DBS and OCBC account holders without credit cards can soon use Google Pay to make payments to merchants in Singapore. The integration will allow both banks’ customers to send and…
UBS has to pay a huge fine in Hong Kong because it overcharged its clients. Only one other major bank had to pay a similar amount ever. UBS had warned…
The move by PayNow to adopt SGQR makes it easier for businesses and consumers to use the mobile e-payment service. PayNow is adopting Singapore Quick Response (SGQR) specifications, which allows…
The partnership, using Visa’s push payment solution and secure network, allows consumers to transfer money in a faster, convenient and more secure way. Singapore cross-border fund transfer startup Nium is…
OCBC names a successor to oversee the consumer financial services following the exit of Dennis Tan. Tan joined the bank 10 years ago as its head of branch and group…
Xiaomi has the expected trimmings for a smartphone and device-maker: A retail channel for its products and internet services for its 300 million users. It’s also becoming a bank. «We…
The HCMC Transport Department will launch a public transport service using electric motorbikes at the end of this year. The service is part of a memorandum of understanding (MoU) signed…
Vietnam’s e-commerce platforms are going all out with promotions and other marketing campaigns to woo customers for the year-end shopping season. Immediately after Apple’s latest iPhone 11 was released in Vietnam…
Sumitomo Mitsui Financial Group and OCBC Group are believed to be readying their offers to compete for the acquisition of Indonesian lender PT Bank Permata. The two banks have separately…
Vietnamese food giant Masan is struggling to grow its beer business, which is suffering losses and could drop out of the domestic market. Masan expects a loss of $15 million…
Kerry Logistics has won the titles of “Asia Pacific Logistics Service Provider of the Year” and “Asia Pacific Road Freight Service Provider of the Year” at the 2019 Frost &…
VinSmart, the smartphone producing unit of Vietnam’s biggest private conglomerate Vingroup, has revealed its first 55-inch smart TV. The smart TVs are currently being manufactured in a factory in Hanoi’s…
Coworking startup WeWork plans to open two more offices in Ho Chi Minh City’s District 1 this month. One of them will be at Lim Tower 3, and rents will…
Banks in South-east Asia could miss out on as much as $5 billion, or 14.3 percent of their payments revenue by 2025, displaced by the growth of digital payments and…
Listed firms controlled by billionaires outperformed the broader market with such entities in Asia leading the pack in relative gains. In the past 15 years to 2018-end, billionaire-controlled listed companies posted equity returns of…
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