Debt-ridden Sri Lanka gets US$350 million loan boost from Asian Development Bank

Some Sri Lanka creditors seeking debt restructuring deal without China - Bloomberg News citing sources

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#creditor #bankmeetings #citingpeople

2023-09-27 08:27:51 • 1 min

Sri Lanka's $3 billion IMF bailout hangs in balance amid reform conditions

The uncertainty surrounding Sri Lanka's immediate $3 billion bailout agreement with the International Monetary Fund (IMF) continues to loom, as the nation...

#bailout #inflationtargets #IMF

2023-09-27 08:13:00 • 1 min

Thai cabinet approves $5.3 billion in new borrowing for fiscal year 2024

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#newborrowing #investment #market

2023-09-26 06:55:54 • 1 min

Thai central bank raises key rate, cuts growth outlook

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#reuters #economy #investment

2023-09-27 07:22:16 • 1 min

Thai Central Bank Hikes Rate By 25 Bps

Thailand's central bank lifted its key interest rate by another quarter point to the highest level in a decade and hinted that rates are unlikely to be...

#government #delayedrecovery #hikesrate

RTTNews

2023-09-27 11:20:49 • 1 min

AIIB pledges $4.5 billion to Bangladesh for climate projects and other sectors

The Asian Infrastructure Investment Bank (AIIB), led by China, has pledged to provide Bangladesh with a $4.5 billion loan over the next five years, as stated...

#emergency #othersectors #programimplementation

2023-09-26 19:48:55 • 1 min

EBRD projects robust economic growth in Central Asia amid challenges

The European Bank for Reconstruction and Development (EBRD) forecasts a strong economic performance across Central Asia, as per their latest Regional...

#development #forecast #economy

2023-09-27 16:04:50 • 2 mins

China's Shengjing Bank in US$24 billion deal to sell assets to government-backed entity

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#portfolio #investment #financeauthority

2023-09-27 15:24:00 • 1 min

JP Morgans Inclusion of India in Emerging Markets Indices May Not Boost Bond Demand as Expected

India's inclusion in JP Morgan's emerging market indices may not necessarily lead to an increased demand for Indian government bonds from global passive...

#health #indianbonds #shiftingdynamics

2023-09-27 17:08:56 • 1 min

China's funding round to boost chip industry struggling to raise target of $41 billion - FT

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#initialphases #fundinground #economicclimate

2023-09-27 03:18:54 • 1 min

Thailand approves $908 million plan to suspend farmers' debts for 3 years

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#farmingfamilies #sluggisheconomy #billionbaht

2023-09-26 06:27:16 • 1 min

World Bank chief vows to tackle dysfunctionality at development lender

WORLD Bank president Ajay Banga said on Tuesday (Sep 26) that he is working to reform dysfunctionality among the leadership of the development lender, and...

#development #president #ajaybanga

The Business Times

2023-09-27 04:22:10 • 1 min

Thai cabinet approves debt suspension for farmers

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#policy #sluggisheconomy #billionbaht

2023-09-26 06:27:16 • 1 min

Gov’t rejects bids for 3-year T-bonds

MANILA -The national government rejected all tenders for its three-year Treasury bonds as waning lenders’ appetite rendered the offer undersubscribed,...

#bloomberg #laws #investment

Inquirer.net

2023-09-27 04:44:40 • 1 min

Thailand central bank navigates complex decision amidst economic stimulus

Amidst Prime Minister Srettha Thavisin's $15.5 billion economic stimulus aimed at achieving a 5% growth target, Thailand's central bankers find themselves...

#Economicstimulus #investment #economy

2023-09-27 06:09:00 • 1 min

Thai cabinet approves $13.7 billion investment from state-owned companies

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#investment #government #billionbaht

2023-09-26 06:55:54 • 1 min

Foreign investors still need more info on Maharlika

MANILA -Efforts to promote the Maharlika Investment Fund (MIF) overseas are not gaining as much traction as expected, mainly because there is not enough...

#budget #ceo #goldenopportunities

Inquirer.net

2023-09-27 18:24:00 • 1 min

Investors snap up retail dollar bonds; BTr raises $611.2M

MANILA -The Bureau of the Treasury (BTr) raised an initial $611.2 million from the auction of the second-tranche US-dollar denominated retail Treasury bonds...

#marcosadministration #philippineislands #benjamindiokno

Inquirer.net

2023-09-27 18:14:00 • 1 min

Politics

Rhode Island Community Bank to Pay $9M to Resolve Discriminatory Lending Allegations

PROVIDENCE, R.I. (AP) A community bank in Rhode Island agreed to pay $9 million to resolve allegations that it engaged in lending discrimination by redlining...

#ceo #laws #business

U.S. News & World Report

2023-09-27 20:10:50 • 1 min

Bank of the Philippine Islands set to issue P5 billion bonds under its P100 billion program

The Ayala-led Bank of the Philippine Islands (BPI) is preparing to issue P5 billion ($100 million) of fixed-rate, 1.5-year bonds on Oct. 17, 2023, as part of...

#bond #philippineislands #option