The law incorporates expectations that financial institutions establish appropriate risk management systems and maintain adequate capital and liquidity. The law also gives the BoL purview over the …
Israel moves to placate Hamas, but won’t meet pricey prisoner swap demands
Terror group, inspired by Shalit deal in 2011, seeking a similar exchange now, and transfers of Qatari money may not be enough to keep a lid on rising frustration in the Strip …
FORTE INSURANCE RECOGNIZED FORFINANCIAL STRENGTH AND COMMITMENT TO EXCELLENCEBY INTERNATIONAL RATING AGENCY, MEDIA
Forte Insurance (“Forte”) has been recognized for its continued financial strength and its commitment to excellence by an international rating agency and a leading publication covering the financial …
AIA helping Cambodians enjoy ‘healthier, longer, better lives’
In an exclusive interview with The Post, the CEO of AIA Cambodia, Pauline Teoh, outlines the firm’s commitment to the Kingdom.
Sri Lanka- Priyantha Wijesekera to usher in new era for Softlogic Finance PLC
Softlogic Finance PLC is a registered finance company with the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011, as well as a Specialized Leasing Company licenced by the …
Finance minister renews calls for parliamentary approval of 3rd extra budget
SEJONG — Finance Minister Hong Nam-ki on Friday renewed calls for the National Assembly to approve the third extra budget to help revive the virus-hit economy, saying the government will spare no …
Downgrade Risks With Snap Poll Looming Roil Malaysia’s Bonds
A nascent recovery in Malaysian bond inflows could be derailed as political turmoil and the threat of a downgrade in the sovereign rating outlook deter investors.A tussle for control of the government …
Saudi Chase of $10 Billion FDI Goal Faltered Before Virus
Saudi Arabia missed its $10 billion target for foreign direct investment by more than half last year, as damage from the coronavirus pandemic and low oil prices now threatens to throw plans further …
S.Korea’s unification minister steps down over rising tensions with N.Korea
South Korean President Moon Jae-in on Friday accepted the resignation of the minister responsible for relations with North Korea, as tensions with Pyongyang rise over the activities of defectors in …
Japan Upgrades Economic View as it Starts Tentative Opening
Japan’s government slightly upgraded its assessment of the economy, saying the recession is closer to bottoming out after the lifting of a nationwide state of emergency last month allowed the slow …