Merchant Bank of Sri Lanka & Finance PLC (MBSL) completed its Rights Issue in August 2026, raising Rs. 806 million in additional capital. The funds raised have further strengthened the company’s …
Philippine financial resources climbed 8.91% in first half
The Philippine financial system’s total resources climbed 8.91 percent to P38.31 trillion in June 2026 from P35.17 trillion a year ago on continued growth …
Philippine financial resources climbed 8.91% in first half
The Philippine financial system’s total resources climbed 8.91 percent to P38.31 trillion in June 2026 from P35.17 trillion a year ago on continued growth …
PH financial system resources exceed P38T
MANILA, Philippines — The total funds and assets held by the Philippines’ financial institutions climbed to a fresh record high in June, crossing the P38-trillion mark for the first time as lenders …
UAE e-invoicing drive accelerates digital shift in business compliance
As the UAE advances e-invoicing, businesses are stepping up investments in tax technology, compliance systems and digital governance to prepare for a new regulatory era …
Financial system resources 8.9% higher at P38.3T in H1
THE Philippine financial system’s resources totaled P38.3 trillion in the first half of the year, latest Bangko Sentral ng Pilipinas (BSP) data showed, up 8.9 percent from P35.2 trillion a year …
PwC weighs halving of China financial services audit staff, Reuters reports
PricewaterhouseCoopers is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an exodus of …
KFH – Bahrain renews its EFTS Services certification in compliance with the ISO 20022 MX standard
Manama, Kingdom of Bahrain: Kuwait Finance House – Bahrain (KFH-Bahrain) recently announced the successful renewal of its Electronic Funds Transfer System (EFTS) services certification, in compliance …
Singapore banks on AI edge as Hong Kong woos investment managers with tax cuts
Singapore is betting on easier access to artificial intelligence models.
Singapore Inc hopes AI access will stop finance high-flyers moving to Hong Kong
Singapore Inc hopes its ability to access the most advanced AI models will help hold back a tide of investment managers leaving for Hong Kong, which is introducing sweeping tax cuts. Asia’s two …