

Malaysia's banks urged to navigate complexity, transform economy
Malaysian Prime Minister Datuk Seri Anwar Ibrahim has urged the country's banks to remain competitive amidst the "three Cs" of...
Feb 21, 2024


Germany overtakes Japan as third-largest economy
Japan's economy slipped into recession, shrinking at an annualized pace of 0.4% in the last quarter of 2023, following a 3.3% contraction...
Feb 19, 2024


German investment in China hits record USD12.7bn
German direct investment in China surged 4.3% to a record EUR11.9bn (USD12.7bn) in the last year, marking an increased focus of Germany’s...
Feb 16, 2024


Singapore’s economy grows 1.1% in 2023, slightly below estimates
In 2023, Singapore’s economy grew by 1.1%, slightly below the initially estimated 1.2%, as reported by the Ministry of Trade and Industry...
Feb 16, 2024


South Korea’s mobile payments market soars by USD12.72bn in 2023
South Korea’s mobile payments market experienced significant growth last year, with a KRW17tr (USD12.72bn) increase, reaching a total of...
Feb 16, 2024


Vietnam needs to build national corporations to boost growth
Vietnam’s Ministry of Planning and Investment emphasised the pivotal role of national and large-scale corporations in driving the...
Feb 14, 2024


Over 80% of Taiwanese CEOs confident in economic growth
A recent KPMG survey indicates that over 80% of Taiwanese CEOs are optimistic about Taiwan’s economic future over the next three years,...
Feb 14, 2024


Thai firms urged to embrace diversity
In Thailand, a concerted effort led by the government and major corporations like Berli Jucker (BJC) and Big C Supercenter is underway to...
Feb 13, 2024


Japan set to fall to world’s fourth-largest economy
Japan is poised to confirm its slip to the world’s fourth-largest economy last year, overtaken by Germany, and likely soon India, due to...
Feb 13, 2024


Milken Institute to launch first global investors’ symposium in HK
The Milken Institute is set to host its inaugural Global Investors’ Symposium in Hong Kong on March 26, aiming to connect global markets...
Feb 9, 2024


Japan’s largest bank Mitsubishi UFJ reports surge in Q3 earnings
Mitsubishi UFJ Financial Group, Japan’s largest bank, reported a third-quarter net profit of JPY370.64bn (USD3.35bn), a significant...
Feb 7, 2024


OECD raises global growth forecast to 2.9%
The OECD has upgraded its global economic growth forecast for this year to 2.9%, attributing the increase to an improved outlook for the...
Feb 7, 2024


China’s Belt and Road investment hits record high since 2018
China’s investment in Belt and Road Initiative (BRI) countries surged to its highest level since 2018, reaching nearly USD50bn in...
Feb 6, 2024


Philippine economy set for growth surge in 2024
The Philippine economy is expected to accelerate in 2024, buoyed by easing inflation and potential interest rate cuts, according to BPI...
Feb 6, 2024


US businesses in China more optimistic, yet cautious on investment
US businesses in China have grown more optimistic about bilateral relations and profit prospects compared to last year, according to a...
Feb 5, 2024


Philippines poised to become Asian tiger economy, says trade chief
Trade and Industry Secretary Alfredo Pascual is optimistic about the Philippines becoming a leading tiger economy in Asia, backed by...
Feb 5, 2024


Vietnam’s real estate sector shows signs of recovery amid challenges
Vietnamese real estate companies have shown resilience amid a sluggish market, with notable firms reporting significant profits. No Va...
Feb 5, 2024


ADB sets record with USD9.8bn climate finance in 2023
The Asian Development Bank (ADB) has pledged a record USD9.8bn in climate finance for 2023 to support Asia and the Pacific in reducing...
Feb 2, 2024


Vietnamese banks’ profits soar from securities
Vietnamese commercial banks experienced a dramatic increase in profits from securities investment and trading in Q4 2023, driven by a...
Feb 2, 2024


IMF upgrades Asia’s 2024 growth forecast
The International Monetary Fund (IMF) forecasts that emerging Asian economies will grow by 5.2% in 2024, a slight decrease from 5.4% in...
Feb 1, 2024

