The Bank of Thailand says it plans to issue guidelines for digital banks by June. Thailand…
Category: NEWS & FINTECH
ASEAN FINTECH FUNDING TRIPLES TO $3.5B IN 2021
Financial technology (fintech) funding in Southeast Asia jumped more than three times in the first nine…
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’s 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…