Asia

Malaysia to remove GST by 1 June

Analysts expect this to bolster consumer spending by at least 8%.

Malaysia to remove GST by 1 June

Analysts expect this to bolster consumer spending by at least 8%.

Australian bank inquiry could cut 8% of the country's finance jobs

Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.

Indonesia eyes tighter fintech regulations to curb loan shark activity

Fintech firms will be compelled to be registered with authorities.

Japanese banks reportedly mulling joint ATMs to cut massive losses

Declining loan demand is squeezing the profits of the country's lenders.

Bad loans bog down Indian state banks with $1.4b loss in Q4

The banking sector is saddled with a massive $210b in problematic loans.

How can blockchain unblock Thai banks' trade finance slump?

Banks are pooling resources to break growth ceilings with the planned development of a blockchain-powered trade finance platform.

Sluggish approval rates dampen loan growth in Malaysia

Loan approvals on a 3M MA basis fell from 12.6% to 5% in March.

Growing property exposure pose risks to Philippine banks

CAGR of real estate loans stand at 22% from 2012-2017 versus overall loan growth at 17%.

India's private banks profit from demonetisation drive

The country’s ultra wealthy are shunning property and gold and turning to equity and debt investments.

Chinese banks' assets plunge to single digits in 2017 as loans take over

Intense shadow banking crackdown has reinvigorated on-balance-sheet activity.

Can Indian banks weather the last wave of bad loan resolution?

Profitability is set to suffer but cleaner balance sheets will produce benefits in the long-run.

Australian banks speed up Asian retreat as competition and oversight mounts

Amidst tighter regulatory pressures, analysts weigh in on whether Asia is still a market worth conquering.

APAC banks grapple with growing property risks

Rising property loans and household indebtedness may pose problems for banks’ balance sheets soon.

Chinese banks may ramp up lending amidst $63.62b additional liquidity

Reserve requirement ratio for big commercial banks will be lowered from 17% to 16%.

How open is Asia to branchless banking?

Approximately 55-80% of customers are considering opening an account in a digital-only bank.

APAC's bancassurers turn to blockchain to enhance offerings

CCB and AIA collaborated to offer blockchain-powered bancassurance products.