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The Latest Breaking News from Finance

Megaprojects, tourism to propel growth, Arkhom says

A slew of billion-dollar infrastructure projects and an upswing in tourism will fuel Thailand’s expansion this year, shielding the economy from weaker exports and any possible delay in the budget approval due to elections, according to Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Brazil govt to resume fuel taxes -ministry

The Brazilian government is set to resume the collection of federal taxes on fuels this week, the Finance Ministry said on Monday.

Reuters

Analysis-Netanyahu's balancing act got harder after post-summit violence

A U.S.-brokered summit had barely ended with pledges to calm violence and slow Israeli settlement in the occupied West Bank when Palestinian homes were set ablaze by Jewish settlers in retaliation for a deadly Palestinian gun ambush.

Reuters

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Ash Regan committed to SNP even if leadership bid fails

She has been a frequent critic of SNP policy and leadership in recent months.

The Independent UK

Nominations close in SNP leadership race

Nicola Sturgeon’s successor will be announced on March 27.

The Independent UK

SNP nominations to close with leadership result announced next month

Three candidates are expected to appear on the ballot paper to replace Nicola Sturgeon

Evening Standard

OPINION - Dinosaur Kate Forbes is learning that values do matter in our politics

If a week is a long time in politics, it feels like a lifetime since Nicola Sturgeon resigned. The SNP looked unassailable largely thanks to Sturgeon’s powerful political prowess — but seven days later, the once disciplined SNP is all over the place, largely due to the frontrunner and Finance…

Evening Standard

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Hong Kong unveils US$97bn recovery budget

HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.

Bangkok Post

New favourite in SNP leadership race as Kate Forbes loses support over gay marriage row

Finance Secretary Kate Forbes sparked a backlash just hours after announcing her candidacy by telling an interviewer that her conscience wouldn't allow her to vote for same-sex marriages - propelling Humza Yousaf into the driving seat

Daily Mirror

Kate Forbes said she would have voted against gay marriage

The Finance Secretary said she wouldn’t have backed the legislation had she been voting at the time.

The Independent UK

Kate Forbes: Women should not be in fear when attending abortion clinics

The Finance Secretary made the pledge as she announced her bid to succeed Nicola Sturgeon as First Minister.

The Independent UK

'Sad' if gender reform row dominates SNP leadership contest, says Humza Yousaf

IT would be “sad” if the entire SNP leadership campaign was dominated by the single issue of Scotland’s gender reforms, Humza Yousaf has…

The National (Scotland)

Our new First Minister has not only to reunite the SNP, but reunite Scotland too

The most important job will be to rally the country around a vision for the future which we can all believe in, writes Mail Opinion.

Daily Record

Who is Ash Regan? The former minister vying to be the next SNP leader

SNP MSP Ash Regan hit the headlines at the end of last year when she quit her ministerial role in protest against Holyrood’s gender reforms.

The National (Scotland)

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Dublin Live

Social welfare Ireland: Taoiseach says cost of living payments cannot 'go on forever'

Taoiseach Leo Varadkar said that current supports brought in due to inflation cannot "go on forever", suggesting that supports will dwindle for families ahead of the autumn Budget

Daily Record

Nicola Sturgeon succession race begins as all eyes focus on John Swinney

Daily Record Political Editor Paul Hutcheon says the intentions of the Deputy First Minister are crucial

ABC News

ATO says millions in annual tax could have been lost due to PwC confidentiality breaches

Overseas clients of consulting firm PricewaterhouseCoopers stood to benefit financially after a man privy to Treasury consultations shared confidential meeting details.

Reuters

Ukraine urges financial crime watchdog to expel Russia

Ukraine issued a new appeal on Wednesday to the global financial crime watchdog the Financial Action Task Force (FATF) to exclude Russia and blacklist it as a high-risk jurisdiction, the finance ministry said.

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Bangkok Post

Baht strength a risk to economy: Finance Minister Arkhom

The strengthening of the baht is a risk to Thailand's economy at the moment as it reduces export volumes, the finance minister said on Friday.

AAP

Public sector board review to end 'jobs for mates'

Finance and Public Service Minister Katy Gallagher says a review of public sector board appointments will end the "jobs for mates culture".

Bangkok Post

Finance Ministry keen on balanced budget

The Finance Ministry expects a more focused reform of both revenue collection and expenditure to achieve a balanced budget in the next decade, says the ministry's permanent secretary Krisada Chinavicharana.

Dynamite News

Union Budget 2023-24: Lok Sabha Adjourned Till 11 am Tomorrow

After the nearly one-and-a-half-hour-long Budget speech by Union Finance Minister Nirmala Sitharaman on Wednesday, the Lok Sabha was adjourned till 11 am tomorrow. Read further on Dynamite News:

Reuters

The worst of the rain to hit New Zealand's Auckland may have passed

The worst of the forecast rain moved away from New Zealand's flood-ravaged biggest city on Wednesday after inflicting what the finance minister described as probably the "biggest non-earthquake event" in the country's history.

Asharq Al-Awsat

GCC Minister Discuss Free Trade Agreement with China

Members of the Financial and Economic Cooperation Committee and the Trade Cooperation Committee of the GCC countries discussed the final report on the technical status of the free trade agreement negotiations between the GCC and China. The meeting completes the vision of the Custodian of the Two Holy Mosques, King…

AAP

More mortgage pain to become reality

Finance Minister Katy Gallagher says it will be a tough year for hundreds of thousands of people coming off fixed mortgage rates and on to higher variable ones.

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