PM Modi reviews 9 key infra projects worth Rs 415 billion across 13 states
He insisted on expeditious resolution of land acquisition, utility shifting and other issues for the timely completion of projects.
Finance
S’pore PayNow users can now instantly transfer funds to others in India
The feature will be made available to certain customers of Singapore’s DBS bank and fintech company Liquid Group under a phased approach.
Jokowi to soon announce candidates for Bank Indonesia governorship
Lawmakers had expected Jokowi to submit the candidates’ names by the third week of this month.
Bank of Japan to start new test on digital currency in April
For now, general consumers will not participate in the new experiment but BOJ employees may join to use a CBDC on a trial basis.
Banks under fire for ‘insufficient’ contribution to Korean society
According to the Korea Federation of Banks, its new project will bring a support effect of around US$7.8 billion to society over the next three years.
Malaysia’s Employees Provident Fund members running out of funds
Prime Minister Ibrahim had previously hinted that the government was looking for other alternatives to help those in need.
Household savings hit major highs across China
Household savings are the main domestic source of funds to finance capital investments, a major impetus for long-term economic growth.
China invests 21.5 trillion yuan in major projects
The release of these projects with huge investment indicates that local governments regard them as the "driver" and "stabiliser" of economic development.
Striking a balance between technology advancement and regulatory requirements
The new Law on the development and strengthening of the financial sector represents a major milestone for businesses in Indonesia.
Pakistan govt implements revenue measures to secure $1.2 billion IMF tranche early
The government has decided to take a proactive approach and implement tax and non-tax measures from February 15 instead of March 1.