

World's wealthiest people hit USD10tr, tech titans lead
The world’s 500 wealthiest individuals reached a combined net worth of nearly USD10tr in 2024, helped by a surge in US technology stocks....
Jan 6


Asia First and Startups Community Asia Ltd Unite to Empower Entrepreneurs and Investors
Startups Community Asia Ltd , which operates leading platform for entrepreneurs, StartHub Asia, and Asia First , a prominent source for...
Jan 3


Singapore beats forecast, grows 4% in 2024
Singapore’s economy expanded 4% year on year in 2024, surpassing 2023’s 1.1% growth. Fourth-quarter GDP rose 4.3%, slower than Q3’s...
Jan 3


Thailand joins BRICS as partner country
Thailand joined BRICS as a partner country on 1 January 2025, as confirmed by the Ministry of Foreign Affairs. The announcement came from...
Jan 3


South Korea expands support for trade-hit firms
South Korea will implement a new trade rule to expand support for companies affected by trade agreements, the industry ministry said. The...
Jan 2


Vietnam enacts major economic reforms from January 1, 2025
Starting January 1, several key economic policies will take effect in Vietnam, including new transport regulations, tax adjustments, and...
Jan 1, 2025


Xi projects 5% GDP growth for China in 2024
China’s gross domestic product is projected to grow around 5% in 2024, President Xi Jinping said, signaling the economy is on track to...
Jan 1, 2025


South Korean main business lobby solicits support for local economy
South Korea’s main business lobby has sent letters this week urging support for the Korean economy from 33 global counterparts amid...
Dec 30, 2024


Japan central bank remains cautious on rate hikes
Bank of Japan governor Kazuo Ueda has made cautious remarks, signalling no rate hike next month, prompting the yen to weaken. Ueda said...
Dec 27, 2024


Indonesia secures USD7.4bn in new Chinese investments
Indonesia secured USD7.4bn in new investment commitments from China, covering polysilicon, fiberglass, polyethylene terephthalate (PET),...
Dec 26, 2024


South Korea warns of economic slowdown amid political turmoil
South Korea’s finance minister said a slowdown in economic growth is unavoidable as the government prepares to lower forecasts for this...
Dec 25, 2024


Thailand sees 90,000 new businesses in 2024
Thailand’s Department of Business Development (DBD) projects nearly 90,000 new businesses will register in 2024, a 2-3% increase...
Dec 25, 2024


Foreign firms in HK surge to 9,960, employment rises
Hong Kong hosted 9,960 firms with parent companies outside the city this year, a record high and a 10% increase from 2023, government...
Dec 24, 2024


Losses widen at Singapore’s digital startup banks
Singapore’s digital banks remain loss-making despite increased revenues since their launch about two years ago. GXS Bank, backed by Grab...
Dec 23, 2024


South Korean economy grows 6.9% per year since 1954
South Korea’s economy grew at an annualised average of nearly 7% after a revision in the base year for economic growth data, central bank...
Dec 20, 2024


China-US economic group meets in South Africa
The China-US economic working group held its seventh meeting in Johannesburg, South Africa, China’s Ministry of Finance said. The...
Dec 19, 2024


World Bank identifies excessive tax evasion and too few audits in Indonesia
At least one in four Indonesian firms evaded tax last year, a World Bank survey found, citing perceptions of widespread tax avoidance and...
Dec 19, 2024


Vietnam set to beat 7% GDP growth target for 2024
Vietnam's GDP growth is on track to surpass its 7% target for 2024, aided by supportive policies and stronger export performance, Deputy...
Dec 19, 2024


Top global leaders to convene at Hong Kong’s AFF 2025
The 18th Asian Financial Forum (AFF), set for January 13-14, 2025, will convene more than 100 global policymakers, investors, and...
Dec 19, 2024


South Korean businesses push parliament for economic certainty
SK Group Chairman Chey Tae-won, who also leads the Korea Chamber of Commerce and Industry, called for stable economic policies amid...
Dec 18, 2024







