Registration is open for Project Finance & Project Financial Modelling Online Masterclass

Singapore, Feb 15, 2023 – (ACN Newswire via – Infocus International Group, a global business intelligence provider of strategic information and professional services, has launched the Project Finance & Project Financial Modelling online masterclass and it will be commencing live on 9th May 2023. Today’s project finance (PF) transactions require a higher level of […]

House banking committee approves bill amending FIST law 

A BILL proposing amendments to the Financial Institutions Strategic Transfer (FIST) Act of 2021 has cleared the House banking committee.    The committee approved House Bill No. 6773, an amendment to Republic Act No. 11523, also known as the FIST Act.   FIST authorizes the transfer of bad assets held by financial institutions to asset management companies, […]

Infocus International Brings Back Renewable Energy Project Finance & Financial Modelling Masterclass

Singapore, Feb 10, 2023 – (ACN Newswire via – Infocus International Group is bringing back the Renewable Energy Project Finance & Financial Modelling online masterclass and it will be commencing live on the 7th March 2023. The objective of this course is to provide participants with an enhanced understanding of the financial modelling and […]

NEA wants finances to play bigger role in power cooperative ratings

THE National Electrification Administration (NEA) said it is seeking to amend the classification system for electric cooperatives (ECs) to better reflect their technical and financial capacity. “I want (the categories to reflect) the true state of operations both on the technical and financial management aspects,” Antonio Mariano C. Almeda, NEA administrator, said in a briefing […]

GenTwo Continues Growth Story, New Inflows of Over US$1 Billion

ZURICH, SWITZERLAND, Feb 1, 2023 – (ACN Newswire via – The international securitization specialist GenTwo celebrates its 5th anniversary and looks back on a fast-paced development. In 2022 the number of new products increased by 60% and international business doubled. The business momentum of GenTwo and its subsidiary GenTwo Digital has progressively picked up […]

World Bank approves $600-M loan to support PHL financial sector

THE World Bank has approved a $600-million loan to make the Philippine financial sector more resilient against shocks and boost the economic recovery.  “Policy actions that strengthen the stability of the financial sector — including banks and insurance companies — will help Filipino families, businesses, and investors withstand financial shocks and enhance their resilience by […]

ADB warns of risks as cross-border banking takes hold in region

CENTRAL BANKS in Southeast Asia need to prepare liquidity support and safety nets to mitigate any risks stemming from financial digitalization and cross-border banking, the Asian Development Bank (ADB) said on Monday.  In a report, the ADB said digitalized transactions have been beneficial to the banking industry in the Association of Southeast Asian Nations plus […]

Infocus International Brings Back Public-Private Partnerships In-Person Course in Singapore

Singapore, Jan 25, 2023 – (ACN Newswire via – The Public-Private Partnership (PPP) workshop is back for 2023 in Singapore. Infocus International is delighted to bring one of their best events to professionals from all around the world and it will be commencing on 6th February 2023 in Singapore. We need new infrastructure. Roads, […]

AIZEN, Expanding EV Financing through AI Finance

Seoul, Korea, January 13, 2023 – (SEAPRWire) – AIZEN, an AI finance company ranked second in the Singapore Fintech Awards, declared that it is expanding E-mobility financial services through AI-based banking service, ‘CreditConncet’. In particular, it was announced that it formed partnerships with fast-growing local mobility companies in the Asian market to supply banking services using data from […]

Linework Releases Its App, a New Way of DeFi

Milan, Italy, January 09, 2023 – (SEAPRWire) – Recently, Linework has released the beta version of its App and started the journey to reach a new way of DeFi. While individuals and institutions are already starting to explore decentralized financial systems due to the significant increase in cryptocurrency investments, Linework facilitates access to these technologies and benefits of Decentralized Finance (DeFi) […]

Overwhelming interest among global financial leaders to attend 16th Asian Financial Forum

HONG KONG, Jan 6, 2023 – (ACN Newswire via – The 16th Asian Financial Forum (AFF), organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), will once again be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 11 and 12 […]

ICT expert Reynaldo C. Lugtu, Jr. talks about how financial institutions must educate consumers on glitches and breaches

Though digital adoption provides opportunities for financial inclusion, with it come issues of security, trust, and lack of knowledge. Financial institutions therefore have a responsibility to coordinate with regulating bodies like Bangko Sentral, and properly communicate with their consumers to educate them about various risks and how to deal with them.

BSP launches info drive to educate Filipinos on ‘cyber hygiene’

THE Bangko Sentral ng Pilipinas (BSP) has partnered with the Bankers Association of the Philippines (BAP) and the Bank Marketing Association of the Philippines (BMAP) in rolling out the “Check-Protect-Report” (CPR) information drive to foster cyber hygiene among Filipinos. “Check” is about being careful when sharing information as legitimate banks and financial institutions (FIs) will […]

Fintech Revolution Summit 2023 to be Held in Morocco

Casablanca, Morocco, Dec 28, 2022 – (ACN Newswire via – TraiCon Events will be hosting Morocco’s premier fintech event titled as “Fintech Revolution Summit” supported by Union of Arab Banks scheduled on the 27-28 February 2023 at the Hotel Sofitel, Casablanca, Morocco. This forum will be attended by over top 300+ participants includes BFSI […]

Become financially fit this 2023: 5 money pitfalls you need to avoid

GIVEN today’s economy, consumers all have financial concerns. While worrying doesn’t solve much, having a plan to manage these challenges can help ease some of the stress. Jed Velarde, an investing advocate of COL Financial, one of the country’s leading stockbrokers, shared five money traps to avoid and ways to spare consumers from serious financial […]

MDRT Launches MDRT Global Services To Provide Innovative Growth Opportunities to Financial Services Leaders

HONG KONG, Dec 21, 2022 – (ACN Newswire via – Building on its culture of excellence and providing financial professionals with opportunities for personal and career growth, MDRT (Million Dollar Round Table) is expanding its family of brands with the introduction of MDRT Global Services. On November 1, 2022, MDRT Global Services opened for […]

Tonghai Financial Garners CarbonCare Label Three Years in A Row, “CarbonCare Label Level 3 – Achievement” This Year and “CarbonCare Star Label” Special Recognition

HONG KONG, Dec 14, 2022 – (ACN Newswire via – China Tonghai Financial Limited (“Tonghai Financial” or the “Group”), is pleased to announce that it has earned the “CarbonCare Label Level 3 – Achievement” granted by CarbonCare InnoLab in recognition of its excellence in the sustainability development and efforts towards a greener future. It […]

Digitalization of finance seen supporting inclusivity goals

THE digitalization of financial services is expected to reduce the ranks of the underserved, including rural residents, micro-businesses, and women, according to a report on Southeast Asian digital financial services issued by the World Economic Forum. “Access to finance is not uniform among ASEAN’s digital generation. Among those who sought credit support, nearly half could […]