Economy
Strategic purchasing dominates global consumer habits in 2024
Strategic purchasing dominates global consumer habits in 2024
Lower inflation drives quality-focused purchases and financial comfort.
ING names Deepali Bhargava as head of research, APAC chief economist
Bhargava joins from Kohlberg Kravis Roberts & Co.
SMEs, crypto regulations key to Bahrain’s fintech ambitions
Stablecoins and crypto payments are areas of interest for the central bank.
UOB, SGE ink MoU to deepen gold market cooperation
UOB is the only bank providing gold products in Singapore.
Financial crimes to continue to squeeze bank profits
More sophisticated crooks and stricter rules are expected to increase compliance costs.
China's financial sector intensifies efforts to stabilise economy
The transformation of the monetary policy framework has also accelerated.
Fed rate cuts may boost ASEAN fintech funding
Interest rate cuts and emerging tech are driving fintech growth.
Digital assets create new “rails” for money movement
It complements existing banking infrastructure.
MAS aims for robust transition credit demand at COP28 through coalition
TRACTION aims to develop approaches to meet these needs and expand the credit market.
Banks gain 50% more tech capacity with productivity focus
Generative AI tools to streamline tasks can yield productivity gains of up to 30%.
Asia struggles with G20 payment targets
The ultimate goal is for cross-border payments to achieve “the speed of the internet.”
Client demands push banks toward frictionless experiences
Compliance, client expectations, and legacy tech challenge banks' 2025 goals.
Gov’t support keeps APAC banks stable
Each market has their own problems, such as floods and weak property demand.
Why is willful default a growing threat to Bangladesh’s financial stability?
Bangladesh must implement stronger governance measures across its financial institutions.
PH central bank, German banknote printer ink MOU for payments and currency mgmt
They will research digital payments and banknote substrate.
Banks’ profitability to decline in 2025 as interest margins narrow
Commercial banks may cut personnel, and regulators may prioritize stability over staff retention in M&As.
Taiwan’s Financial Supervisory Commission names new chief sec for FEB
Wen-long Kuo was formerly the division director at the FEB.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance