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Posted on December 27, 2023

Indonesia’s Bank Mandiri ‘strikes back’ at fintech rivals

Surging downloads and use of its two-year-old digital banking apps are boosting the confidence of Indonesia’s top lender Bank Mandiri, as fintech players try to retain existing customers while looking for more among the country’s large unbanked population, the bank’s chief told Nikkei Asia.

Posted on December 27, 2023

China warns ‘military fans’ they could face prison for posting photos online

In the age of open-source intelligence, one main way for Western experts to keep tabs on the Chinese military is by analyzing photos of new People’s Liberation Army equipment posted online by amateur ...

Posted on December 27, 2023

The 21-year-old ‘retiree’ who left China’s rat race for life in the rural mountains

Perched up against the edge of a cliff in China’s southwest Guizhou province is the bamboo shack 21-year-old “retiree” Liu Youwen built from scratch.

Posted on December 27, 2023

China’s industrial profits extend gains for 4th month in Nov

China's industrial profits extended gains for a fourth straight month in November, even as weakening demand ate into business growth expectations, emboldening calls for more policy support. The 29.5% ...

Posted on December 27, 2023

Tencent, NetEase shares rebound after China regulator’s assurance on new rules

China gaming counters plunged Friday after fresh draft rules aimed at curbing excessive online gaming were released.

Posted on December 27, 2023

Yearender: Macao makes solid progress in economic diversification in 2023

The Macao SAR government put forward the strategy for appropriate economic diversification in its policy address for 2023 to build Macao into a world tourism and leisure center and develop its ...

Posted on December 27, 2023

Yearender: Macao makes solid progress in economic diversification in 2023

The Macao SAR government put forward the strategy for appropriate economic diversification in its policy address for 2023 to build Macao into a world tourism and leisure center and develop its ...

Posted on December 27, 2023

Macau among top five richest regions, Hong Kong ranks 12th – Survey

Macau has been ranked as the fifth wealthiest region in the world, with its per-capita gross domestic product (GDP) based on purchasing power parity (PPP) ...

Posted on December 27, 2023

Maldives: Financial System Stability Assessment; and Press Release

Maldives is a tourist dependent economy with a small financial sector dominated by state-owned banks. Protracted fiscal and external deficits have raised concerns about debt sustainability and the ...

Posted on December 27, 2023

Maldives: Financial System Stability Assessment; and Press Release

Maldives is a tourist dependent economy with a small financial sector dominated by state-owned banks. Protracted fiscal and external deficits have raised concerns about debt sustainability and the ...

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