BLM-Nusantara

Indonesia’s capital ambitions risk financial and environmental shortfalls

December 20, 2023

Indonesia’s ambitious plans for its new capital, Nusantara, are underway, yet there remains uncertainty of whether the president’s ambitious vision will be realised as there are questions over its green credentials and how the city will be financed.

Saudi and Chinese flags

China courts Saudi Arabia as part of its de-dollarisation strategy

December 18, 2023

China’s growing use of currency swap agreements — most recently with Saudi Arabia — are a key part of its strategy to lessen the global influence of the US dollar. 

Mastercard

Mastercard demonstrates interoperable CBDC for trusted Web3 commerce

December 7, 2023

Mastercard’s tested solution would enable CBDCs to be tokenised onto different blockchains, offering consumers a new option to participate in commerce. 

DBS branch

DBS announces technology resilience roadmap

December 6, 2023

Following a series of digital disruptions this year, DBS has issued an apology and laid out a roadmap to improve technology resiliency. What can banks learn from these challenges? 

Philippines payment

Philippines poised for a digital banking revolution

November 22, 2023

With a large underbanked population living in a fast-growing economy, firms taking the lead in the Philippines could be at the forefront of the country’s digital banking revolution. 

Indonesia solar power plant

Indonesia’s investment focus on green economy

November 16, 2023

Indonesia’s search for value has seen a shift towards bringing value to the industries that support its commodity production, while also contributing to the green economy. 

QR code payment

South-east Asia takes QR codes across borders

November 15, 2023

Does the region’s increasing usage of QR payments signal a wider shift towards digital finance?

HSBC Canary Wharf

HSBC steps up its tokenisation efforts

November 10, 2023

The bank’s partnership with Ant Group is the latest in a series of blockchain projects.

071123 databank

Asia bank debt issuance dives

November 7, 2023

Banks in the region are raising less debt amid uncertainties about interest rates and the growth outlook.

Astana, Kazakhstan

Rapid growth of central Asia’s IT economy may change investment prospects

November 2, 2023

As global demand for tech talent grows, could central Asia become a technology hotspot? 

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