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Southeast Asian consumers unable to gain credit or access traditional banks are turning to neobanks. Conditions are ripe for these challengers to traditional financial institutions to make progress, although COVID-19 might threaten their disruptive potential.
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Singaporean company Bellagraph Nova wants to buy Newcastle United, one of the English Premier League’s biggest clubs. Asian companies already control teams throughout Europe but what is the appeal and what are the challenges that lie ahead?
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While malaria cases have risen elsewhere in the world, in the Asia-Pacific region, governments have set an example by reducing its spread. However, COVID-19 threatens to undo some of that work, particularly within ASEAN.
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A new report details the extent to which the coronavirus pandemic is affecting the region’s stock markets and how quickly those markets have started to recover. It offers some insight into how the region’s markets might handle future shocks.
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As schools and universities have turned to remote learning to ensure students do not miss out despite the coronavirus pandemic, a survey revealed that in Singapore, universities are handling the switch significantly better than primary and secondary schools.
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Last month, ministers from the UK and ASEAN held their first joint Economic Dialogue. It produced commitments to boost trade, create new digital partnerships and focus on building sustainable infrastructure.
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The Swiss government has pledged financial support for disaster relief and resilience across Asia. Southeast Asian nations will benefit from the commitment to enhance life-saving early warning systems.
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Companies and consumers will rely heavily on fintech products in the coming months and years as the effects of the coronavirus pandemic play out. Increased innovation and continued investments in the sector will see it go from strength to strength.
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Southeast Asian countries are among those asking Russia for stocks of its as-yet-untested COVID-19 vaccine. Why are they getting on board so quickly, and what other options do they have?
