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Articles and opinions by Foo Boon Ping
Several central banks are in different stages of implementing fiat digital currencies. Beyond domestic and retail applications, national central bank digital currencies (CBDC) can also be linked to facilitate cross-border and wholesale…
ASEAN member countries have taken steps to advance cross-border interoperability of standardised quick response (QR) code for payments and introduce innovative real-time remittances, in order to achieve cross-border real-time retail payments…
WFE has just published its latest market highlights report that studied the impact of the events of 2020 on markets across capitalisation, listed companies, IPOs, volumes and value traded in multiple assets classes including equities, derivatives…
DBS full-year 2020 net profit fell 26% to SGD 4.72 billion ($3.5 billion) despite record operating profit of SGD 8.43 billion ($6.3 billion) as total allowances quadrupled and net interest margin hit new low
Significant risks to asset quality and profitability persist for banks in the region as start of COVID-19 vaccination may not ensure sustained and even economic recovery
The World Bank expects growth in emerging markets and developing economies in East Asia and Pacific to rebound to 7.4% in 2021 as the pandemic subsides with more widespread COVID-19 vaccination. However, should there be a protraction of…
After a COVID-19 led delay, the Monetary Authority of Singapore finally announced the winners of four of five digital banking licences that it planned to issue, with some notable contenders missing out.
Exceptional leadership is demonstrated and proven during periods of sustained challenges and adversities to deliver strong and sustainable outcomes.