Economy
Financial regulators in ASEAN pledge to bolster partnerships, region to grow 4.5%
The ministers and governors discussed maintaining strategies amidst geopolitical tensions, debt, and sustainability hurdles.
Financial regulators in ASEAN pledge to bolster partnerships, region to grow 4.5%
The ministers and governors discussed maintaining strategies amidst geopolitical tensions, debt, and sustainability hurdles.
Central bank begins financial sector cloud resilience forum
The forum will discuss perspectives on appropriate public cloud risk management practices.
China supports HK's bid for international finance hub status
The bank provided conducive factors through its policies.
South Korea reviews allowing insurers to conduct banking operations
A task force was formed to look into this.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
MAS to cooperate with Ghana to open trade and financial corridor
It will work with the Bank of Ghana and the Development Bank of Ghana for the project.
MAS, Bank Indonesia extends bilateral financial arrangement
Both leaders of Singapore and Indonesia endorsed the arrangement.
Hong Kong steering group launches sustainable finance internship
The programme aims to encourage students to make a career in the field.
HK businesses see 50% increase of bad debt write-offs: study
Almost half of the total value of business-to-business invoices was overdue.
Crypto and DeFi cannot circumvent Russia financial sanctions: MAS
The regulator said appropriate measures will be taken for FIs who will breach these sanctions.
Wait and see tactics: PH central bank holds off on tightening monetary policies
However, a threat from the West makes it seem that the central bank may be overly confident.
Hong Kong is the top international financial centre in Asia—survey
Survey respondents also saw Hong Kong as a gateway to mainland China.
Philippines’ BSP announces countermeasures against fake banknotes from ATMs
The banking regulator earlier warned the public of counterfeit notes from ATMs.
Philippines' central bank warns public of fake banknotes from ATMs
The public is urged to examine banknotes carefully after using a machine.
Singapore, China reaffirm commitment to financial supervisory cooperation
The supervisory roundtable was held virtually.
MAS and Bank Indonesia extends $10b bilateral financial agreement
The two extended the agreement until 4 November 2022.
ADB boosts 2019-2030 climate financing goals to $100b
The bank expects its own climate financing in 2019-2021 to reach $17b.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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