Southeast Asia
Macau Pass to provide acquiring services to SEA e-wallets
The Macau e-wallet can now accept GCash, Touch 'n Go e-Wallet and True Money.
Macau Pass to provide acquiring services to SEA e-wallets
The Macau e-wallet can now accept GCash, Touch 'n Go e-Wallet and True Money.
Fuelling the future of finance with data streams
Traditional institutions need to utilise constant, real-time data flow that generates insights on the fly.
Zubin Rada Krishnan joins BigPay as group CEO
The company plans to launch in Thailand, Indonesia, and the Philippines within the year.
Digital finance platform Funding Societies has disbursed $3b of funding to SMEs
The company offers lending, payments, and collections services.
ADB and GEAPP commit $35m towards clean energy
The partnership targets to have clean energy access and transitions within South and Southeast Asia.
DBS officially launches Dhaka representative office
This is DBS’ 19th market globally.
Southeast Asian banks’ well-placed to ride fintech’s digital disruption: Moody’s
Supportive regulation, digital investments, and fintechs slowing growth will play to banks’ favor.
Thailand’s KBank eyes to be amongst Vietnam, Indonesia’s top banks
The bank aims to increase its international business income to 4% of its total net income.
Deutsche Bank names Johanes Oeni as SEA head of international private bank
Prior to his new role, Oeni led the WM business of Credit Suisse in Indonesia and Malaysia.
High inflation, interest rates may increase Southeast Asian banks’ loan problems
Both asset quality and profits will weaken but should be manageable, says Moody’s.
Role of the financial sector towards achieving sustainable development goals in Bangladesh
Bangladesh, a country with a high population density, has achieved this accomplishment thanks to the political leadership's passion and commitment to the MDGs, especially at the highest levels of the current Government. The Honorable Prime Minister of Bangladesh has received particular recognition from foreign organizations by being given awards for achieving certain MDG milestones.
Economic growth to cushion rising risks faced by ASEAN banks
Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.
How are superapps changing the digital banking landscape?
In the future, a one-stop-shop may just be the way to go for bank customers.
HSBC names Sharnika Silva as SEA head of trust and fiduciary services
She has worked with HSBC Trustee for 15 years.
Economic crises can be avoided by using the Islamic financing paradigm
Financial system based on shariah, or Islamic law, is a better strategy than traditional finance in light of the recent difficulties in the global economy. The area of the global financial system with the quickest growth has been Islamic finance. Because of the high level of innovation that has kept up with the changing demands for financial products and services as economics continues to change and expand, this growth has also been in quality and depth. The increased availability of profit-loss sharing savings, investing, and other structured finance-based instruments is significant.
How Banks Can Accelerate Financial Inclusion in Southeast Asia
Thanks to the pandemic, the uncertainty of the world economy has been especially devastating for those living on the poverty threshold and struggling to make ends meet. Many in this demographic lost much-needed jobs as the economy shrunk, while others hustled on the side, for example, as food sellers, to continue to put bread on the table.
Boom or bust? Buy now pay later flourishes but with default risks rising
Rising rates and tightening policies hurt borrowers’ repayment capacities and push up operating costs.
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CIMB Niaga leads the way in captivating Indonesia’s youth
![CIMB Niaga leads the way in captivating Indonesia’s youth]()
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
The bank’s digital solutions are winning over younger generations with 3.
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