AN INTEREST rate cut will boost Thailand’s economy and help weaken the baht currency and banks should lend more to boost growth,...
The policy lull is depriving the economy of stimulus and delaying expectations for monetary easing in 2025
Prabowo will launch the new body, Danantara, at 10 am local time on Feb 24
A recently revised law shows that it will report to President Prabowo Subianto, giving him greater control of the entities
With an estimated US$900 billion in assets under management, Danantara is poised to become one of the world’s largest sovereign wealth funds
With about US$900 billion in assets under management, the fund is poised to become one of the world’s largest sovereign wealth funds
CHINA’S local governments are rushing to issue bonds to refinance hidden debt, further tightening liquidity in the financial system.
AUSTRALIA’S Perpetual on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units,...
The notes are expected to be issued on Feb 28, 2025
Deposits double to S$3.8 billion in 2024