News
Thai banks told to use dynamic pricing
Thai banks told to use dynamic pricing
They are struggling because their pricing strategy is not transparent and too reactive.
Maybank’s net profit up 7.9% to $2.27b in FY2024
Full-year dividend is 61 sen per share.
Banks should use the right AI for the job
The proper solutions improve operations at a cost-effective price.
Thai digital banks urged to rethink playbook
They should acquire customers from the get-go with profit in mind.
Fubon Bank to benefit from UOB’s China retail banking exit: S&P
Fubon has the economies of scale to get more traction out of the business.
Airwallex expands into New Zealand
It appointed Lowry Gladwell as associate director of New Zealand.
OCBC leads regional sustainable finance rankings in 2024
As of September 2024, the bank’s sustainable finance loan commitments reached $64.7b.
Alipay enables Amex card linking to pay in China
Alipay now enables 7 international card brands to pay in China.
HK’s card payment market to grow 11% in 2025
Credit cards accounted for 77.7% of the overall card payment value in 2024.
StanChart adopts ICC principles for sustainable trade finance
The principles include a standardised approach to assess how proceeds were used.
RCBC transforms mobile phones to payment terminals for MSMEs
Merchants will be able to accept Mastercard and Visa card payments.
Singapore marks completion of transition to SORA
Over 87,000 retail loans were transitioned to the new benchmark rate.
OCBC logs 8% net profit rise to S$7.59b in FY2024 on higher wealth income
Its earnings per share is S$1.67, and total dividend is S$1.01.
StanChart's cost-cutting to weigh on 2025 profits but wealth segment strong
The bank should be able to manage real estate challenges in Hong Kong, China, SoKor, says S&P.
Taiwan proposes amendments to securities regulations
Amongst changes include a capital requirement of NT$100m for dealers.
South Korea’s corporate financing through issuances up 28.5% in January
IPO proceeds tripled, but rights offerings plunged during the month.
Indonesia, Thailand, Malaysia harmonise local currency transaction framework
Portfolio investments are now part of the eligible cross-border transactions.
Commentary
The Asian connection: China's path to sustainable growth