National Bank of Cambodia (NBC) governor Chea Chanto said growing demand for the riel has steadily increased with the public and investors over the past two decades. Chanto said it has helped boost ... ( read original story ...)
Moody’s downgrades Sri Lanka; outlook changed to Stable
Moody’s Investors Service yesterday downgraded Sri Lanka’s long-term foreign currency issuer and senior unsecured ratings to Caa1, from B2 and changed the outlook to stable, after more than five ... ( read original story ...)
Vietnam’s Economic Growth Accelerates in Third Quarter
(Bloomberg) -- Vietnam’s economic growth accelerated in the third quarter as exports and manufacturing began recovering from the pandemic-induced slump of the first half of the year. Gross domestic ... ( read original story ...)
Vietnam records GDP growth of 2.12% over nine months
The national economy is anticipated to grow by 2.62% in the third quarter, which is much higher than the Q2 figure (0.39%) but lower than the Q1 figure (3.68%). Though the nine-month growth figure was ... ( read original story ...)
2,000 Industry Leaders Gather Online to Transform the Future of Payments, E-commerce, Retail, Fintech, and Identity in the Philippines
On 30 September & 1 October, Seamless Philippines' 2020 edition will take place online, bringing together the entire ... ( read original story ...)
Japan’s Three Megabanks to Extend Loans to NTT for NTT Docomo Acquisition: Sources
MUFG Bank will extend the biggest amount, the sources, who are familiar with the matter, told Reuters, declining to be identified because the deal is not official yet. Wealth of Knowledge is a weekly ... ( read original story ...)
Indonesian fintech startup BukuWarung gets new funding to add financial services for small merchants
A month after completing Y Combinator’s accelerator program, BukuWarung, an financial tech startup that serves small businesses in Indonesia, announced it has raised new funding from a roster of ... ( read original story ...)
Rebound Anticipated For Indonesia Stock Market
The Indonesia stock market headed south again on Monday, one session after ending the four-day losing streak in which it had stumbled ... ( read original story ...)
India’s ‘Shambolic’ Central Bank Delay Holds Back Recovery
India’s government injected more uncertainty into the economy this week, failing to act in time to appoint members to the central bank’s panel that decides interest rates. ( read original story ...)
Remembering Jaswant Singh: India has lost a noble son, and our polity, a classical liberal
He was the first finance minister who was deeply steeped in international relations. This imparted a unique perspective to his economic policy thinking ... ( read original story ...)