How structural growth and stable funding anchor Indian and Indonesian financiers' resilience

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In: Asia, Finance, South-East Asia

India’ s domestically-driven economy and Indonesia’ h commodity-led exports should provide some strength despite a more difficult operating environment characterised by higher global inflation, rising rates of interest and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions from Fitch Ratings talks about the prospects meant for India and Indonesia’ s finance and leasing sector in the current economic environment.Continue Reading

Grappling with Bangladesh’s budget deficits

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In: Asia

Bangladesh’ h government has skilled a slight rise in budget deficits, particularly considering that 2016. However , according to the Public Money plus Budget Management Function of 2009, the federal government has been successful to keep the deficit from or below 5% of gross household product. Still, the specific budget deficit within fiscal year 2019-20 stood roughly from […]#@@#@!!Continue Reading

Indonesia making big plans for bad times in 2023

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In: Asia

JAKARTA – Indonesia may be on safe ground for now, but Finance Minister Sri Mulyani Indrawati is preparing for a worst-case scenario in 2023 by slashing line ministry spending and drawing up contingencies for a now widely-expected global recession. The impact of US Federal Reserve rate hikes, persistent inflationary pressures and a slowdown in global […]Continue Reading

SATP touts pro-farmer policies

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In: South-East Asia

Somkid Jatusripitak, chairman of the Sang Anakhot Thai Party (SATP), has vowed to push for a five-year moratorium on farmers’ debt payments, a fertiliser subsidy and an improved version of the government’s state welfare programme as part of the party’s election pledges.Continue Reading