

Two firms eye Islamic banking operations in the Philippines
Maybank Philippines, along with another foreign entity, plans to introduce Islamic banking operations in the country, according to the...
Apr 22, 2024


Abu Dhabi Islamic Bank eyes USD1.1bn stake in Indonesia’s BSI
Abu Dhabi Islamic Bank (ADIB) is in preliminary talks to purchase a 15% stake worth about USD1.1bn in Indonesia’s leading Islamic lender,...
Apr 18, 2024


Taiwan’s President-elect Lai names Cho Jung-tai as new premier
Taiwan’s president-elect Lai Ching-te announced the appointment of Cho Jung-tai, a former chairperson of the Democratic Progressive Party...
Apr 11, 2024


Ant Group to enhance tourist experience with new payment scheme
Ant Group, in collaboration with 11 Alipay+ overseas payment partners and major international card organisations, launched a programme in...
Apr 9, 2024


Vietnam leads Southeast Asia in cybersecurity incidents
In 2023, Southeast Asia experienced nearly 43 million cybersecurity threats targeting businesses, as reported by Kaspersky. Vietnam faced...
Apr 8, 2024


Shinhan Bank seeks to launch South Korea’s fourth internet-only bank
Shinhan Bank, a commercial lender in South Korea, is vying for a licence to become the country’s fourth internet-only bank, joining...
Apr 8, 2024


Active online investors in Hong Kong dip to 840,000
The 2023 Hong Kong Online Investing Report by Investment Trends shows a decline in active online investors from 900,000 to 840,000, but...
Apr 4, 2024


Korea, Japan lead in Asian buyouts, says MBK Partners
Michael ByungJu Kim, co-founder of MBK Partners, highlighted South Korea and Japan as top buyout markets in Asia, with China also showing...
Apr 3, 2024


Insurtech Qoala raises USD47m, led by PayPal Ventures, MassMutual
Insurtech Qoala has successfully raised USD47m in a Series C funding round, led by PayPal Ventures and MassMutual Ventures, with...
Apr 2, 2024


Japanese banks warm up to financing hostile takeovers
Japanese banks are now more open to financing hostile acquisitions, influenced by new government takeover guidelines that challenge the...
Apr 2, 2024


Southeast Asian central banks join payment initiative
Brunei Darussalam Central Bank, BDCB, and Bank of the Lao PDR, BOL, have officially joined the initiative, bringing the total to eight...
Apr 2, 2024


Smart City Summit highlights need for public-private collaboration
At the 2024 Smart City Summit and Expo in Taipei, ICT industry leaders emphasised the critical role of international partnerships in...
Apr 1, 2024


Japanese, Singapore fintech giants team up to expand in SE Asia
Crowd Credit Inc., a Japanese financial services company, and Singapore’s fintech leader Helicap Pte Ltd have signed an MOU to enhance...
Mar 27, 2024


Over 500 firms to present at HCM City’s Smart City Asia 2024
The 2024 Smart City Asia International Expo and Forum, happening on April 17-19 at Saigon Exhibition and Convention Centre, HCM City,...
Mar 27, 2024


HK hosts inaugural Milken Institute Global Investors’ Symposium
The Milken Institute kicked off its inaugural Global Investors’ Symposium in Hong Kong on Tuesday, March 26, uniting top executives and...
Mar 27, 2024


World Bank to release debt data to bring investors to developing nations
The World Bank, led by President Ajay Banga, announced plans to publish more proprietary data to encourage private investment in...
Mar 26, 2024


UBS to close smaller Credit Suisse accounts in Asia Pacific
UBS Group AG plans to close thousands of smaller Credit Suisse accounts in its Asia Pacific wealth management arm, targeting those with...
Mar 22, 2024


BNY Mellon expands Asia access to US alternative credit
BNY Mellon has broadened its partnership with CIFC, a US-based alternative credit specialist, to enhance product offerings in Asia. This...
Mar 22, 2024


Google Malaysia apologises for exchange rate error
Google Malaysia has apologised for mistakenly publishing an incorrect US Dollar to Malaysian Ringgit (USD-MYR) exchange rate on its...
Mar 20, 2024


Sumitomo Life completes USD3.4bn acquisition of SingLife
Singlife Holdings Pte Ltd has become a wholly-owned subsidiary of Japan’s Sumitomo Life Insurance Company, following approval from...
Mar 19, 2024







