Navigating Regulatory and Compliance Challenges in the Banking Industry The banking industry plays a pivotal role in the global economy, serving as the backbone for financial transactions, investments, and economic growth. However, with this critical role comes the responsibility of adhering to a complex web of regulations and compliance standards. In this article, we’ll explore… Continue reading Navigating Regulatory and Compliance Challenges in the Banking Industry
Indonesia’s New Capital, Nusantara, Is Open for Investments From infrastructure and transport to renewable energy, investment opportunities in the new capital city project are aplenty. Indonesia’s new capital city project, Nusantara, is on a fast track. The country’s parliamentary budget committee has approved $1 billion in additional funds to accelerate the pace of construction in… Continue reading Indonesia’s New Capital, Nusantara, Is Open for Investments
Vietnam plans to bolster green credit The country wants to power the economy through green credit and green banking. Vietnam is going greener. The country is building a low-carbon economy that will be powered by renewable energy and green credit. To bolster these efforts, the government is keen to increase the availability of sustainable financial… Continue reading Vietnam Plans to Bolster Green Credit
Malaysia’s deft moves to strengthen Islamic finance The country has planned to build fintech hubs for Shariah-compliant finance entities. On the back of a gamut of progressive Shariah-compliant regulations, quick product approvals, and digitisation of financial services, Malaysia has become among the world’s biggest markets for Islamic Finance and the most developed country in this segment.… Continue reading Malaysia’s Deft Moves to Strengthen Islamic Finance
Financial Omnibus: A new era of reforms in Indonesia The PPSK Law will increase economic capabilities and enable digitisation The COVID-19 pandemic pushed sustainable economic spending at the forefront of financial reforms. Developing nations in particular had to identify resilient financial models and reform archaic regulations. Indonesia was one such country that made swift moves… Continue reading Financial Omnibus: A New Era of Reforms in Indonesia
Malaysian Banking Sector Enters Transformative Phase The Malaysian banking sector is ripe for disruption and consolidation with the entry of digital banks and increase in competition The entry of five new digital banks is expected to be a disruptor for the Malaysian banking sector, leading to both increased competition and possible consolidation. In April 2022,… Continue reading Malaysian Banking Sector Enters Transformative Phase
Fintech Could Be SMEs’ Credit Lifeline While access to finances has been a concern for small enterprises, fintech is looking to fill the gap. There are close to 71 million small businesses in Southeast Asia. These enterprises employ over 140 million people and account for almost 99% of the business in the region. But this segment still… Continue reading Fintech Could Be SMEs’ Credit Lifeline
Tokenisation: A Tool to Avoid E-Payment Frauds With rapid adoption of digital payments across the globe, pandemic accentuated adoption of digital payments by many first time users. Per IDC report, In SE Asia alone, digital payments is projected to grow by 162% to $179 billion by 2025. There will be 188 million new users of… Continue reading Tokenisation: A Tool to Avoid E-Payment Frauds
How the Pandemic Accelerated Digital Payment Systems The coronavirus outbreak and the extended lockdowns had a significant impact on the financial systems of the world. With restricted mobility and the lack of access to traditional services, finance moved online. Wallets became digital. Virtual payments replaced cash. Much like the rest of the world, the ASEAN… Continue reading How the Pandemic Accelerated Digital Payment Systems
Indonesia’s New Sovereign Wealth Fund To Help Finance Growth Southeast Asia is not a stranger to sovereign wealth funds (SWFs). In this field of play, the region has witnessed both great success and devastating failure. On the positive end of the spectrum there are GIC and Temasek (the state owned funds of Singapore that collectively… Continue reading Indonesia’s New Sovereign Wealth Fund to Help Finance Growth
