The U.S. International Development Finance Corporation (DFC) and Overseas Cambodian Investment Corporation (OCIC) have signed a Letter of Intent outlining a USD 100 million strategic financing for ...
MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk
The review comes amid hopes that Seoul could be included in MSCI's Developed Markets watchlist.
Thailand under no pressure to raise rates, finance official says
Thailand is under no pressure to raise interest rates, Vice Finance Minister Santitarn Sathirathai said on Wednesday, adding that the country's economy was stable.
Vietnam evolving from FDI destination into broader capital markets story: Citi
Kaustubh Kulkarni, Citi's Head of Investment Banking for Japan, Asia North & Australia, and Asia South, discusses the investment banking landscape in Asia and Vietnam's growing role within the region.
India-Japan relationship could become world’s most important: Japanese finance minister
Japan's Finance Minister Satsuki Katayama believes the India-Japan relationship could become the world's most important. Speaking at a Tokyo conclave, she lauded PM Modi and emphasized cooperation ...
Indonesia Gets Some Breathing Room as MSCI Delays Downgrade Decision
Indonesia will retain its emerging-market status for now after index provider MSCI deferred a decision that could have downgraded the country.
Indonesia Shields Danantara Bond Buyers From Legal Scrutiny
Indonesia will exempt from legal and tax scrutiny purchases of bonds from sovereign wealth fund Danantara, a move the country’s finance minister said was designed to bring money back into the country ...
Bangladesh Targets Growth Revival With Record Budget Spending
Bangladesh’s new government unveiled its first budget on Thursday, outlining record spending to be financed through higher tax revenue and foreign borrowing, as the South Asian nation seeks to revive ...
More humiliation for Pakistan as IAF’s bid for maintenance of 36 Rafale exposes jet loss claim
The Request for Proposal (RFP) issued in June confirms that all 36 Rafale fighter jets acquired under India's 2016 deal with France remain in active service.
MSCI extends Indonesia review to November, flags downgrade risk
SINGAPORE, June 23 (Reuters) - MSCI said it would extend its review of Indonesia's emerging market status to November, including a possible downgrade to frontier classification, leaving the world's ...