Frances Gagua

YouTrip launches MYR wallet and offers free weekend shuttle service

Users will have to prebook slots for the shuttle services.

Revolut rolls out five new currencies including Chinese Yuan

Users can now hold and exchange 39 different currencies directly in-app.

Philippine National Bank improves profitability on cost management

It has a very high liquidity coverage ratio of 255% as of end-2024.

Singapore banks’ dividends to weather economic and global trade woes

DBS and OCBC are expected to hold their dividends steady in 2025.

Ant International boosts SME treasury tools with World Card launch

The physical card will be launched later this year.

HSBC China unveils wealth centre in Hangzhou

The wealth centres have an average size of 1,800 sqm, and are upgraded from traditional branches.

Standard Chartered unveils sports investing fund for wealthy clients

The fund focuses on sports, media, and entertainment opportunities.

UOB widens sustainable financing access for SMEs

The bank applies a differentiated assessment model.

Chinese state banks’ enhanced policy roles increases support prospects

Banks are expected to log moderate credit growth and no increase in risk appetite.

Indonesian banks face slower loan growth if tariff war escalates

The most severe case would constrain lending and prompt capital preservation.

Airwallex doubles Singapore revenue in 2024

The payments platform grew its headcount by 58% during the year.

Australia’s Big 4 banks to see asset quality ‘moderately’ weaken in 2025

But impaired loans should peak in 2025 then decline in 2026 on falling interest rates.

Thailand’s finance sector expected to log 5% net profit rise in Q1

However, most finance companies will likely miss loan targets

China’s SOE banks to manage tariff risks and weakening trade

Manufacturing is a problem, but capital raising should help keep dividend payout ratios.

Banks should refine AI safeguards on rising complexity and exposure: McKinsey

Having just one committee to oversee all gen AI applications is not a good fit.