Southeast Asia
CIMB commits to private wealth push across Malaysia and ASEAN
CIMB commits to private wealth push across Malaysia and ASEAN
It aims to use wealth revenue to sustain a NOII contribution of 33% to 34%.
Islamic lenders hit digital wall on slow rollout
Products don’t evolve quickly due to extra layers of review.
Citi snaps up UBS franchise chief to lead ASEAN real estate
Indran Thana joins Citi Singapore as MD, bringing 16 years of UBS real estate experience.
Big borrower default could wipe out a year of SEA bank earnings: S&P
Brunei, the Philippines, and Thailand are the most exposed to loan concertation risk.
Only 1 in 10 banks see AI returns despite $97b spend by 2027
Data fragmentation and governance uncertainty plague most AI adoptions.
Southeast Asia fintech funding fell 21% in 2025
This is despite Airwallex and Superbank doing well in their fund raising and IPO.
8 in 10 Southeast Asians to use fintech services in the next 12 months
About 60% of respondents have used two or more fintech services.
JCB, Agoda ink three-year deal for joint campaigns and co-marketing
JCB cardmembers will enjoy exclusive discounts and special offers in key markets.
Five ASEAN countries to establish common standards for non-card instant payments
The accord is part of a 50-year roadmap to develop payments.
SEA, China’s GBA emerging as key sustainable finance hubs
Sustainability-focused assets in the region reached $220b in H1 2025.
Societe Generale names Alvaro Huete as country head for Singapore and SEA
Alvaro will oversee the bank’s GBIS business.
Atome Financial’s operating income up 63% to $236m in 2024
As of Q2 2025, annualised net revenue has surpassed $500m, it said.
ASEAN Islamic finance industry to cross $1t in 2026
Assets are concentrated in Malaysia, Indonesia, and Brunei with limited presence in other markets.
Indonesia, Malaysia, Thailand name new banks for local currency transaction framework
The banks will facilitate cross-border settlement of trade and investment.
SEA fintechs’ funding drops 22% to $776m in H1 2025
Late-stage investments rose but seed stage and early-stage funding both fell.
Malaysia and Thailand to strengthen joint efforts in cybersecurity
They aim to enable more effective information sharing and capacity building.
Local, Belmoney partner to expand cross-border payments in Asia
Belomey will leverage local and alternative payment methods across 6 markets.
Commentary
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part