In Focus
Dearth of professionals limiting Islamic financing’s growth
The industry is short of 30,000 people.
India strengthening Exim Bank
Adds US$517 million to finance exports of heavy industry goods.
China banking system’s net forex purchases plunge 340%
Capital inflows suggest renminbi appreciation.
Hong Kong residents investing more in RMB products
RMB assets to rise to 32% of their portfolios.
Check out how Japanese megabanks will comply with new law
Will seek approval from shareholders this month.
M&A binge predicted for Philippine banks
Will be led by mid-sized commercial banks.
Do you know how much Singapore banks’ CEOs are paid?
The youngest CEO is the highest paid.
Philippines wants rural banks to expand operations
Over a third of towns without banking offices.
PBOC warns anew against shadow banking
Says there is a need to strengthen disclosure.
IBT to issue Thailand's first-ever sukuk
Islamic Bank of Thailand will use proceeds to hike capital.
China to introduce deposit insurance system
Will lay the basis for interest rate liberalization in banking sector.
India moves against rising restructured debt risk
Orders banks to boost reserves to 5% from 2.75%.
Islamic trade finance predicted to be the preferred choice in emerging markets
These markets include Indonesia and Malaysia.
New law allows 60% ownership in Philippine rural banks
President Benigno Simeon Aquino signs Republic Act 1057 into law.
Indonesia gets e-money payment system
Bank Indonesia will introduce e-money in June.
New rules dampen demand for WMPs
These also threaten banks’ profits, however.
Commentary
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
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge