Indonesia raises US$3.25 billion in its biggest global sukuk sale
The 5-year notes carry a coupon of 4.40%, while the 10-year notes have a 4.70% coupon, below the sovereign's initial price guidance, it said in a statement by the finance ministry.
Economic Affairs
China details measures to stabilise, upgrade foreign trade
Services for key foreign trade enterprises will be enhanced, measures will be put in place to ensure unimpeded logistics for foreign trade cargos, among others.
Thailand’s business opportunities amid Russia-Ukraine crisis
Russia’s trade minister said the West’s economic boycott would prompt his country to expand markets in Asia and give Thailand the opportunity to bag a bigger share in Russia.
China increases efforts to help small and midsize rural commercial banks
It is estimated that some of the deferred repayments of principal and interest on loans to these enterprises during the Covid-19 pandemic will turn into bad loans.
IMF presses Pakistan on ‘urgency’ of removing fuel and energy subsidies
The International Monetary Fund said considerable progress was made on the country’s need to address its high inflation rate and the elevated fiscal and current account…
Ukraine crisis moves geopolitics to front of business agenda: Edelman survey
95 per cent of respondents said they expected businesses to act in response to an unprovoked invasion.
Cambodia’s Jan-May fisheries exports reach nearly $39 million
According to a preliminary report, freshwater and marine fisheries exports totalled 1,291 tonnes in the January-May period, falling by 172 tonnes or 11.75 per cent year-on-year.
Economic storm looming, biz and govt leaders warn in Davos
The International Monetary Fund cut its global growth outlook for the second time this year, citing the conflict in Ukraine and singling out inflation as a "clear and present…
Indonesia’s policy uncertainty hampers resumption of palm oil exports
The world's biggest palm oil producer had halted exports of the commodity from April 28 in an attempt to bring down soaring local prices of cooking oil, rattling global edible oil…
Bangladesh taka weakens further
As the shortage of the greenback has already created an instability in the forex market, the central bank has been trying to bring back discipline by depreciating the local…