The weak sales growth for this year’s Double 11 shopping festival was largely driven by the depressed consumer sentiment and logistical disruptions under the zero-COVID policy, along with the regulatory scrutiny.
Gordian Gaeta, chairman of The Asian Banker Leadership Achievement programme questioned the responsibility of leadership towards society in a dialogue with 2022 lifetime achievement recipient, Abdul Farid Alias, former group CEO of Maybank, and CEO leadership achievement honorees for Cambodia and Thailand, Raymond Sia, CEO of Canadia Bank and Chartsiri Sophonpanich, president of Bangkok Bank
The billionaire founder of Pinduoduo Inc. and one of China’s richest men seeks scientific breakthrough in the country’s food technology sector through his philanthropic arm Starry Night Charitable Trust after resigning as CEO of his e-commerce firm, China’s biggest by users.
Ravi Menon, managing director, Monetary Authority of Singapore, in his speech at the Singapore Fintech Festival 2022 on 3 November 2022, likened fintech to the five elements of Chinese philosophy, and introduced projects that address the needs of fintech players akin to those same elements.
Opening address by Lawrence Wong, deputy prime minister and minister for finance, and deputy chairman of the Monetary Authority of Singapore, at the Singapore FinTech Festival on 2 November 2022.
DBS CEO Piyush Gupta, Public Bank CEO Tay Ah Lek and UOB CEO Wee Ee Cheong are the top three highest-paid bank chief executives in Asia Pacific in FY 2021. The combined total remuneration eared by the top ten reached $56.5 million in FY 2021, up from $53.6 million in FY 2020
Vietcombank put emphasis on fast and reliable user experience with the launch of VCB Digibank. The mobile app grew its user base by 50% YoY with an increase transaction volume of 50%.
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