9000 BANK BRANCHES TO SHUTTER IN SEA BY 2030

Traditional banks that do not adjust to meet evolving customer habits risk being overtaken by hungrier…

C19 COULD COMPLICATE PHILIPPINES’ ECONOMIC RECOVERY

Snaking queues at Manila food banks have become a common sight as the economy continues struggling…

SEA TO SCALE UP DIGFIN AS REVENUE DOUBLES TO US$1.8 BILLION

Singaporean technology group Sea chairman Forrest Li said on Tuesday (May 18) the firm would scale up…

1MDB SUES DEUTSCHE, JPM & COUTTS TO RECOVER BILLIONS

Malaysia‚Äôs now-defunct 1MDB state fund is suing subsidiaries of Deutsche Bank, JP Morgan and Coutts & Co…

KBANK TRIES BLOCKCHAIN OPTION KUBIX

Kasikornbank (KBank) is exploring an innovative form of services called decentralised finance (DeFi) using blockchain and…

UHNWIs NOT CHANGING WEALTH MANAGEMENT STRATEGY

Although the Covid-19 pandemic has led ultra-high-net-worth individual (UHNWI) investors in Asia to perceive markets as…

MYANMAR MILITARY COUP REMOVES CENTRAL BANK CHIEF

As news of the military coup in Myanmar reached the halls of the Bank of Japan,…

INDORAMA PURSUING JOB CUTS IN US: REUTERS:

Indorama Ventures PCL is pushing the United Steelworkers (USW) local union representing about 300 workers at…

MORATORIUMS POSE RISKS TO ASEAN BANKING SYSTEMS

By Leong Hung Lee, The Star Loan moratoriums and restructuring pose critical risks to the banking…

INDONESIA’S NEW S.W.F TARGETS US$20 BILLION INVESTMENTS

Finance Minister Sri Mulyani Indrawati previously said Jakarta would seed the sovereign wealth fund with US$5bil…