

World Bank raises Malaysia's 2024 growth forecast to 4.9%
The World Bank Group has upgraded Malaysia’s economic growth forecast for 2024 to 4.9%, up from an initial 4.3% projected in April....
Oct 7, 2024


Hong Kong poised to surpass Switzerland as top wealth hub
Hong Kong is set to overtake Switzerland as the world’s leading destination for wealth management by 2027-28, according to government...
Oct 7, 2024


South Korea and Singapore to establish strategic partnership in 2025
South Korean President Yoon Suk Yeol announced that South Korea and Singapore will enter into a strategic partnership next year, marking...
Oct 7, 2024


Japan’s business sentiment steady in Q3, tankan survey shows
Business sentiment among Japan’s large manufacturers remained unchanged in the latest quarter, according to the Bank of Japan’s tankan...
Oct 4, 2024


IMF lowers Philippines GDP growth forecast amid persistent inflation
The International Monetary Fund (IMF) has reduced its economic growth projections for the Philippines, citing ongoing high inflation that...
Oct 3, 2024


Indonesia stock exchange sees significant growth in investor base
As of September 2024, the Indonesia Stock Exchange (IDX) reported a total of 6 million stock investors, up by over 744,000 from 2023....
Oct 2, 2024


South Korean credit cooperatives host UN forum on digital financial inclusion
The Korean Federation of Community Credit Cooperatives (KFCC) partnered with the United Nations to hold an international forum in Jeju...
Sep 30, 2024


China backs cross-border financing in Hong Kong
China’s state economic planner, the National Development and Reform Commission (NDRC), pledged to support more mainland companies seeking...
Sep 27, 2024


OECD forecasts global GDP growth stabilising at 3.2% in 2024-2025
Global GDP growth is expected to stabilise at 3.2% in both 2024 and 2025, with inflation continuing to ease, the Organisation for...
Sep 27, 2024


Hong Kong now top financial hub in Asia-Pacific
Hong Kong has risen to third globally and first in the Asia-Pacific region in the Global Financial Centers Index (GFCI) 36 Report,...
Sep 26, 2024


Philippines explores partnerships with Macquarie Group
The Philippine Department of Finance is exploring investment opportunities with global financial services firm Macquarie Group, focusing...
Sep 25, 2024


Thailand invites UK investment, eyes future free trade agreement
Thailand’s Commerce Minister Pichai Naripthaphan has invited British businesses to invest in Thailand, highlighting opportunities for a...
Sep 23, 2024


CPA Australia urges Hong Kong for reforms to boost financial hub status
CPA Australia has urged the Hong Kong government to enact further reforms in the upcoming Policy Address to strengthen the city’s...
Sep 23, 2024


Qatar’s QIA expanding into SE Asia, Australia, Korea
Qatar Investment Authority (QIA), the country’s sovereign wealth fund managing USD526bn in assets, is expanding into Australia, Korea,...
Sep 23, 2024


Hong Kong ranks eighth globally with 320 centi-millionaires
Hong Kong ranks eighth globally with 320 centi-millionaires (individuals holding more than USD100m in assets), following Beijing,...
Sep 20, 2024


Taiwan regulator rejects historic deal
Taiwan’s Financial Supervisory Commission (FSC) has rejected CTBC Financial Holding’s proposed USD4.1bn takeover of Shin Kong Financial...
Sep 19, 2024


Japan maintains moderate recovery outlook amid global risks
Japan’s government said on Wednesday that the economy is in moderate recovery, but remains cautious due to potential global economic...
Sep 19, 2024


40% of Singapore firms see minimal impact from carbon tax hike
Nearly 40% of Singaporean companies reported minimal impact from the recent carbon tax hike, according to a survey by the Sustainable...
Sep 17, 2024


Vietnam’s domestic investor accounts hit two-year high in August
Vietnam’s domestic investor accounts rose by over 330,000 in August to more than 8.6 million, the highest in over two years, data...
Sep 17, 2024


Vietnam PM urges ASEAN Business Council to boost economic ties
Vietnam’s Prime Minister Pham Minh Chinh has urged the ASEAN Business Advisory Council (ASEAN BAC) to collaborate closely with...
Sep 16, 2024







