Pakistan: A quiet sort of military might

Pakistan: A quiet sort of military might

By ERIC ELLIS

It is perhaps no surprise that in a supposedly democratic nation that has been ruled by generals for 33 of its 71 years of independence, the military has an outsized role in Pakistan’s economy.

Macau turns to a hub

Macau turns to a hub

Instead of ignoring its colonial past, Macau is using it as a unique selling point for its renminbi clearing services by targeting Portuguese-speaking markets.

China: Foreign banks breathe easier

China: Foreign banks breathe easier

Life for foreign banks in China should be easier now that the China Banking Regulatory Commission (CBRC) has made important changes to the rules governing their activities that should create a more level playing field.

Islamic banking takes off in Sri Lanka

Islamic banking takes off in Sri Lanka

By ELLIOT WILSON

Few outside Sri Lanka would equate the island with Islamic banking, but the sector is growing fast and pulling in hitherto unbanked customers.

PBoC shines in regulatory shake-up

PBoC shines in regulatory shake-up

China is bringing its banking and insurance watchdogs under one roof, and experts say the People’s Bank of China (PBoC) is the real winner, with an even broader mandate.