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Indonesia Urged to Deepen Policy Coordination as Growth Holds Amid Global Headwinds
Indonesia’s economy expanded 5.0% in 2024, supported by firm domestic demand and a rebound in exports and tourism, but rising global uncertainties in 2025...
UAE and Indonesia Enhance Payment Cooperation
The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) to bolster bilateral cooperation in payment systems,...
Superbank Secures Additional Investment from Grab, Singtel, and KakaoBank
Superbank announced today that it has secured an additional IDR 1.2 trillion (about $80 million) investment from its shareholders, Grab, Singtel, and KakaoBank.
This infusion...
WeLab Raises $220m in Series D, Targets SE Asia Expansion, AI Push
WeLab, a pan-Asian fintech platform, said it has closed a $220 million Series D strategic financing round, in what it called Asia’s largest digital...
OCBC Adds Eight Southeast Asian E-Wallets to App for Remittances
OCBC said it has added eight major Southeast Asian e-wallets to its mobile banking app, letting customers in Singapore send money directly from their...
DBS, Austrade Sign MOU to Boost Australia-Southeast Asia Investment Ties
DBS Bank and the Australian Trade and Investment Commission (Austrade) signed a memorandum of understanding (MOU) to promote cross-border trade and investment between Australia...
Fitch Sees Stable Outlook for Most APAC NBFIs Despite Global Uncertainty
Fitch Ratings said on Monday that sector outlooks for most non-bank financial institutions (NBFIs) in Asia-Pacific remain neutral mid-year, highlighting resilience despite slowing global...
Atome Secures $75M Facility from Lending Ark to Expand Credit Access in the Philippines
Southeast Asia’s buy now, pay later (BNPL) platform Atome has secured a US$75 million asset-backed financing facility from Lending Ark, a move aimed at...
Klook Launches SG60 Passport with $6 Deals to Celebrate Singapore’s 60th Birthday
Travel and leisure platform Klook unveiled the SG60 Passport to Adventure, a year-long campaign offering discounted local experiences starting from S$6 to commemorate Singapore’s...
US tariffs present opportunity, challenge for PH exporters – industry leader
A recent decision by former U.S. President Donald Trump to impose sweeping tariffs across Asian trading partners could have mixed impacts on the Philippines,...