Money & Finance

The Central Bank of the Philippines (BSP) has cautioned the public about fake banknote designs spreading on social media. The bank identified an unauthorized Facebook account posting false currency images and has reported it to the platform, emphasizing the importance of verifying financial information online.

Industrial shares are displaying remarkable strength as the evidence of a broadening stock market rally emerges. Analysts are filled with optimism about the potential...

Moody's Investors Service predicts Malaysia, Indonesia, and Turkiye will become the largest sovereign sukuk issuers in 2023-2024. Malaysia's fiscal deficit is expected to decrease to around 5% of GDP, supporting annual sovereign sukuk issuance of US$20-22 billion.

Asian financial markets show positive momentum as U.S. economic data boosts investor confidence. The Philippine Peso and Malaysian Ringgit strengthen, reflecting robust economic performance and improved regional market outlook. Both currencies experience significant gains in early January, driven by strong economic indicators and renewed investor optimism.

Asian markets reversed early losses after the Bank of Japan and US Federal Reserve committed to stabilizing financial markets. BOJ Governor Haruhiko Kuroda pledged to monitor market developments and provide sufficient liquidity through strategic market operations and asset purchases.

Vietnam , Apr 19, 2025 Vietnam has officially launched its long-awaited digital currency pilot, positioning itself as a serious contender in Southeast Asia's race toward...

The Malaysian stock market experienced a 1% decline with the KLCI index, while the ringgit reached a three-month high at 4.4760. Foreign investors returned to buying stocks, and potential political developments could drive pro-growth measures and domestic reforms.

Indonesia's central bank reduces interest rates by 25 basis points to 4.75% to counter potential economic disruption from coronavirus outbreak. Despite no confirmed cases, officials are concerned about production shortages and reduced tourism due to China's factory closures and travel restrictions.

Bank Negara Malaysia's international reserves rose to US$111 billion as of June 15, with foreign exchange reserves at US$99.6 billion, providing robust financial coverage for imports and short-term foreign debt.

Japanese Prime Minister Shinzo Abe announced a nearly $1 trillion stimulus package totaling 108 trillion yen to protect the economy from coronavirus damage. The relief package represents 20% of GDP and is twice the size of the 2008 financial crisis package, highlighting the government's serious response to the pandemic.