News
Singapore lifts dividend cap on local banks, financial companies
Singapore lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
Citi rolls out real time liquidity sharing solution in APAC
Treasury teams can mobilize liquidity and fund intraday payments in real-time.
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.
Most Read
1. Medical device firms eye sustainability amidst regulatory changes 2. Australian firms expect financial crime surge in 2025 3. Japan’s medical device market to be valued at $42.9b by 2029 4. Saudi Arabia’s pharmaceutical market to hit $16.7b by 2029 5. Vietnam’s life insurance sector slated for dip this 2025Resource Center
Read Here
Advertise
Sign Up
Awards
Event News
Its projects exemplify innovation, effectiveness, and dynamism, making a significant impact on the industry.
