Banking & Finance

Singapore-based banking group DBS, Southeast Asia’s largest lender by assets, has teamed up with The Sandbox, a blockchain-based Metaverse gaming platform, to develop new...

Myanmar exiles ousted in a 2021 coup are pressing the US Federal Reserve to endorse their bid to use billions of dollars in funds...

The Indonesian government is planning to establish its envisaged “crypto stock exchange” by the end of 2022, DealStreetAsia cited the country’s deputy trade minister...

Cryptocurrency adoption in Singapore has risen despite a hardline approach of the city-state’s financial market regulator, a new survey shows. According to data from Australia-based...

Myanmar’s currency, the kyat, is continuing its rapid devaluation and has reached a record low against the US dollar and other major currencies in...

Thailand’s households are struggling with the highest level of debt in 16 years, according to a new survey by the University of the Thai...

Singapore-headquartered Grab, a ride-hailing-turned-e-commerce group and once Southeast Asia’s most valuable startup, is falling behind Indonesian competitor GoTo in the public financial markets. The downturn...

Najib Razak, prime minister of Malaysia between 2009 and 2018, has finally been sent to jail to start serving a 12-year sentence for his...

Cambodia in a first for Southeast Asia’s developing countries will introduce a pilot scheme to add financial literacy into school curricula, the Phnom Penh...

The number of initial public offerings (IPO) at the Philippine Stock Exchange will probably rise to a record this year, with a value of...

The combined wealth of the super-wealthy in the Philippines dropped to $72 billion this year from $79 billion in mid-2021 even as the country...

Shah Alam, Malaysia-based OMS Group, a company which installs and maintains submarine cable systems mainly for telecom corporations in Asia-Pacific, is mulling a listing...

Indonesia’s central bank will issue its own digital currency for use by banks and payment services providers on the wholesale level, Perry Warjiyo, governor...

The Central Bank of Myanmar on order of the country’s military government has issued a directive that companies and individual borrowers holding foreign loans...

Vietnamese carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion for the construction of its planned electric...

Thailand is planning to build a $37-billion smart city in an industrial hub in the so-called Eastern Economic Corridor in Chonburi province southeast of...

Singapore-based biotechnology startup Mirxes, which focuses on preventive healthcare solutions for cancer and infectious diseases, is weighing an initial public offering (IPO) in the...

Dutch financial services group ING Bank is exiting the retail banking market in the Philippines, just shortly after US banking giant Citi did the...