Frances Gagua
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
Closing date has been extended to 12 July.
Citi Commercial Bank targets mid-sized corporates in Japan
This follows CCB’s expansion in France and Ireland in 2023.
HSBC unveils new face for trade services with Global Trade Solutions
The bank outlined plans to give a safer, smoother digital trade experience.
Alipay+ and GHL enable cross-border payments in the Philippines
Mobile wallets include AlipayHK, KakaoPay, Touch ‘n Go, and Alipay.
Visa launches Subscription Manager service
It enables cardholders to view and stop recurring payments as needed.
Three Indian banks’ profitability to improve
However, their rising share of risky loans will weigh on asset quality.
JCB and Mandai Wildlife Group offer 50% discount to cardholders
The ticket covers three parks, including Singapore Zoo.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
Maybank SG offers boost to charities with special rates, network opportunities
Charities in the city may also avail of an interest-free grant of up to SG$150,000 (US$111,000)
ICBC Asia warns against phishing SMS message
The bank said that it has reported the case to the local police.
Singapore expands scope of guidelines on fair dealing
It now covers all financial institutions and all the products and services offered.
Maybank sets new crude palm oil, power emissions targets by 2030
In 2023, CPO production and power emissions are well below reference scenarios.
Bank of Singapore forms CIO advisory council with Goldman Sachs, BlackRock execs
The 8 members have reportedly weathered the 2008 GFC and the 2020 pandemic downturn.
India’s commercial banks’ non-performing assets shrank in 2023
Credit costs have declined, with public sector banks holding “substantial buffers”.
Siam Commercial Bank shares crisis lessons from pandemic
The bank’s early investment in tech helped it grow its digital customer base to 17 million.
Philippines’ Remolona warns of oil prices, interest rates as financial stability risks
The financial stability council also warned of geopolitical risks.
Six Indian banks’ outlooks revised to positive as economy strengthens
Infrastructure spending will pave the way for robust economic growth, says S&P.
Commentary
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