

Fidelity: Hongkongers plan finances, yet struggle to save
A Fidelity International survey found that 98% of Hongkongers prioritise emergency savings and maintaining their lifestyle, but only 40%...
Feb 10


Vietnam extends tax relief measures to boost economy in 2025
Vietnam has extended and expanded tax relief programmes for 2025 to support businesses and drive economic growth, the Ministry of Finance...
Feb 7


Vietnam’s Da Nang aims to become regional financial hub by 2050
Vietnam’s Da Nang city aims to develop at least five financial technology (FinTech) firms with annual revenues exceeding VND1tr (USD40m)...
Feb 6


Indonesia to shift USD61bn in state assets to new investment fund
Indonesia plans to transfer at least USD61bn in state assets into a new investment fund, Daya Anagata Nusantara (Danantara), which will...
Feb 6


Hong Kong growth slows to 2.5% in 2024
Hong Kong’s economic growth slowed to 2.5% in 2024, down from 3.2% the previous year, as residents spent more outside the city, the...
Feb 5


Singapore businesses urged to stay resilient amid trade uncertainty
Singapore businesses must stay agile as trade uncertainties and cost pressures could impact growth in 2025, Deputy Prime Minister Gan Kim...
Jan 31


South Korea’s bank branches decline for sixth year amid digital shift
The number of bank branches in South Korea fell for the sixth consecutive year in 2024 as more customers opted for mobile and online...
Jan 31


Singapore enters Year of the Snake with a strong economy
Singapore’s economy grew 4% in 2024, rebounding from 1.1% the previous year, with inflation easing and unemployment remaining low, Prime...
Jan 30


Thailand targets 3%-3.5% growth in 2025
Thailand’s economy is forecast to grow 3%-3.5% in 2025, supported by stimulus measures, foreign investment, and a projected 39 million...
Jan 28


US businesses in China worry over bilateral tensions says Amcham
Over half of American businesses in China are concerned about worsening US-China relations, the highest level in five years, according to...
Jan 27


PE major Coller Capital targets Southeast Asia investors
Coller Capital, a London-based private equity secondary market investor managing USD36bn globally, is opening a Singapore office to meet...
Jan 23


Philippines finance chief seeks to woo global investors in Davos
The Philippines needs more investments to hit the upper end of its 6%-8% growth target, Finance Secretary Ralph G. Recto said. At the...
Jan 23


Asean+3 growth slows as US-China tariff tensions rise
The Asean+3 Macroeconomic Research Office (Amro) has lowered its 2025 growth forecast for Asean+3 economies, citing expected U.S. tariff...
Jan 22


Moody’s sees Philippines growth slowing to 6.1% in 2025
The Philippine economy is expected to grow 6.1% in 2025, down from an estimated 6.2% in 2024, Moody’s Ratings said in an outlook. Despite...
Jan 20


Japan bankruptcies hit 11-year high
Corporate bankruptcies in Japan topped 10,000 in 2024, the highest in 11 years, driven by labour shortages and rising import costs due to...
Jan 16


Hong Kong will continue to promote sustainable finance
Hong Kong will continue promoting sustainable finance to attract capital for green projects in the city, Mainland China, and Asia,...
Jan 15


Thailand eyes USD28.8bn in 2025 investments
Thailand expects to attract at least USD28.8bn in investment applications in 2025, as it seeks to boost its economy, the Board of...
Jan 15


Vietnam’s credit institutions predict growth, lower risks in 2025
Vietnam’s credit institutions anticipate improved business performance in 2025, with 74.6% expecting growth in the first quarter and...
Jan 14


Slow payments among Singapore firms rise for first time in six quarters
Slow payments among Singapore companies increased for the first time since Q2 2023, rising by 0.05 percentage points to 44.05% in Q4 2024...
Jan 8


Vietnam economy grows 7.09% in 2024, boosted by exports and investment
Vietnam’s economy expanded by 7.09% in 2024 to USD476.3bn, outpacing 2023’s 5.05% growth, driven by robust exports and foreign...
Jan 8







