Frances Gagua

Citi Philippines raises Home Credit’s facility to $14.3m

This is almost double the $7.36m it approved last May.

E-Invoicing in Japan: Innovation Opportunities from a Treasurer’s Perspective

Electronic invoice (e-invoicing) is a system to digitize qualified invoices that are mandatory for the deduction of purchase tax under Japan’s qualified invoice system. This system is intended to provide an appropriate consumption tax credit for purchases in response to the multiple tax rates for a consumption tax in 2019, and is scheduled to be introduced in October 2023. 

Singapore’s fintech funding hit three-year high for an H1 period, but fizzles from H2 2021

The funding was the highest for a first-half period since 2019, but 15% lower than in H2 2021

BOC Hong Kong arranges $115.8m green-linked loan for China Overseas Land & Investment

COLI will enjoy savings in borrowing costs should it meet performance targets.

KPMG launches embedded finance hub in Singapore

It will run for 2 years and provide incubation support to institutions.

DBS Hong Kong shows off greener branch outfits

The bank is making a statement about the future not through a new product, but with its uniforms.

Deutsche Bank opens first Bangladesh office

It is their 15th market to be active in.

Citi Hong Kong names Vicky Wong as consumer business manager

She was Standard Chartered’s regional head of wealth management for Greater China, North Asia, and Hong Kong.

Public Bank teams up with Sunway Property for financing green development projects

Customers can avail of a special sustainable financing package.

APAC’s non-bank financial institutions face liquidity challenges: S&P

One NBFI failure is enough to trigger a domino effect and collapse a whole market.

CIMB Singapore raises deposit interest rate tenfold to up to 2% annually

StarSaver savings account holders can enjoy the new rate without any deposit caps.

American Express opens exclusive lounge in SG for Centurion card holders

Members can enjoy a complimentary welcome cocktail when they visit.

New Zealand card payments market to be valued $67.1b in 2026

On average, each NZ individual holds over three cards, GlobalData found.