Asia and the Pacific

Asia and the Pacific

Malaysia’s Islamic Banking Continues to Expand Despite Pandemic, Says Fitch Ratings

Malaysia’s Islamic banking sector continued to expand amid economic challenges brought on by the Covid-19 pandemic, said Fitch Ratings. Malaysia also continued to be...

More Aussies Invest in Cryptocurrency than in Gold and Silver: Survey

A survey of more than 2000 Australian investors has found that cryptocurrency is a more popular investment than gold and silver — but it...

Pakistan State Bank Targets $1b Investment through RDA

The central bank is targeting to attract $1 billion from overseas Pakistanis through Roshan Digital Accounts (RDA) as the first milestone in a long...

Malaysia to Lead in Sukuk Issuance in 2021

Malaysia will continue to lead in sukuk issuance for the year 2021 given its scale, while higher energy prices could see lower sovereign issues...

Green Financing: The Key to Japan’s Post-COVID Recovery?

In October 2020, Japan’s ambitious pledge to achieve a carbon neutral society by 2050 garnered widespread praise after years of the nation failing to...

How China’s Green Finance Slowdown Threatens Global Climate Ambitions

Contrary to China’s grand climate ambitions, the work to bring its financial system in line is slowing down. The decentralised financial system in China...