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15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )

Retail Asia23/09/2021

The company will be adding over 50 new hires in Singapore across engineering and product development by 2022. YouTrip has announced plans to grow its technology capabilities and product development to capture the rise of the multi-currency payments landscape. The Singapore-headquartered company will be establishing an innovation lab in the country to drive the development of a new suite of multi-currency products and […]

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Retail Asia22/09/2021

The fintech startup has made a pair of executive hires to support its global growth strategy. Thunes has appointed Irina Chuchkina as chief marketing officer and Babul Balakrishnan as head of customer care, who will both be based in Singapore, the global cross-border payments firm said on Tuesday. Fintech marketing leader Chuchkina, who is also an Executive Committee Member in […]

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Retail Asia22/09/2021

Several of China’s largest banks that issued loans to Evergrande are now reportedly considering taking on loan loss provisions and rolling over near-term obligations. Agricultural Bank of China – the nation’s third-largest lender by assets – has made some loan loss provisions for Evergrande-related exposure, according to a report citing unnamed sources. Separately, China Minsheng Banking […]

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Retail Asia22/09/2021

DBS continues to add tech talent with plans to hire around 150 related positions via a virtual hackathon. DBS will hire for around 150 technology positions through a virtual hackathon, Hack2Hire, an annual program in its fourth edition, according to a statement. The positions will be for 14 developer and engineering roles across artificial intelligence […]

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Retail Asia21/09/2021

UBS’s $10 billion China Opportunity fund caught in the downdraft of the country’s harsh tech crackdown. It was only last April that Bin Shi gave a fireside chat on a UBS asset management hosted website. The bank’s head of China equities appeared optimistic about the outlook for Chinese equities, saying it was likely the tech sector had seen the […]

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Retail Asia20/09/2021

DBS continues to add tech talent with plans to hire around 150 related positions via a virtual hackathon. DBS will hire for around 150 technology positions through a virtual hackathon, Hack2Hire, an annual program in its fourth edition, according to a statement. The positions will be for 14 developer and engineering roles across artificial intelligence […]

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Retail Asia16/09/2021

The link will facilitate instant, low-cost fund transfers directly from one bank account to another between Singapore and India. Singapore will be linking its national e-payments system PayNow to India’s Unified Payments Interface (UPI) by mind-2022, according to an announcement by the Monetary Authority of Singapore on Tuesday. This means that users in Singapore will be able to […]

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Retail Asia16/09/2021

The regional partnership will support thousands of merchants across Southeast Asia, as competition in the Buy Now Pay Later (BNPL) space heats up. Global payments platform 2C2P is partnering Buy Now Pay Later (BNPL) brand Atome, which will allow its network of online and offline merchants across the region to offer BNPL as an alternative […]

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Retail Asia16/09/2021

A DBS veteran will take on a new key position at OCBC, which is part of the bank’s plans to grow and expand across its key markets. OCBC has appointed Tan Teck Long as group head of wholesale banking, according to a filing with Singapore Exchange (SGX) on Wednesday. Tan joins from DBS Bank, where he has […]

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Retail Asia16/09/2021

Deutsche Bank Wealth Management has hired two former executives from DBS Private Bank to bolster its South Asia business. Shankar Jha joins the German private bank’s global South Asia (GSA) team in Singapore as a managing director and group head, according to a statement, reporting to global South Asia head Amrit Singh. Jha has over 20 years […]

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Retail Asia15/09/2021

Lender HSBC has lowered its growth forecast for Vietnam from 7.1 percent to 5.1 percent given the ongoing fourth Covid-19 wave that has disrupted key economic activities. “The impact of the Delta variant as it spread across the country and in particular the economic heartland of Vietnam in the south meant a swift re-introduction of […]

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Retail Asia15/09/2021

Citigroup has reportedly hired the former Southeast Asia head of investment banking from Goldman Sachs. Harry Naysmith will join Citi as its vice chairman of banking, capital markets and advisory for Southeast Asia. Naismith joined Goldman Sachs in 2013, last as its Southeast Asia head of investment banking. Previously, he also spent five years with […]

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Retail Asia15/09/2021

The platform plans to tap on the growing popularity of cryptocurrencies and digital assets among corporate investors, accredited individuals and family offices. DBS plans to list at least half a dozen security tokens by end-2022 on DDEx, the bank’s institutional-focused digital asset exchange, the exchange’s chairman said on Monday. According to Eng-Kwok Seat Moey, who is also […]

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Retail Asia15/09/2021

Singapore Exchange (SGX), has announced personnel changes to its board of directors. Jane Diplock, non-executive non-independent director, will be retiring from the board by rotation at the end of the bourse’s 22nd Annual General Meeting on 7 October, SGX said in a filing on Tuesday. Diplock, 72, was also a member of SGX’s audit and risk management committees. […]

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Retail Asia10/09/2021

The U.S. fintech giant announced a mostly cash deal to acquire Japan’s buy now, pay later (BNPL) payments platform Paidy for ¥300 billion (about $2.7 billion) on Wednesday. The acquisition will expand PayPal’s capabilities, distribution and relevance in the domestic payments market in Japan, the third-largest e-commerce market in the world, complementing the company’s existing cross-border e-commerce […]

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Retail Asia09/09/2021

Vietnam Bank for Industry and Trade (VietinBank) has elected General Director Tran Minh Binh as the bank’s new chairman for the 2019-2024 term. The appointment came Tuesday, two months after the bank’s former chairman, Le Duc Tho, was appointed secretary of Ben Tre Provincial Party Committee from July. Tran Minh Binh, 47, holds a Master’s […]

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Retail Asia07/09/2021

The new China desk in Singapore adds to CCB’s network of six Asia desks in the region, which supports clients’ banking needs across intra-Asia growth corridors. Citi Commercial Bank (CCB) Asia Pacific has set up a China desk in Singapore, facilitating access to the cit-state and wider ASEAN region for emerging corporates from China, it […]

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Retail Asia07/09/2021

A StanChart veteran has been appointed to lead its digital-only bank in Singapore. Standard Chartered Singapore’s head of consumer, private and business banking, Dwaipayan Sadhu, has been appointed CEO of the bank’s new digital venture with NTUC Enterprise, details of which were released on Monday. Sadhu, who has more than two decades of experience across wealth […]

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Retail Asia06/09/2021

HSBC is the latest to embrace hybrid working with plans to make it a permanent model for the bank worldwide. My own view on the return to office is it would be a waste if we didn’t learn from the last 18 months, said HSBC group chief executive Noel Quinn. The bank’s work-from-home embracement is […]

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Retail Asia06/09/2021

Cryptocurrency exchange Binance has responded to a warning by Singapore’s regulator by removing some of its offerings in the city-state. Binance will cease Singapore dollar trading pairs and payment options, according to a blog post over the weekend, alongside the removal of its app from Singapore’s online stores. The halt will begin as of Friday […]

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