News

BRI’s BRImo app now has 30.4 million users

There were only 2.9 million users in 2019, in comparison.

HSBC to distribute Schroders multi-asset income fund

The launch of the fund comes as a response to the current high inflation and interest rate environment.

BDO to issue $89.2m in fixed-rate sustainability bonds

It has a tenor of 1.5% years and a coupon rate of 6.025% per annum.

Automation boosts efficiency in treasury

Excellence in treasury management is key to superior financial performance.

1 in 3 Singaporeans use digital investment apps

There is a desire in the local population to increase private wealth, says UnaFinancial.

BPI doubles GCash e-loading fee

GCash loading via ECPay fee will be charged PHP10 starting March.

Malaysia’s Alliance Bank opens new branch in Saradise Kuching

The branch has launched exclusive offers to commemorate the launch.

South Korea to fine two global investment banks for naked short selling: report

The two banks made five naked short selling orders between 2022 and 2023.

Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS

Around 38,000 accounts now make use of local banks’ money lock feature.

Boost-RHB digital bank clinch official approval to commence operations

Boost Bank aims to pave the way for a new era of embedded finance

Vietnam fintech funding plummets 84% in 2023

For the second year in a row there were no late-stage funding rounds.

Expect ‘stagnant’ Chinese structure finance market in 2024: S&P

Issuance momentum of dominant segments will reportedly remain slow.

37.6 million credit cards active in Taiwan in November: FSC

The number of cash cards remained the same as in October, however.

Bank lending to Korean households rose slower in December 

Home mortgage lending continued to expand, but other loans contracted.