Staff Reporter

DBS to maintain strong solvency, robust funding: Moody’s

It is anticipated to sustain high profitability with return on assets of around 1.3%.

Why tech is not the focal point of banks’ digital transformations

About 70% of digital transformations fail, an industry expert warned.

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.

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.

Fubon Bank HK warns against fraudulent website

The bank has already reported the matter to the Hong Kong police.

Australia’s Macquarie well-capitalised despite lower profits

Net profit fell by 32% for the fiscal year ended 31 March.