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Posted on May 15, 2024

Finance minister and BoT chief to meet Thursday

Finance Minister Pichai Chunhavajira says he plans to meet with Bank of Thailand Governor Sethaput Suthiwartnarueput on Thursday, in hopes of easing disagreements between the government and the ...

Posted on May 15, 2024

New Thai Finance Minister to meet central bank chief on Thursday

Thailand’s new Finance Minister plans to meet the central bank governor on Thursday (May 16), having taken a conciliatory tone in a long-running public disagreement between the government and the Bank ...

Posted on May 15, 2024

Thai fiscal and monetary policy must work together, says deputy finmin

Thailand's monetary and fiscal policies must work in tandem, its Deputy Finance Minister said Wednesday. Fiscal policy would focus on expanding the tax base, rather than increasing taxes, Paopoom ...

Posted on May 15, 2024

Trends that are expected to shape the future of payments in Vietnam

As Vietnam progresses toward a cashless society, its payment landscape is set to become more complex with an array of participants ...

Posted on May 15, 2024

Philippine Peso-Backed Stablecoin, PHPC, Granted Approval for Pilot by Central Bank

Coins.ph, a digital currency exchange based in the Philippines, has received approval from the country's central bank to conduct a pilot program for its Philippine Peso-backed stablecoin.

Posted on May 15, 2024

Japan’s top bank MUFG posts narrower-than-expected Q4 decline

Mitsubishi UFJ Financial Group (MUFG) posted a narrower-than-expected decline in fourth-quarter profit on Wednesday, and forecast slight profit growth in the current financial year.

Posted on May 15, 2024

Bangladesh banks in liquidity crisis, hit by forced merger plan

DHAKA -- Businessman Abul Kalam Azad has deposited his money at Basic Bank in Dhaka for years, trusting that the state-owned lender was a secure place to park his savings.

Posted on May 15, 2024

Pakistan to sell all state-owned enterprises to private owners as PM Shehbaz Sharif blames lack of funds

Facing financial challenges, Pakistan's Prime Minister Shehbaz Sharif said on Tuesday to privatize all state-owned enterprises, including the financially struggling Pakistan International ...

Posted on May 15, 2024

Indonesia Auto Finance Market Shifts into High Gear: $20 Billion by 2026 Fueled by Growing Middle Class and Ownership Aspirations: Ken Research

The Indonesian auto finance market is poised for significant growth, reaching a projected value of $20 billion by 2026, according to a compelling report by Ken Research, "Indonesia Auto Finance Market ...

Posted on May 15, 2024

Blackstone-Backed Aadhar Housing Finance Rises in India Debut

Aadhar Housing Finance Ltd. advanced as much as 9% on its first day of trade in India after an initial public offering of 30 billion rupees ($359 million), the country’s second-largest this year.

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