Bangladesh’s biggest banking shakeup in motion
Bangladesh Bank took over five troubled Shariah-based banks temporarily by dissolving their boards as part of the formal merger process.
Banking crisis
Calls for restraint as anti-Cambodian sentiment grows in South Korea
Experts say it is necessary to address criminal networks in Cambodia, but warn that public sentiment should not devolve into hatred or discrimination against the Cambodian…
Suspect in Cambodia murder identified as accomplice in high-profile drug case in South Korea
Mass evacuations of scam syndicates fleeing to Laos and Myanmar, reported by witnesses.
When homes in Bangladesh become killing grounds
On average, 19 women were killed each month by their husbands this year, per a report.
Two foreign tourists arrested for robbery targeting money changers in Bali
The perpetrators used fake passports in their actions targeting money changers offering cash on delivery services to hotels and villas.
Checks, gaps, global voices: The evolving face of South Korea’s bank governance
With CEOs and legacy ties still exerting implicit power in some high-level conference rooms, the extent to which boards can hold management accountable remains in question.
2 Japanese nationals murdered in China; suspect already detained
According to sources, Chinese authorities explained to their Japanese counterparts that the suspect’s motive was seemingly out of a “business dispute between acquaintances."
Depositors’ money in merged banks will remain completely safe: Bangladesh Bank
The accountholders of two merging banks will be able to maintain their respective accounts as before even after the completion of the merger, the central bank also said in a…
Three out of four people still unbanked in Bangladesh
Although the number of people availing banking services is increasing gradually, the pace is insufficient. As a result, nearly three-fourths of those aged over 15 are unbanked.
Bangladesh central bank issues guideline on mergers
The guideline, which keeps provisions for both mutually agreed and forced mergers, says priority must be given to continuing the accounts of depositors of the merged entity or…