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March 21, 2023

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  3. Economic Affairs

Economic Affairs

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  • BUSINESS
  • Economic Affairs

Bangladesh Banks may lose 40% assets if global standards followed: FRC

At present, financial institutions in the country operate in line with the central bank's directives while the international standard is not followed.

  • Published: March 21, 20232:31 pm
  • Author The Daily Star
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  • BUSINESS
  • Economic Affairs
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China to expand financial sector’s opening-up

This is to deal with changes in the external environment over an extended period of time, an official said.

  • Published: March 20, 20239:27 am
  • Author Jiang Xueqing
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  • BUSINESS
  • Economic Affairs

MAS in close contact with Swiss regulator amid Credit Suisse crisis

Credit Suisse shares plunged on March 15 after its largest shareholder Saudi National Bank ruled out investing any more in the bank.

  • Published: March 17, 20232:09 pm
  • Author Prisca Ang
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  • BUSINESS
  • Economic Affairs

China’s domestic banks ready to counter global turmoil

The People's Bank of China said in a statement efforts will be made to consolidate the mechanism to deal with financial crisis.

  • Published: March 17, 20231:57 pm
  • Author Shi Jing and Heng Weili
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Jokowi wants local governments to ditch Visa, Mastercard

The President has recommended that people start using credit cards issued by domestic banks to shield transactions from possible geopolitical fallout.

  • Published: March 17, 20238:26 am
  • Author News Desk
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  • BUSINESS
  • Economic Affairs

Chinese cities’ RCEP trade push expected to sustain momentum

In recent years, inland provinces have been exploring various options to improve their exports and make them more sustainable.

  • Published: March 16, 20232:39 pm
  • Author Zhong Nan and Feng Zhiwei
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  • BUSINESS
  • Economic Affairs

Jokowi hopes for Singapore investments in education, healthcare in new capital

“Indonesia’s economy is in a good position. There are many potentials that can be explored”, he said.

  • Published: March 16, 20232:24 pm
  • Author Arlina Arshad
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  • BUSINESS
  • Economic Affairs

No plans to reintroduce GST in M’sia due to current economic challenges: MoF

GST will only be considered after determining the improvement of the mechanism compared to before, The Finance Ministry said.

  • Published: March 16, 20232:17 pm
  • Author The Star
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  • BUSINESS
  • Economic Affairs

The long-term prospects of Indonesia’s logistics sector

Logistics transportation is one of the supports for the rise of Indonesia's economy that is currently in a slump due to the Covid-19 pandemic.

  • Published: March 15, 20232:56 pm
  • Author Haris Eko Faruddin
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  • BUSINESS
  • Economic Affairs

Bangladesh becoming trillion-dollar economy much before 2040: FBCCI

The FBCCI President said the participation of businesses in this event had buoyed his confidence.

  • Published: March 14, 20233:00 pm
  • Author The Daily Star

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