

Philippines to see strong growth, second in SE Asia
Moody’s Ratings projects the Philippines as Southeast Asia’s second-fastest growing economy for 2024 and 2025, with GDP growth forecasted...
Apr 5, 2024


Thai business group keeps growth outlook at 2.8%-3.3%
Thailand’s economy is forecasted to grow by 2.8% to 3.3% this year amid risks from sluggish exports and domestic demand. The Joint...
Apr 4, 2024


World Bank predicts dip in Asia-Pacific economic growth
The World Bank reports that developing economies in East Asia and the Pacific are facing slower growth due to sustained high-interest...
Apr 3, 2024


World Bank cuts Thailand growth forecast
The World Bank forecasts Thailand’s economic growth to hit 2.8% this year, with a slight increase to 3.0% in 2025, revised down from...
Apr 2, 2024


Smart City Summit highlights need for public-private collaboration
At the 2024 Smart City Summit and Expo in Taipei, ICT industry leaders emphasised the critical role of international partnerships in...
Apr 1, 2024


Insurtech Qoala secures USD47m, aims to democratise insurance in SEA
Indonesia’s Qoala has secured USD47m in Series C funding led by PayPal Ventures and MassMutual Ventures, with participation from MUFG...
Mar 28, 2024


China aims for stronger currency ties with Asia
China’s Central Bank Governor, Pan Gongsheng, emphasised strengthening currency cooperation with Asian economies to enhance regional...
Mar 28, 2024


Bangkok slips to 93rd place in global finance hub index
Bangkok’s financial centre status has slipped further, now ranking 93rd globally and third in Southeast Asia, trailing behind Singapore...
Mar 25, 2024


Japan's finance minister highlights urgency as yen weakens
Japan’s Finance Minister Shunichi Suzuki expressed significant concern over the currency market as the yen dropped to its lowest value in...
Mar 22, 2024


South Korea commits USD337bn to climate change initiatives by 2030
South Korea and its local banks have committed to investing KRW452tr (USD337.4bn) by 2030 to address climate change, aligning with the...
Mar 21, 2024


Philippines-EU trade talks set to resume in Q3 2024
The Philippines and the EU aim to restart free trade agreement (FTA) negotiations in the third quarter of 2024, according to Department...
Mar 21, 2024


Singapore’s general insurance premiums rise 10.1% in 2023
Singapore’s general insurance sector saw a 10.1% increase in gross written premiums to SGD10.2bn (USD7.6bn) in 2023, with the domestic...
Mar 20, 2024


South Korea, OECD discuss digital finance evolution in Southeast Asia
South Korea and the OECD inaugurated a conference in Seoul to explore advances in financial systems for Southeast Asian nations. This...
Mar 19, 2024


Hong Kong to welcome 20 more strategic enterprises
Hong Kong’s Financial Secretary Paul Chan Mo-po announced the initiation of the second batch of around 20 strategic enterprises setting...
Mar 19, 2024


Transition finance critical for SE Asia to achieve net-zero goals
Southeast Asia’s pivotal role in achieving net-zero emissions hinges on securing over USD50bn for a green transition, underscored at the...
Mar 18, 2024


HKMA launches Phase 2 of e-HKD pilot of digital currency use
The Hong Kong Monetary Authority (HKMA) announced the initiation of Phase 2 of the e-HKD Pilot Programme, aimed at exploring further...
Mar 18, 2024


US trade mission leads to over USD1bn investments in the Philippines
US Secretary of Commerce Gina Raimondo confirmed the swift realisation of over USD1bn in US investment pledges in the Philippines,...
Mar 18, 2024


Economists upgrade Singapore’s economic outlook for 2024
Private-sector economists have slightly upgraded Singapore’s 2024 economic growth forecast to 2.4%, a small increase from the previous...
Mar 15, 2024


Vietnam's PM engages top businesses to boost economy amid slow lending
Vietnamese Prime Minister Pham Minh Chinh convened with leaders of the nation’s premier companies to devise strategies for invigorating...
Mar 15, 2024


Vietnam's insurance sector shows early 2024 growth
Vietnam’s insurance industry has witnessed a rebound in the first two months of 2024, with the Ministry of Finance reporting a 1.6%...
Mar 14, 2024







