• Lebanese lenders remain closed amid uncertainties

    Due to continuous "risks" to personnel and clients, Lebanon's banks will stay closed indefinitely. This was revealed in a statement released by the Association of Lebanese Banks. The closure has become a necessity following a string…
  • COVID-hit Shanghai unveils US$257bn in projects

    Shanghai, widely recognized as China’s commercial capital hub, has announced eight major infrastructure projects with total investment of 1.8 trillion yuan (US$257 billion). This comes after the city was forced to impose fresh lockdown in…
  • MAS allots $1bn to Global Credit Fund Managers

    According to MAS Managing Director Ravi Menon, the Monetary Authority of Singapore is investing $1 billion with leading international credit fund managers as part of larger efforts to make the city-state a centre for full-service…
  • Fintech investment in APAC doubles

    Despite a decline in fintech agreements and overall global investment between H2 of 2021 and H1 of 2022, APAC investment rose to a record $41.8 billion in the first half of 2022 from $19.2 billion…
  • Vietnam speeds up smart city projects

    The Ho Chi Minh City (HCMC) government and the government-run Vietnam Posts and Telecommunications Group have inked an agreement (VNPT) to create a sustainable smart city, they will work together to undertake a number of…