

IMF upgrades China’s growth forecast
The International Monetary Fund (IMF) has raised its economic growth forecast for China to 5% this year, up from 4.6%, following a strong...
May 31, 2024


Bank of Singapore forms global investment advisory council
The Bank of Singapore, OCBC’s private banking arm, has launched an independent investment advisory council composed of global experts...
May 30, 2024


Taiwan sees economic uptick as business climate monitor shifts
Taiwan’s business climate monitor hit ‘yellow-red’, indicating a slight economic boom for the first time in two years, reported the...
May 29, 2024


South Korea’s finance minister plans bilateral talks with Japan, China
South Korean Finance Minister and Deputy Prime Minister Choi Sang-mok announced plans for bilateral meetings with his Japanese and...
May 29, 2024


Vietnam’s foreign investment pledges drop 42% in May
Foreign investment pledges to Vietnam fell 42% to USD1.8bn in May, compared to April, signaling potentially reduced future inflows for...
May 28, 2024


Nearly 99,000 enterprises enter Vietnamese market in early 2024
In the first five months of this year, 98,825 enterprises either entered or re-entered the market in Vietnam, marking a 4.1% increase...
May 27, 2024


Japan seeks foreign investment with market reforms
Japanese Prime Minister Fumio Kishida urged foreign investment on Wednesday, pledging capital market reforms and promoting asset...
May 24, 2024


Singapore maintains 2024 growth forecast at 1-3%
Singapore has maintained its 2024 full-year growth forecast at 1-3%, citing a resilient external demand outlook, the Ministry of Trade...
May 24, 2024


Morgan Stanley says Tokyo catches up with Singapore, HK
Morgan Stanley’s Asia CEO said Tokyo is catching up with rival financial hubs as Japan’s economy exits decades-long deflation, enhancing...
May 23, 2024


China’s fiscal revenue falls 2.7% in early 2024
China’s fiscal revenue fell 2.7% in the first four months of 2024, following a 2.3% drop in the January-March period, signaling an uneven...
May 21, 2024


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

