A drive to highlight the benefits of listing on the Philippines Stock Exchange (PSE) to small and medium-sized enterprises (SMEs) is gaining pace.
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Economic update | Philippines push to list SMEs
27 Nov 2015
The insurance industry in the Philippines is gearing up for a strong year, as total premium income rose by more than 40% year-on-year (y-o-y) in the second quarter.
The coming year looks set to bring further consolidation to Sri Lanka’s financial sector, with market forces expected to drive the trend, in lieu of the government-led policy of the previous administration.
Further solidifying the importance of Islamic finance in Brunei Darussalam’s developing capital market, the country’s financial regulator said in June it is preparing to issue long-term sharia-compliant bonds in the near future.
Plans to launch a stock exchange in Brunei Darussalam by 2017 will bolster its capital markets in line with plans for regional market integration as well as aid the broader drive to diversify its economy away from dependence on oil and gas.
A string of innovative financial products from Indonesian start-ups are circumventing the traditional payment and investment system, helping to broaden financial inclusion and challenging the established banks.