Asia-Pacific

Merchant bankers also agreed to provide support. Listed companies were asked to form market-making subsidiaries. Bangladesh Bank amended its rules on calculating bank exposure limits.

Bangladesh has sufficient FX reserves for over five months of imports, providing some cushion. It has also taken measures to address its falling FX reserves.

While there has been a surge of data disclosure in Asia, the lack of a unified set of rules across the region opens the door for inconsistencies.

As countries move at different speeds towards developing their own standards, is this multiplicity an obstacle to a greener future?

Businesses can make a smaller down payment to reschedule their loans. Rescheduling will allowed up to four times, compared to three times previously.

Asset managers in Asia could be forgiven for thinking ESG stood for Ever-Shifting Ground.

Organisastions are faced with the challenge of understanding the nuances of regulations and ensuring they have sufficient capacity to apply them in daily business activities.

At least 75 percent of the BDT 250 million scheme will be disbursed among cottage, micro and small entrepreneurs, and 25 percent to medium sized enterprises.

The central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand will formally sign an agreement on payment connectivity in November.

An exemption from requirements to convert FX into the kyat has also been reversed for companies with foreign minority ownership.