News

Malaysia finance firms see AI ambitions falter as legacy systems block progress

Finance executives say technology should support decisions, not fully replace human roles

Alipay+ teams with LankaPay to push LankaQR payments

LankaQR is Sri Lanka’s national QR payment network.

Endowus partners CIP to offer renewable energy investments

CIP helps build utility scale batteries and wind farms across the APAC region.

DBS appoints sustainability leader to drive Asia’s low-carbon push

Kelvin Wong will serve as Chief Sustainability Officer, starting 11 May.

Malaysian digital banks scale via savings habits and customer segmentation

Some customers aim to save 60 ringgit a week, according to GXBank data.

Taiwan banks’ loans and NPLs up in February

The NPL ratio was the same as in January, but 0.01 ppt lower than in February 2025.

Weekly Global News Wrap: Julius Baer seeks new CFO; UniCredit mulls liquidating Russia unit

And an RBI official criticized FX market makers for aggravating the rupee’s weakness, according to a report.

HSBC to roll out HKD-denominated stablecoins in H2 2026

The HKMA granted HSBC a stablecoin issuer licence.

DBP with ‘stable’ outlook on expected healthy PH economic growth: S&P

It is “almost certain” to receive support from the government if needed.

Union Bank of the Philippines revises credit card rewards scheme

Select credit cards earn 1 point for every PHP150 spent, from 1 per PHP60 previously.

SMFG completes acquisition of US-based Air Lease Corporation

Sumitomo Corporation now holds 47.51% of voting rights.

Bank of Singapore names Vi Sun Yang as head of ASEAN private banking

She will lead the bank’s largest market and join the global management committee.

LionGlobal Singapore Trust Fund hits $1.25b AUM benchmark

OCBC contributed $600m in net inflows in March.