Southeast Asia

OxPay and NomuPay ink partnership for market expansion

OxPay will be able to enter new markets where NomuPay already services.
7 hours ago

OxPay and NomuPay ink partnership for market expansion

OxPay will be able to enter new markets where NomuPay already services.
7 hours ago

UOB, Keppel to offer sustainable and digital solutions to SEA businesses

The primary objective of these solutions is to assist companies in their endeavours to achieve decarbonisation.
3 days ago

HSBC names new South Asia head of wealth and personal banking

Kai Zhan g will be responsible for expanding wealth management across South Asia.

Southeast Asia's cash in circulation to rise by 11.1% by 2027

Singapore is less cash-reliant compared to other markets in the region.

Macau Pass to provide acquiring services to SEA e-wallets 

The Macau e-wallet can now accept GCash, Touch 'n Go e-Wallet and True Money.

Fuelling the future of finance with data streams

Traditional institutions need to utilise constant, real-time data flow that generates insights on the fly. 

Zubin Rada Krishnan joins BigPay as group CEO

The company plans to launch in Thailand, Indonesia, and the Philippines within the year.

Digital finance platform Funding Societies has disbursed $3b of funding to SMEs

The company offers lending, payments, and collections services.

ADB and GEAPP commit $35m towards clean energy

The partnership targets to have clean energy access and transitions within South and Southeast Asia.

Southeast Asian banks’ well-placed to ride fintech’s digital disruption: Moody’s

Supportive regulation, digital investments, and fintechs slowing growth will play to banks’ favor.

Thailand’s KBank eyes to be amongst Vietnam, Indonesia’s top banks

The bank aims to increase its international business income to 4% of its total net income.

Deutsche Bank names Johanes Oeni as SEA head of international private bank

Prior to his new role, Oeni led the WM business of Credit Suisse in Indonesia and Malaysia.

High inflation, interest rates may increase Southeast Asian banks’ loan problems

Both asset quality and profits will weaken but should be manageable, says Moody’s.

Role of the financial sector towards achieving sustainable development goals in Bangladesh

Bangladesh, a country with a high population density, has achieved this accomplishment thanks to the political leadership's passion and commitment to the MDGs, especially at the highest levels of the current Government. The Honorable Prime Minister of Bangladesh has received particular recognition from foreign organizations by being given awards for achieving certain MDG milestones.

Economic growth to cushion rising risks faced by ASEAN banks

Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.

How are superapps changing the digital banking landscape?

In the future, a one-stop-shop may just be the way to go for bank customers.