Total loans and deposits logged single digit increases during the quarter. Bangkok Bank reported a net profit of THB12.62b (US$380.29m) for Q1 2025, 19.9% year-on-year (YoY) higher from the same quarter in 2024, according to a press release on its...
Total corporate funding in the solar sector reached $4.8 billion across 39 deals in Q1 2025—a 41% decline year-over-year (YoY) compared to $8.2 billion raised through 42 deals in Q1 2024. However, funding was up 20% quarter-over-quarter (QoQ) from...
The UAE had recorded total foreign trade of AED5.23 trillion ($1.424 trillion) in 2024, thus posting a 49% increase from AED3.5 trillion ($949 billion) in 2021, according to the World Trade Organisation’s “World Trade Outlook and Statistics” report. This robust...
Countries have agreed a global deal to tackle shipping emissions, after nearly ten years of negotiations. The agreement covers the vast majority of the world's commercial shipping and means that starting in 2028, ship owners will have to use increasingly...
Strong banking and sukuk industry performance led to 10.6% growth for the global Islamic finance industry in 2024, with total sukuk outstanding surpassing $1 trillion for the first time, according to S&P Global Ratings. In 2025, amid increased uncertainty, we...
Vietnam plans to significantly boost its power generation by 2030 through a revised national power plan, emphasizing renewable energy and the reintroduction of nuclear power. The initiative, requiring a $136.3 billion investment, represents over a quarter of Vietnam’s 2024...
The outlook for global trade has deteriorated sharply due to a surge in tariffs and trade policy uncertainty (TPU), says World Trade Organization's (WTO) Global Trade Outlook report. Based on measures in place as of April 14, including the suspension...
Banks have warned that prolonged US tariffs are likely to damage the economy, but say disruptions to supply chains may provide a short-term boost to trade finance. US President Donald Trump’s 145% tariffs on Chinese imports as well as...
Swift has launched a case management service for investigating payment defaults that it claims could save its member banks millions of dollars in operational costs and significantly reduce the time it takes to identify and resolve issues when international...
The Japan Bank for International Cooperation has agreed to help finance the acquisition of a coal mine in Australia by JFE Steel, lending ¥34.2bn (US$240mn) to bolster the supply of coking coal for Japan’s steel industry. The deal, altogether worth...
