S’pore PayNow users can now instantly transfer funds to others in India
The feature will be made available to certain customers of Singapore’s DBS bank and fintech company Liquid Group under a phased approach.
Big Picture
Japanese restaurant chain giants resume efforts to grow overseas
Operators are primarily eyeing Asia and North America as the Japanese market heads toward decline due to the nation’s dwindling population.
China’s reopening will be a big boost for the region: ADB chief economist
Mr Albert Park, chief economist of the Asian Development Bank, talks about the future of Asian trade, foreign direct investment, among others.
Bank of Japan to start new test on digital currency in April
For now, general consumers will not participate in the new experiment but BOJ employees may join to use a CBDC on a trial basis.
From food to fashion and finance, Malaysia’s halal industry seeks bigger slice of the pie
The word “halal” used to refer only to Muslim dietary requirements, but has ballooned over the years into a trillion-dollar multi-sector economic phenomenon, with even…
Cambodia mulls Alibaba deal to boost international sales
Cambodian consul-general highlighted Alibaba’s potential in familiarising China’s sizeable consumer market with Cambodian agricultural products.
Banks under fire for ‘insufficient’ contribution to Korean society
According to the Korea Federation of Banks, its new project will bring a support effect of around US$7.8 billion to society over the next three years.
Japanese auto unions demand wage hikes over ¥10,000
The trend in wage increases at the major auto-makers will be closely watched, as it will likely spread to other industries during the spring wage negotiations.
South Korea logs smallest job gain in 2 years
The pace of increase has slowed for eight months in a row since May last year, indicating a shrinking labour market.
Hong Kong talent to create win-win situation for Hong Kong, Hainan: Chief exec
Noting that Hong Kong has a large pool of talent in various sectors, John Lee said he held that such talent could mutually benefit the SAR and Hainan.