INDIA’S decision to tax returns from fixed-income mutual funds is set to bolster its lenders’ efforts to lure deposits for financing a resurgent credit growth and boost profits.
Malaysia’s capital market continued to expand in 2022, with total funds raised reaching a record RM179.4 billion (S$54.3 billion), a 36.6 per cent incase from RM131.3 billion the year before.
Malaysia’s capital market continued to expand in 2022, with total funds raised reaching a record RM179.4 billion (S$54.3 billion), a 36.6 per cent increase from RM131.3 billion the year before.
MALAYSIA’S capital market continued to expand in 2022, with total funds raised reaching a record RM179.4 billion (S$54.3 billion), a 36.6 per cent increase from RM131.3 billion in 2021.
THE Philippines is planning a benchmark-sized retail US dollar bond offer with the schedule likely to be announced next month, Finance Secretary Benjamin Diokno said, as the government boosts infrastructure spending.
US crypto exchange Coinbase Global encouraged developers working on its new blockchain to focus on how to create stablecoins that track the rate of inflation to preserve purchasing power.
INDONESIA’S Bank Mandiri has mandated six investment banks to work on a US dollar senior bond deal.
FIRST Citizens BancShares agreed to buy Silicon Valley Bank (SVB) which was seized by regulators following a run on the lender.
AUSTRALIAN and New Zealand Banking Group’s CEO said on Monday the latest turmoil in the global banking system had the potential to trigger a financial crisis though it was early to predict it could bring one similar to that in 2008.
MORE than S$3.5 billion in home, renovation and car loans were extended by OCBC under its “Eco-Care” loan programme since its introduction in March 2021, said the bank on Monday (Mar 27).













