[ad_1] By Wedaeli Chibelushi & Mercy Juma BBC News, London & Nairobi 6 September 2023 Updated 7 September 2023 Image source, Rex/Shutterstock Image caption, Kenyan President William Ruto hosted the…
Tag: Proposes
Finance Ministry proposes joint venture asset management companies to aid debtors
[ad_1] The Finance Ministry is advocating for collaborative investments between Specialised Financial Institutions (SFIs) and Asset Management Companies (AMCs), proposing the formation of joint venture asset management companies (JV-AMCs). This…
MAS proposes to widen investigative powers over financial services sector with new Bill
[ad_1] SINGAPORE – The Monetary Authority of Singapore (MAS) could get wider investigative powers over the financial sector under a new Bill introduced in Parliament on Jan 10. The regulator…
Pro-business Liberal Party proposes ‘departure tax’ for Hongkongers to tackle budget deficit
[ad_1] A pro-business political party in Hong Kong has suggested imposing a “departure tax” on residents who travel out of the city to increase government revenue amid a protracted deficit.…
Czech Investor Kretinsky Proposes €1.1 Billion Investment in France’s Casino
[ad_1] Czech investor Daniel Kretinsky proposed a €1.1 billion ($1.2 billion) equity investment in debt-laden French grocery operator Casino Guichard-Perrachon SA that could end Jean-Charles Naouri’s control over the struggling…
Hong Kong Proposes Regulatory Framework for Fiat-Referenced Stablecoins
[ad_1] Hong Kong Proposes Regulatory Framework for Fiat-Referenced Stablecoins Hong Kong has unveiled a public consultation paper to obtain feedback on legislation to regulate fiat-referenced stablecoins (FRS) and require issuers…
Extraction company proposes $300m to establish Steel Plant in Nigeria
[ad_1] In line with the renewed hope agenda of President Bola Ahmed Tinubu’s Administration, Niger Extraction Company Ltd has presented a proposal of $300 million for the establishment of a…
Tencent loses over $43 billion in market value after China proposes new online gaming rules
[ad_1] Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending. The…
Chinese Game Stocks Fall After China Proposes Online-Game Regulations
[ad_1] Updated Dec. 22, 2023 3:40 am ET Chinese gaming stocks traded in Hong Kong dropped after Beijing released draft regulations for the online game industry which included restrictions on…
The FTC proposes new rules to curb the monetization of children’s data
[ad_1] The Federal Trade Commission (FTC) has proposed new changes to the regulations it currently enforces under the Children’s Online Privacy Protection Act (COPPA), seeking to further limit the collection…