

BSP to Ease Bancassurance Rules in 2025 to Expand Insurance Access
The Bangko Sentral ng Pilipinas (BSP) will issue revised guidelines this year to allow banks in the Philippines to sell insurance...
Aug 4


Hong Kong Showcases Innovation and Art Trading Strengths in New Economic Report
Hong Kong is highlighting its transformation into a hub for innovation, international legal services, and art trading in a new government...
Aug 4


Hong Kong Family Office Growth Accelerates with Policy Reforms
The Hong Kong SAR government is intensifying efforts to expand its family office (FO) sector as part of a broader asset and wealth...
Aug 1


IMF Upgrades Malaysia 2025 Growth Forecast Amid Trade Policy Uncertainty
The International Monetary Fund has revised Malaysia’s 2025 GDP growth forecast upward to 4.5% from 4.1%, citing improved prospects for...
Aug 1


HSBC Adds 300,000 Wealth Clients in Hong Kong Amid Strong Q2 Results
HSBC has reported a significant increase in its wealth management business, driven by the addition of 300,000 new clients in Hong Kong in...
Aug 1


HSBC to Exit Bangladesh Retail Banking in Global Streamlining Drive
HSBC has announced plans to exit its retail banking operations in Bangladesh as part of a global strategy to streamline operations and...
Aug 1


HKMA Business Credit-Scoring Pilot Boosts SME Loan Access
The Hong Kong Monetary Authority (HKMA) is piloting a business credit-scoring system under its Commercial Data Interchange (CDI) scheme...
Jul 31


Indonesia Wealth Surge: Prajogo Pangestu Adds USD20bn in Three Months
Indonesian tycoon Prajogo Pangestu has grown his net worth by over USD20bn since April, reaching USD36.2bn, according to Bloomberg data....
Jul 31


Malaysia GDP Forecast Cut to 4%-4.8% Amid Trade Uncertainty
Bank Negara Malaysia has lowered its 2025 GDP growth forecast to 4%–4.8%, down from 4.5%–5.5%, citing global trade uncertainty and...
Jul 31


Asia Finance Unions Push Socially Responsible Reform at SAFSUC Colombo
Finance sector unions from Sri Lanka, India, Pakistan, Nepal, and Bangladesh have pledged to advance socially responsible finance and...
Jul 31


MPF Asset Growth Hits Record USD178bn as Hong Kong Accounts Surge
Hong Kong’s Mandatory Provident Fund (MPF) assets have surged past HKD1.4tr (USD178bn) as of end-June, reaching a historic high,...
Jul 30


Vietnam Financial Centres Plan Gains Swiss Expertise for Future Growth
Vietnam is partnering with Switzerland to develop international financial centres, National Assembly Chairman Tran Thanh Man said during...
Jul 30


APAC Bank Fraud Risks Rise with Scams and Mule Accounts, FICO Reports
Scams and money mule accounts have overtaken traditional fraud as the primary threat to banks in Asia-Pacific, according to a FICO survey...
Jul 30


Airwallex MAS Licence Secured for Yield Investment Product in Singapore
Airwallex has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore, allowing it to launch its...
Jul 30


IFF AI Competitiveness Index Report Highlights Hong Kong as Global Hub
Prof. Dr. Patrick Glauner, IFF AI Committee Coordinator The International Finance Forum (IFF) has released the third edition of its...
Jul 29


Family Office Compensation Report Reveals 20% Pay Rise for Senior Roles
Family offices are significantly raising compensation to retain investment talent, with base salaries for senior positions increasing by...
Jul 29


China Leads IFF Global Sustainability Index 2025 Amid Green Growth
The International Finance Forum (IFF) and China Galaxy Securities have released the 2025 Global Sustainable Investment Index Report ,...
Jul 29


SCB X AI-Powered Virtual Bank to Launch in 2026 with USD140m Capital
SCB X, the parent company of Siam Commercial Bank, plans to launch its virtual bank by mid-2026 under the “AI Native Bank” model,...
Jul 29


DBS Private Assets Platform Opens Access for Asia’s Family Offices
DBS Private Bank, in partnership with Hamilton Lane, has launched Private Assets Tailored by Hamilton Lane (PATH), a private assets...
Jul 28


Shinhan Bank UK Investment to Reach USD2.7bn by 2030
Shinhan Bank plans to expand its total investment in the United Kingdom to KRW3.7tr (USD2.7bn) by 2030 as part of its strategy to...
Jul 28







