financial services

Malaysia

Case study 1: Reimagining the financial services sector

Why did investments drop so sharply in the aftermath of the Asian financial crisis?

Startups • Entrepreneurs • Digital economy

Where will ride-hailing apps drive towards in a post-Covid-19 world?

SINGAPORE (June 26): With the rapid proliferation of 4G LTE networks across the Southeast Asia region, the gig economy is seeing a boom, driven primarily by ride-hailing apps Grab and GoJek.

Tech

Global financial watchdogs take aim at Big Tech's data dominance

(Dec 9): Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

Global Economy

Briefs

SINGAPORE (Nov 11): “The system of making capitalism work well for most people is broken.”Ray Dalio, founder of hedge fund Bridgewater Associates

Tech

More than half of financial services companies in APAC have adopted AI: survey

SINGAPORE (Sept 27): Some 52% of financial services companies in the Asia Pacific region have adopted artificial intelligence (AI), higher than the average level of 41% across industries.

Disruption and Digitalisation

Southeast Asia’s No. 1 travel app is getting into fintech

(Sept 26): Traveloka, Southeast Asia’s largest online travel startup, is getting into financial services.

Disruption and Digitalisation

Grab set for major investment in Vietnam

SINGAPORE (Aug 26): Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market, just weeks after it unv

Company in the news

Go-Jek snags investment from Thailand's largest lender

(July 11): Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people famili

Fintech

Grab is said to have discussed buying payments startup 2C2P

(June 17): Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P Pte and was turned down, according to people familiar with the matter, a sign of the ambitions Southeast As

Singaporeans love their banks but remains wary of other asset managers, finds survey

SINGAPORE (Sept 20): While a majority of Singaporeans view the city state’s financial services sector as more trustworthy than a decade ago, many are cautious towards less familiar sub-industries a

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