The Hong Kong Monetary Authority is Hong Kong's central banking institution. It is a government authority founded on 1 April 1993 when the Office of the Exchange Fund and the Office of the Commissioner of Banking merged. Read More
As Myanmar intends to join Russia's financial messaging system (FMS), the central banks of the two countries are negotiating, U Aung Naing Oo, Minister of investment and foreign economic relations of Myanmar, said on Saturday. ...
Due to the introduction of a low tax regime in 2019 followed by the impact of COVID-19 on the country's revenue, Sri Lanka's economic outlook continues to be in a vulnerable state as the Island nation is facing the worst economic meltdown in its hist ...
Amid Sri Lanka's economic meltdown, Prime Minister Ranil Wickremesinghe has elucidated the need to make policy decisions based on an export-oriented economy. ...
Sri Lanka President Gotabaya Rajapaksa on Wednesday announced that he is ready to abolish the executive presidency after discussing the issue with the Opposition regarding the formation of the new government. ...
Sri Lanka's economic situation will worsen if political stability is not achieved, the country's Central Bank Governor Nandalal Weerasinghe warned on Wednesday as the island nation continued to witness large-scale violence. ...
Amidst a devastating economic crisis in Afghanistan, Afghan citizens have complained of an increase in torn currency notes in the markets of Kabul, posing serious hurdles. ...