Saigon-Hanoi Bank (SHB) has received approval from Vietnam's central bank to raise its charter capital to VND45.942 trillion ($1.76 billion) after issuing a 13% share dividend, maintaining its ...
Vietnam audit reveals financial sector’s cracks: Bad debts and poor returns
The State Audit of Vietnam has released its consolidated 2024 report, spotlighting multiple irregularities and inefficiencies across financial and banking institutions.
How Japan’s election outcome muddles the BOJ’s policy path
Japan's election outcome may put the central bank in a double bind as prospects of big spending could keep inflation elevated while potentially prolonged political paralysis and a global trade war ...
Extreme heat threatens lives, livelihoods of workers in Bangladesh: Report
Extreme heat driven by the human-induced climate emergency is endangering the lives and livelihoods of urban workers in Bangladesh, Climate Rights International said in a new 172-page report published ...
Garuda Indonesia Eyes New Loans for 50 Boeing 777 Purchase
Currently, Garuda Indonesia is utilizing a Rp6.65 trillion loan from the national sovereign wealth fund Danantara, supplemented by its internal funds.
Pakistan’s first ‘agri Sukuk’ launched
KARACHI: In a major development for Islamic finance and agricultural infrastructure, InfraZamin Pakistan, Sunridge Foods (Pvt) Limited and BankIslami Pakistan marked the launch of the country’s first ...
Garuda Indonesia Eyes New Loans for 50 Boeing 777 Purchase
Currently, Garuda Indonesia is utilizing a Rp6.65 trillion loan from the national sovereign wealth fund Danantara, supplemented by its internal funds.
CIMB deepens push in Thailand, Indonesia
CIMB Group Holdings Bhd continues to sharpen its focus in Thailand and Indonesia despite economic headwinds, concentrating on cross-border banking in Thailand and scaling up Islamic finance in ...
Honour killing: Pakistan viral video shows Baloch couple shot dead over love marriage
After social media outrage, Balochistan Police made several arrests but the main accused including Bano Bibi's brother is at large ...
Exclusive-Indonesia plans $8 billion refineries contract with US firm amid tariffs deal, sources say
By Stefanno Sulaiman and Dewi Kurniawati JAKARTA (Reuters) -Indonesian sovereign wealth fund Danantara plans to sign an $8 billion engineering, procurement and construction contract with U.S.