India’s financial crime agency has provisionally frozen 30.84 billion rupees ($350.87 million) in assets linked to Reliance Anil Ambani Group as part of a money-laundering investigation, a government …
India stock benchmarks flat on consolidation after October rally
India’s equity benchmarks traded flat on Monday with analysts expecting consolidation after strong gains last month, while stock-specific reactions to quarterly earnings supported broader market …
Financial stress erodes productivity in Bangladesh’s private sector: Study
The Employee Benefit Trends Study (EBTS), which covered over 700 employees from sectors including garments, banking, FMCG, telecom, NGOs, and manufacturing, paints a sobering picture of a workforce th …
Hong Kong Finance Chief Says City Set to Hit Year’s Growth Goal
Hong Kong is poised to achieve its goal for economic growth this year, Financial Secretary Paul Chan wrote in his weekly blog.
The private equity market is Bangladesh’s ‘biggest opportunity’, says LR Global
Bangladesh has seen an uptick in economic growth in the past few years, but have richer investment opportunities followed? World Finance interviews Reaz Islam, Managing Partner of LR Global Bangladesh …
Taiwan awards first set of virtual bank licenses
Taiwan has granted its first three virtual banking licenses to consortia backed by investors from Taiwan and Japan, as it looks to speed up innovation in a market resistant to change. Financial …
Bangladesh prioritizes climate finance in public expenditure planning
The Bangladesh government on Tuesday inaugurated the second phase of the Inclusive Budgeting and Financing for Climate Resilience (IBFCR-II) project, a flagship initiative designed to weave climate …
Azerbaijan strengthens green financing framework for renewable energy projects, says official
Azerbaijan is expanding opportunities for “green financing” to support renewable energy projects, officials said at the 13th Caspian Energy Forum in Baku, Azernews reports.
Bangladesh eyes arms exports
They estimated Bangladesh’s domestic demand for defence products at around Tk8,000 crore, covering the needs of the armed forces as well as the Border Guard Bangladesh, Coast Guard, police, Ansar and …
Iran’s Economic Growth Slows amid Weaker Investment
Iran’s economic engine is losing momentum. According to new data from the Statistical Center of Iran, the country’s gross domestic product (GDP) shrank by 0.4% in the first quarter of the current …