

Manulife WAM appoints Fabio Fontainha as head of Asia operations
Manulife Wealth and Asset Management (WAM) has named Fabio Fontainha as its head of WAM Asia, effective February 2025. Fontainha will...
Jan 9, 2025


Philippines sovereign wealth fund eyes first investment in Q1
The Maharlika Investment Corp. (MIC), the Philippines’ first sovereign wealth fund, is poised to make its inaugural investment in the...
Jan 9, 2025


Slow payments among Singapore firms rise for first time in six quarters
Slow payments among Singapore companies increased for the first time since Q2 2023, rising by 0.05 percentage points to 44.05% in Q4 2024...
Jan 8, 2025


Vietnam economy grows 7.09% in 2024, boosted by exports and investment
Vietnam’s economy expanded by 7.09% in 2024 to USD476.3bn, outpacing 2023’s 5.05% growth, driven by robust exports and foreign...
Jan 8, 2025


Citi Wealth’s Asia family office advisory head joins JP Morgan
Faye Ong, previously Citi Wealth’s Asia head of family office advisory, has joined JP Morgan Private Bank as head of its Philanthropy...
Jan 8, 2025


Blue Owl Capital appoints Yoichi Nakamura to lead Japan Private Wealth
US-listed Blue Owl Capital Inc. has named Yoichi Nakamura as Managing Director and Head of Japan Private Wealth. Based in Tokyo, Nakamura...
Jan 8, 2025


Thai SEC tightens rules on margin loans to boost market stability
Thailand’s Securities and Exchange Commission (SEC) has proposed stricter regulations for margin loans to enhance risk management among...
Jan 7, 2025


Farro Ventures expands with senior hires in Singapore and Dubai
Farro Ventures, the parent company of multi-family office Farro Capital, has strengthened its team with key appointments. In Singapore,...
Jan 7, 2025


Foreign workers in South Korea face February tax settlement deadline
Foreign employees in South Korea, excluding daily workers, must settle year-end taxes for 2023 wages by February, aligning with deadlines...
Jan 7, 2025


Singapore’s Clifford Capital expands into asset management
Singapore-based infrastructure credit platform Clifford Capital has launched a new asset management division, Clifford Capital Asset...
Jan 7, 2025


Hong Kong aims for quality investments in 2025
Hong Kong’s investment promotion arm, InvestHK, will prioritise quality and efficiency when attracting foreign companies and investments...
Jan 6, 2025


World's wealthiest people hit USD10tr, tech titans lead
The world’s 500 wealthiest individuals reached a combined net worth of nearly USD10tr in 2024, helped by a surge in US technology stocks....
Jan 6, 2025


Hong Kong funds boosted by revised cross-border rules
The fund management industry in Hong Kong will benefit from changes to the Mutual Fund Recognition scheme, enabling local firms to sell...
Jan 6, 2025


Philippines eyes sukuk rules to grow Islamic finance
The Philippines Securities and Exchange Commission (SEC) has proposed guidelines to boost Islamic banking and finance by regulating sukuk...
Jan 6, 2025


Asia First and Startups Community Asia Ltd Unite to Empower Entrepreneurs and Investors
Startups Community Asia Ltd , which operates leading platform for entrepreneurs, StartHub Asia, and Asia First , a prominent source for...
Jan 3, 2025


Family offices favour Taiwan, India, US in 2025
High-net-worth individuals and family offices may raise investments in mainland China and Hong Kong next year, encouraged by Beijing’s...
Jan 3, 2025


Singapore beats forecast, grows 4% in 2024
Singapore’s economy expanded 4% year on year in 2024, surpassing 2023’s 1.1% growth. Fourth-quarter GDP rose 4.3%, slower than Q3’s...
Jan 3, 2025


Thailand joins BRICS as partner country
Thailand joined BRICS as a partner country on 1 January 2025, as confirmed by the Ministry of Foreign Affairs. The announcement came from...
Jan 3, 2025


Vietnam set to finalise Mobile Money rules
An official legal framework for Mobile Money is expected in early 2025 to boost cashless payments in rural and remote areas, as the pilot...
Jan 3, 2025


Cheng family’s CTF eyes USD2bn toll road sale
CTF Services, the family’s infrastructure arm of Hong Kong’s billionaire Cheng family, is exploring the sale of mainland China toll roads...
Jan 2, 2025

