Frances Gagua
BRI’s BRImo app now has 30.4 million users
BRI’s BRImo app now has 30.4 million users
There were only 2.9 million users in 2019, in comparison.
BDO to issue $89.2m in fixed-rate sustainability bonds
It has a tenor of 1.5% years and a coupon rate of 6.025% per annum.
Maybank Investment Bank COO Tengku Ariff Azhar Tengku Mohamad named OIC
This is until a new CEO is appointed.
Mastercard on why biometrics is the future of secure payments
Today it’s a finger tap, tomorrow you may only need your face to pay, says Mastercard’s Karthik Ramanathan.
1 in 3 Singaporeans use digital investment apps
There is a desire in the local population to increase private wealth, says UnaFinancial.
BPI doubles GCash e-loading fee
GCash loading via ECPay fee will be charged PHP10 starting March.
Malaysia’s Alliance Bank opens new branch in Saradise Kuching
The branch has launched exclusive offers to commemorate the launch.
South Korea to fine two global investment banks for naked short selling: report
The two banks made five naked short selling orders between 2022 and 2023.
Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS
Around 38,000 accounts now make use of local banks’ money lock feature.
Boost-RHB digital bank clinch official approval to commence operations
Boost Bank aims to pave the way for a new era of embedded finance
Vietnam fintech funding plummets 84% in 2023
For the second year in a row there were no late-stage funding rounds.
Expect ‘stagnant’ Chinese structure finance market in 2024: S&P
Issuance momentum of dominant segments will reportedly remain slow.
37.6 million credit cards active in Taiwan in November: FSC
The number of cash cards remained the same as in October, however.
South Korean bank’s corporate lending fell in December: central bank
The Bank of Korea blamed this on seasonal factors.
Bank lending to Korean households rose slower in December
Home mortgage lending continued to expand, but other loans contracted.
Philippine bank lending up 7% in November 2023
Loans to production activities rose thanks to a growth in real estate and energy activities.
SEA fintech investments drop 65% to $2b in 2023
Singapore made up over half of the investments, with its fintechs clinching $1.1b in total.
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1. How Danantara’s plan to acquire BRIS will impact four Indonesian banks 2. SG digital banks expand into investments and loans to boost profits 3. Singapore's banks leave more jobs unfilled as hiring slows 4. Mizuho has given out JPY40.3t in sustainable finance loans in 5 years 5. Ant International eyes stablecoin licenses in Hong Kong, Singapore: reportResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
