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Asian banks tear down brick-and-mortar expansion model

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08-Oct-18 Singapore's largest bank DBS is attempting to disrupt the traditional business model of physical branches in Indonesia with a branchless smartphone platform, 'digibank'. After DBS rolled out digibank in India in 2016, it captured over 2 mn customers. [image: Nikkei Asian Review]

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ICICI Bank launches Odyssey City Card in India

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05-Oct-18 ICICI Bank announced a multi-year partnership with Bhubaneswar city, capital of the state of Odisha in India, to launch a Common Payment Card System which will help citizens use a single payment option for multi-purpose city-level usage. [image: OTV]

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GCC fertiliser exports grow amidst trade tensions

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16-Sep-18 Fertiliser exports from the Gulf Cooperation Council region reached 20 mn tonnes in 2017, growing by 5.3% year-on-year and at a 6% 10-year CAGR. India, Brazil and the United States were the top three export markets. [image: Projects MENA]

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Shining outlook for consumer products in Middle East and Africa

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13-Sep-18 Industry players in the consumer products sector in the Middle East and Africa are showing signs of optimism about market prospects. In the next three years, they expect to increase sourcing in Asia, particularly in Southeast Asia, China and India. [image: HKTDC Survey]

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