News
Fintech Qashier clinches in-principle approval for a MPI license from MAS
Qashier had been operating under an exempted framework for the past 5 years.
Fintech Qashier clinches in-principle approval for a MPI license from MAS
Qashier had been operating under an exempted framework for the past 5 years.
Maybank Singapore unveils online investment service for as low as S$200
From now until 30 June, the sales charge for the first $2,000 will be waived.
Hong Kong investment bankers risk losing jobs as banks cut costs: report
About 200 bankers in the city have reportedly lost their jobs in the past year.
BaaS providers revenues to more than double by 2028
The BaaS space has generated $36.4b in revenue as of 2024.
Japan’s SMBC joins JV to support drug discovery start-ups
The bank will own 33.2% of the JV company, which will be established mid-2024.
Tighter money supply strains Indonesian banks’ margins
Whilst margins may rise in the short-term, margins could fall deeper in the long-term.
BNPL provider Atome Financial doubles operating income in 2023
It’s BNPL services are now profitable, the company said in a press release.
SC Ventures expands into Abu Dhabi's tech ecosystem
New office targets regional tech innovation and fintech growth.
Thailand’s TISCO maintains strict credit policy as car loans fall
It will maintain its high dividend payout but won’t heed calls to raise it, analysts said.
Malaysian banks’ asset quality strong but profits to stay flat in 2024
A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
Taiwan’s domestic banks extended $300.7b in SME loans
This accounts for 65% of all loans extended to all enterprises.
PH central bank revokes license of local money changer
Money changer NIKKO reportedly committed “serious violations” of money laundering laws.
Union Bank’s profit outlook dims on higher costs and riskier loans
It has less buffers for loan losses than lower-rated banking peers, Moody’s Ratings warned.
Hang Seng Bank warns against phishing email
The emails lead to a fraudulent website that may request their bank or card information.
New Sydney investment offers 65% loan-to-value ratio
Conservative lending reflects cautious market sentiment in Sydney's industrial sector.
StanChart taps Cushman & Wakefield for upgraded property services
C&W will help drive the bank's sustainability agenda across its real estate portfolio.
Maybank offers financial package for registered charities
They offered the first recyclable grant in Singapore.
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