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Insights
17-Jun-19 Trials of a new QR-payment system in Russia are beginning. If the trial is a success, the scheme would be rolled out nationwide, enhancing the country's National Fast Payment System. [image: HKTDC Research]
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13-Jun-19 Bangladesh's Finance Minister AHM Mustafa Kamal proposed to provide a two percent incentive on money remitted by expatriate Bangladeshis. "This will significantly increase the remittance inflow through legal channels and discourage the 'hundi' business," he said. [image: UNB]
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12-Jun-19 Waterdrop, a Chinese online insurance platform backed by Tencent, has raised more than a billion yuan (USD145 million) in funding led by PE firm Boyu Capital. Waterdrop started as a healthcare crowdfunding platform before branching into online insurance sales. [image: AP Photo / Mark Schiefelbein]
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Insights
05-Jun-19 With the auto sector pivoting from a buy to a lease model, Hyundai Capital is keeping a close eye on the United States, but also seeing significant upside in China, while examining new sales and distribution channels in other countries. [image: Andrew Salmon / Asia Times]
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17-May-19 ICBC-AXA Life has opened a wholly-owned asset management subsidiary in Shanghai, making it the first insurance asset management JV in China after the government announced the further opening up of the insurance industry. [image: Asia Times]
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