Money20/20 Asia called it: the infrastructure era is done. The BIS called out the structural fragility of the dollar-denominated rails it runs on. These are the same story, and OCBC’s dual move this week is the most honest answer either side has offered.
The tariff anniversary week that mattered wasn’t for what it revealed about factories. It was for what it revealed about the alternative architecture Southeast Asia has been quietly building.
This week: Kredivo buys its way into Vietnam via the Timo acquisition, an IMF report confirms Thailand leads ASEAN in digital payments while scam losses mount, and Grab’s proposed voting rights restructure raises hard governance questions for the region’s largest super-app.
