Despite the buzz surrounding the rise of virtual banks, Thailand’s existing financial institutions appear to retain a safe buffer against potential disruption, at least in the near term. Moody’s Ratings recently indicated that the new entrants, set to launch…
The Australian Securities and Investments Commission (ASIC) has made a significant move by canceling the license of Financial Services Group Australia Pty Ltd (FSGA), raising eyebrows across the financial sector. In a bold statement on its website, the…
Chunghwa Telecom has made a significant leap in Taiwan’s technological landscape by securing the nation’s first commercial license for low-Earth orbit (LEO) satellite services, utilizing Eutelsat OneWeb technology. This achievement marks a crucial move in…
Swiss digital asset banking group Sygnum has launched its latest office in Lugano, aiming to strengthen collaborations within the burgeoning Bitcoin and digital asset ecosystem of Ticino. This move coincides with the city’s ambitious Plan ₿ initiative, which…
Thriving Even in Economic Uncertainty: XYZ Company Announces Expansive Growth Strategy In a surprising revelation that has energized market watchers and retail news observers alike, XYZ Company recently announced a robust expansion plan which promises to…
Meta Platforms-owned Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com. The disruptions started around 10:00 am ET, with more than 300,000 reports of outages…
China Broadnet has officially launched its services, joining China Mobile, China Telecom and China Unicom to become the country’s fourth mobile operator. The state-owned telecom operator launched its official website to debut 5G mobile phone services on 27…
Australian food-delivery service Menulog has added more than 2200 convenience and grocery partners as demand surges. The company says it has experienced 23-per-cent growth since January last year with demand booming in suburban and regional markets as well as…
In a story written by Apple itself, the company today revealed how its Services unit fared in 2021. This is the business segment that Apple started to rely on after iPhone shipments peaked in 2015 and with the number of active iPhone units worldwide now at 1…
Apple has decided to change its mind and is now allowing apps for marijuana delivery services to be listed in the App Store. Apple made the change last month and the tech giant says that apps related to the consumption of marijuana are restricted to areas…
This move is in line with the change in the securities services landscape in Thailand, which has relaxed outsourcing rules to boost the efficiency of local fund managers’ operations. By outsourcing their back-office operations to HSBC, asset owners and…
Amazon announced today at the inaugural Amazon Southeast Asia Online Seller Summit 2021 additional resources and support for small and medium-sized businesses (SMBs) in Singapore to start selling online and expand globally through its stores. Amazon announced…
As handy as Google’s crazy popular translation tool has always been, there was something missing that could make all our lives even easier. We’re talking about a real-time transcription feature, which is now a thing on Android devices. This does a great deal…
BMW India has appointed Kathrin Frauscher as the new Managing Director (MD) and Chief Executive Officer (CEO) of BMW Financial Services India. Before her new appointment, Frauscher was serving as the CEO of BMW Financial Services in Denmark and has been…
The Hong Kong Cruise and Yacht Industry Association (HKCYIA) has signed a Memorandum of Understanding (MOU) with Voyager Risk Solutions Ltd to support its risk and insurance management services for superyachts, with full scale professional solutions that are…
Huawei’s continued quest to be one of the world’s largest cloud players took a small step forward with the announcement of a new partnership with Infosys. Huawei Cloud has signed a memorandum of understanding (MOU) with India-based IT firm Infosys in order to…