News & Events
Fraud Biggest Risk for Middle East companies
This year’s survey found that 42 per cent of executives surveyed in the Middle East believe that corrupt practices still occur widely in business. Dubai – Forty-eight per cent of…
Read MoreAsia Pacific Exchange Kicks Off Singapore Trading with Palm Oil Futures
SINGAPORE/KUALA LUMPUR (May 25): Singapore’s third derivatives exchange kicked off trading on Friday with the launch of palm oil futures, as the largely China-backed bourse looks to get a foothold…
Read MoreDo Investors Have the Right Narrative on Malaysia?
SINGAPORE (May 28): It has been another dramatic week in Malaysia. The new Pakatan Harapan (PH) government has revealed that the country’s total debt and liabilities have breached RM1 trillion…
Read MoreAsian Banks May Just be At the Centre of the Trade Finance Boom
The region is expected to account for over a third of trade flows by 2020. As global trade flows increasingly shift its centre to Asia, banks must double down to…
Read MoreCan Indonesian Banks Survive the Severe Local Currency Depreciation?
The Indonesian rupiah has plunged to a three-year low which might level strain on the banking system. Indonesian banks may just be able to weather the downturn of currency depreciation,…
Read MoreA Saudi-Backed Asia Refinery Is Going to Be a Fuel Juggernaut
Malaysia’s 300,000 b/d RAPID plant to start operating in 2019 Diesel margins seen shrinking in the near term before recovery As China sends a flood of fuel abroad, a giant project…
Read MoreSingapore Introduces New Reporting Standards for Banks
It will require data collection of RMB business activities and deposit rates to be rationalised. The Monetary Authority of Singapore (MAS) has imposed regulatory changes on the reporting standards for…
Read MoreSpot Prices Spike Amid Flurry of Interest from Asian Buyers
Reuters are reporting that Asian spot LNG prices have spiked amid a flurry of buying interest from buyers in China, Pakistan, South Korea and India, and as new supply from Australia…
Read MoreENN Seeks Commissioning Cargo For China’s First Private LNG Import Terminal
SINGAPORE, May 17 (Reuters) – Chinese gas distributor ENN is seeking a commissioning cargo for the country’s first privately owned liquefied natural gas (LNG) import terminal, three industry sources said…
Read MoreAsian Banks Pilot Cross-Border Payment Test Over RippleNet
The collaboration aims to streamline cross-border payments. Mitsubishi Corporation, MUFG Bank, Bank of Ayudhya and Standard Chartered have jointly launched the pilot test for moving real funds over the cross-border…
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