

Japan seeks foreign investment with market reforms
Japanese Prime Minister Fumio Kishida urged foreign investment on Wednesday, pledging capital market reforms and promoting asset...
May 24, 2024


Asian Family Legacy Foundation chooses Hong Kong hub
The Asian Family Legacy Foundation, with 120 family office members, will use Hong Kong as a hub for philanthropy, education, and cultural...
May 24, 2024


Singapore maintains 2024 growth forecast at 1-3%
Singapore has maintained its 2024 full-year growth forecast at 1-3%, citing a resilient external demand outlook, the Ministry of Trade...
May 24, 2024


S&P, Vietnam collaborate on creditworthiness assessment
The Ministry of Finance collaborated with S&P Global Ratings to assess Vietnam’s 2024 creditworthiness. Deputy Minister Nguyen Duc Chi...
May 23, 2024


HK Insurance Authority warns against unlicensed referrals
Hong Kong’s Insurance Authority (IA) has warned brokerage firms against using unlicensed individuals to promote policy sales to...
May 23, 2024


Global family offices eye increased APAC investments
Over a third of single-family offices plan to increase investments in Asia-Pacific (Apac) excluding Greater China in the next five years,...
May 23, 2024


Morgan Stanley says Tokyo catches up with Singapore, HK
Morgan Stanley’s Asia CEO said Tokyo is catching up with rival financial hubs as Japan’s economy exits decades-long deflation, enhancing...
May 23, 2024


Market veteran Chang Sun: No investment is immune to losses
Chinese market veteran Chang Sun Qiang, managing partner for TPG China, emphasised that no investment asset is immune to losses....
May 22, 2024


Crypto startup funding hits USD2.4bn in Q1 2024
Crypto startup funding rose to USD2.4bn in Q1 2024, marking a second consecutive quarterly increase, according to PitchBook. This surge,...
May 22, 2024


Philippines to tax foreign digital services
The Philippine Senate approved a bill to impose a 12% value-added tax (VAT) on digital services provided by companies with no physical...
May 22, 2024


Vietnam shifts to attracting new generation investment
Vietnam is shifting its economic growth model to create high-added value, focusing on attracting new-generation investment and technology...
May 22, 2024


Citi names commercial bank head for Indonesia
Citibank’s commercial banking arm has hired former OCBC executive Edwin Pribadi to lead its Indonesia business. Pribadi will oversee all...
May 21, 2024


South Korea’s Woori Bank to develop QR payment system with Cambodia
South Korean lender Woori Bank has partnered with the National Bank of Cambodia to develop a cross-border quick response (QR) code...
May 21, 2024


China’s fiscal revenue falls 2.7% in early 2024
China’s fiscal revenue fell 2.7% in the first four months of 2024, following a 2.3% drop in the January-March period, signaling an uneven...
May 21, 2024


Japanese firms approve largest wage hike in 33 years
Top Japanese companies agreed to wage increases averaging 5.58% at annual labor talks in March, the Keidanren business lobby reported....
May 21, 2024


Zurich Malaysia partners with Aeon Bank for digital takaful
Zurich Malaysia, through Zurich Takaful Malaysia Berhad (ZTMB) and Zurich General Takaful Malaysia Berhad (ZGTMB), has partnered with...
May 20, 2024


APEC projects 3.4% growth in 2024
Growth in the Asia-Pacific Economic Cooperation (APEC) trade bloc is projected to reach 3.4% in 2024, slowing to 2.9% in 2025-2026,...
May 20, 2024


HKMA launches digital yuan pilot
The Hong Kong Monetary Authority is set to launch e-CNY, or digital yuan, initially using four mainland banks to open digital wallets,...
May 20, 2024


Maya Bank, WeFund to boost loans for underserved Filipinos
Philippine digital banking leader Maya Bank and Wefund Lending Corporation have established a PHP2.75bn (USD47.265m) loan channeling deal...
May 20, 2024


Singapore money laundering case: Su Jianfeng hit with six more charges
Su Jianfeng, embroiled in Singapore’s largest money laundering case, faces six new charges of forgery and fraud. He allegedly submitted...
May 17, 2024







