This real-time payment systems linkage is also the first to include the participation of non-bank financial institutions from both countries, providing access to a broader group…
If the deal proceeds, it is projected to take on the form of a syndicated loan, meaning it will be provided by a group of lenders to a single borrower, a method often used to…
The volatility in the global market driven by the Russia-Ukraine war has sent commodity prices higher, hitting the reserve level of import-dependent countries such as Bangladesh.
Financial Secretary Paul Chan said the external economic environment has not been ideal, and the government has to adopt a “combination strategy” by unlocking potential demand…
The use of cryptocurrency by the average person in Singapore remained low in the past year, and did not grow as fast as in some other emerging Asian markets such as Vietnam and…
The banking regulator said the two banks were now under sanctions issued by the Office of Foreign Assets Control, a financial intelligence and enforcement agency of the US…
The negative list lays out the specific industries in which foreign investors are not permitted to operate.
Sustainable finance extended by banks rose nearly 40 percent year-on-year in the first quarter of 2023, as lenders kept disbursing a higher volume of loans to eco-friendly…
A statement from the office cited a need for more time to devise “a technically credible pathway for Indonesia’s power sector transition” as a reason for the delay,
According to experts, the dollar saw the rise due to imports opening up gradually and the letters of credits retiring.