Positive economic developments and insurance sector reforms are helping to boost profitability in Indonesia’s reinsurance segment, following the formation late last year of a new state-owned reinsurance company.
Asia Financial Services
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Economic update | Liberalisation to create new opportunities in Malaysia’s insurance sector
25 Sep 2017
Ongoing reforms in Malaysia’s insurance industry should increase competition and cut premiums costs for consumers, though a flatter economy has seen revenues dip as the market adjusts to a newly liberalised operating environment.
Following several years of high lending, hiked interest rates and the pursuit of Basel III compliance, credit growth in Sri Lanka could slow this year and into 2018.
Economic update | Philippines central bank bolsters finance sector against hacking, cybercrime
26 May 2017
The Philippines’ central bank has stepped up efforts to protect the banking industry from hacking and theft by approving a series of new authentication regulations, which come as part of a broader push to strengthen the sector against cybercrime.
Increased access to funding and new legislation are among the measures being rolled out by the Vietnamese government to support the country’s small and medium-sized enterprises (SMEs).