Some view the initiative as a safety net for the financially vulnerable and a means to reduce the strain of bad debt on the broader financial system. Others raise concerns over…
China will leverage successful practices from free trade zones and ports, supporting the greater participation of foreign institutions in financial business pilot programs, an…
The move affected about 80 Singapore-based employees – understood to be from the bank’s technology and operations teams – with their jobs being offshored to India, according…
This is in a bid to advance the international use of digital yuan and better serve innovation in digital finance, according to the country's central bank.
City Bank will be the first local bank to be integrated into Google Pay, allowing its customers to use their Android smartphones to make payments at any point-of-sale terminal.
The full implementation of the globally accepted blueprint is targeted by 2028.
India’s total exports for the full financial year 2024-25 hit an all-time high of US$824.9 billion, exceeding the government’s initial target of US$800 billion, and marking a…
They said concerns have been raised over the SST’s cascading nature, lack of clarity and potential to erode household spending while squeezing business margins.
The expanded SST will also put a dent in the thinning profits of building contractors who are struggling with higher operating costs, and could also affect the smooth flow of…
Eligible beneficiaries include around 17.3 million workers earning up to Rp 3.5 million a month and some 565,000 “honorary teachers”, a term commonly used for honorarium-based…