Banking & Finance

Banking & Finance

1218
Now that US authorities are seeking to seize a variety of assets purchased with allegedly embezzled money from Malaysia's state fund 1Malaysia Development Berhad...

922
The US Department of Justice said it will seek to recover $540 million in assets that were allegedly stolen from Malaysia's troubled sovereign wealth...

991
A US-based campaign group focusing on Myanmar urged the World Bank’s financing arm International Finance Corporation (IFC) to reconsider its Myanmar investments, saying its...

1500
Malaysia will impose a new tourism tax from July 1 this year, ranging from 2.50 ringgit ($0.60) per room per night for an “unrated”...

1235
The absence of an inclusive banking branch network in Myanmar and notoriously complicated and slow banking account transmissions have led to strong acceptance of...

866
The new Forbes list of Thailand's 50 richest persons is out, and - lo and behold - it shows that their collective net worth...

807
The Thai government once again postponed the initial public offering of its long-awaited Thailand Future Fund which was due to list in the second...

607
The hardline approach of Philippine President Rodrigo Duterte towards drug dealers and consumers in his country that has resulted in more than 8,000 deaths...

577
Vietnam National Coffee Corporation, the nation’s largest state-owned coffee producer known for its Vinacafé brand, is planning an initial public offering (IPO) next year...

720
The newest edition of the annual Knight Frank Wealth Report found that wealth creation in Vietnam has been accelerating at the fastest pace of...

548
Bank Islam Brunei Darussalam Bhd is exploring an initial public offering (IPO) which would be the first one of a company based in the...

414
The Philippine central bank approved new rules and regulations governing the operation of virtual currency exchanges, including those for the most widely used cryptocurrency...

591
Vietnam, Asia's number one beer drinking nation, will see its next huge initial public offering next week when Hanoi Beer Alcohol and Beverage Corp,...

400
Malaysia has introduced a five-year Islamic Fund and Wealth Management Blueprint to further strengthen the country's position as a global hub for Islamic funds...

544
Embezzled money from scandal-ridden state fund 1Malaysia Development Berhad (1MDB)  has apparently been used to fund celebrity parties, papers presented by the Singapore Commercial...

389
Global investors have set their sight on Vietnamese stocks which have been outperforming their regional peers in the recent past but, according to analysts,...

416
The central banks of Thailand, Malaysia and Indonesia agreed on a currency cooperation in order to promote the use of their local currencies for...

421
Leni Robredo, the polar opposite of President Rodrigo Duterte resigned from her post as the chairperson of Housing and Urban Development Coordinating council due...