SME NPLs COULD TOTAL US$860M

The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has expressed concern that…

 KEY DRIVERS AND TRENDS FOR ASIAN PRIVATE DEBT.

APAC’s private credit industry is growing, driven by high-growth economies and the current position ofthe macroeconomic…

GRAB LAYOFF 1,000 IN HEADCOUNT, SIGNALLING TOUGH TIMES

Singapore-based Grab, Southeast Asia’s leading ride-hailing and food-delivery app, has announced it will fire 1,000 people,…

IDR HAS ROOM TO STRENGTHEN

Indonesia’s rupiah has room to appreciate against the US dollar and the central bank is focusing…

MALAYSIA EQUITIES TO RECOVER PENDING GLOBAL RECOVERY

Bursa Malaysia’s performance is expected to recover when the global interest rate environment is more stable,…

US$93M DEFAULT BY SERBA DINAMIK SUBSIDIARIES

Oil and gas company Serba Dinamik Holdings Bhd subsidiaries, Serba Dinamik Group Bhd (SDGB) and Serba…

US$713M IPO BY AMMAN MINERAL IPO CLOSES IN POSITIVE TERRITORY

Amman Mineral Internasional ended 3.5 per cent higher in its stock market debut on Friday after…

DBS DIGITAL BANKING DISRUPTION ATTRIBUTED TO HUMAN ERROR

The disruption to DBS’ digital banking services on May 5, 2023 was caused by human error, according to…

TAX INCENTIVES TO ATTRACT FAMILY OFFICES IN SINGAPORE

The Monetary Authority of Singapore (MAS) announced on Wednesday (Jul 5) adjustments to its tax incentives…

RISE IN SINGAPORE DOLLAR AND HIGH INTEREST EXPENSES PUSH MAS INTO LOSS

The Monetary Authority of Singapore (MAS) recorded its largest net loss of S$30.8 billion (US$22.8 billion) in…