Staff Reporter
DBS, Manulife Singapore launch insurance starter plan ProtectFirst
DBS, Manulife Singapore launch insurance starter plan ProtectFirst
Customers can choose from three plans that focus on illness, life protection, or accident coverage.
Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak
The bank has the strongest capitalization amongst regional banks in Japan.
Sumitomo Mitsui appoints Tomofumi Watanabe as new co-head of APAC structured finance
He was previously general manager of the Global Structured Finance Department Tokyo.
Hong Kong’s livi bank unveil livi Flexi Loan
Customers can access up to HK$1m in loans in as fast a 2 minutes.
Singapore standardizes template for corporate environmental risk assessment
A workgroup composed of Citi, DBS, HSBC, OCBC, StanChart, and UOB worked on the questionnaire.
Chart of the Week: Buy Now Pay Later gains traction in Australia
Afterpay remains king, whilst new players seek to carve out their own space.
Here’s how you build a successful Buy Now Pay Later platform: study
Hiring the right talent and developing a good tech stack are key to success.
Chinese banks report double-digit profit growth in 2021
But they also face a difficult 2022 due to a triple whammy of challenges.
LINE Bank marks first year in Taiwan with 1.1 million users
The digital-only bank has been popular with young people.
Lockdowns, travel bans hurl new headwinds at banks in China, HK
Banks are expected to perform well in Q1, but market risks are on the rise.
Trading risks to weigh on Singapore Big Three Banks’ Q1 earnings: Maybank
But core businesses are expected to show resilience.
Thunes takes majority stake in anti-money laundering tech firm
The global payments firm is investing $20m.
Citi unveils 12-week sabbatical leave programme for long-time employees
The programme is available to employees in Singapore, Hong Kong, and Japan initially.
Korea’s Shinhan Card vetting card numbering scheme following payment issues
There has been reports of unauthorized payments from its gift cards.
MUFG appoints June Raj as managing director for APAC Aviation
She is tasked with growing the bank’s aviation financing portfolio in Asia Pacific.
Citi appoints Angel Ng as head of APAC Global Wealth Management
She takes over from co-heads Fabio Fontainha and Steven Lo.
Return of tourism sparks further recovery of Australia's card payments market
Resumption of travel and tourism will help push card use.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loans 4. Bank of America appoints Phil Carmalt as head of APAC GPS 5. HSBC Singapore unveils wealth centre at The Star Vista mallResource Center
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