

Thailand seeks Hong Kong partnership to develop financial hub
Thailand is pursuing a partnership with Hong Kong to collaborate on developing a financial hub serving as a gateway to ASEAN markets,...
Oct 21, 2024


HK’s Chief Executive 2024 Policy Address supported by Raffles Family Office
Hong Kong Chief Executive, John Lee Ka-chiu, has released The Chief Executive 2024 Policy Address on 16 October in which enhancements...
Oct 18, 2024


Chinese bankers exit finance amid tough regulations
Disillusioned Chinese bankers and fund managers are leaving the finance sector, where government regulations and campaigns like "common...
Oct 18, 2024


China enforces tax on ultrarich's overseas investment gains
China has begun enforcing a long-overlooked tax on overseas investment gains made by the country's ultra-wealthy individuals, according...
Oct 16, 2024


Singapore blocks Allianz's USD1.7bn acquisition of Income Insurance
Singapore's government has blocked Munich-based Allianz SE's proposed SGD2.2bn (USD1.7bn) deal to acquire a majority stake in Income...
Oct 15, 2024


HKEX chairman unveils financial literacy initiative
Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing announced plans to boost financial literacy education to...
Oct 10, 2024


Singapore enhances anti-money laundering framework
Singapore’s Inter-Ministerial Committee (IMC) has released a report outlining enhanced strategies to strengthen the nation’s anti-money...
Oct 9, 2024


Thailand poised as SE Asia’s digital hub with major investments
Thailand is set to become a digital economic hub in Southeast Asia, driven by the expansion of domestic data centres and cloud services,...
Oct 4, 2024


Bursa Malaysia reviews listing rules
Following the launch of Malaysia’s National Sustainability Reporting Framework (NSRF), Bursa Malaysia Securities Berhad is revising its...
Oct 2, 2024


Indonesia stock exchange sees significant growth in investor base
As of September 2024, the Indonesia Stock Exchange (IDX) reported a total of 6 million stock investors, up by over 744,000 from 2023....
Oct 2, 2024


Thailand’s inspections reveal few illegal nominee operations
Thailand’s Business Development Department reported that out of more than 26,000 businesses inspected for illegal nominee operations,...
Oct 2, 2024


China backs cross-border financing in Hong Kong
China’s state economic planner, the National Development and Reform Commission (NDRC), pledged to support more mainland companies seeking...
Sep 27, 2024


Philippines nears FATF gray list removal after reforms
The Philippines may exit the Financial Action Task Force (FATF) gray list by 2025, according to the Department of Justice (DOJ). DOJ...
Sep 27, 2024


Financial leaders join MAS’s new cyber and tech resilience panel
The Monetary Authority of Singapore (MAS) has established a Cyber and Technology Resilience Experts (CTREX) Panel to replace its Cyber...
Sep 26, 2024


Hong Kong now top financial hub in Asia-Pacific
Hong Kong has risen to third globally and first in the Asia-Pacific region in the Global Financial Centers Index (GFCI) 36 Report,...
Sep 26, 2024


Shanghai aims to attract more offshore PE funds
Shanghai has pledged to continue supporting investment by offshore private equity funds in local technology firms and may increase quotas...
Sep 25, 2024


Morgan Stanley faces probe over SK hynix share trades
Morgan Stanley is under investigation by South Korean authorities over alleged suspicious trading of SK hynix shares before releasing a...
Sep 25, 2024


Competition heats up for Thailand’s virtual bank licences
Thailand’s competition for virtual banking licences is intensifying as applications have exceeded the number of licences the central bank...
Sep 24, 2024


CPA Australia urges Hong Kong for reforms to boost financial hub status
CPA Australia has urged the Hong Kong government to enact further reforms in the upcoming Policy Address to strengthen the city’s...
Sep 23, 2024


Five groups compete for virtual bank licences in Thailand
Five business groups are competing for new virtual bank licences in Thailand. The Gulf consortium, consisting of Krungthai Bank, Gulf...
Sep 20, 2024







