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Fitch Ratings: Bussan Auto Finances’ IDR 500 Billion Sukuk Assigned ‘AAA (idn)’

Fitch Ratings: Bussan Auto Finances’ IDR 500 Billion Sukuk Assigned ‘AAA (idn)’

Fitch Ratings (Fitch) has assigned a National Long-Term Rating of ‘AAA(idn)’ to Bussan Auto Finance’s (BAF) Suku...

IM Insights | August 06, 2020

Fitch: KIB Sukuk Limited’s USD 2 Billion Trust Certificate Assigned 'A+(EXP)'/'F1(EXP)' Rating

Fitch: KIB Sukuk Limited’s USD 2 Billion Trust Certificate Assigned 'A+(EXP)'/'F1(EXP)' Rating

Fitch Ratings (Fitch) has assigned 'A+(EXP)'/'F1(EXP)' ratings to Kuwait International Bank’s (KIB) trust certi...

IM Insights | August 06, 2020

Turkey Records V-Shaped Recovery in the First Half of 2020: Istanbul Chamber of Commerce

Turkey Records V-Shaped Recovery in the First Half of 2020: Istanbul Chamber of Commerce

The Istanbul Chamber of Commerce (Chamber) revealed that soft loans and consumer demand have resulted in a V-shaped recovery for the Turkish economy during the first half of 2020. The “Pandamete...

IM Insights | August 06, 2020

Malaysia Urges Borrowers Seeking Moratorium Extensions to Apply without Delay: Ministry of Finance

Malaysia Urges Borrowers Seeking Moratorium Extensions to Apply without Delay: Ministry of Finance

Speaking to local media on the 5th of August 2020, Malaysia’s Finance Deputy Minister, Mohamed Shahar Abdullah, advised individual borrowers saddled with unpaid instalments d...

IM Insights | August 06, 2020

Egypt’s Ministry of Finance to fully Integrate All Electronic Systems by July 2021: Finance Minister

Egypt’s Ministry of Finance to fully Integrate All Electronic Systems by July 2021: Finance Minister

Mohamed Maait, Egypt’s Minister of Finance has confirmed that the Ministry of Finance (MoF) is on target with regards to the complete integration of all its electronic systems, ai...

IM Insights | August 06, 2020

Indonesia’s 2Q 2020 GDP Recorded as the Worst in over Two Decades

Indonesia’s 2Q 2020 GDP Recorded as the Worst in over Two Decades

Statistics Indonesia (BPS) reported  Indonesia’s second quarter 2020 (2Q 2020) gross domestic product (GDP) contraction at 5.32% year-over-year (YoY), sharper than the Government of In...

IM Insights | August 06, 2020

Bangladesh Export Earnings Reach All-time High in July 2020

Bangladesh Export Earnings Reach All-time High in July 2020

Data from the Export Promotion Bureau showed Bangladesh having recorded USD 3.91 billion in exports for July 2020, up 0.59% from USD 3.88 billion in July 2019. This growth was led by an increased ship...

IM Insights | August 05, 2020