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Bass Oil looks for new opportunity in Indonesia, Australia

March 16, 2021

 

MELBOURNE - Bass Oil Limited has increased its focus on expansion plans -- with potential Australian acquisition opportunities now on the company's radar for the first time, as well as increased activity in Indonesia. The Company says it intends to leverage its existing profitable production operations in Indonesia to grow via acquisition and exploration and development.

Manila’s first all-digital bank offers 6% deposit rate

March 18, 2021

-With game-changing deposit interest rates of up to 6% p.a., Tonik offers deposit, payment, and card products to consumers through its revolutionary proprietary app

MANILA, Philippines, March 18, 2021 /PRNewswire/ -- 

 

 

MANILA -- Tonik, Southeast Asia's first digital-only bank, has launches as the first neobank in the Philippines, seting out to fundamentally disrupt the Filipino retail banking industry. It is offering up to 6% deposit rates, along with payment and card products.

Declining engagement in FX Options among Asian businesses

March 24, 2021

SINGAPORE -- Small and mid-sized businesses in Asia are turning away from FX Options as uncertainty from the coronavirus pandemic fuels volatility in major currency pairs, latest research from East & Partners Asia reveals. Just one in three (33%) businesses in the region now use FX Options to mitigate currency risk, slipping 11% from a year ago, while Forward FX adoption reaches a record high of 4%.

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