Economy

SMEs, crypto regulations key to Bahrain’s fintech ambitions

Stablecoins and crypto payments are areas of interest for the central bank.

UOB, SGE ink MoU to deepen gold market cooperation

UOB is the only bank providing gold products in Singapore.

Financial crimes to continue to squeeze bank profits

More sophisticated crooks and stricter rules are expected to increase compliance costs.

China's financial sector intensifies efforts to stabilise economy

The transformation of the monetary policy framework has also accelerated.

Fed rate cuts may boost ASEAN fintech funding

Interest rate cuts and emerging tech are driving fintech growth.

Digital assets create new “rails” for money movement

It complements existing banking infrastructure.

MAS aims for robust transition credit demand at COP28 through coalition

TRACTION aims to develop approaches to meet these needs and expand the credit market.

Banks gain 50% more tech capacity with productivity focus

Generative AI tools to streamline tasks can yield productivity gains of up to 30%.

Asia struggles with G20 payment targets

The ultimate goal is for cross-border payments to achieve “the speed of the internet.” 

Client demands push banks toward frictionless experiences

Compliance, client expectations, and legacy tech challenge banks' 2025 goals.

Gov’t support keeps APAC banks stable

Each market has their own problems, such as floods and weak property demand.

Why is willful default a growing threat to Bangladesh’s financial stability?

Bangladesh must implement stronger governance measures across its financial institutions.

Banks’ profitability to decline in 2025 as interest margins narrow

Commercial banks may cut personnel, and regulators may prioritize stability over staff retention in M&As.

Taiwan’s Financial Supervisory Commission names new chief sec for FEB

Wen-long Kuo was formerly the division director at the FEB.

Japan and Indonesia renew their bilateral swap agreement

The size of the BSA is up to $22.76b or its equivalent Japanese yen.