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Analysts call for restoring investors’ trust after bond frauds

Analysts call for restoring investors’ trust after bond frauds

Pumping money into the financial market might be needed now to save businesses, but the long-term imperative is to regain investors’ faith after the recent bond frauds, analysts said. The economy was expected to bounce back in 2022 from the Covid-19 woes of the previous two years, but businesses are …

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Government to sell stakes in 141 firms, privatize 19

Government to sell stakes in 141 firms, privatize 19

The government plans to divest its stakes in 141 companies and privatize 19 of others by 2025. According to a decision on restructuring SOEs in the 2022-25 period announced Tuesday, the government will retain its stakes in 126 SOEs and 195 one-member limited liability companies, and restructure 26 others. The …

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