Asia and the Pacific

Asia and the Pacific

PIA Weighs Rs20bln Sukuk to Overcome Liquidity Crisis

Loss-making Pakistan International Airlines (PIA) is expected to raise up to Rs20 billion through sukuk with BankIslami to act as the financial adviser and...

Sustainable Bond Investment Gains Traction

Unlike most other investments which have been impacted by the tough economic conditions, sustainable bond investment seems to be going against the tide. Global issuance...

Overseas Green Bond Issuance by Bank of China Reaches 8.3 bln...

The total value of green bonds issued by overseas branches of the Bank of China, one of the country's big four state-owned lenders, has...

Green Recovery to Boost Environment-Based Economic Transformation

Green recovery will bolster environment-based global economic transformation, particularly during the COVID-19 pandemic, according to Finance Minister Sri Mulyani Indrawati. "Indonesia will stay committed to...

Shariah Compliance Expert Says Cryptocurrencies are Legit Commodities

Cryptocurrency adoption and investments remain low in Muslim countries as people are still unsure of its compliance with Islamic law. At the SCxSC Fintech Conference...

EFG Bank Develops Blockchain Platform with Singapore Fintech

Swiss private bank EFG is co-developing a blockchain platform with Hashtacs, in a project funded by the Monetary Authority of Singapore. Known as “Project Nathan”,...