A number of key financiers to the offshore sector have expressed a lack of optimism for the growth outlook for the industry, and believed the industry is expected to experience a downturn over the next two to three years.
Singapore may soon become the prime location for private banking in Asia-Pacific, if political tensions in Hong Kong continue to buildSingapore may soon become the prime location for private banking in Asia-Pacific, if political tensions in Hong Kong cont
Consumer optimism in India has seen a sharp turnaround and the country has been ranked first among nine nations surveyed by Credit Suisse, thanks to a stable government and easing inflationary pressures.
Exchange-Traded funds already popular among investors big and small, are set to grow dramatically by 2020, a new report has found.
The amount is almost equal to the annual budget of Bombay Municipal Corporation, which is around Rs 31,000 crore and comes close to Rs 35,000-crore plus annual budget of the national capital.
Two hundred and fifty companies in five countries - Indonesia, Thailand, Malaysia, the Philippines and Singapore - were surveyed for the report.