to 1.6 percent Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 08:09 p.m., Wednesday, May 16, 2012 SINGAPORE (AP) — Singapore's economic growth slowed in the first quarter as the government warned Thursday that political upheaval in Europe...

Read more »

Singapore's GDP grows 1.6% in Q1

(MENAFN) Singapore's Trade and Industry Ministry announced that during the first quarter, the city-state's gross domestic product (GDP) grew 1.6 percent, compared with an expansion of 3.6 percent in … (the story here…)

Read more »

MALAYSIA PRESS-Kuwait Finance House continues losing streak in Malaysia-The Edge Financial Daily

Kuwait Finance House (M) Bhd (KFH), the first foreign Islamic bank to start operations in Malaysia, is expected to continue its losing streak when it unveils its results for FY11 ended December 31 in the … (the story here…)

Read more »

SM Prime targets five more projects in China

SM Prime Holdings has lined up five additional projects in China to further boost its operations overseas. SM Prime Holdings chief finance officer Jeffrey Lim said negotiations are on-going for the additional projects but declined to disclose specifics. (the story here…)

Read more »

Sy-led SM Prime eyes 5 more malls in China

MANILA, Philippines – The Sy group is eyeing 5 more malls in China, an official of its mall developer and operator unit said. SM Prime Holdings, Inc. Chief Finance Officer Jeffrey Lim said the group is already in talks to keep their long term strategy of growing their portfolio … (the story here…)

Read more »

China Gov't Companies Continue To Post Losses

China state owned enterprises post losses due to economic slowdown. Non-performing loans are up, but not alarming. (the story here…)

Read more »

Japan finance minister hints at intervention after yen gains

Japanese Finance Minister Jun Azumi said on Friday that he was monitoring currency moves with extra care and was prepared to respond as appropriate – a veiled reference to yen-selling intervention. Azumi … (the story here…)

Read more »

Japan Housing Finance Sells 45 Billion Yen 10, 15-, 20-Year Debt

Japan Housing Finance Agency sold 45 billion yen of bonds, according to an e-mailed statement from Nomura Holdings Inc. (the story here…)

Read more »