The Philippine central bank is eyeing new measures to further develop the country's capital markets.
The Bangko Sentral ng Pilipinas (BSP) plans stricter guidelines on banks’ exposure to the real estate sector as the country’s property market continues to boom.
The Bangko Sentral ng Pilipinas, along with other government agencies, has established the nation’s Financial Stability Coordination Council.
Thailand’s stock exchange plans to change its rules to allow foreign companies to list in Bangkok, in a bid to become a regional trading hub challenging Singapore and Hong Kong.
The expansion plans of Malaysia-based CIMB Group and Philippines-based BPI (Bank of the Philippine Islands, rated BBB-), and their transition to Basel III, is driving them to raise capital, says Fitch Ratings.
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