Asia Banking Research

Nov

Sea falters in the third quarter

Across Southeast Asia, the business models of platform companies are being put to the test – and the results are still inconclusive. We can appreciate that a focus on quarterly earnings may obscure positive long-term trends – and Sea did not have the best quarter – but it is undeniable…

Nov

Asia Banking Research

Will Bukalapak make a profit this year?

Not all Southeast Asian platform companies are created equal, nor do they perform equally. Unlike some of its counterparts, Bukalapak has never swung for the fences. Rather, it has focused on its substantial home market of Indonesia and building a digital services ecosystem for Southeast Asia’s largest economy that increasingly…

Nov

Asia Banking Research

Assessing the evolving money laundering saga in Singapore

The plot continues to thicken in one of the largest money laundering cases in Singapore’s history. Complicating matters is the sensitivity of certain aspects of the case, given the large number of ethnic suspects with ties to China and the multiple banks both local and international ensnared in the ongoing…

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