South-East Asia Banking Industry Newswire

Checks underway on 700,000 Thai mobile phone numbers of foreigners

PUBLISHED : 27 Apr 2025 at 12:59 Authorities will verify the names of foreign subscribers of 700,000 mobile phone numbers before deciding whether to terminate their mobile banking services in Thailand in June, according to the minister of digital economy …

North Korean Hackers Set Up US Shell Companies to Target Crypto Developers: Report

North Korean hackers linked to the state’s notorious Lazarus Group have successfully set up shell companies within the United States to distribute malware to cryptocurrency developers, in a scheme that violates US sanctions and exposes major …

Putin Says Kursk Taken Back, General Admits Deploying North Korean Troops

Amid the ongoing Russia-Ukraine war, Moscow has claimed its forces have retaken the Kursk region, but Kyiv has denied any such gains. Meanwhile, a top Russian military official has admitted for the first time to deploying North Koreans into Ukraine. …

Trump's first 100 days rattle export-driven Korean economy, highlight urgent need for tariff deal

Published: 27 Apr. 2025, 14:01 U.S. President Donald Trump speaks briefly to the media after a surprise appearance on the North Lawn, where he said he was inspecting where to put a flag pole, in Washington on April 23. [EPA/YONHAP]   A whirlwind of “ …

(News Focus) Trump's first 100 days rattle export-driven S. Korean economy, highlight urgent need for tariff deal

By Oh Seok-min SEOUL, April 27 (Yonhap) -- A whirlwind of "America First" economic policy shifts by U.S. President Donald Trump during the first 100 days of his second term has sent shock waves through the South Korean market and its trade- …

More scam victims in Singapore in debt; rise in cases seen by credit counselling agencies

SINGAPORE – When a woman whom Ali (not his real name) liked asked him to help with her part-time job, he thought he had a chance at romance. Instead, his savings were wiped out, and he is more than $25,000 in debt. Scam victims in Singapore lost a record $ …

Russia confirms North Korean troops fighting Ukraine as Trump’s patience with Putin wears thin

Russian officials confirmed for the first time publicly that North Korean soldiers have been fighting alongside them in the war in Ukraine, as U.S. President Donald Trump shows his patience is running thin with Russia on peace talks in Ukraine. North …

Rescuing the banking sector

The World Bank recently urged Bangladesh to implement a comprehensive set of reforms to restore confidence in our financial system, which has been weakened by poor governance, political interference and related lending. The multilateral lender outlined a …

Agrilever empowers Philippines rice farmers with tech solutions, farming essentials

MANILA, Philippines — Pioneering agritech startup firm Agrilever has comitted to help the country’s agricultural sector boost productivity and improve resiliency by empowering small Filipino rice farmers with technological resources and farming essentials. …

Banks keep credit standards steady

MANILA, Philippines — Philippine banks largely kept their credit standards unchanged in the first quarter, according to the Bangko Sentral ng Pilipinas (BSP)’s latest senior bank loan officers’ survey (SLOS). “Majority of the participating banks maintained …

Employee at telehealth firm WhiteCoat suspected of falsifying genetic test reports for Vietnam client

[HANOI] Singapore digital healthcare provider WhiteCoat Global has acknowledged an “isolated case” of employee misconduct, through which allegedly falsified genetic screening reports were sent to a corporate client in Vietnam. Two sources said that 300 …

Cross-Border Payments in the Digital Era: Can Banks and Fintechs Keep Up? 

By Vitaliy Shtyrkin Cross-border payments are experiencing unprecedented growth. Their current volumes of over $200 trillion are expected to increase by 5% a year until 2027. Meanwhile, the role of digital payments in international transactions is also …

Indonesia’s central bank responds to US criticism of QRIS

Scott Bessent sees good progress with Japan and South Korea in trade negotiations

US Treasury Secretary Scott Bessent said early talks with Japan and South Korea this week were “productive,” according to Reuters on Friday. After meeting with Japanese Finance Minister Katsunobu Kato in Washington, Bessent said he “welcomed the strong …

Philippines central bank debuts mobile app to boost ‘accessibility’

