Finance

Climate: Rich Nations Accused Of 'Betrayal'

Climate talks in Bonn headed into their final day with rich nations accused of betraying the developing world.Poorer countries say that a promise they would be compensated for the damage done by richer countries' emissions would be honoured this year.They believed that new money to pay for the impacts of climate change that they can't adapt to would be set up.But in the discussions in Bonn, they say the issue has been side-lined by the United States (US) and Europe.For many particip

16 June 2022
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Migration And The Climate Crisis

Going beyond the headline figures of rising temperatures and sea levels, the latest report from the Intergovernmental Panel on Climate Change (IPCC) captures the full scale of the threat to human life in a heating world. It explains how extreme weather, drought, habitat and species loss, urban heat islands, and the destruction of food sources and livelihoods are all intensifying.

21 March 2022
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Power Shift: China’s Post-COVID Rise

The inevitable rise of China as a global power that is increasingly challenging the supremacy and hegemony of the United States (US) both in the Asia Pacific and the world has been one of the dominant issues that has received a great deal of media coverage. Both locally and internationally, it continuously predominates attention in foreign policy circles and among local and international academics and experts of international relations and global politics. And in as far this

1 November 2020
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The Neglected Water And Sanitation Crisis

The COVID-19 crisis has laid bare the importance of access to clean water, sanitation, and hygiene. As we all know now, hand washing is one of the best frontline defenses against the virus.

10 September 2020
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Digital Finance For A Fairer Post-COVID World

Today’s unprecedented COVID-19 crisis has prompted billions of people to work, socialise, and consume digitally. This shift creates a historic opportunity to unlock the potential of digitalisation to finance more inclusive, sustainable development. Digitalisation is transforming every aspect of finance.

9 September 2020
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More Women Tapping On Fintech?

Southeast Asia has a growing fintech ecosystem which provides innovative services such as loans and payment platforms. Fintech fosters a financial inclusion strategy that can reduce the growing wealth gap and provide the poor with critical resources.A 2019 study by ValueChampion, a Singapore-based personal finance and consumer research brand, placed Singapore second after Australia as one of the ‘Best countries for women in fintech in Asia-Pacific’.

29 August 2020
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Blockchain in the financial world

Blockchain is an online distributed ledger which allows parties to conduct secure (encrypted) transactions on a decentralised platform where time-stamping ensures that every data is easily traceable. It functions on peer-to-peer networking where there is minimal third-party interference.Blockchain is not a concept, but a technical application to log data in a way that it cannot be changed or erased de-centrally.

15 December 2019
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Thriving landscape for women in fintech

Due to Southeast Asia’s largely unbanked and underbanked populations, the region has a growing fintech ecosystem which provides innovative services such as loans and payment platforms.

9 September 2019
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Digital fraud on the rise in ASEAN

Financial institutions are reporting losses in the billions. According to a whitepaper published by Accenture titled ‘Unmask digital fraud today’ on digital fraud, the expected global loss associated with transaction fraud is worth at least US$31.3 billion.The advances in technology and high-speed internet have transformed the payment market, giving financial institutions unprecedented access to consumers.

22 August 2019
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Southeast Asia faces growth risks in 2019

Last year, economists predicted Southeast Asia would be blessed with a strong and vibrant 2018. For next year, they’re not quite so optimistic.Moderating economic growth and higher interest rates lie ahead. The Federal Reserve is set to keep everyone on edge as it navigates an even trickier interest-rate path in 2019, while the trade war between the U.S. and China is already hurting exports in the region.

26 December 2018
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Markets that matter most to ASEAN’s growth: Financial services

Over the past decade, the financial services sector in Southeast Asia has seen growth that is nothing short of impressive. A more integrated approach in this sector has facilitated great strides in economic prosperity, with an increase in the region’s GDP standing as a testament to the methodical planning among ASEAN member countries.

21 May 2018
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Understanding blockchain

Bitcoin cryptocurrency has been receiving some bad press in Asia recently because of the lack of a central regulating authority for transactions. While Southeast Asian governments’ have their reservations about Bitcoin, they are remarkably interested in the underlying technology called blockchain.Breaking down the blockchainAt its most basic level, a blockchain is just a data structure combining different technologies into one, depending on an operator’s choice of configuration.

9 January 2018
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