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.
Finance
Foreign, private donors sought for Philippines classrooms
A staggering shortage of funding has affected at least 4 million to 5 million students nationwide.
Credit Suisse’s trouble could trigger new global financial crisis
Thai experts have warned financial institutions to brace for a possible global turmoil following a crisis involving the Swiss banking giant.
Chan: Over 700 private equity funds have set up shop in HK
The government introduced the limited partnership fund regime to attract private investment funds to operate in the form of limited partnerships.
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.
Take steps to protect local banks: Malaysian Chinese Association president
He urged the government to implement proactive policies and issuing statements to reassure Malaysians that banks are still safe.
China plans more steps to attract, utilise foreign investment
The country will steadily expand institutional opening-up by proactively adopting relevant rules, regulations, and standards.
Why microfinance lending in Nepal has been embroiled in controversies
Borrowers cite anomalies like exorbitant interest rates for their failure to pay back loans.
Sri Lanka’s investment information to be digitised
The purpose of this move is to encourage and promote investment opportunities in Sri Lanka.
Invest in Indonesia, even during political years: Airlangga
The Coordinating Minister for Economic Affairs said that Indonesia had gone through so many election cycles that political tension was no longer an issue.