Myanmar battles to build a banking system from scratch

Myanmar battles to build a banking system from scratch

A year after the country’s new government passed a financial institutions law to modernize a creaking banking system, Yangon’s licensed commercial bankers are still waiting for regulators to implement the reforms and make the system fit for purpose.

Jin Liqun: China’s internationalist

Jin Liqun: China’s internationalist

It is a strange world when the most outward-looking financial institution is based in Beijing – welcome to Asian Infrastructure Investment Bank, led by Jin Liqun.

Sri Lanka splashes out on a luxury skyline

Sri Lanka splashes out on a luxury skyline

It’s boom time in Colombo’s property market, eight years after the end of the civil war, as soaring towers transform the colonial-era city into a would-be south Asian Dubai.

Indian banks respond to Modi's demonetization shock therapy

Indian banks respond to Modi's demonetization shock therapy

November 8, 2016, will go down in history as the day Donald Trump, a real estate mogul and reality TV host, was elected the 45th president of the United States and leader of the free world – but, in India, it marks a perhaps equally surreal event: demonetization.