Banking & Finance
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Malaysia sues large global banks, ex-PM to recover billions from 1MDB debacle
Construction site site in Kuala Lumpur for one of 1MDB's urban projects
Malaysia is suing units of Deutsche...
Indonesian banks shun Aceh as province tightens Islamic finance regulations
A number of large Indonesian banks are closing their conventional banking operations in the country’s strictly Muslim...
Gojek, Tokopedia merge to new Southeast Asian e-commerce giant GoTo
New e-commerce giant GoTo plans stock listing in US and Indonesia
Two of Indonesia's largest e-commerce companies, ride-hailing...
Two and a half months after the coup, Myanmar’s economy lies in shatters
Closed shops in Yangon
Bad news for foreign investors who have set a lot of hopes on Myanmar’s...
Citibank’s retail banking calls it quits in Southeast Asia
Citibank's headquarters in Bangkok, Thailand
US banking group Citibank on April 15 said that it will exit the...
First digital-only bank launches in the Philippines
Tonik offers virtual banking only
The first digital-only bank –or neobank – has launched in the Philippines on...
Digital banks finally coming to the Philippines
Digital banks – also known as neobanks – are preparing their market entry into the Philippines as...
Malaysia’s state wealth fund reports 61% drop in profit, warns of another challenging year
Khazanah is "rebalancing" its financial exposures
Malaysia's sovereign wealth fund Khazanah Nasional posted a 61 per cent drop...
Singapore’s street food vendors rapidly adopt digital payments
Singapore's hawkers go digital
More than half of Singapore’s hawker stalls now offer e-payments, with transactions in January...
Vietnam’s youth “optimistic” about next 15 years – study
Vietnam’s youth is confident and optimistic about the direction their country is going in terms of economic...
New SME funding platform enters Thailand
Funding Societies: Loans for more than 65,000 businesses
A new funding platform for small and medium companies...
Heavy damage expected for Myanmar’s economy after surprise coup
The February 1 military coup will take a significant toll on Myanmar’s economy which is already battered...
Banks, stock exchange shut down in Myanmar after military coup
All banks across Myanmar temporarily shut down their operations on February 1 following a military coup in...
Indonesia’s Gojek maintains swift expansion drive
Indonesia’s ride-hailing-start-up Gojek, which since its launch in 2010 has grown into a diversified e-commerce unicorn, wants...
Blockchain-based whisky exchange launches in Singapore
Scotch whisky has historically high yields
Investing in whisky, particularly in high-end, exclusive single malt Scotch, instead of...
Philippines gets first crowdfunding platform
Investree, founded in 2015 in Indonesia, plans an expansion across Southeast Asia
The Philippines is getting its first...
Resort operator to become seventh company listed at Yangon Stock Exchange
The Amata Resort Hotel & Spa in Yangon
Yangon-based Amata Holding, one of the largest resort hotel operators...
Vietnam launches central stock exchange entity
Vietnam has established a new legal entity under the name of Vietnam Stock Exchange as a parent...
Latest
Alibaba makes first investment in Vietnam, buys stake in retail chain
VinMart's 2,900 mini stores and 130 supermarkets will become pick-up joints for online shopper on Alibaba's Lazada
China’s...
Stories of the week
Alibaba makes first investment in Vietnam, buys stake in retail chain
VinMart's 2,900 mini stores and 130 supermarkets will become pick-up joints for online shopper on Alibaba's Lazada
China’s...