Mastercard has appointed Minsook Cho as Country Manager for Singapore, reinforcing its leadership presence in one of Asia’s most important fintech hubs.
Venture capital continues to shape the fintech landscape in Asia. Peak XV Partners has closed USD1.3B across three new funds targeting technology and fintech startups.
Cross-border payouts remain a key challenge for freelancers working globally. TerraPay and Raenest are partnering to simplify international income transfers.
Artificial intelligence is increasingly shaping financial services infrastructure. DBS Bank and Granite Asia are launching a USD110M partnership to support AI companies approaching public markets.
Nickel Asia Corp. reported a 312% surge in profits for 2025, driven by stronger nickel prices and higher export volumes. The results highlight the Philippines’ growing role in global nickel supply chains.
The Philippine government has opened bidding for major coal mining areas, including the strategic Semirara Island concession. The move introduces a competitive process ahead of the current contract’s 2027 expiration.
The IEA reports that coal demand in Southeast Asia is growing faster than in most other regions, reflecting rising electricity needs. The transition challenge is becoming more complex.
A new Asia fintech regulatory update highlights tighter supervision of virtual assets and operational resilience. Fintech firms may need to reassess cross-border compliance strategies.