UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviewed the latest inflation figures in the Philippines. Key Quotes “Headline inflation spiked up to a 20- …
Nagad wins best digital financial service award
The state-owned mobile financial service, a concern of Bangladesh Post Office, was evaluated based on its merits and expertise …
Indonesia’s Booming Startup Scene Poised for Further Growth: Report
Indonesia’s fintech ecosystem is booming, according to a new report by Singapore Fintech News. The country is now home to at least 322 fintech companies, including 125 registered but unlicensed online …
Indonesia submits vaccine request to COVAX
Foreign Minister Retno LP Marsudi said on Monday that Indonesia had submitted a vaccine request form to COVAX Facility, a global COVID-19 vaccine allocation plan that aims to help buy and fairly …
Indonesia Gets First Batch of Vaccine From China’s Sinovac
The first batch of Covid-19 vaccine ordered from China’s Sinovac Biotech Ltd. arrived in Indonesia, marking a new phase in the country’s fight against Southeast Asia’s worst outbreak.
China Foreign Reserves at Highest Since 2016 as Trade Booms
China’s foreign exchange reserves rose by more than $50 billion in November to the highest since August 2016, likely boosted by the weaker dollar and a trade surplus at record highs.
Israel’s annual budget deficit hits record $46.2bn
Israels annual budget deficit reached a record of $46.2 billion, said a report published by the Ministry of Finance.
Could Port City-related FDI bailout Sri Lanka?
A recent press release by the Finance Ministry in response to the downgrade of Sri Lanka’s sovereign rating by Fitch Ratings expresses the government confidence in overcoming Sri Lanka’s short-term …
Malaysia: A hub for Shariah fintech
Malaysia is the undisputed leader in the Islamic finance industry, with a 48% market share of global sukuk issuance in 2019, more than double that of its biggest competitor Saudi Arabia. Recently, the …
GST revival not an option for now, says finance ministry
Deputy Finance Minister Mohd Shahar Abdullah said today t (GST) scrapped in 2018 is not an option for the government to re-implement. He said the government is looking at other measures for the …