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SINGAPORE (The Straits Times/Asia News Network): A father and son duo who were directors of a freight forwarding company became involved in a corrupt arrangement after the company was unable to fulfil a contract.
Singapore News - A father and son duo who were directors of a freight forwarding company became involved in a corrupt arrangement after the company was unable to fulfil a contract. IG Aviation Singapore's contract was with Malaysia-registered cargo airline operator Raya Airways, and the... Read more at www.tnp.sg
HONG KONG: Pakistan is expected to secure $1.2 billion from the International Monetary Fund, which may help ease pressure on the nation’s currency and bonds, according to Fitch Ratings and...
'This will unlock significant additional financing from the IMF and other multilateral and bilateral sources and may well provide a significant confidence boost to the markets.'
Fitch Ratings downgraded the outlook on Pakistan's credit rating to negative last week.