The Bangko Sentral ng Pilipinas (BSP) has launched a mobile-phone app as part of a push to ‘make BSP and other financial information and services more accessible to Filipinos and investors.’ The central bank’s app – ‘BSP Mobile’ – is designed to take …

Bank of Thailand Gears Up for Second Round of Debt Relief, Offering Lower Interest and Debt Write-Offs

  A breakdown of the estimated 1.06 million eligible accounts reveals: Borrowers with overdue payments exceeding 1 year: 750,000 accounts, 180 billion baht in debt. Borrowers with overdue payments of 1 to 30 days who underwent DR since January 1, 2022: …

Thailand's weak economy and the tariff challenge

Thailand's economy continues to face challenges because of long-standing structural factors, including an ageing society leading to labour shortages and market limitations. Business competitiveness has been stunted by overly rigid economic policies …

Cambodia, Japan Connect Cross-Border Payment System

AKP Phnom Penh, April 26, 2025 -- The National Bank of Cambodia (NBC) and the Payments Japan Association (PJA) have announced the signing of a Memorandum of Understanding (MOU) on the cooperation of cross-border QR code payment between Cambodia's KHQR …

Flagstar plans to hire 80 to 90 more commercial bankers this year

Dive Brief: Flagstar Bank plans to hire an additional 80 to 90 commercial bankers this year, as the lender works to build its commercial and industrial business as part of ongoing turnaround efforts.  Hicksville, New York-based Flagstar added 15 bankers …

Compact Living Highlights Backyard Shipping Container Homes Amid Demand for Affordable Housing

LAS VEGAS, NV, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- Compact Living is addressing housing affordability with numerous Luxury Shipping Container Home Models. The company offers a basic 20’ model up to a 40’ multi-unit model, all with …

BLUJOURNAL alcanza las 10,000 visitas y amplía su aplicación de noticias para apoyar a la comunidad latina en EE. UU.

¡BLUJOURNAL supera las 10,000 visitas! 📲 La expansión de su app de noticias empodera a los latinos en EE. UU. 🇺🇸 SALT LAKE CITY, UT, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- BLUJOURNAL, una plataforma digital de noticias en español de rápido …

The Role of Annuities in a Diversified Retirement Plan - by Fraser Allport, Fiduciary

Annuities play a key role in achieving financial security. Fraser Allport explains why annuities are a fundamental building-block in a balanced Retirement Plan. DAYTONA BEACH SHORES, FL, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- Fraser …

USGrants.org Tracks Over $400 Million in Federal Funding Opportunities for U.S. Hospitals

USGrants.org Tracks Over $400 Million in Federal Funding Opportunities for U.S. Hospitals SACRAMENTO, CA, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- USGrants.org, an online portal providing access to government funding information, …

Dr. Danielle Butts Releases New Book Empowering Financial Independence and Leadership Excellence

LOS ANGELES, CA, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- Dr. Danielle Butts, a transformational speaker, author, and licensed financial professional, is on a mission to empower audiences nationwide through leadership development, …

The $68 Trillion Wealth Shift Signals Urgent Opportunity for Banks to Embrace Impact Investing

DoLand Pro empowers banks and family offices with real-time, transparent impact reports to meet the demands of next-gen sustainable investors COPENHAGEN, DENMARK, April 26, 2025 /⁨EINPresswire.com⁩/ -- A massive shift in global wealth is underway, and …

Global Treasury Hunt For The Best Cannabis for Product Development Unearths Caches across Two Continents

Pharmaceutical and CPG companies now have a reliable product source to develop consumer products BRUNSWICK, ME, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- When the U.S. Drug Enforcement Administration (DEA) announced plans to license …

GUIDE TO ROTH CONVERSIONS

GET A ROTH ANALYSIS FIRST MCKINNEY, TX, UNITED STATES, April 26, 2025 /⁨EINPresswire.com⁩/ -- For individuals contemplating whether to convert their traditional IRAs, 401(k)s, and other tax-qualified retirement plans to a Roth IRA, Retirement Tax …

