

Philippine economy surges 6.3% in Q2 2024
Philippine economic growth surged to 6.3% in Q2 2024, up from 4.3% last year, and higher than the 5.8% in Q1, reported National...
Aug 9, 2024


Business leaders rally to support Hong Kong as a global financial hub
Business leaders, lawmakers, and academics in Hong Kong are backing the city’s efforts to seize opportunities in offshore yuan financing,...
Aug 9, 2024


Innovative insurance from AXA covers extreme heat in Hong Kong
AXA has introduced a novel heatwave-related insurance product in Hong Kong, offering coverage to outdoor workers as summer intensifies....
Aug 7, 2024


Woori returns to investment banking after 10-year hiatus
Woori Investment & Securities, part of Woori Financial Group, has launched as a mid-tier brokerage, marking its reentry into the sector...
Aug 6, 2024


Warburg Pincus, Lendlease launch life sciences real estate JV
Warburg Pincus and Lendlease announced the final closing of a life sciences real estate joint venture platform, with each committing 50%...
Aug 2, 2024


HSBC reports strong wealth growth, surpasses estimates
HSBC Holdings reported a slight 0.4% decline in first-half profit but still exceeded analyst estimates, driven by higher global interest...
Aug 1, 2024


HK’s eMPF achieves milestone with over 20,000 registrations
The eMPF platform, launched to digitise Hong Kong’s Mandatory Provident Fund (MPF) management, has garnered over 20,000 registered users...
Jul 30, 2024


Philippines central bank on track for CBDC implementation by 2029
The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is progressing well with its study and testing of a central...
Jul 26, 2024


South Korean family businesses see generational shift in ownership
A recent analysis by corporate tracker CEO Score revealed that the second generation of owners in 81 “middle market enterprises” in South...
Jul 25, 2024


HSBC, SBF launch guide to fuel ASEAN business expansion
HSBC and the Singapore Business Federation (SBF) signed a memorandum of understanding on Wednesday to support local businesses in...
Jul 25, 2024


CashOn launches HK’s first digital currency lending platform
CashOn, a fintech company specialising in Web3 applications, has launched Hong Kong’s first digital currency lending matching platform,...
Jul 25, 2024


Philippine central bank and treasury launch intraday settlement facility
The Bangko Sentral ng Pilipinas (BSP) and the Bureau of the Treasury (BTr) have introduced a fully automated intraday settlement facility...
Jul 24, 2024


Indonesia unveils long-term visa scheme for investors
Indonesia launched a long-term visa scheme to attract foreign investors, President Joko Widodo announced. A 10-year visa requires...
Jul 22, 2024


New initiatives boost opportunities for accountants in Hong Kong
Government programmes like the Capital Investment Entrant Scheme (CIES) are opening opportunities for accountants to mitigate the...
Jul 18, 2024


Shinhan Bank CEO urges stronger controls for global growth
Shinhan Bank CEO Jung Sang-hyuk emphasised the importance of customer trust and rigorous internal controls for global expansion during...
Jul 17, 2024


Vietnam allows banks to continue selling investment-linked insurance
Commercial banks in Vietnam will continue to sell investment-linked insurance products through the bancassurance channel, following a...
Jul 17, 2024


Malaysia’s recent digital banks struggle with technical setbacks
The last two digital banks in Malaysia developed by consortia led by Sea Ltd with YTL Digital Capital, and KAF Investment Bank with...
Jul 16, 2024


HSBC overhauls investment bank to mirror Citigroup structure
HSBC Holdings Plc is restructuring its investment bank to align more closely with competitors like Citigroup Inc. The revamp involves...
Jul 11, 2024


Hong Kong’s SFC to launch investment platform
The Securities and Futures Commission (SFC) will launch a new online application and submission system, e-IP, for investment products on...
Jul 9, 2024


ACMCP unveils China tech excellence centre at inaugural summit
The Association of Cloud and Mobile Computing Professionals (ACMCP) launched the China Tech Excellence Centre and Enterprise Alliance...
Jul 5, 2024

