The benchmark VN-Index rose 14 percent last year to end at 1,103.87 points. The markets had fallen sharply in March and July because of Covid-19 outbreaks, but bounced back quickly as the government managed to contain the spread and maintain economic growth. … [Read more...] about Stock brokerages’ earnings jump as surging markets attract record investor numbers
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In 2021, the industry is already seeing FIs and fintechs race to deliver instantaneous services through new financial products, with GBG's latest research finding 31% of FIs in APAC planning to offer instant bank accounts and instant loans, 29% planning to offer instant credit cards, and 22% planning to offer user voice activated fund transfers and bill payments. To take CX to the next level, there is a probability that the financial services sector will explore replicating successes from other industries, such as retail businesses that have effectively used augmented reality (AR) and virtual reality (VR) technologies to re-create in-store experiences, which could be used by banks to create virtual in-branch experiences. … [Read more...] about GBG: Six predictions for the financial services and fraud landscape in 2021
ADB pointed out that after years of sluggish growth, Viet Nam’s corporate bond market had blossomed. Issuances grew at a compound annual growth rate of 40 per cent between 2012 and 2019, and outstanding issuances amounted to around 11.5 per cent of Viet Nam’s GDP – the fourth-highest in ASEAN, and further gains were likely. … [Read more...] about Corporate bond market forecast to be robust this year
Facing developments of P2P lending, Pham Tien Dung, director of the Payment Department from the State Bank of Viet Nam, spoke at a recent press conference on the implementation of banking sector tasks this year, saying: “SBV is continuing to monitor the market for appropriate management solutions.” … [Read more...] about P2P lending needs better management to avoid black credit
Madame Tussauds Singapore is based at Imbiah Lookout. Come and enjoy the brand-new K-wave zone with the SingapoRediscovers Vouchers. Visit the family fun attraction and get 5 experiences for only 1 ticket. For more information on how to redeem these vouchers and to know what the 5 experiences are, please visit our website www.madametussauds.com/Singapore. … [Read more...] about Oppa Kim Woo Bin arrives in Singapore!