News

Bank Indonesia’s foreign exchange reserves stood at USD 151.9 billion heading into the March decision—above the international adequacy standard but declining. The reserve trajectory is now a metric worth watching alongside the rate.

The step underscores Japan’s preparedness to respond to shocks affecting global oil distribution.

Kredivo Group acquires 100% of Timo, Vietnam's first digital bank, merging BNPL infrastructure with licensed banking across two of Southeast Asia's top fintech markets.

Salmon Bank secures PHP 400 million from parent Salmon Group, bringing total equity to PHP 1.6 billion ahead of a planned thrift banking licence application in 2026.

EBANX opens its Asia-Pacific headquarters in Singapore on March 24, backed by a MAS Major Payment Institution licence and 48% total payment volume growth in 2025.

At a March 11 Senate hearing, the Petroleum Association of the Philippines cited a ₱5.50/kWh gap between Malampaya gas and imported LNG as grounds for shifting fuel priorities amid the global supply crisis.

GE Vernova announced a $200 million HVDC transformer plant in Hai Phong on March 10, making Vietnam only the third country globally to host this manufacturing capability alongside the UK and India.

Singapore continues to anchor leadership decisions at cross-border payment firms, with Thunes reinforcing the city-state's role as a global fintech hub.

Cross-border fuel purchasing by residents entering Vietnam from Laos reflects how quickly regional supply chains collapsed relative to the speed of retail pricing frameworks in responding.

Institutional clients no longer need separate relationships with unregulated venues, Singapore Gulf Bank is consolidating it all under one regulated roof.