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Asian banks tear down brick-and-mortar expansion model

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 Insights

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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Vietnam’s first car-hailing app FastGo heads overseas

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02-Oct-18 Vietnamese ride-hailing app FastGo, positioning itself as a rival to Singapore-based Grab, plans to launch its service in Indonesia and Myanmar in Dec-18 as it hopes to become one of the top companies in the field in Southeast Asia. [image: Nikkei Asian Review]

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Healthcare companies need a tech strategy, says Malaysia's AmBank

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02-Oct-18 Healthcare will be one of the top growth sectors in Malaysia, supported by a growing upper-middle income population and medical tourism, according to AmBank. But rapid development in technology presents both challenges and opportunities to industry players. [image: The Edge Markets]

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Billionaire owner of Staples Center to build stadiums in Bangkok

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27-Sep-18 US billionaire Philip Anschutz’s sports and entertainment company AEG and Thai shopping centre developer The Mall Group plan to invest USD309 mn to build two multi-purpose stadiums in the Thai capital, including one billed as the country’s largest. [image: Isa Foltin / Getty Images]

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