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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GBG: Six predictions for the financial services and fraud landscape in 2021
For FIs in Asia Pacific emerging from or preparing to emerge from the pandemic, such as Singapore, Australia, Vietnam, and Taiwan, while confidence will be relatively higher, spending will be cautious, as maintaining substantial cashflow will remain a priority. Rather than overhauling fraud and compliance systems, FIs would likely choose to recalibrate, update and optimise their digital onboarding as well as payments and transaction monitoring technology. Investments would be specific to address prominent gaps and data intelligence. Alternative data to onboard more challenging cohorts, creating readiness against cyber endpoint threats, and relationship analysis may be considered to address acquisition growth strategy and growing volumes and complexity of online fraud attacks. … [Read more...] about GBG: Six predictions for the financial services and fraud landscape in 2021
Corporate bond market forecast to be robust this year
“A credible local rating agency is a key missing ingredient in Viet Nam’s otherwise flourishing corporate bond market. Partnerships with global rating agencies would unlock the market’s potential, but these agencies want certainty that the demand for ratings is real,” ADB wrote. — VNS … [Read more...] about Corporate bond market forecast to be robust this year
P2P lending needs better management to avoid black credit
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
Oppa Kim Woo Bin arrives in Singapore!
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!