THE BANGKO SENTRAL ng Pilipinas (BSP) is working to strengthen the domestic capital market and promote cross-border payments as financial markets become more integrated. “The BSP is working to deepen …
Pakistan seeks enhanced IFC support for private sector development
The IFC delegation briefed the Minister on its expanding engagement in Pakistan across investment and advisory operations. Discussions also covered ongoing collaboration with federal and provincial …
Sri Lanka plans $1.6 bn in cyclone recovery spending in 2026
Sri Lanka’s government announced plans on Thursday for $1.6 billion in extra spending in 2026 to fund the country’s recovery from Cyclone Ditwah, which killed more than 640 people. The natural …
Sri Lanka plans $1.6 bn in cyclone recovery spending in 2026
Sri Lanka’s government announced plans on Thursday for $1.6 billion in extra spending in 2026 to fund the country’s recovery from Cyclone Ditwah, which killed more than 640 people. The natural …
Sri Lanka presents post-Ditwah recovery expenditure estimate of LKR 500 billion
COLOMBO: Sri Lanka’s parliament was on Thursday told that LKR 500 billion would be additionally needed to restore livelihoods of those affected due to the devastating cyclone Ditwah. Prime Minister …
South Korea is pulling out all stops to try to prop up won
South Korean authorities have begun widening their response. The government eased FX rules to lure inflows, and said supervisory burdens tied to enhanced FX-liquidity stress tests for financial …
Thai central bank proposes controls on gold trade, ready to cut rates further
By Kitiphong Thaichareon and Orathai Sriring BANGKOK, Dec 18 (Reuters) – The Thai central bank is calling on the finance ministry to control gold trading after a surge in transactions helped drive up …
Japan’s MUFG to invest over $4 billion for stake in India’s Shriram Finance, sources say
Japan’s Mitsubishi UFJ Financial Group (MUFG) is set to invest more than $4 billion for a roughly 20% stake in Indian non-bank financial company Shriram Finance , with the deal to be closed on Friday, …
Iran’s $2 billion Venezuela gamble at risk as US moves to choke oil exports
Iran faces growing pressure to recover more than $2 billion in assets tied to Venezuela as the United States escalates its sanctions and restricts oil shipments. The move comes amid fears that …
Japan Securities Finance to cancel 5 million treasury shares
Japan Securities Finance Co ( ($JP:8511) ) has shared an announcement. Japan Securities Finance Co., Ltd. announced its decision to cancel …