Food prices matter most: sensitive household inflation expectations

By Nikoleta Anesti, Vania Esady and Matthew Naylor We construct a novel data set to investigate the sensitivity of household inflation expectations to personal experienced inflation, testing whether households weigh price changes differently across items …

XRP News: Crypto Analysts Predict $XDX Presale Sellout Within 10 Days as Over 20% Fills in First 24 Hours

SYDNEY, Australia, April 26, 2025 (GLOBE NEWSWIRE) -- XenDex team has announced that its token presale has been filled by more than 20%, just barely 24 hours after the opening presale event. The crypto community is buzzing, and XenDex is at the center of …

No KYC. 100x Leverage. $50 Welcome Bonus. Crypto Futures Trading Made Easy on BexBack.

SINGAPORE, April 26, 2025 (GLOBE NEWSWIRE) -- With Bitcoin's price fluctuating below $100,000, many analysts predict a prolonged period of high volatility in the crypto market. Holding spot positions may struggle to generate short-term profits in such …

114 millions de raisons de continuer à faire progresser la norme insuflée par l’industrie pour le partage sécurisé des ...

SALT LAKE CITY, 26 avr. 2025 (GLOBE NEWSWIRE) -- Le Financial Data Exchange (« FDX ») a le plaisir d’annoncer que l’utilisation d’API normalisées pour permettre un partage de données sécurisé et autorisé continue de croître. Selon une enquête récente, …

Best Online Casinos UK 2025: JACKBIT Rated As Top UK Casino Site

LARNACA, Cyprus, April 26, 2025 (GLOBE NEWSWIRE) -- The UK online gambling scene is thriving in 2025, with players seeking platforms that offer security, variety, and fast payouts. Amidst a sea of options, JACKBIT Casino stands out as the best online …

iLending Appoints Cedric Moore as Director of Lender Relations to Strengthen Credit Union Partnership

iLending Appoints Cedric Moore as Director of Lender Relations to Strengthen Credit Union Partnerships Amidst $1.7 Trillion Auto Refinance Opportunity ENGLEWOOD, CO, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- iLending, a national leader …

Accounting Expert Martha Barrantes Shares Essential Tax Tips for Businesses Navigating LATAM Markets

Martha Barrantes shares essential tax tips to help businesses succeed in LATAM's complex and evolving financial landscape. SAN JOSE, COSTA RICA, April 25, 2025 /⁨EINPresswire.com⁩/ -- As businesses continue expanding into Latin America (LATAM …

XRP News: XenDex Community Rises in Thousands as XRP Investors Race to Secure Remaining Presale Tokens

SYDNEY, April 26, 2025 (GLOBE NEWSWIRE) -- The momentum behind XenDex is nothing short of electric. As the first all-in-one decentralized exchange (DEX) on the XRP Ledger offering AI-powered copy trading, non-custodial lending and borrowing, and cross- …

Four-Part Mini-Summit Offered to Launch Accounting MOVE 2025

Discover actionable strategies to improve talent management and organizational growth and earn free CPE live or on-demand. HONOLULU, HI, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The Accounting MOVE Project is launching a timely and practical …

GWG Holdings Investor Update April 2025

Haselkorn & Thibaut offers free consultations to GWG investors affected by bankruptcy, helping pursue FINRA claims against advisors who sold these investments. PALM BEACH, FL, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Haselkorn …

Martha Barrantes Reveals Key Financial Strategies to Maximize Growth and Profitability in LATAM

Martha Barrantes unveils financial strategies to boost growth and profitability for businesses across LATAM in 2025. SAN JOSE, COSTA RICA, April 25, 2025 /⁨EINPresswire.com⁩/ -- Martha Barrantes, a distinguished financial consultant with over 25 …

The Emir of Saudi Arabia’s Hail Region Announces the Launch of the 'Hail Investment Forum' on May 17

The Emir of Saudi Arabia’s Hail Region Announces the Launch of the "Hail Investment Forum" on May 17 RIYADH, RIAYDH, SAUDI ARABIA, April 25, 2025 /⁨EINPresswire.com⁩/ -- His Royal Highness Prince Abdulaziz bin Saad bin Abdulaziz, Emir of …