New digital financial infrastructure, new regional free trade agreements, and decisive leadership in the emerging sustainability and green agenda bode well for international RMB adoption.
Ravi Menon, managing director of the Monetary Authority of Singapore speaks during the Singapore FinTech Festival 2021 on the future of money, finance and the internet.
The push for climate change considerations puts pressure on financial services companies to develop and use advanced technologies such as blockchain that promises improved governance.
Several high-profile attacks in the last year have highlighted the risk of cyberattacks on third-party vendors to financial firms, their customers and the financial system. Security principles should be part of a robust and systematic protocol for managing these third-party risks
Hrishikesh Unni, managing director of Taurus Wealth Advisors, discussed the evolving global family office landscape and how private investors are increasingly seeking help for wealth management services through independent advisors.
The bank established advanced measures and processes to monitor liquidity risk and allocate responsibility for liquidity management. The bank enhanced its liquidity crisis capabilities and delivered KPIs above the minimum requirement during the pandemic.
In this Leadership Perspective Series, Nguyen Duc Thach Diem, CEO at Sacombank, discussed how digital transformation creates a resilient organisation and operations, the use of advanced technologies in the digital era and the initiatives to help customers who are facing financial difficulties.
With 41% of China's $45 trillion in banking assets and 27% of its $30 trillion in loans exposed to the property market, authorities are likely to initiate an orderly distribution of distressed assets of real estate developers such as Evergrande that failed to meet the “three red lines” limit on debt liabilities. Leveraged expansion sabotaged Evergrande’s sustainability while profit from property development shrunk for three consecutive years.
Alibaba and JD.com continue to set new sales records during the Double 11 shopping event, although growth decelerated amid China’s slowing economy and stringent technology sector scrutiny. Sustainability and inclusiveness have become key focuses.
Techcombank partnered with cloud computing platform Amazon Web Services to enhance the bank’s cloud capabilities and to promote cloud adoption in Vietnam as the country’s financial services sector continues to mature.
Industry experts from technology companies highlight the rapidly evolving customer needs, business models and payment landscape that force institutions to strategically rethink their technology for transformative disruption
In this conversation, David Moser, author of “A Billion Voices: China’s search for a common language”, talked about the political and cultural backdrop behind the adoption of Putonghua as the lingua franca of China.
Global mobile phone users are projected to reach 4.8 billion by 2025, compared with 2.8 billion users in 2020. Businesses are tapping into this vast market as mobile wallets gain an increasing share of the payments market.
Military Commercial Joint Stock Bank (MBBank) has been named among the Best Companies to Work for in Asia 2021 by HR Asia, Asia’s leading HR magazine, for the first time.
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