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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 )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia12/07/2021

A new and welcome change to Google Pay users in the US is now coming: you will be able to use your Google Pay balance to pay in stores. The new feature is currently only available in the States, but it should be available to all Google Pay users soon. Starting this week, users in […]

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Retail Asia11/07/2021

Crypto-linked spending on Visa cards topped $1 billion despite continued doubts about cryptocurrencies as a means of payment. Credit card giant Visa achieved the feat in just the first half of 2021, according to a statement, underlining more steps to make crypto transactions smoother. The firm said it was seeking to partner with 50 crypto […]

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Retail Asia11/07/2021

Maybank’s former head of private wealth has reemerged at a rival Southeast Asian private bank. Khoo Lin-Wein was named head of wealth at Vietnam’s Techcombank, sources based in Hanoi said. Founded in 1993, Techcombank is one of the largest joint-stock banks in Vietnam today with over 300 branches and more than 5 million customers. Khoo […]

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Retail Asia11/07/2021

Beijing continues to express negative sentiments about cryptocurrencies, in the midst of a nationwide crackdown, this time with the central bank calling out stablecoins as a source of instability. Fan Yifei, deputy governor of the People Bank of China, said stablecoins – a cryptocurrency usually pegged to a reserve asset like the U.S. dollar or […]

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Retail Asia09/07/2021

Singapore’s OCBC has created more than 50 sustainability-related jobs over the last two years as part of a broader plan to internally promote the space. The 50 jobs span across sustainable business development, sustainable product development, sustainability research, ESG assessment, ESG reporting, ESG regulatory and compliance, sustainable stewardship, and community development and environmental conservation programs, according to a statement. This […]

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Retail Asia09/07/2021

Citi Private Bank has named a new global market head for China-based in Singapore. Lillian Liao joins Citi Private Bank as a managing director and global market head, China, sources said, reporting to North Asia head of private banking Rudolf Hitsch. A spokesperson for the bank declined to comment. Liao joins from Credit Suisse where she […]

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Retail Asia07/07/2021

Vietnam Report JSC recently announced the nation’s Top 10 prestigious and effective public companies for 2021 with six banks including Vietcombank, ACB, VPBank, VIB, MBBank and Techcombank. Over the past two years, these banks have been recognized by economists and investors for their financial strength and communication capacities, their growth potential, level of sustainable development, […]

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Retail Asia07/07/2021

The bank has appointed five locals to senior positions across Asia Pacific in various business groups, according to an announcement. Chan San-San, who joined Citi in 2003, was appointed private banking high net worth head for Asia Pacific, effective July. She will continue to be based in Singapore and will join the Global Private Bank leadership […]

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Retail Asia06/07/2021

ZA International has established a partnership with BC Technology Group which operates the city’s only licensed digital asset platform. ZA International and BC Technology Group have entered into a mutual collaboration agreement, according to a statement. ZA will use BC Technology Group as its exclusive digital asset trading partner via its Hong Kong-licensed digital asset […]

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Retail Asia05/07/2021

A crowded field of contenders are vying for the five licenses on offer by Bank Negara Malaysia. The race for digital banking licenses digital banking license is heating up, with more than a dozen applications involving over 50 companies submitted before the closing date on Wednesday. With the exception of a few players, most of the digital […]

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Retail Asia05/07/2021

Alibaba co-founders Jack Ma and Joseph Tsai are reportedly pledging their shares in the Chinese e-commerce giant in exchange for significant loans from global banks. The two tech billionaires have pledged their shares to banks including UBS, Credit Suisse, and Goldman Sachs, according to a «Financial Times» report citing company documents. The shares pledged were […]

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Retail Asia05/07/2021

Deutsche Bank has hired three former HSBC executives to join its wealth management arm in Southeast Asia. Terence Leong joins Deutsche Bank as group head for Southeast Asia, according to a statement, reporting to head of Southeast Asia wealth management Shang-Wei Chow. Leong joins from HSBC where he was most recently its ultra-high net worth market lead […]

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Retail Asia05/07/2021

She takes over Paul Macpherson, Chief Information Officer, CPBB since 2018, who will be leaving to pursue opportunities outside the bank. Standard Chartered has appointed Anshu Sharma Raja as chief information officer, Consumer, Private & Business Banking (CPBB), the bank announced on Friday. Raja joined the bank in 2018 as managing director, global head of Retail Banking […]

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Retail Asia02/07/2021

State-owned lender VietinBank has recorded pre-tax profits of VND13 trillion ($565.2 million) in the first six months of 2021, a year-on-year increase of 75 percent. Its ratio of non-performing loans at the end of Q2 was 1.38 percent, chairman Le Duc Tho said, adding that the targeted non-performing loans ratio for this year was 1-1.2 […]

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Retail Asia02/07/2021

A staffing error reportedly bypassed internal controls at Deutsche Bank which led to the expiration of its Hong Kong license to sponsor initial public offerings, marking a setback to the relaunch of its Asia equities business. Deutsche Bank failed to replace to regulated staff on time which will cause its IPO sponsor license to lapse […]

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Retail Asia02/07/2021

She will succeed Virginia Devereux Wong, regional head of funds and ETFs, who will be leaving HSBC Private Banking at the end of June. Lina Lim, regional head of discretionary, Asia, will take on the expanded role of regional head of discretionary and funds, citing a HSBC spokesperson. In her new role, which combines Wong’s responsibilities, Lim will oversee discretionary, […]

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Retail Asia02/07/2021

Exiled dissident and former Hong Kong lawmaker Ted Hui Chi-fung spoke again about his frozen accounts, claiming that there was no legal basis for continued suspension. According to ex-Hong Kong lawmaker Ted Hui, legal advice he received suggests that police orders for banks to freeze accounts should be rendered invalid after six months, questioning whether […]

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Retail Asia02/07/2021

HSBC has appointed a successor for the role of wealth and personal banking head in Malaysia after it was left vacant for three months. HSBC named Renee Bullock-Cann as head of wealth and personal banking (WPB) in Malaysia, according to a statement, succeeding Tara Latini who was named head of WPB in the U.S. in April. Bullock-Cann reports to HSBC […]

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Retail Asia01/07/2021

Yet another fraudulent foreign exchange trading platform that cheated people out of hundreds of thousands of dollars has been exposed in HCMC. Nga, a resident of HCMC’s District 7 spends most of her time these days reading updates about FXTradingMarkets in a Facebook group with 4,200 members. On June 25, the group received a screenshot […]

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Retail Asia01/07/2021

The Vietnamese government has ordered its central bank to study virtual money using blockchain technology over three years amid rising interests in this type of currency. The State Bank of Vietnam will be in charge of studying and trialing the use of virtual money from this year until 2023 as part of key objects in […]

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