With the economic boom being seen in the Philippines, nouveau wealth is appearing in the country, boosting the property market. Experts are at strife about the question whether a bubble is in formation.
There is remarkable activity going on in Southeast Asia with regard to mergers and acquisitions in the banking sector. Bank acquisitions are set for a record year of volumes with more than $20 billion worth of deals in the pipeline.
Islamic institutions around the world should move past sukuk and build a unified platform that promotes the essence of Islamic finance – trading, said the head of Kuwait Finance House (KFH) in Malaysia.