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China’s Alipay on track to top PayPal

China’s Alipay on track to top PayPal

China’s leading online payment firm Alipay is expected to top US payment provider PayPal by transaction value in two years, becoming the world’s leading e-payment service, according to Polo Shao, president of Alipay


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Credit Suisse becomes cautious on H2

(Free) One of the world’s leading private banking groups, Credit Suisse, says that while first half prospects for Asia remain sound, sentiment on the second half of the year are less clear. Joseph Tan, a chief economist in its private banking division, says growth and inflation dynamics may prove highly challenging going forward

Singapore's life industry recovers

If one word could be used to sum-up Singapore’s life insurance market it would be ‘volatile’, at least in terms of new business. This was no better illustrated than by the boom enjoyed in 2007 followed by the bust in 2008 and into early 2009. Encouragingly, solid signs of a recovery are evident.

India’s payments revolution continues

In less than 10 years, India has made enormous strides in creating the foundation of a modern payments system. Spearheaded by the Reserve Bank of India, the country has now embarked on a development process to create an electronics payment system rivaling the most advanced in the world