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Singapore makes e-payment simpler with PayNow, Fast

SINGAPORE: Funds transfer services PayNow and Fast (Fast And Secure Transfers) will soon become more widely used in Singapore, with financial institutions other than banks tapping the platforms. This is set to make e-payment adoption simpler for both businesses and individuals. Starting February 2021, eligible non-bank financial institutions would have direct access to the banking […]

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Thailand: Bank shares improve on vaccine news

Bank share prices rallied by about 30% in November as investors gained confidence in an economic recovery amid progress in the development of Covid-19 vaccines, say analysts, although non-performing loans (NPLs) are expected to surge in the second half of 2021 once debt relief schemes come to an end. Charlie Kueyen, an analyst at KGI […]

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Philippines: Pandemic may spur more M & A

MANILA, Philippines — The Philippine business environment may see a number of asset purchases and mergers and acquisitions as some bigger companies and private funds are gobbling up those hit by COVID-19, seizing opportunities in the “new normal.” Many private equity funds abroad, for instance, are taking interest in some Philippine companies that may need […]

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