News

Singapore fintech talents record 2nd highest turnover rate globally: study

Beyond attractive compensation, fintechs should also emphasise wellbeing, flexiwork.
7 hours ago

Singapore fintech talents record 2nd highest turnover rate globally: study

Beyond attractive compensation, fintechs should also emphasise wellbeing, flexiwork.
7 hours ago

Mastercard forms Greater China Division

Greater China Division President Dennis Chang will serve as its head.
9 hours ago

Citi Global Wealth appoints new COO

Valderrabano worked with Coca-Cola prior to joining Citi.
9 hours ago

Malaysia’s new digital banks fated to remain niche in medium term

Regulatory limits and competition make it unlikely to break into the mainstream until 2026.
1 day ago

Thailand bank loans up 6.9% in Q1

Corporate loans continue to grow whilst consumer loans slowed amidst the Omicron outbreak.
1 day ago

DBS to launch 5 partnerships to enhance SMEs’ digital supply chain capabilities

SMEs from Singapore, Hong Kong, China, Indonesia, and India will benefit.
2 days ago

HDBank signs MOU with IFC to build supply chain finance portfolio

HDBank hopes to build a supply chain finance portfolio of $1b over the next three years.
2 days ago

South Korean banks’ household lending rise in April

Corporate lending rose to its second-highest monthly figure ever.
3 days ago

UOB signs MOU with Korean Housing Finance Corp

UOB will support KHFC’s bid to expand in Southeast Asia.
6 days ago

Southeast Asia’s $290b Islamic bank market poised for growth: S&P

 In Malaysia, Islamic banks may account as much as 45% of the commercial loan book.
6 days ago

Malaysia’s Public Bank raises lending rate by 0.25%

The new base rate will be 2.25%, and base lending rate at 5.72%   Public Bank is increasing its Base Rate (BR), Base Lending Rate (BLR) / Base Financing Rate (BFR) by 0.25%, effective 13 May.   The bank’s new BR will be at 2.52% from 2.27%, whilst the BLR/BFR will be at 5.72% from 5.47%.   The bank’s fixed deposit rates will also be increased by 0.25% across all tenures.   The move came following Bank Negara Malaysia’s Overnight Policy Rate (OPR) hike by 25 basis points from 1.75% to 2.00% on 11 May. 
6 days ago

Citi Hong Kong launches program for women seeking work after career break

Successful candidates will be placed in a range of roles based on experience and skill set.

 Barclays appoints Hossein Zaimi as head of markets APAC

He spent 17 years in HSBC prior to joining Barclays.

ABF partners with TIBCO in roundtable talks on use of agile data fabrics for FSIs

TIBCO will discuss how to build agile data fabrics to improve growth and competitiveness.

Payments platform YouTrip unveils YouBiz offering zero FX fees and unli cashback

YouBiz is also launching a credit facility offering flexible financing to SMEs.

Less payment delays, longer overdue payments in China

9 in 13 sectors reported an increase in payment delays.