Economy
Mizuho signs MOU with Abu Dhabi Investment Office
Mizuho signs MOU with Abu Dhabi Investment Office
Mizuho plans to support clients interested in expanding into the UAE.
The Asian connection: China's path to sustainable growth
Consider the ASEAN region, a collective of ten Southeast Asian countries brimming with untapped potential.
Cambodia joins ASEAN RPC initiative to boost payment links
RPC was launched in 2022 by central banks of Singapore, Indonesia, Malaysia, and more.
Japan’s SMBC enters partnership agreement with Avispa Fukuoka
It will introduce a scholarship program and promote use of sports data utilization.
Why high capital levels are a double-edged sword for Singapore banks
The banking sector in Singapore has shown signs of expansion, with loan growth rising to approximately 5% in 2024.
Bain Capital buying 18% stake in Manappuram Finance for $508m
The deal may close in Q2 or Q3 of the 2026 financial year.
Malaysia’s central bank appoints new deputy governor for supervision and regulation
BNM also announced a new technical adviser and an assistant governor.
FSIs struggle to meet rising consumer expectations on finance
Consumers demand more personalised financial wellness solutions, pushing FSIs to enhance automation.
New Zealand’s central bank governor resigns
Christian Hawkesby will serve as acting governor until 31 March 2025.
Cambodia, Visa launch Bakong tourist app
Tourists can use the app to pay at 4.5 million merchants in Cambodia.
India names new advisory committee members for bank applications
RBI former deputy governor Shri M. K. Jain will serve as chairperson.
Global banking industry faces headwinds amidst shifting monetary, political landscapes: BOC
It is expected to see pressures on profit growth and uneven expansion.
Japan, the Philippines renew bilateral swap agreement
The size of the BSA remains unchanged: $12b for the Philippines and $500m for Japan.
Taiwan, Lithuania ink MOU for financial services innovation
They agree to exchange information on emerging market trends and relevant regulatory issues.
MUFG Bank reorganizes overseas securities subsidiaries
Three securities firms will now become direct subsidiaries of the bank.
It’s the most wonderful time of the year!
We’re taking the time off and will be back on 6 January 2024.
WeLab Bank disbursed HK$61.56m subsidies for HS Chau Foundation
The students come from 354 government and private secondary schools across the city.
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The trial, which will take effect on 1 July, is a step in the right direction.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?