An initiative driven by Thailand to develop closer financial integration and cooperation among Greater Mekong Sub-region (GMS) countries could bolster Bangkok’s position as a capital markets and banking centre.
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Economic update | Papua New Guinea banks on inclusion
11 Aug 2016
Access to improved communications technology and greater awareness of banking services is helping to boost financial inclusion in Papua New Guinea while providing opportunities to service providers looking to tap into a broader market.
The burgeoning purchasing power of Indonesia’s middle classes and the increasing role of alternative lenders such as multi-finance institutions are generating growth in the archipelago’s consumer finance market.
Cheaper credit and signs of long-awaited movement in Mongolia’s mining industry are fuelling hopes of a rebound in the country’s banking sector.
Brunei Darussalam made headlines in April with the announcement of several sukuk (Islamic bond) offerings ahead of the launch of a standalone stock exchange in the Sultanate.
Trading on Myanmar’s new exchange has launched, with only a single stock appearing on the board.