Asia Financial Services

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Emerging markets were at the forefront of last year’s massive growth in global cryptocurrency adoption. With this growth widely tipped to continue into 2022, a range of countries will see their crypto markets mature or expand.

Patrick Cooke, Oxford Business Group’s Managing Editor for the Middle East and Asia, talks with Jade Currie, Oxford Business Group’s Regional Editor for Asia, about standout opportunities to expand trade and investment relations between the Gulf and South-east Asia in the wake of the pandemic.

What measures has SET taken to support listed companies’ compliance with ESG standards?

Indonesia’s economy experienced a milder slowdown in 2020 than its ASEAN-5 neighbours, according the IMF’s April 2021 World Economic Outlook, and also fared better than 16 other G20 members.

The coronavirus pandemic gave rise to a massive acceleration in the spread of digital payments and cryptocurrency. This in turn has prompted central banks around the world to trial central bank digital currencies, a digital form of hard currency that is based on blockchain, but backed and issued by a central bank.

As companies look to shift towards more environmentally sustainable modes of operation, transition bonds are increasingly being seen as a key financial tool for those operating in fossil fuel or heavy-polluting sectors.

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