

Hong Kong loan growth to stall in 2025, says DBS
DBS Hong Kong expects the city’s loans market to stagnate in 2025 after a 6% decline in total loans in 2024, citing a property market...
Feb 13, 2025


Manulife names Benoit Meslet as Singapore CEO
Manulife has appointed Benoit Meslet, its current Japan CEO, to lead its Singapore operations starting June 1, pending regulatory...
Feb 13, 2025


Singapore multi-family office Aument Capital secures Abu Dhabi approval
Singapore-based multi-family office Aument Capital Group has received in-principle approval for a Category 4 licence from the Financial...
Feb 12, 2025


Pimco eyes 25% growth in Asia-focused multi-asset fund
Pacific Investment Management Co. (Pimco) plans to grow its Balanced Income and Growth Fund (PBIG) by 25% to USD2bn in 2025, focusing on...
Feb 12, 2025


APAC firms face rising AI-powered cyber threats
Businesses across the Asia-Pacific (APAC) region are facing a surge in AI-driven cyberattacks in 2025, with threats like deepfake scams...
Feb 12, 2025


Philippines’ Maharlika wealth fund, Thailand’s CP Group, launch USD1bn PE fund
The Philippines’ wealth fund Maharlika Investment Corp (MIC) and Thailand’s Charoen Pokphand Group (CP Group) have agreed to establish a...
Feb 12, 2025


Thailand to begin central bank governor selection in March
Thailand will begin selecting a new central bank governor in March to replace Sethaput Suthiwartnarueput, whose five-year term ends in...
Feb 11, 2025


South Korean financial watchdog vows tighter debt, risk controls
South Korea’s Financial Supervisory Service (FSS) announced plans to strengthen the management of household debt and enhance financial...
Feb 11, 2025


Family offices fuel philanthropy boom in Singapore
Family offices are driving a surge in philanthropy in Singapore as the city-state attracts wealthy individuals from around the world. The...
Feb 11, 2025


Thailand eyes Phuket for cryptocurrency pilot project
Former Thai prime minister Thaksin Shinawatra has proposed using Phuket as a Bitcoin sandbox to attract cryptocurrency holders and boost...
Feb 11, 2025


Fidelity: Hongkongers plan finances, yet struggle to save
A Fidelity International survey found that 98% of Hongkongers prioritise emergency savings and maintaining their lifestyle, but only 40%...
Feb 10, 2025


Hong Kong’s target of 200 family offices achievable
Hong Kong has introduced 140 family offices through InvestHK and is on track to meet its target of 200 by 2025, Secretary for Financial...
Feb 10, 2025


Malaysia’s Khazanah plans global expansion amid tough 2025 outlook
Khazanah Nasional Bhd will diversify its global portfolio but expects a challenging 2025 after reporting lower 2024 profits, Managing...
Feb 10, 2025


China, emerging markets seen as top investment bets
European bourses and emerging markets, led by China, present strong investment opportunities amid global volatility, fund managers said....
Feb 10, 2025


Singapore leads ASEAN gold demand as prices soar
Singapore investors led gold demand growth in ASEAN, purchasing 6.5 tonnes of gold bars and coins in 2024, up 22% from 2023, the World...
Feb 7, 2025


South Korea to launch alternative stock trading platform in March
South Korea will launch an alternative trading system, Nextrade (NXT), in March to enhance efficiency and convenience in securities...
Feb 7, 2025


Vietnam extends tax relief measures to boost economy in 2025
Vietnam has extended and expanded tax relief programmes for 2025 to support businesses and drive economic growth, the Ministry of Finance...
Feb 7, 2025


Citi Taiwan gets new CEO as Aftab Ahmed retires
Citi appointed Christie Chang as CEO and chair of Citibank Taiwan Limited, pending regulatory approval. She will drive business growth...
Feb 7, 2025


HKEX sees over 100 IPO applications amid market optimism
Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing said he remains cautiously optimistic about the city’s IPO market...
Feb 6, 2025


Vietnam’s Da Nang aims to become regional financial hub by 2050
Vietnam’s Da Nang city aims to develop at least five financial technology (FinTech) firms with annual revenues exceeding VND1tr (USD40m)...
Feb 6, 2025

