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Aiming for resilient recovery
AFTER the economic shock of last year threw many businesses off their feet, there has been a growing conversation around the need to build resilience in local SMEs to enable them to endure further and future disruptions.
Financial markets improved significantly in December
KUALA LUMPUR: The domestic financial markets improved significantly in December as global investor sentiment continued to improve amid expectations for an eventual normalisation of economic activities, says Bank Negara.
SoftBank Group plans a bond market comeback
TOKYO: SoftBank Group Corp plans on selling more bonds in 2021 after announcing its first issuance in more than a year.
Chinese retail banks gain consumer lending clout
BEIJING (Reuters): Chinese banks are gearing up to seize back lost business in consumer loans from fintech players like Ant Group, emboldened by a regulatory sea change that is making them more competitive.
ANALYSIS-Chinese retail banks gain consumer lending clout as fintechs fall out of favour
BEIJING: Chinese banks are gearing up to seize back lost business in consumer loans from fintech players like Ant Group, emboldened by a regulatory sea change that is making them more competitive while more hurdles are created for their online rivals.
CIMB on the right track
PETALING JAYA: CIMB Group Holdings Bhd is set to post strong earnings recovery this year, thanks to stable net interest margins (NIMs), cost savings and lower provisions.
New pandemic developments worry Indonesian businesses
JAKARTA (The Jakarta Post/ANN): Business association has called the nation’s recent surge of Covid-19 cases and hospitalisations “worrying” as the country seeks to emerge from pandemic restrictions through a mass vaccination campaign.
Corporate bond sales set to slow after a record year
NEW DELHI: Debt sales in India’s rupee corporate bond market are likely to slow significantly this year after reaching a record in 2020, according to a Bloomberg News survey of debt arrangers.
All eyes on banks’ asset quality
PETALING JAYA: Despite the banking sector showing healthy signs such as a brighter outlook with higher loan growth and profitability, gross impaired loans (GIL), however, could still weigh on the sector.
