Economy
Why high capital levels are a double-edged sword for Singapore banks
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.
Mizuho lists Saudi Arabia ETF on Tokyo Stock Exchange
The ETF invests in the Saudi Arabian equity market.
South Korea to implement KOFR in derivatives market in 2025
Target share is 10% in 2025, and 50% in 2030.
Banks to face trade tensions, tariff-linked policy shifts, and property woes in 2025
The still-high interest rates might push banks’ credit losses to increase by 7% in 2025.
Strategic purchasing dominates global consumer habits in 2024
Lower inflation drives quality-focused purchases and financial comfort.
Commentary
Buy now, worry later: The hidden cost of BNPL
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one