Tags Posts tagged with "Standard Chartered"

Standard Chartered

Thai central bank to issue state-backed digital money

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The central Bank of Thailand (BoT) revealed on August 22 plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the...
Despite slowdown, Philippines to lead GDP growth in SE Asia this year

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Citigroup in a new country study said it expects the Philippines to enjoy the fastest economic growth in Southeast Asia and the third-fastest growth...
Philippine economic growth expected to slow down in 2017

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Growth of gross domestic product (GDP) in the Philippines is seen to slow down this year, at least as per the forecast of UK...
‘Malaysian people defrauded on a massive scale’: FBI on 1MDB scandal

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US federal prosecutors filed a civil lawsuit on July 20 in order to seize more than $1 billion in assets they believe were obtained...
Vietnam startup gets funding from StanChart, Goldman Sachs

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MoMo, Vietnam's first and only mobile wallet service, raised $25 million from Standard Chartered Private Equity and $3 million from Goldman Sachs, VnExpress reported....
Barclays cuts hundreds of jobs in Asia, exits South Korea, Taiwan

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British bank Barclays is closing its investment banking units in Asian countries, namely Indonesia, Malaysia and Thailand, as well as in Australia and Russia,...
Slowing remittance growth from Filipino workers cause for concern

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Slowing growth of remittances sent by Overseas Filipino Workers (OFWs) to their home country have alerted economists that there might be a sustained weakness...
Myanmar could get first credit rating

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Myanmar is in early-stage talks to get its first credit rating, people familiar with the matter said, paving the way for an eventual debut...
Indonesia plans restrictions on foreign banks

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A new draft of Indonesia's banking bill has revealed that lawmakers will proceed with a plan to restrict the operation of foreign banks, setting...
Singapore wants to be Asia’s gold trading hub

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, an Asian hub for banking and finance, is ramping up its bid to become a center for gold trading that may one day...
Thai tycoon plans Singapore REIT listing

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A trust holding Thai billionaire Charoen Sirivadhanabhakdi’s hotels and hospitality assets plans to raise nearly $300 million in a Singapore listing, cementing the bourse’s...
Singapore IPO market shrinks 72% in first half of 2014

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Companies raised $773.6 million on the Singapore Exchange during the first six months of the year, down from $2.77 billion during the same time...
Foreign banks to start operations in Myanmar

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Myanmar will allow selected foreign banks to start offering limited financial services in the country by 2014, a senior central bank official said according...
Malaysia’s GDP could grow by 5.3% in 2014

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Malaysia's economy is expected to expand 5.3 per cent in 2014 from an estimated 4.7 per cent this year, Standard Chartered said on December...
Islamic finance in the focus at the IFN 2013 Asia Forum

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The Islamic Finance News Forum, held on October 21 and 22 in Kuala Lumpur, saw no less then 2,416 delegates discussing and networking on...
Islamic Finance forum to kick off in Kuala Lumpur

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Malaysia's capital Kuala Lumpur will be the stage for the Islamic Finance news Asia Forum 2013 (IFN 2013) held on October 21 and 22...
Malaysian oil driller kicks off $738m IPO

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UMW Oil & Gas Corporation Bhd, a Malaysian offshore and drilling services firm, will start taking orders on October 3 for its 2.36 billion...
Go Philippines, but do your homework first

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Times are changing. The Philippines, which probably has been seen as not more than a constant source of foreign workers, maids and nurses for...