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India’s banking system privatization plagued with capital, regulatory woes
They need to pump money into lenders before selling them if they want to make them more attractive to potential buyers, reports S&P.
India’s banking system privatization plagued with capital, regulatory woes
They need to pump money into lenders before selling them if they want to make them more attractive to potential buyers, reports S&P.
Weekly Global News Wrap: Bank of England scraps pandemic curbs on dividends; JPMorgan posts jump in Q2 earnings
And four global banks to launch a pilot platform on voluntary carbon credits.
Indonesian banks’ risks rise as new wave of infections dampen economic recovery
The rising number of COVID cases will delay the return to normal repayment schedules.
China aims to speed up domestic store openings by 2025
The country is targeting a 5% retail sales growth by 2025.
Indonesia’s retail recovery hinges on vaccine rollout: report
Consumer confidence and retail sales remain below pre-pandemic levels.
South Korean incumbent banks’ profits at risk as Kakao Bank expand loan services
The internet-only bank plans to launch mortgages and merchant loan products.
SEA named world’s fastest-growing mobile wallet region
The number of active mobile wallets is expected to reach 439.7 million by 2025.
Taiwan inks 15-year LNG supply deal with Qatar
It will buy 1.25 million tonnes of LNG annually from the company.
Japan eyes 108 GW solar capacity target by 2030
This almost doubles the current target of 64 GW.
MAS, France complete wholesale cross-border payment experiment using CBDC
It simulated cross-border transactions involving multiple CBDCs on a common network.
South Korea mulls normalizing eased rules on banks’ FX derivatives: report
The country relaxed rules in March amidst a severe dollar crunch.
China to hike subsidies for agricultural insurance premiums
Subsidies will be provided to crop-growing farmers who buy full-cost insurance or income insurance.
Malaysia’s foodservice sector sees rising transactions
More consumers are looking to takeaway food.
Outlet digitalization fuels Philippines’ foodservice growth
Consumers will experiment with different dining options as economy recovers.
Citi appoints 5 Singaporeans to senior positions across APAC
This includes the new head of Integrated Corporate Bank for its Taiwan business.
Southeast Asia’s neobank market to grow 50% in 2021
Funding and winding down of the pandemic’s impact on the economy will push this market.
South Korea to decide on Samsung daughters' life insurance shareholder eligibility
The regulator is expected to rule in their favour, sources revealed.
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20
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Vietnam Technology Excellence Awards 2024 Winner: FPT Smart Home & FPT Camera
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The integrated system offers real-time data analysis, automation, and seamless control.
Vietnam Technology Excellence Awards 2024 Winner: FPT Smart Home & FPT Camera
The integrated system offers real-time data analysis, automation, and seamless control.
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1. Industry excellence celebrated at Manufacturing Asia Awards and Asian Export Awards 2024 2. Food Innovators to serve up ‘anime’ diners in Singapore 3. Medical Device Authority (MDA), Ministry of Health Malaysia wins at Malaysia Management Excellence Awards 2024 4. Exceptional leadership and innovation celebrated at Malaysia Management Excellence Awards 2024 5. Western Digital Malaysia bags two wins at Malaysia Management Excellence Awards 2024Awards
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Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'