Asian nations to set up regional credit guarantee body

Published by rudy Date posted on April 6, 2009

Seoul (ANTARA News/Asia Pulse) — Asian countries are expected to announce the details of a proposed credit guarantee body next month, aimed at bolstering regional debt markets, a high-ranking Seoul official said Sunday.

The envisioned organization called a “credit guarantee and investment mechanism” (CGIM) is intended to provide a credit guarantee for regional banks and companies to gain necessary funding through bond issuance.

“ASEAN members, plus South Korea, China and Japan will hold a finance minister’s meeting in Bali, Indonesia earlier next month and announce plans to establish the CGIM,” Deputy Finance Minster Shin Je-yoon told reporters during a briefing on the results of the G-20 summit talks in London. –Business in Asia Today – published by Asia Pulse

March –
IT’S WOMEN’S MONTH!

“Respect and support women
every day of the year/s!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

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Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
   National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
March 23: International Day for the Right to the Truth
   Concerning Gross Human Rights Violations
   and for the Dignity of Victims
March 25: International Day of Remembrance of the
   Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour

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