

Vietnam enacts major economic reforms from January 1, 2025
Starting January 1, several key economic policies will take effect in Vietnam, including new transport regulations, tax adjustments, and...
Jan 1, 2025


Malaysian regulator reprimands Bybit over unregistered exchange
Malaysia’s Securities Commission (SC) reprimanded Bybit Technology Limited and CEO Ben Zhou for operating a digital asset exchange...
Dec 31, 2024


Vietnam approves new credit rating providers
Vietnam's Ministry of Finance has granted credit rating certificates to five companies, including the newly added Thien Minh Credit...
Dec 30, 2024


China approves new VAT law, effective 2026
China passed a value-added tax (VAT) law that will take effect on January 1, 2026, consolidating existing regulations and retaining exemptions for certain items. VAT is China’s biggest tax category, contributing about 38% of national tax revenue in 2023, according to official data. The newly approved law allows exemptions for some agricultural products, imported scientific research equipment, selected goods for the disabled, and services provided by welfare institutions. The
Dec 27, 2024


New crypto regulations could spark Philippines market growth
The Philippine Securities and Exchange Commission’s draft rules for crypto asset service providers could boost investor protection and...
Dec 27, 2024


More digital assets firms pick Singapore over Hong Kong
Singapore advanced its push to become a digital assets hub in 2024, outpacing Hong Kong, which has struggled to gain momentum. Singapore...
Dec 26, 2024


HKEX implements new rules for independent directors
Hong Kong Exchanges and Clearing (HKEX) will enforce new limitations on independent non-executive directors (INEDs) starting July next...
Dec 26, 2024


Global investors urge Korea to pass corporate governance reform
The Asian Corporate Governance Association (ACGA) has urged Korea’s National Assembly to approve revisions to the Commercial Act,...
Dec 26, 2024


Hong Kong, UAE ink deal to enhance financial cooperation
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held a bilateral meeting in Hong Kong...
Dec 25, 2024


Digitisation, AI and climate change top SEA Central Banks’ agenda
The 60th South East Asian Central Banks (SEACEN) Governors’ Conference and 44th SEACEN Board of Governors Meeting, hosted by the Bank of...
Dec 24, 2024


ByteDance founder’s fund secures HK asset management licence
Hong Kong’s Securities and Futures Commission (SFC) has granted a type 9 asset management licence to Cool River Venture HK, a private...
Dec 23, 2024


New HKEX platform offers direct market data
Hong Kong Exchanges and Clearing (HKEX) launched a new online data platform, HKEX Data Marketplace, allowing global investors direct...
Dec 23, 2024


Losses widen at Singapore’s digital startup banks
Singapore’s digital banks remain loss-making despite increased revenues since their launch about two years ago. GXS Bank, backed by Grab...
Dec 23, 2024


Hong Kong securities regulator targets Nasdaq-listed firms
Hong Kong’s securities regulator searched offices of about a dozen local finance firms and individuals last month in a probe involving...
Dec 20, 2024


China-US economic group meets in South Africa
The China-US economic working group held its seventh meeting in Johannesburg, South Africa, China’s Ministry of Finance said. The...
Dec 19, 2024


World Bank identifies excessive tax evasion and too few audits in Indonesia
At least one in four Indonesian firms evaded tax last year, a World Bank survey found, citing perceptions of widespread tax avoidance and...
Dec 19, 2024


New reforms set to streamline Vietnam’s IPO listings
Vietnam’s IPO market is poised for revival as private firms prepare to list, signalling renewed investor interest after a subdued period...
Dec 18, 2024


Financial chiefs agree on stronger Korea-Japan coordination
South Korea and Japan’s chief financial regulators agreed to strengthen cooperation to maintain stability in East Asia’s financial...
Dec 17, 2024


OECD urges easing of Philippine IPO requirement
Regulators should consider easing listing requirements and reducing fees to boost the number of Philippine companies going public, the...
Dec 16, 2024


Central bank chair post under scrutiny in Thailand
Thailand’s finance minister is examining whether Kittiratt Na-Ranong meets all necessary criteria before recommending him for the Bank of...
Dec 16, 2024

