Keyword: "bank"

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President Prabowo Subianto delivering a speech during the inauguration of Indonesia's first bullion bank in Jakarta on February 26, 2025). (Photo: ANTARA)

Indonesia launches nation’s first bullion banks

Indonesian President Prabowo Subianto launched two “bullion banks” on February 26 that will provide gold deposit services to help keep stocks of gold onshore as the country looks to develop its commodity sector beyond mining.

Illustrative Image (Photo: VNA)

Remittance to HCM City surges nearly 20%

Overseas remittances to Ho Chi Minh City reached nearly 5.2 billion USD in the first half of 2024, equivalent to 54.7% of last year's figure and up 19.5% year-on-year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam (SBV)'s HCM City branch.

Thai banks eye expansion in Southeast Asia

Thai banks eye expansion in Southeast Asia

According to Fitch Ratings Thailand, driven by the growth potential of ASEAN economies, large local banks in the country are likely to see significant opportunities to expand their regional business and enhance their revenue prospects.
Malaysia, Cambodia set up joint trade committee

Malaysia, Cambodia set up joint trade committee

Malaysia and Cambodia on February 27 agreed to establish a Joint Trade Committee (JTC) this year to explore cooperation potential in trade, investment and tourism that will benefit both countries, Malaysian Prime Minister Anwar Ibrahim said.
Singapore to inspect Credit Suisse’s branch

Singapore to inspect Credit Suisse’s branch

Singapore’s financial regulator will conduct an on-site inspection of Credit Suisse Group AG after at least one of its customers was charged for money laundering in a scandal that has rocked the city-state.