The Philippines’ current account swung to a surplus in the first quarter of 2020, on the back of a slimmer trade deficit caused by disruptions due to the coronavirus pandemic and falling oil prices.
Pakistan’s military pressured to withdraw support for Imran Khan as Covid-19 cases soar
The government is battling surging coronavirus infections, a potential locust infestation, rising inflation and food shortages, and critics say its military sponsors cannot shy away from blame.
Pakistan’s Public Finances Set to Remain a Rating Weakness: Fitch
Pakistan’s fiscal consolidation targets presented its FY21 budget on 12 June will be challenging to meet amid the economic shock …
India’s Milk Mantra secures $10M from US International Development Finance Corporation
Milk Mantra, a startup that procures, packages, sells and delivers milk and other dairy products, has raised $10 million in a new debt financing round as it looks to grow its business in India, where …
Finance: Hong Kong finds new ways to work
Street protests and a pandemic have forced Hong Kong’s bankers and investors to experiment with how they work and raise funds for clients – their innovations have been surprisingly successful and …
Hong Kong to Remain a Financial Hub: Asset Manager PAG
Weijian Shan, chairman and chief executive officer of PAG,, a Hong Kong-based alternative asset manager which oversees $38 billion globally, explains why he thinks the city will remain the premier …
Covid hurts Taiwan lending
Local firms have rapidly gone from being a reliable source of liquidity for dollar loans to taking a big step back from lending this year. The worst may be over, but cash is no longer king – caution …
Grab-Singtel, Sea among 14 shortlisted for Singapore digital bank licences – sources
Singapore has shortlisted 14 applicants, which sources say include internet firm Sea and a joint venture of ride-hailer Grab and Singtel, for up to five digital bank licences in the city-state’s …
Questions about who is loaning Singapore S$22 billion arise as DPM Heng discloses finance data
Questions about the identity of the source for loaning Singapore $22 billion to fund part of its COVID-19 relief measures have arisen, after Deputy Prime Minister Heng Swee Keat d …
Lao People’s Democratic Republic : Technical Assistance Report-Risk-Based Banking Supervision
The law incorporates expectations that financial institutions establish appropriate risk management systems and maintain adequate capital and liquidity. The law also gives the BoL purview over the …