Staff Reporter
DBS Hong Kong, China’s PSBC to offer services under Wealth Management Connect
DBS Hong Kong, China’s PSBC to offer services under Wealth Management Connect
PSBC is one of the largest state-owned banks in China.
Sembcorp Marine expects to incur losses in H2
The company also experienced a loss of $647m for H1.
The inaugural Asian Telecommunications Awards are now accepting nominations
Entry submission runs from 6 September 2021 to 7 January 2022.
UOB, IMDA digitalise SG-China cross-border trade flows
This is expected to speed up the electronic exchange of trade documents.
Hong Kong’s Avo secures HK$260m in fresh funding
The insurer plans to use the fresh capital for product development.
PayMaya Philippines launches microinsurance service PayMaya Protect
The digital payments platform has teamed up with bolttech for this latest project.
FIs need to set clear net-zero goals else loans, assets deteriorate: Moody’s
Delayed goals and actions would hurt banks’ asset and loan quality in the future.
Power retailer iSwitch shuts down Singapore operations
This will take effect on 11 November 2021.
Global insurer Chubb acquires Cigna’s APAC business for $5.75b
Cigna has operations in seven markets in Asia-Pacific.
APAC banks on track for LIBOR phase-out: S&P
Singapore banks are leading the way in adopting alternative reference rates.
4 in 5 banks prioritises people over products
81% of banks seek to differentiate their customer experience.
HSBC, Temasek partner to fund sustainable infrastructure projects in Asia
The two hope to dispense over US$1b of loans over the next five years.
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.
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This comes as consumers increasingly expect hyper-personalised, multi-platform experiences, pushing broadcasters toward direct-to-consumer strategies.
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Business partnership as TKDN services: Unlocking Indonesia’s digital future
Are luxury boutique hotels the new black?