ECONOMYNEXT – Fitch Ratings has placed Sri Lanka’s Housing Development Finance Corporation Bank’s national rating of ‘BB+ (lka)’ and State Mortgage & Investment Bank’s (SMIB) national rating of ‘BB …
World collectively needs to hike climate finance: India at COP30
India calls for more climate adaptation funding as the global shortfall grows. Environment Minister Bhupender Yadav stated adaptation is crucial, not optional. Developing nations need billions …
Sri Lanka sets December rollout for new gambling regulator
Sri Lanka’s Gambling Regulatory Authority Act will take effect on December 1, creating a consolidated oversight system that investors, online operators and integrated resorts will enter at a time of …
India at COP30: Hike Climate Finance Needed
India urges increased climate finance at COP30, highlighting the adaptation gap and the need for global collective action.
EBRD provides €10 million to finance copper pipe production in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €10 million to MaxCopper, a newly created copper pipe manufacturer in Uzbekistan, to finance working capital …
India’s digital payments revolution is redefining global finance
In less than a decade, the country has built the most sophisticated, inclusive and rapidly scaling digital payments ecosystem on the planet …
Iran Ends Nuclear Inspection Deal—What We Know
Separately, talks with the U.S. have not resumed as Iran continues to condemn the attacks, during which Israel and the U.S. launched strikes on Iran’s nuclear facilities, citing them as a major reason …
Hong Kong is expanding tokenization into areas like shipping leasing and corporate fund management
Hong Kong is attempting to further integrate tokenization into its economic activities. The Financial Services and Treasury Bureau Director, Christopher Hui, revealed Hong Kong’s plans to integrate …
Singapore raises 2025 growth forecast to ‘around 4%’; expects 1-3% growth in 2026
The 2025 forecast upgrade came on better than expected Q3 performance, driven by AI chips Read more at The Business Times.
Mongolia embraces foreign capital
Companies in general have become more willing to embrace public markets, said Zolbayar Enkhbaatar, founder and CEO of Capital Markets Mongolia. “I’m seeing a big shift in mindset,” he said. “Companies …