MAS is studying the potential for allowing "digital-only banks with non-bank parentage."
PolicyStreet can now work directly with all 47 life and general insurance and takaful providers in Malaysia.
Grab Philippines said that the 8,000 TNVS drivers will be deactivated by June 10.
Mergers of weaker small banks with stronger peers is seen by analysts as the best option for a sector reeling from rising bad loans and funding costs.
Ola has previously attempted to operate electric cars in the country, but with little success given inadequate infrastructure and high costs.
A bipartisan group of U.S. lawmakers have introduced a bill to force Chinese companies listed on American bourses to submit to regulatory oversight.
Uber said its tax benefits are to be cut due to the company’s "transfer pricing positions."
The three operators are Luno Malaysia, SINEGY Technologies and Tokenize Technology.
The People’s Bank of China said it doesn’t have plans to take over other institutions and that it’s confident in maintaining financial stability
The Competition Commission of India (CCI) is engaged in what it describes as a "fact-finding exercise" aimed at better understanding the e-commerce se
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