Banking & Finance

The Monetary Authority of Singapore (MAS), after it issued new guidelines for marketing and advertising of cryptocurrency services in the city state on January...

Malaysia has started an assessment of the potential benefits of a central bank-backed digital currency, Bank Negara Malaysia said according to a Bloomberg News...

Vietnam’s economic recovery is likely to accelerate in 2022 as gross domestic product (GDP) growth is expected to rise to 5.5 per cent from...

Citigroup agreed to sell its consumer banking businesses in Thailand, Malaysia, Indonesia and Vietnam with a customer base of about 2.4 million to Singapore’s...

Credit card fraud in the Philippines skyrocketed 21 per cent since the Covid-19 pandemic started in early 2020, an industry group said. This is...

Inflation in Southeast Asian economies is expected to hit its highest level in ten years in 2022, setting the stage for the start of...

The Philippine central bank is confident to reach its target of 50 per cent of retail payments being conducted digitally in less than two...

Indonesia’s central bank on December 21 launched a new retail payment system called Bank Indonesia Fast Payment, or BI-Fast, aimed at reducing cash use...

US banking major Citigroup said on December 23 that it is selling its consumer banking business in the Philippines to Union Bank of the...

Myanmar’s parallel government opposing the military junta, the National Unity Government (NUG), has recognised crypto currency Tether as an official currency for local use...

Singapore took over the first place from the US in the latest Global Crypto Ranking for the fourth quarter 2021 by Irish fintech startup...

Union Bank of the Philippines has been named as preferred bidder by Citibank for the latter’s consumer banking division in the Philippines, Bloomberg News...

Malaysia’s national capital of Kuala Lumpur has been ranked best city to live and work globally in the newly released Expat City Ranking 2021...

Myanmar’s civilian National Unity Government (NUG), which sees itself as the country’s legitimate administration in opposition to the ruling military junta, has been surprisingly...

Singapore’s Oversea-Chinese Banking Corporation, or OCBC, is thinking about the possibility to set up its own crypto exchange to satisfy growing demand from clients,...

Southeast Asia’s small and impoverished nation of Laos has issued new regulations to govern cryptocurrency mining operations and trading platforms in the country after...

The government of Laos is hopeful to leave the Least Developed Country (LDC) status of the nation by 2026 at the latest, calling economic...

US state authorities have warned US companies either operating in Cambodia or considering doing so against interactions with “certain entities and sectors of concern,”...