Occupying a strategic position at the crossroads of India, China and Thailand, and now in its seventh year of sweeping economic liberalisation and political transition, Myanmar remains one of the fastest-growing economies in South-east Asia.
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Although Bahrain has faced economic headwinds in recent years, the modest recovery of oil prices in 2017 bodes well for the future in addition to the non-oil sector driving growth, with activities unrelated to hydrocarbons extraction forecast to expand by 3.9% in 2018.
Economic update | Myanmar holds interest rates steady, suggests other reforms to boost credit access
26 Mar 2018
Despite easing inflation, Myanmar is likely to maintain interest rates at the current level throughout much of 2018; however, the central bank has suggested other measures to ease lending constraints and stimulate the banking sector.
Articles & Analysis | Bahrain supports the growth of Islamic insurance companies from The Report: Bahrain 2018
Bahrain’s sharia-compliant insurance industry has developed rapidly in the years following the turn of the century. According to a report by multinational professional services firm EY, in 2001 takaful (Islamic insurance) accounted for 3% of the sector’s gross written premium (GWP), but by 2016 it had expanded to capture nearly a...
Articles & Analysis | Bahrain takes a centralised approached to sharia regulation in Islamic financial services from The Report: Bahrain 2018
In 2017 Bahrain took an important step towards a more centralised approach to sharia supervision. The issue has been on the domestic agenda for some years, and speaks to the broader conversation taking place in the global Islamic financial services (IFS) sector as to how the industry should be governed.
Interviews & Viewpoints | Hassan Jarrar, CEO, Bahrain Islamic Bank: Interview from The Report: Bahrain 2018
How will the issuance of new regulations that require Islamic banks in Bahrain to undergo external audit challenge the market?