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Central Banks of Indonesia, Malaysia, Philippines, Singapore and Thailand Seal Cooperation in Regional Payment Connectivity

Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments. A Memorandum of Understanding (MOU) on Cooperation in Regional Payment Connectivity (RPC) was signed on 14 November 2022 in Bali, Indonesia, on the sidelines of the G20 Leaders’ Summit with keynote address from Indonesia’s President, His Excellency Joko Widodo.

time:
2022-11-14 08:00:00
views:
48830

The Economic and Monetary Conditions for September and the Third Quarter of 2022

In September 2022, the Thai economic recovery remained on track. Service sectors improved from the previous month thanks to increases in foreign tourist figures. The value of merchandise exports also picked up after a notable reduction in the previous month. For domestic spending, the private consumption indicator remained generally stable, while the private investment indicator slightly declined in line with the lower manufacturing production. Meanwhile, public spending contracted due to lower spending of the central government from both the current and capital expenditures.

time:
2022-11-02 15:00:00
views:
31727

Press conference to be held on 28 October at 15.00 following Board of Directors’ monetary policy meeting

Bank of Russia Governor Elvira Nabiullina and Bank of Russia Deputy Governor Alexey Zabotkin will

time:
2022-10-26 14:44:03
views:
66613

HKTDC Export Index 3Q22: Gradual Recovery Underway

For the third quarter of 2022 (3Q22), the HKTDC Export Index increased by 1.9 points to 32.8, an improvement on both the 30.9 recorded for 2Q22 and 1Q22’s figure of 24.7. This indicates that many Hong Kong exporters are gradually becoming more optimistic with regard to their short-term prospects.

time:
2022-09-19 10:00:00
views:
55890

Chinese-made turtleneck jumpers gain popularity in Europe thanks to Macron

After the French president and minister of economy both wore turtleneck jumpers, the turtleneck trend has become a winter hit second only to electric blankets in Europe, and winter clothing exporters in China are working overtime to catch up with European orders.

time:
2022-10-15 12:00:00
views:
60312

Mortgage loans statistics – August 2022

According to statistics released today by the Monetary Authority of Macao, new approvals of residential mortgage loans (RMLs) and commercial real estate loans (CRELs) both increased in August 2022.

time:
2022-10-13 08:00:00
views:
53207

Monetary and financial statistics – August 2022

According to statistics released today by the Monetary Authority of Macao, broad money supply continued to grow in August. Meanwhile, both resident deposits and loans increased from a month earlier.

time:
2022-10-08 08:00:00
views:
62116

China's fiscal revenue rebounds as pro-growth policies pay off

China's fiscal revenue and tax revenue were both on the mend after months-long decline, a sign of pro-growth policies taking hold.

time:
2022-10-02 10:00:00
views:
53891

Chapter 18:Creating a Robust Digital Ecosystem- The14th Five-Year Plan

Chinese goverment will place equal attention on delegating power and improving regulation, promote both development and standardized management, and build a system of digital rules with a view to creating an open, healthy, and secure digital ecosystem.

time:
2022-09-15 13:00:00
views:
90993

Bank of Thailand to hike rates gradually to contain inflation

The Bank of Thailand (BoT) will raise interest rates gradually.

time:
2022-09-08 12:00:00
views:
55062

Luxembourg is textbook example in World Bank anti-money laundering document

‘Name and shame’ remains a common practice in the fight against financial crime. Both states and financial institutions can be subject to it, each at their own level. In a recently published manual for national regulators, the World Bank illustrates this principle by citing Luxembourg.

time:
2022-09-07 12:00:00
views:
49552

FMA reveals annual corporate plan

The Financial Markets Authority has released its annual corporate plan 2022/23 by signalling a period of change for both the financial services industry and the regulator itself.

time:
2022-09-06 15:53:49
views:
37980

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