News

APAC’s mobile wallet adoption chips away at traditional payments’ dominance

Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.

APAC’s mobile wallet adoption chips away at traditional payments’ dominance

Mobile wallet adoption in Thailand, Vietnam far exceed those in the US, the UK.

Singapore, Malaysia to link real-time payment systems PayNow, DuitNow

Remittances between the two countries reached S$1.3b in 2020.

Hong Kong’s Mox Bank appoints Barbaros Uygun as new CEO

Uygun previously served as CEO of ING Bank Austria.

Half of APAC banks at risk of missing digital transformation targets: study

Banking leaders admit that they are at risk of ceasing to exist in 5-10 years.

UOB unveils green financing solution to push EV adoption in Singapore

It creates a one-stop ecosystem that connects its users to EV car dealers.

Omnichannel is the way forward for APAC retailers

As physical stores reopen, online spending may drop to 13.4% by end-2021 but never below pre-COVID levels.

Singapore, India to link PayNow, UPI payment systems by mid-2022

Fund transfers from India to Singapore will only need mobile phone numbers.

Real estate trends to watch for new proptech ideas

These trends open more opportunities for property technology.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

DBS' new scheme to help hawkers boost monthly income by 10%

The Adopt-a-Hawker Centre pilot programme was first launched in Tanjong Pagar Plaza Market and Food Centre.

Legal Briefing: The ‘Stay Rules’ are here to stay

And what it means for authorized institutions.

Singapore CEO’s more bullish about SG’s growth, earnings: KPMG

92% of Singapore CEOs are confident about the country’s growth.

HK, SG investors more cautious amidst COVID

About 62% and 69% of Hong Kongers and Singaporeans, respectively, are now investing responsively.

89% of SG businesses struggle with data proliferation: Dell Technologies

Businesses are gathering more data than they can analyse; and needs more data than their current capacity.

Could Hong Kong investors’ optimism be dangerous?

Schroders reported that investment returns are expected to average 11% annually.

Resale market in SG returns after 2-year hiatus: Report

Units sold in the first seven months totalled 9,160, exceeding 2019 and 2020.

Singapore is 17th most expensive location to send expat workers

The expatriate pay package for mid-level workers costs around US$225,171 annually.