Hydrocarbon resources account for more than 90% of exports and more than 50% of gross domestic product in Brunei. But, thanks to the country's historical surpluses and government's spending discipline, it has weathered the storm of falling oil prices relatively well, with local banks remaining in profit and even eyeing growth.
Latest articles from Politics & Economics
Global oil price volatility may be weighing heavily on Malaysia’s economy, but such events are not putting the country’s banking sector off its stride. Indeed, its lenders are increasingly looking to opportunities in the Asean region and Islamic banking to diversify their balance sheets.
Born out of social innovation in the 19th century, Europe's co-operative banking model is now struggling to stay relevant in an increasingly globalised, technology-driven and heavily regulated banking market. Silvia Pavoni looks into ways the model can stay afloat.
The banking licences being granted to private companies in China look set to shake up the country's financial sector, with its 'big four' lenders coming under pressure from tech-savvy newcomers with a strong customer network, such as Alibaba and Tencent.
A combination of new political strategies at home and abroad, evolving trade routes and weak oil prices are creating a new environment for Latin America. The Banker asked a group of influential economists how the future will look for the region.
As the world’s population ages, the challenges for wealth managers, economists and governments are significant if countries are to maintain productivity and generate growth.
Progress towards the integration of the economic community of the Association of South-east Asian Nations in 2015 has been impressive, but challenges remain as member countries attempt to bring together very different values.
If universal financial inclusion is to really make a difference then it is vitally important that existing financial services are not simply made available but that new products and services are designed with the world's low-income population in mind.
Petar Chobanov spent little more than a year as Bulgaria's finance minister before the government resigned and he had to step down from his post. He describes the reforms that he started during his tenure and explains why it is important for the new government to continue this work.
Lebanon has endured a difficult few years of domestic and regional uncertainty, which have weighed heavily on its economy. But now the governor of the central bank Riad Salameh, is preparing for the prospect of renewed growth.
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