Latest News for: Monetary authority


Email Alert – Phishing emails related to Mega International Commercial Bank Co., Ltd. (Hong Kong Monetary Authority)

Public Technologies 05 Dec 2022
Press Releases ... The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Mega International Commercial Bank Co., Ltd ... Hong Kong Monetary Authority ... Disclaimer. Hong Kong Monetary Authority published this content on 05 December 2022 and is solely responsible for the information contained therein.

Macao's broad money supply rebounds in October 05 Dec 2022
dollars) in October, the special administrative region's (SAR) monetary watchdog said on Monday. According to statistics released by the Monetary Authority of Macao, currency in circulation and demand deposits dropped 0.6 percent and 1.7 percent, respectively ... On the other hand, quasi-monetary liabilities increased 0.4 percent.

US likely to enter recessionary conditions in 2023: Macquarie

Live Mint 05 Dec 2022
... to accelerate in 2023As the harsh COVID lockdowns took a toll on the Chinese economy, the dragon is expected to miss its growth target of 5.5% this year for the first time since 2015. Macquarie expects the Chinese authorities to ease its monetary policy, going ahead.

DTT announces three more candidates

Kuensel 05 Dec 2022
Dechen Dolkar ... Before joining ECB, he taught Bio-Chemistry at Nganglam High School and Samtse Higher Secondary School ... Deo Raj Ghalley, 47, resigned from Royal Monetary Authority (RMA), this year after working there for 20 years. He was the chief research officer for the Macroeconomic Research and Statistics department of the authority ... .

‘Release OBC post-matric scholarships’

The Times of India 05 Dec 2022
... by the authorities to date. Students are facing a tough time as they have been deprived of the monetary aid meant for their studies,” said.

Chinese mainland, Macao renew currency swap deal

Xinhua 05 Dec 2022
BEIJING, Dec. 5 (Xinhua) -- China's central bank said Monday that it had renewed a currency swap deal with the monetary authority of the Macao Special Administrative Region ... ■ ... .

BI insists that ‘digital rupiah’ will not cut out banks, fi ntech

The Jakarta Post 05 Dec 2022
... will not disrupt existing banking and digital payment systems, as it seeks to elbow out cryptocurrencies and pave the way for cooperation with other monetary authorities.

GMA defends bid for wealth fund, says President responsible for it

Manila Standard 05 Dec 2022
BSP Monetary ...Instead of putting in more capital to the BSP, the SWF bill deprives it of quicker capitalization and in the process, undermines the BSP’s independence and its ability to discharge its role as the country’s central monetary authority and systemic risk regulator.”.

Improbable bets on break of Hong Kong dollar peg adding up

FX Empire 05 Dec 2022
By Tom Westbrook and Georgina Lee ... dollar are numbered ... Status quo ... The Hong Kong Monetary Authority (HKMA) maintains the peg by moving interest rates in lockstep with the United States, and by currency intervention, which drains cash from the system and is designed to drive local rates up until inflows stabilise the currency ... Advertisement ... Sign Up.

Economist sees peso gaining more strength vs dollar

Manila Standard 04 Dec 2022
The peso on Friday posted a nearly four-month high of 55.74 against the greenback, its strongest level since it settled at 55.61 on Aug. 12, 2022 ... Ricafort said the policy actions of local monetary authorities would “help support and stabilize the peso exchange rate and also help ease overall inflation.” ... The Monetary Board of the BSP raised on Nov ... .

PIDS warns of severe forex fluctuations

The Manila Times 03 Dec 2022
Citing previous paper, authors PIDS senior research fellow Margarita ... As severe exchange rate fluctuations are avoided, the authors said the appropriate response must depend on the nature of the exchange rate shock, as well as its impact on the monetary and financial sectors.

KUWTT: Missing sabungeros' case solution rushed | Dec. 3, 2022

The Manila Times 03 Dec 2022
JUSTICE Secretary Jesus Crispin Remulla urged law enforcement authorities to ... Over to business, monetary authorities will continue tightening policy with a reversal likely in the fourth quarter of next year, Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla said on Friday.

How neobank adoption can be increased among small businesses

Financial Express 03 Dec 2022
Credit and finance for MSMEs ... The question is, what are the actionables for greater adoption of neobanks by SMBs?. Follow Us. By Rahul Raj. Credit and finance for MSMEs ... The Monetary Authority of Singapore (MAS), Hong Kong Monetary Authority (HKMA) are some regulators that have enabled neobanks in the past ... Views expressed are the author’s own ... .

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Angolan billionaire businesswoman Isabel dos Santos
Creative Commons / Nuno Coimbra
Russian President Vladimir Putin, third right, listens to Deputy Prime Minister Marat Khusnullin, left, as he visits the Crimean Bridge connecting Russian mainland and Crimean peninsula over the Kerch Strait, which was damaged by a truck bomb attack in October, after restoration works, not far from Kerch, Crimea, Monday, Dec. 5, 2022.
AP / Mikhail Metzel, Sputnik, Kremlin Pool Photo via AP