JAKARTA: Indonesia is rolling out a slew of stimulus measures to get its people to spend more in the next two months, but these may not be enough to revive sluggish domestic consumption and lift economic growth, analysts say. Instead, broader moves are needed to help the country’s dwindling middle class and protect businesses from
When building a long-term portfolio in Canada, few names offer the same combination of strength, consistency, and income as the Bank of Montreal (TSX:BMO). Known on the TSX as BMO, this banking powerhouse has stood the test of time, weathering everything from financial crises to pandemics. That kind of stability is exactly what many investors
Getty The Baltimore Ravens are “banking on” a second-year starter becoming one of the NFL’s best. The Baltimore Ravens boast one of the more loaded rosters in the NFL headed into the 2025 season, but there are still questions about the secondary, questions like will a promising second-year starter join the ranks of the league’s
Vietnam is making biometric verification integral to corporate banking. From July 1 corporate bank customers will only be allowed to withdraw funds or conduct electronic payment transactions if their legal representatives have completed biometric and ID document verification. Many banks have begun notifying business customers to verify required information to avoid service disruptions, Vietnam Net
ALLEN PARK — The Detroit Lions know who they have at the top of their safety rotation. They also know they have it better than most, with Brian Branch and Kerby Joseph anchoring their defense. But after those two big names? They are banking on a ferocious race to the finish line to determine those
The Consumer Financial Protection Bureau signaled that its embattled consumer financial data rights rule may soon be nullified, according to a legal filing submitted just before Memorial Day weekend. In a filing Friday in the Eastern District of Kentucky, CFPB Chief Legal Officer Mark Paoletta said the bureau leadership aims to table the rule after
Global wealth is on the rise, with the number of high net worth individuals (HNWIs) growing by 4.4% in 2024 to reach 2,341,378. According to The Wealth Report 2025 by Douglas Elliman and Knight Frank, this figure is projected to further increase by 28.1% by 2028. At the same time, the greatest wealth transfer in
Chartered Institute of Bankers, Ghana, through this NBEC initiative, is taking a pivotal step towards embedding a robust ethical culture within the Ghanaian banking landscape. This is not just a quiz competition; it is an investment in Ghana’s economic future. On Thursday, May 29, 2025, at the CIB Ghana Auditorium in Accra, a groundbreaking initiative,
[SINGAPORE] OCBC announced on Tuesday (May 27) key leadership changes to its global wholesale banking franchise, to take effect on Oct 1. Elaine Heng, now OCBC’s group chief strategy and transformation officer, will succeed Linus Goh, the current head of global commercial banking who retires on Sep 30. Tan Yuen Siang, currently OCBC’s head of
India’s foreign investment norms cap voting rights for investors in banks at 26 per cent and investments by financial institutions in Indian banks at 15 per cent, which has deterred such stake sales, it said Published Date – 27 May 2025, 03:27 PM New Delhi: Fitch Ratings on Tuesday said Sumitomo Mitsui