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HSBC floats plan to phase out coal financing by 2040: report
HSBC floats plan to phase out coal financing by 2040: report
The bank caved to investor pressure that called for the reduction of loans, underwriting services to fossil fuel companies.
'Buy now, pay later' flourishes in APAC as credit demand booms
Unlike credit cards or loans, there are no fees in BNPL if payments are made on time.
ADB grants $400m loan to Philippines for vaccine procurement
The AIIB will co-finance another $300m for a total of $700m to buy 110 million doses.
South Korea's department stores saw cosmetic sales growth
Restrictions on use of cosmetic samples were lifted on 15 February.
Coupang to debut in New York Stock Exchange
It is hoping to price its offering at $27-$30 per share to raise up to $3.6b.
India-based Flipkart expands online grocery operations
This will help the company compete with other big grocers, IGD said.
Australia's grocers urged to invest in online segment fast
Many grocers who did not take the plunge before the pandemic lost market share.
South Korea invests $267m in digital retail growth
This aims to help local online retailers to adopt technologies such as drones.
Weekly News Wrap: Alibaba's Jack Ma loses title of China's richest man; Walmart-owned FlipKart eyes US listing
And Coupang’s IPO is set to be the largest listing by a Korean firm in a decade.
HKB Technology Excellence Awards 2021 opens doors for nominations
The deadline for nominations is on 25 June 2021.
The search is on for HKB International Business Awards 2021
Deadline for nominations is on 25 June 2021.
Fidelity International launches returner programme in APAC
Returners will get a professionally paid placement of six months.
Jollibee opens ninth store in Toronto
The Centerpoint Mall location also brings Jollibee's Canada footprint to 17 stores in total.
Philippine banks' credit weakness to persist throughout 2021
Non-performing assets ratio is expected to rise to 5.5%-6% by the end of the year.
Social Media Wrap Up: Pizza Hut's Singapore's Souper value sets; A&W's latest tropical burgers; McDonald's Singapore's McGriddles return
Find out what QSRs have been up to on social media this week.
Grill'd, streaming service BINGE, team up for lamb brain burger
The companies celebrated the return of The Walking Dead’s tenth season.
Two digital banks in every APAC market to challenge incumbents: study
Need for new capabilities to push bank-fintech collaborations in the region.
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. UOB reports flat net profit growth in Q1 despite record fee income 3. J.P. Morgan unveils automated cross-currency payment collection and settling service 4. Sea rebrands digital finance business SeaMoney to Monee 5. Barclays integrates Ant Int’l model to FX hedging platformResource Center
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Productive sectors need more capital to stimulate the slowing economy.
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The Asian connection: China's path to sustainable growth