Money & Finance

Moody's Investors Service predicts Malaysia, Indonesia, and Turkiye will become the largest sovereign sukuk issuers in 2023-2024. Malaysia's fiscal deficit is expected to decrease to around 5% of GDP, supporting annual sovereign sukuk issuance of US$20-22 billion.

Asian shares showed mixed performance as investors await the Federal Reserve's expected interest rate increase. Japan's Nikkei 225 rose 1.7%, while Australia's S&P/ASX 200 added 0.9%. The Fed is likely to raise rates by 0.25 percentage points, marking its first increase since 2018.

Philippines , April 10, 2025 The Bangko Sentral ng Pilipinas (BSP) raised interest rates once again this week, increasing the benchmark rate by 25 basis...

Vietnam , Apr 19, 2025 Vietnam has officially launched its long-awaited digital currency pilot, positioning itself as a serious contender in Southeast Asia's race toward...

Thailand , May 10, 2024 Thailand is witnessing a worrying rise in credit card delinquency rates, reaching the highest levels in five years. According to...