Economy
Japan and Indonesia renew their bilateral swap agreement
Japan and Indonesia renew their bilateral swap agreement
The size of the BSA is up to $22.76b or its equivalent Japanese yen.
The Philippines launch financial inclusion website
The website features the latest regulations, issuance, and initiatives from FISC agencies.
Thailand, Philippine central banks discuss AI, digital payments in bilateral meeting
They discussed the use of AI to support the central bank’s work, amongst others.
Mizuho, UNDP team up to support impact businesses
UNDP will provide Mizuho with advisory services.
India and Maldives ink currency swap agreement
The agreement is valid until June 2027.
HK central bank, banking assoc express support for banking integrity charter
The HKMA and HKAB co-hosted the launching ceremony with ICAC.
Philippine central bank gearing up for digital marketplace, new digital banks
Up to four new digital banks may enter the market.
Mizuho buys stake in fusion power tech firm Zap Energy
Mizuho said that this is part of its bid for carbon neutrality.
China property sector bailout to hit banks’ asset quality, solvency
Solving the issue of heightened inventory may cost 2.6% of China’s GDP.
SMEs propel growth in Asia’s corporate banking
Asia’s CIB is projected to grow by 7% annually through 2027.
India’s central bank names new executive director
Shri Aviral Jain will look after the legal and premises departments.
Japan, Cambodia’s financial service authorities exchange letters of cooperation
They will exchange views on regulatory and supervisory practices.
SCB sells food delivery platform Robinhood for over $61.3m
The buyers, led by Yip In Tsoi Group, will make an initial payment of $12.27m.
Mizuho purchases non-voting minority stake in Golub Capital
Mizuho’s stake represents less than 5% in Golub Capital’s management companies.
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
APRA revokes two banking licences
At the time of revocation, the bank had not launched any products.
Central banks of Thailand, Vietnam hold bilateral meeting
The central bank representatives discussed banking and policy issues.
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