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Posted on March 16, 2021

China debt: State Council says local governments must ‘tighten their belts’ and cut debt to reduce financial risks

Analysts expect China’s leadership to focus on tackling growing implicit debt piles, particularly at local government levels, while reducing a decades-old reliance on debt-driven growth.

( read original story …)



Posted on March 16, 2021

India to set up development finance body for infrastructure

India’s cabinet approved on Tuesday the establishment of a development financial institution (DFI) to boost investment in infrastructure projects, the finance minister said, as it moves to increase …

( read original story …)



Posted on March 16, 2021

China cenbank official proposes financial stability law in magazine article

China should push for legislation on financial stability to be rolled out as soon as conditions are ripe, a vice governor of the central bank wrote in a magazine published by the bank on Tuesday.

( read original story …)



Posted on March 16, 2021

China cenbank official proposes financial stability law in magazine article

China should push for legislation on financial stability to be rolled out as soon as conditions are ripe, a vice governor of the central bank wrote in a magazine published by the bank on Tuesday.

( read original story …)



Posted on March 16, 2021

India to set up development finance institution to fund infra projects

NEW DELHI (Reuters) – India’s federal cabinet on Tuesday approved a development financial institution to boost investment in infrastructure projects, finance minister said. “I expect the institution …

( read original story …)



Posted on March 16, 2021

11% finance leaders in India believe they are at advanced stage in digital finance journey: EY India survey

New Delhi: While 92% finance leaders in India have started their journey to introduce digital interventions in finance, only 11% believe they are at an advanced stage, according to EY India survey …

( read original story …)



Posted on March 16, 2021

China debt: State Council says local governments must ‘tighten their belts’ and cut debt to reduce financial risks

Analysts expect China’s leadership to focus on tackling growing implicit debt piles, particularly at local government levels, while reducing a decades-old reliance on debt-driven growth.

( read original story …)



Posted on March 16, 2021

China cenbank official proposes financial stability law in magazine article

China should push for legislation on financial stability to be rolled out as soon as conditions are ripe, a vice governor of the central bank wrote in a magazine published by the bank on Tuesday.

( read original story …)



Posted on March 16, 2021

IMF sees Thai economy growing 2.6% this year

Thailand’s economic recovery is expected to be sluggish with growth of 2.6% in 2021 after last year’s slump, and it should continue accommodative policies to support the recovery, the International …

( read original story …)



Posted on March 16, 2021

Malaysia confident of achieving high-income economic status within five years – Tengku Zafrul

Malaysia had undergone many changes in terms of economic structure and was now among the major producers of semiconductors, electrical goods, as well as the largest global producer of rubber gloves.

( read original story …)



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