

Japanese firms approve largest wage hike in 33 years
Top Japanese companies agreed to wage increases averaging 5.58% at annual labor talks in March, the Keidanren business lobby reported....
May 21, 2024


APEC projects 3.4% growth in 2024
Growth in the Asia-Pacific Economic Cooperation (APEC) trade bloc is projected to reach 3.4% in 2024, slowing to 2.9% in 2025-2026,...
May 20, 2024


Maya Bank, WeFund to boost loans for underserved Filipinos
Philippine digital banking leader Maya Bank and Wefund Lending Corporation have established a PHP2.75bn (USD47.265m) loan channeling deal...
May 20, 2024


Japan’s economy contracts in Q1, policy challenges ahead
Japan’s economy contracted in the first quarter, driven by weaker private consumption and external demand, challenging policymakers as...
May 17, 2024


Malaysia’s banks set for solid Q1, driven by loan expansion
Malaysia’s banking sector is expected to post strong earnings for the first quarter of 2024, supported by robust loan growth and a rise...
May 17, 2024


50% of Japanese firms invested in China downbeat on economy
Half of Japanese companies invested in China anticipate its economy will deteriorate this year, with no plans to boost investment,...
May 16, 2024


Fitch predicts a robust 2024 for Taiwanese securities firms
Taiwanese securities companies are expected to maintain strong earnings momentum this year after a solid recovery last year, Fitch...
May 16, 2024


Philippine bank assets surpass USD432bn in Q1
Total assets of the Philippine banking system rose over 10%, exceeding PHP25tr (USD432bn) in the first quarter, according to the Bangko...
May 15, 2024


Singaporean companies ramp up investments in Indonesia
The interest of Singaporean companies in entering and expanding in Indonesia is growing, driven by the large market size and emerging...
May 15, 2024


Malaysia’s Johor proposes special economic zone with Singapore
Malaysia’s Johor state is proposing to establish a special economic zone with neighbouring Singapore, aspiring to transform into the...
May 13, 2024


Chief executive John Lee sets three financial goals for HK
Hong Kong Chief Executive John Lee Ka-chiu emphasised three aspirations for the city’s financial sector at a forum focused on the...
May 10, 2024


Central banks urged to adopt digital currencies for stability, efficiency
European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau advocates for central banks to adopt digital currencies...
May 7, 2024


Hong Kong economy surpasses expectations with 2.7% growth in Q1
Hong Kong’s economy grew by 2.7% in the first quarter of 2024, exceeding market expectations of 0.8% growth but slower than the 4.3% seen...
May 6, 2024


Philippines outperforms major Asian economies in growth, says IMF
The International Monetary Fund (IMF) highlighted the Philippines as one of the resilient economies in the region, driven largely by...
May 3, 2024


Mixed financial trends in HK's March monetary report
The Hong Kong Monetary Authority disclosed a modest 0.2% increase in total deposits at authorised institutions for March, despite a...
May 3, 2024


IMF upgrades 2024 Asia's economic outlook
The IMF has raised its 2024 growth forecast for Asia to 4.5%, up from 4.2% in its October estimate, reflecting improved economic...
May 2, 2024


Singapore PM Lee says Indonesia to drive ASEAN’s green growth
Singapore's prime minister, Lee Hsien Loong, expressed anticipation for Indonesia to spearhead Southeast Asia's green economy growth...
Apr 30, 2024


Hong Kong's GDP set to grow 2.5-3.5% in Q1
Hong Kong's GDP is expected to continue its moderate growth trend, projecting a 2.5% to 3.5% increase for the first quarter, according to...
Apr 29, 2024


Philippines pushes for US free trade agreement amid election year
The Philippines continues to actively pursue a bilateral free trade agreement (FTA) with the US, despite not being a priority for the US...
Apr 29, 2024


Hong Kong small businesses optimistic for 2024 growth
Approximately 70% of small businesses in Hong Kong anticipate growth in 2024, the highest optimism in five years, as per a CPA Australia...
Apr 25, 2024







