Kyrgyz Bank Simplifies SWIFT Transfers for Global Clients

Kyrgyz Bank Simplifies SWIFT Transfers for Global Clients

The SWIFT code for Demir International Bank in Kyrgyzstan is DEMIKG22XXX. Using the correct SWIFT code is crucial for international money transfers to avoid delays and extra charges. It ensures that the funds are routed to the correct bank and branch in Kyrgyzstan. Providing an accurate SWIFT code during the transfer process helps streamline the transaction and minimizes the risk of errors. Always verify the SWIFT code with the recipient bank before initiating the transfer.

US Manufacturing PMI Drops Signaling Deeper Contraction

US Manufacturing PMI Drops Signaling Deeper Contraction

The US manufacturing sector contracted for the eighth consecutive month in June, according to the ISM report. The PMI fell to 46, well below the expansion threshold. Previously, manufacturing had expanded for 29 consecutive months. The overall economy also contracted for the eighth straight month. Analysts attribute the contraction to a global economic slowdown, high inflation, and Federal Reserve interest rate hikes. The manufacturing downturn raises concerns about a potential recession in the US economy.

Documentary Explores Chinese Migrations Cultural Legacy in Cuba

Documentary Explores Chinese Migrations Cultural Legacy in Cuba

The first episode of the documentary "Journey to the East" focuses on the wave of Chinese immigration to Cuba in the 19th century. It showcases the close connection between the Chinese immigrants and their homeland, and their significant contribution to the construction of Cuban national identity. The documentary, co-produced by the Chinese-funded American Hummingbird Cultural Tourism Group, presents a vivid picture of cultural and tourism cooperation between China and Cuba.

Thailand Tightens Nipah Virus Screening for West Bengal Flights

Thailand Tightens Nipah Virus Screening for West Bengal Flights

Thailand has urgently upgraded airport control measures, implementing comprehensive screening for passengers from West Bengal, India, to prevent the introduction of the Nipah virus. The screening includes pre-departure checks, on-arrival temperature screening, and health declarations. The Thai government urges the public to strengthen personal protection and jointly maintain public health security. The measures aim to minimize the risk of the virus spreading within the country and protect the health of its citizens.

US Tax Reform Poses Challenges for Transportation Infrastructure

US Tax Reform Poses Challenges for Transportation Infrastructure

The US tax reform, by lowering corporate tax burdens, presents opportunities for the transportation industry. However, lagging infrastructure development poses a significant bottleneck. This article analyzes the impact of the tax reform on the sector, explores the funding challenges for infrastructure construction, and forecasts future development trends. Seizing the opportunities brought by the tax reform, promoting infrastructure development, and innovating financing models are crucial for the sustainable growth of the transportation industry.

Aviation Groups Urge El Salvador to Drop Farm Tax Over Industry Risks

Aviation Groups Urge El Salvador to Drop Farm Tax Over Industry Risks

The International Air Transport Association (IATA) and the Salvadoran Association of Airline Representatives (ASLA) are urging the government of El Salvador to reconsider the $3.50 agricultural tariff levied on arriving passengers. They argue that this measure increases travel costs during the pandemic and could hinder the recovery of the aviation industry. The two organizations suggest that the government collaborate with the industry to find better solutions that ensure plant health security while promoting economic development.