DBS

Vietnam's companies drove the fastest revenue growth in the Southeast Asia 500, with $177.9 billion in revenue and 10.5% growth, outpacing the regional average. Singaporean banks led profitability, while Thai Airways and True Corp. achieved notable turnarounds. Total regional revenue reached $1.88 trillion, up 3.4% from 2025, with Vietnam contributing a quarter of this year’s growth despite holding less than 10% of total revenue.

DBS, a Singapore-based bank, will offer tokenized gold to retail customers. This move allows customers to invest in digital representations of gold through the bank's services.

DBS predicts a 50 basis point increase in Indonesia's interest rates in the second half of 2026. The bank suggests there is room for further rate hikes in the latter half of 2026.

Granite Asia is launching a private credit fund and will tap into DBS' wealthy clients for investment. The fund will provide an alternative investment option for high-net-worth individuals. Granite Asia's partnership with DBS will expand its reach in the private credit market.

Singapore's DBS plans to open more wealth centers to cater to affluent Asians seeking financial advice. The expansion reflects growing demand for wealth management services in the region.