

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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


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, 2025


ADB Lowers Hong Kong Growth Forecast to 2% for 2024
The Asian Development Bank (ADB) has lowered its 2024 Hong Kong growth forecast from 2.3% to 2%, citing global trade risks and supply...
Jul 28, 2025


HKMA AML Fines Target Three Banks for Compliance Gaps
The Hong Kong Monetary Authority (HKMA) has issued AML fines against Indian Overseas Bank (IOB), Bank of Communications (BCOM), and its...
Jul 28, 2025


Ittapat Maps Cross-Border Future for Thai Family Offices
Wealth Platforms Group CEO Ittapat Akaraveepakin is redefining how Thai family offices approach wealth management by promoting...
Jul 25, 2025


Southeast Asia IPO Market Set for H2 Recovery
The Southeast Asia IPO market is expected to rebound in the second half of 2025 following a weaker H1 performance. Deloitte reported just...
Jul 25, 2025


Hong Kong Stablecoin Regulations to Strengthen Market Oversight
The Hong Kong Monetary Authority (HKMA) is preparing to introduce Hong Kong stablecoin regulations to address fraud and market...
Jul 25, 2025


Malaysia Digital Payments Surge as Consumers Embrace Innovation
The rise of Malaysia digital payments is surpassing global adoption rates, with 63% of consumers favouring modern tools such as mobile...
Jul 25, 2025


Taiwan’s KGI Bank Opens Hong Kong Branch with Family Office Focus
Taiwan’s KGI Bank has launched its first overseas branch in Hong Kong to strengthen cross-border wealth management and family office...
Jul 24, 2025


MAS Selects Asset Managers for USD859m Singapore Equity Market Boost
The Monetary Authority of Singapore (MAS) has appointed Fullerton Fund Management, JP Morgan Asset Management, and Avanda Investment...
Jul 24, 2025


Fitch Downgrades Taiwan Banking Sector Outlook to Deteriorating
Fitch Ratings has downgraded its outlook on Taiwan’s banking sector from “neutral” to “deteriorating,” citing rising pressures on...
Jul 24, 2025


Indo Premier Launches IPOT Wealth Creation Platform in Indonesia
PT Indo Premier Sekuritas has launched IPOT (Indo Premier Online Technology), a wealth creation platform designed to move beyond...
Jul 24, 2025

