

Hong Kong’s luxury appeal slips among mainland elite
Hong Kong’s appeal to mainland China’s first-tier city luxury consumers declined by 5%, while its attractiveness surged 20% among...
Dec 17, 2024


Standard Chartered lowers HK’s 2025 growth forecast to 2.2%
Standard Chartered cut its 2025 economic growth forecast for Hong Kong to 2.2%, citing weaker exports, subdued consumption, and...
Dec 12, 2024


Hong Kong positioned to support ASEAN’s green transition
Lee Ho-tak, managing director of family office Cheah Capital, emphasised that ESG initiatives not only benefit society but also deliver...
Dec 11, 2024


Japan’s 2024 bankruptcies poised to hit highest level since 2013
Japan’s bankruptcy filings are on track to surpass 10,000 this year, marking the highest level since 2013, according to Tokyo Shoko...
Dec 11, 2024


Billionaire wealth doubles to USD14tr over decade, led by tech
Billionaires’ combined wealth surged 121% over the past decade to USD14tr, according to UBS’s Billionaire Ambitions report. The number of...
Dec 11, 2024


Beijing warns against 'worship of speed' in growth
Chinese state media warned against pushing for faster growth at all costs and emphasised boosting domestic consumption, days before next...
Dec 9, 2024


Accounting industry faces challenges amid economic headwinds
The accounting industry is confronting complex challenges due to economic headwinds, increased competition, and geopolitical tensions,...
Dec 5, 2024


Hong Kong ready to join RCEP, says chief Executive John Lee
Hong Kong is fully prepared to join the Regional Comprehensive Economic Partnership (RCEP), Chief Executive John Lee Ka-chiu said at the...
Dec 5, 2024


Thailand finalises free trade deal with EFTA countries
Thailand has concluded negotiations on a free trade agreement (FTA) with the European Free Trade Association (EFTA), marking its first...
Dec 3, 2024


Vietnam aims for about 8% economic growth in 2025
Vietnam’s Prime Minister Pham Minh Chinh announced that the government aims for economic growth of about 8% in 2025, surpassing the...
Dec 3, 2024


Taiwan's economy shows strength with second 'yellow-red' signal
Taiwan's government reported that its business climate monitor remained in the “yellow-red” zone for the second consecutive month,...
Nov 28, 2024


Hong Kong must embrace change, says HKMA deputy chief
Darryl Chan, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), called for Hong Kong to adapt and innovate to maintain...
Nov 27, 2024


Malaysia, South Korea agree to boost economic cooperation
Malaysian Prime Minister Datuk Seri Anwar Ibrahim has invited South Korean investors to explore opportunities in Malaysia to enhance...
Nov 25, 2024


IMF warns trade tensions threaten Asia's economic prospects
The International Monetary Fund (IMF) cautioned that escalating trade tensions and retaliatory tariffs could undermine Asia's economic...
Nov 22, 2024


IMF cuts South Korea's 2025 growth forecast to 2%
The International Monetary Fund (IMF) lowered its economic growth forecast for South Korea to 2% for 2025, down from 2.2% projected in...
Nov 21, 2024


China supports HK’s growth as international financial hub
Chinese Vice Premier He Lifeng pledged to boost Hong Kong's competitiveness through investment in innovation and stronger financial...
Nov 20, 2024


Singapore, Hong Kong investors positive on Trump outlook
Hong Kong investors view Donald Trump’s election as beneficial for the global economy despite potential US-China tensions, a survey by...
Nov 19, 2024


Thai GDP growth forecast at 2.8% in 2025
Thailand's economy is projected to sustain moderate growth in 2025 despite external risks, the National Economic and Social Development...
Nov 18, 2024


Thailand targets 3.5% growth with new stimulus
Thailand aims for 3.5% economic growth in 2025, up from this year’s 2.7% forecast, with plans to implement additional stimulus measures,...
Nov 14, 2024


Hong Kong's 2023 growth expected near lower end of forecast
Hong Kong's economic growth for 2023 is anticipated to be near the lower end of the government's forecast range of 2.5% to 3.5%,...
Nov 13, 2024







