The Monetary Board of the Central Bank of Sri Lanka (CBSL) issued directions on foreign currency borrowings by Licensed Finance Companies (LFCs) on 9th April 2021 with a view to provide flexibility for LFCs to obtain low-cost funding from foreign sources to support their business expansions. The objectives of these directions are to stabilize any […]
Singapore Digital Economy Partnership Agreement 2021
The Digital Economy Partnership Agreement (DEPA) between Singapore, Chile and New Zealand is the first digital economy partnership concluded by Singapore. The DEPA is a first of its kind agreement that establishes new approaches and collaborations in digital trade issues, promotes interoperability between different regimes and addresses the new issues brought about by digitalisation. Through […]
The UK-Japan Trade Deal: Opportunities and Challenges for Corporate Governance 2021
The UK government announced a historic free trade deal with Japan, its first post-Brexit independent trade pact, tipped to boost trade between the two countries by an estimated £15.2 billion in the short term. The deal with Asia’s largest advanced economy officially took just over three months to conclude, although negotiations have been going […]
Germany Ranked the most Innovative Country in the World – 2020
Innovation has been at the center of the global conversation especially as countries, including Germany, have been defining survival paths in these uncertain times. The COVID-19 outbreak has essentially worked as a ‘readiness checkup’ for countries on their ability to innovate in the face of changing times. An economy’s response to megatrends, such as […]
SRI: The Emerging Focus for Long-term Investing in Malaysia
After reaching record highs in January of this year, the emerging markets in Southeast Asia have witnessed a tremendous sell off amid fears of a looming trade war and a rising US interest rate environment. These factors have forced markets in the region to become highly volatile. How can investors help stabilize their strategy in […]
Global Financial Crisis – Where the Next One Might Come From
Ten years on from the collapse of Lehman Brothers and the deepening of the global financial crisis, the world seems to be a safer place. Over the past decade there have been significant shifts in the world economy to the extent that the imbalances that could lead to a global financial crisis are less. The […]
US-China Trade War – It’s Impact on China’s Economy
The US-China Trade War continues to shape the dynamic global trade market. The trade war with the U.S. couldn’t have come at a worse timing for China, which had just begun focusing in earnest on fixing problems with its economy. Many analysts have suggested that the impact of the Washington-Beijing trade skirmish will be relatively muted […]