finance sector
Philippine exchange to approve Shariah-compliant firms
The Philippine Stock Exchange (PSE) in December 2013 will designate its first Shariah-compliant companies, in a bid to keep Muslim savers' money in the...
Malaysia has to face its challenges
There are some strange things going on in Malaysia these days and one has to wonder what the underlying reasons are.
First of all, the...
Philippines pushes Islamic finance
The Philippines' central bank has begun pushing several initiatives to develop the Islamic finance sector and encourage financial inclusion of the Muslim minority.
"There is...
‘Financial crisis’: Laos stops payment for public projects
Lao Prime Minister Thongsing Thammavong said during a special government meeting in Vientiane on September 13 that Laos was running a "high debt level"...
ADB lends Cambodia $70m for reforms
Asian Development Bank (ADB) on August 26 signed loan agreements worth $70 million with Cambodia to expand the country’s rice sector and promote reforms...
Brunei: Much catching up to do in Islamic banking
Brunei has still to fully develop its Islamic finance sector. There are great opportunities for foreign Islamic banking institutions to forge ties with the Brunei government and its banking institutions in pushing the business.
Barwa Bank: Building a strong brand in Islamic finance
Barwa Bank, a fast growing young financial institution in Qatar, is taking the sector by storm. After having managed a lot of funding deals recently, the bank is in full swing to become a major player in the region.
Qatar, Bahrain forge closer ties to ASEAN
The two wealthy Gulf states of Qatar and Bahrain are intensifying their economic relations to ASEAN states. While Bahrain is marketing itself as a...
SCORE and agro-based industries help Sarawak’s economy maintain strong growth figures
Despite the global downturn, Sarawak has maintained steady growth over the past few years helping the state to beat predictions and post strong figures.
Sarawak’s...
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Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...