Other Asia Pacific

Capital / Liquidity

IMF Approves $3b Funding Arrangement for Sri Lanka

By Editors | 20/03/2023

The Executive Board’s decision enables an immediate disbursement worth $333mn million. Sri Lanka agreed to fiscal, monetary, governance and anti-corruption reforms.

Crypto / Digital Assets

Ripple’s Rahul Advani Discusses Regulatory Landscape for Digital Assets

By Editors | 20/03/2023

Rahul Advani, Policy Director for APAC at Ripple, discusses the regulatory landscape for digital assets and the potential for a globally harmonised framework.

ESG / Sustainability

Mongolia’s Largest Bank Issues Country’s First Green Bond

By Editors | 19/03/2023

The green bond will support Mongolia’s goal of increasing green lending from the current 1.4 percent to 10 percent of all banking sector lending by 2030.

ESG / Sustainability

Bangladesh, UK Signs Pact to Tackle Climate Change

By Sanday Chongo Kabange | 18/03/2023

Bangladesh and the UK stressed the need to work to increase access to climate finance by climatically vulnerable countries and secure greater funding for adaptation.

Capital / Liquidity

Sri Lanka Likely to Secure IMF Funding Next Week

By Duruthu E Chandrasekera | 15/03/2023

The IMF’s Kristalina Georgieva has welcomed “decisive policy actions” by Sri Lankan authorities and the financial assurances obtained from major creditors.

ESG / Sustainability

PNGX Proposes New Corporate Governance Code for Listed Firms

By Sanday Chongo Kabange | 10/03/2023

The Code covers disclosures on policies for achieving gender equality and managing and reporting on environmental and social impacts.

AML / KYC

Pakistan to Launch Blockchain-based KYC Platform for Banks

By Sanday Chongo Kabange | 04/03/2023

Participating banks will be able to perform assessments of their customers using information available at any other bank using the new platform.

Malaysia, Cambodia to Cooperate on Capital Markets Development

By Editors | 28/02/2023

The securities regulators of Malaysia and Cambodia have signed an MoU agreeing to bolster cooperation and capacity building.

ESG / Sustainability

Companies Making Slow Progress on Climate Transition Plans: CDP

By Mark Johnston | 17/02/2023

Japanese companies performed best, with 16 organisations disclosing to all key indicators that denote a “credible” climate transition plan.