News
DBS CEO Piyush Gupta sells S$2.69m bank shares
DBS CEO Piyush Gupta sells S$2.69m bank shares
He still holds over 2.715 million shares in DBS.
UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips
Trading and investment income hit a record high, however.
UOB to maintain good asset quality amidst profitability dip
The bank is also expected to have a steady core capital ratio.
DBS to maintain strong solvency, robust funding: Moody’s
It is anticipated to sustain high profitability with return on assets of around 1.3%.
Olea, Standard Chartered forge alliance to empower SMEs
The alliance signals a proactive effort to support SMEs by leveraging digital innovation and financial services.
Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May
Over 7,000 cyclists are expected to participate at the OCBC Cycle 2024.
OCBC remains stable amidst strong credit fundamentals: Moody's
This will be backed by healthy credit standing.
GX Bank, Zurich Malaysia ink 10-year bancassurance partnership
They will co-create micro digital insurance products for Malaysians.
BOCHK warns against remittance phishing email
The email reportedly intends to steal customers’ data.
Hong Kong extends green and sustainable finance grant scheme for 3 years
The grant scheme will also expand to cover transition bonds and loans.
Philippine loan officer fined for violating lending regulations
The officer was an employee of the now closed Ruran Bank of Buguias (Benguet).
StanChart’s Signature CIO Funds attracts over $1b
The funds have returned over 28% since launch, the bank said.
Citi, ABD ink deal to enhance supply chain financing for SMEs in Asia
It is expected to support over $100m of additional trade across APAC.
Alipay’s labor day outbound travel transactions up 77% in 2024
East Asia and Southeast Asia were the most preferred destinations.
What fuels China's digital economy surge
Rising incomes have led to higher consumer demand for seamless shopping experiences.
Why BNPL is booming in Southeast Asia
BNPL providers in the region now focus on strategic partnerships, business model innovation, and ecosystem development.
Super apps tailor features for youth, small businesses
Customization and security drive engagement and trust.
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1. OCBC scales regional SME support with S$25b sustainable finance goal 2. ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b 3. Standard Chartered unveils first-ever Global Fusion Centre in Malaysia 4. CIMB offers up to 6-month relief for customers hit by Middle East conflict 5. Bank of Singapore names Vi Sun Yang as head of ASEAN private bankingResource Center
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