Sector: Regulatory & Government

Manila banks again told to pull in interest rates

(Philippines) – The Philippine government has reportedly ordered two state owned banks to reduce their lending rates to a minimum...

(Taiwan) – The Hongkong and Shanghai Banking Corp Ltd, a unit of HSBC Holdings, is paying around US$2 million for...

(Indonesia) – Indonesia is reportedly looking to give “special treatment” for strategic sectors including textiles, electronics and pulp and paper...

(Hong Kong) – HSBC Holdings has become the first foreign commercial bank to take a direct stake in a mainland...