Staff Reporter

Make sure you don’t miss the 2024 Asian Banking & Finance Forum and Insurance Asia Forum in Ho Chi Minh

Learn innovative ideas that are shaping the future of the banking & finance and insurance industries, from the region’s top leaders and executives.

Bangladesh’s Dutch-Bangla Bank to face tough operating conditions in 2024: S&P

The bank should be able to maintain its satisfactory franchise, however.

APAC consumers to spend more for travel, dining out in 2024: Mastercard

Consumers are expected to allocate a larger share of their wallets to discretionary spending.

JCB contactless payments now available in the UK

In 2024, JCB plans to enable contactless payments in the remaining 80% of UK Worldpay terminals.

ZA Bank’s Global Transfer service helps save HK$4m in transfer fees

Over 90% of the international money transfers are completed within a day’s time.

Corporate bonds, liquid assets key to investment wins in 2024: Standard Chartered

The expected US recession next year will significantly impact how bonds perform.

BEA rebrands, upgrades digital services and bank branches

The bank has introduced artificial intelligence and fintech solutions to digitalise and automate operations.

BSP: cap on online payment facilities to stay

This aligns with the BSP's ongoing efforts to encourage digital financial transactions.

APAC M&A down 18.8% 11M’23

The region saw a total of 13,151 deals in the eleven months to November.

MAS: freeze remittances to China for the next three months

It is effective from 1 January 2024 to 31 March.

S.K.’s FSC Issues guidelines for fractional investments in regulatory sandbox

Authorities anticipate that this guideline will enhance business entities.

S.K.’s stock market index to release English disclosures this coming year

The mandatory English disclosures of significant information will be enforced for KOSPI-listed firms in two stages.

RCBC unveils banking services in a remote Philippine island

Inhabitants of Turtle Island will now have access to RCBC’s deposit and digital payment services.

Norinchukin Bank outlook negative amidst rising unrealized losses: Moody’s

The losses should reverse in 2024 as interest rates begin to decline, the ratings agency said.

JCB pilots central bank digital currency payment solution

The pilot aims to enable transfer of CBDC offline, and without the need to change POS terminals.