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Business 26 Jul 2019 | 12:00 AM

Hedge funds help fuel SEA consumer lending boom

SINGAPORE: A small but rising number of hedge funds are being established to help finance the boom in online and peer-to-peer lending across South-East Asia.

TECH 10 Jul 2019 | 5:23 AM

Go-Jek snags investment from Thailand’s largest lender

Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank Pcl, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people familiar with the matter.

Business 29 May 2019 | 7:10 AM

Alliance Bank FY19 net profit higher at RM537.59m, Div 8.2c

KUALA LUMPUR: Alliance Bank Malaysia Bhd's net profit rose by 9% to RM537.59mil in the financial year ended March 31, 2019 from RM493.23mil a year ago.

Smebiz 27 May 2019 | 12:00 AM

Regulators, banks seek to reform small business loans

GOVERNMENTS and commercial banks at all levels must join forces to explore various measures to make small business loans and financing commercially sustainable, to which effective risk management is the key, said China’s banking and insurance regulatory officials.

Smebiz 11 Mar 2019 | 12:00 AM

Drones soar higher

Unmanned aerial vehicles or UAVs, commonly known as drones, are evolving from specialist gadgets to consumer electronics items on the one hand and industrial tools on the other.

Banking 26 Feb 2019 | 4:04 AM

US$22b gone, yet India's shadow banks face more dark days

MUMBAI: As key engines of loan growth in the world’s fastest-expanding major economy, they once were investor favorites. But now traders won’t go near India’s shadow banks.

Corporate News 30 Nov 2018 | 12:00 AM

Alliance Bank Q2 net profit of RM140.5mil highest in three years

PETALING JAYA: Alliance Bank Malaysia Bhd’s net profit of RM140.52mil in the second quarter ended Sept 30 is its highest in three years.

Corporate News 30 Nov 2018 | 12:00 AM

Indonesia consumers enjoy cheap loans even after rate hikes

JAKARTA: Indonesia’s central bank raised interest rates six times this year, yet consumer lending rates are still falling in South-East Asia’s biggest economy.