Hobeng Lim was appointed managing director to lead the finance sector in the Gelephu Mindfulness City. FA spoke to him about his new role, and how finance can embody the concept of ‘mindfulness’.
While a smaller size signalled a yet-to-rebound Hong Kong stock market, Lianlian is the first fintech firm to be approved by the CSRC since its registration-based new rules.
At Hong Kong FinTech Week, panelists shared their views on the capacity for fintech developments to improve regulatory and ethical standards, including ESG, across Asia’s financial markets.
New regulations for data and mandatory reporting are acting as a catalyst for making the country a regional ESG hub, a key topic at this week's Singapore Fintech Week.
The region’s start-up scene shows strength in weathering the sector’s global slowdown, with fintechs emerging as top performers. Financing the future remains crucial and Asia's regional capital markets are demonstrating how to move forward.
Asia’s fintech funding in 2023 might be lagging its US and European counterparts, but interest is strong in leveraging artificial intelligence and regtech throughout the region.
India’s domestically-driven economy and Indonesia’s commodity-led exports should provide some resilience despite a more challenging operating environment characterised by higher global inflation, rising interest rates and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions at Fitch Ratings discusses the prospects for India and Indonesia’s finance and leasing sector in the current economic environment.