Ongoing financial reforms in Myanmar strengthen oversight of financial sector

In Myanmar

Report: How the pandemic is reshaping ASEAN construction demands

Construction – and infrastructure development in particular – is expected to be a key driver of economic growth across ASEAN from 2021. The bloc, home to some of the world’s fastest-growing economies and lowest unemployment rates, faced the novel coronavirus after years of health care infrastructure improvements, with much of the group reporting Covid-19 case-fatality rates below the global mean in 2020.

In Financial Services

Sector strength: Mustafa Al Khalfawi, CEO, Ajman Bank, on strategies to mitigate risk and how sustainable initiatives are gaining traction

Interview: Mustafa Al Khalfawi What factors drive growth in the banking industry? MUSTAFA AL KHALFAWI: Ajman’s banking sector is experiencing robust expansion, supported by a dynamic financial ecosystem and increasing economic opportunities. The industry’s profitability is driven by the adoption of Islamic banking, which is gaining momentum due to its ethical and sharia-compliant principles. Corporate clients, for example, benefit from ethical financing solutions that emphasise transp…