Can mergers heal Bangladesh’s banking sector’s wounds?
Recently, the central bank got down to bringing in much-needed governance to the financial sector, especially the banking industry, where irregularities are rife.
Finance
Korea central bank report sparks controversy over foreign care worker wages
“The bank’s suggestions of paying migrant workers cheaper than the minimum wage are discriminatory and anti-human rights ideas,” according to a major coalition comprised of…
Hong Kong’s financial secretary sees stock market rebound in Year of the Dragon
Financial Secretary Chan says that despite numerous external challenges, there are also opportunities, as changes in geopolitical dynamics and global supply chains prompt many…
Hong Kong issues the world’s first multi-currency digital green bond
The two-year digital green bonds were offered in Hong Kong dollars, renminbi, US dollars and euros under the Government Green Bond Programme. The launch comes as part of efforts…
Evolving financial services: Online lending and digital payments lead the way
While other tech-powered innovations in finance like wealth management, insurance technology, cryptocurrencies and personal finance management will experience growth, it will be…
Pakistan federal cabinet approves restructuring of national carrier
According to Radio Pakistan, the federal cabinet — chaired by caretaker PM Kakar in Islamabad — consented to the appointment of a financial advisor for the financial and…
Hong Kong finance chief offers reassurance amid stock market rout
The finance chief explained that the performance of the city’s stock market, with half of its listed companies being from the mainland, is not only influenced by the…
Microfinance ‘powering’ economic growth, SDGs
The assertion followed a study that highlighted that the Microfinance sector is a potent economic driver and a significant force in achieving SDGs.
Why spot bitcoin ETFs remain off limits for Korean investors
As South Korean investors have to trade through local brokerage firms when investing in overseas stocks or financial products, they will not be able to invest in spot bitcoin ETFs…
Asia-Pacific leads in stablecoin payment adoption, says fintech firm Circle
Stablecoins are cryptocurrencies whose value is pegged to that of another currency, commodity, or financial instrument. It is usually pegged to the United States dollar on a…