Shares in China’s biggest property developer surged almost 20 percent last week after the company reached an agreement with key investors that helps it avoid a cash crunch that some fear could hit the global financial system.
Financial globalisation has brought both potential benefits and risks that cannot be ignored for the development of Chinese financial institutions.
The financial leasing sector reported strong growth in 2019, but it has now been affected severely by the outbreak of Coronavirus with some financial leasing service providers suffering up to an 80 percent drop in custom.
NBC requests financial institutions to reduce credit-related fees.
Lack of financial literacy damaging agriculture
Canadia Bank is optimistic about the incentive package it is offering to companies.
Cambodia is on the grey list of the Financial Action Task Force.
A faulty diagnosis leads to the wrong remedy. The Trump administration is trying to bring back US jobs by making imports more expensive through tariffs. But protectionism cannot compensate for the effects of automation.
Hong Kong’s reputation as a stable financial hub is shaken.
The market for personal transfers is sizeable.
The gov’t to establish a committee to ensure the stability of the financial system.
Trade tensions pose a risk for the global economy: financial policymakers.
Wing (Cambodia) Limited Specialised Bank signs an agreement to allow users access to accounting platform Banhji.
A US federal judge denied Trump’s efforts to quash a subpoena from Democratic lawmakers to release years of financial documents dating from before his time in the White House.
Outstanding loans expand by 9.3 percent compared to the last quarter of 2018, reaching over $6 billion.
China plans to unveil a slew of new measures to further open up its financial markets.
All impoverished pregnant women will recieve $190.
The Economic Museum was officially launched to showcase information about the evolution of the financial and banking systems.
Private sector financial institutions have urged the government to rein in some banks and microfinance institutions which are still promoting the US dollar instead of riel in rural areas while the majority are pushing for more use of the national currency in the Kingdom.
Over 275 financial firms are moving a combined $1.2 trillion in assets from Britain.
Pi Pay yesterday inked yet another partnership with a financial institution to expand the reach of its digital payment services in the Kingdom.
PRASAC, a leading financial institution in Cambodia, becomes the newest member of the SME Finance Forum.
China has met its target for reducing debt levels, the banking regulator says.
Venezuela’s most successful financial operations have not taken place on Wall Street.
RHB Banking Group, Malaysia’s fifth-largest bank, appointed a new Chief Executive Officer to lead its business in Cambodia’s crowded financial sector.
Despite experiencing rapid growth in the last few years, financial technology services in the Kingdom are still underdeveloped and underused, insiders said last week during the annual conference of the National Bank of Cambodia.
Nissan’s co-chair says Mr Ghosn may have had questionable ethical standards.
Sathapana Bank customers can now enjoy debit and credit cards issued by Visa, the world’s leading financial and payment cards company.
Despite uncertainty caused by the July general elections, 2018 was an excellent year in terms of business performance for a number of key players in the local financial sector.
Beyond the infrastructure and financial aid Japan has been providing the kingdom, many talented Khmer students have also benefited from the close friendship between the two historic nations.