

Hong Kong considers second tax hike for high earners
Hong Kong’s government is weighing another tax increase for top earners to address a growing budget deficit, sources said. Officials have...
Jan 17, 2025


Thailand drops income rule for wealthy visa seekers
Thailand's cabinet approved changes to its long-term resident (LTR) visa programme to attract skilled professionals, investors, and...
Jan 17, 2025


AFF 2025 wraps up, draws 3,600 global leaders
The 18th Asian Financial Forum (AFF) concluded on January 14, drawing over 3,600 policymakers and business leaders from 50+ countries to...
Jan 17, 2025


Family offices in Singapore see 42% rise in 2024
The number of single-family offices (SFOs) in Singapore surpassed 2,000 by the end of 2024, marking a significant increase from 1,400 in...
Jan 16, 2025


Manipulated information can cost family offices billions: report
Leading sustainable investment advisor, Robert Rubinstein, has published a report entitled “Wealth Management’s Dark Secret: How...
Jan 16, 2025


South Korean insurers strengthen capital ratios
South Korean insurance companies improved their risk-based capital (RBC) ratio in the third quarter of last year, reaching 218.3% at the...
Jan 16, 2025


Japan bankruptcies hit 11-year high
Corporate bankruptcies in Japan topped 10,000 in 2024, the highest in 11 years, driven by labour shortages and rising import costs due to...
Jan 16, 2025


HK’s Asian Financial Forum attracts 3,600 global leaders
The 18th Asian Financial Forum (AFF) officially kicked off on January 13, 2025, at the Hong Kong Convention and Exhibition Centre....
Jan 15, 2025


Hong Kong will continue to promote sustainable finance
Hong Kong will continue promoting sustainable finance to attract capital for green projects in the city, Mainland China, and Asia,...
Jan 15, 2025


Thailand eyes USD28.8bn in 2025 investments
Thailand expects to attract at least USD28.8bn in investment applications in 2025, as it seeks to boost its economy, the Board of...
Jan 15, 2025


Philippine SEC tightens audit fee transparency rules
The Philippine Securities and Exchange Commission (SEC) has mandated publicly listed companies (PLCs) and other public interest entities...
Jan 15, 2025


Hong Kong family office association re-elects chair
The Family Office Association Hong Kong (FOAHK) has re-elected Chi-man Kwan of Raffles Family Office as chair, with Grant Ko and Jim Kwok...
Jan 14, 2025


Macquarie Asset Management expands in Southeast Asia with New MD
Macquarie Asset Management has appointed Gabriel Ho as managing director to strengthen its investment activities in Southeast Asia. With...
Jan 14, 2025


Vietnam’s credit institutions predict growth, lower risks in 2025
Vietnam’s credit institutions anticipate improved business performance in 2025, with 74.6% expecting growth in the first quarter and...
Jan 14, 2025


Hong Leong Bank names Jeffrey Yap head of wealth management
Jeffrey Yap, a former HSBC banker, has joined Malaysia’s Hong Leong Bank as regional head of wealth management, overseeing its wealth and...
Jan 14, 2025


Vietnam proposes policies for new financial centres
Vietnam’s Ministry of Planning and Investment has proposed policies to establish international financial centres in Ho Chi Minh City and...
Jan 13, 2025


MAS aims for August publication of its equities markets review group report
The Monetary Authority of Singapore’s review group on equities markets aims to complete its report by August, with phased updates and...
Jan 13, 2025


Taiwan eases real estate rules for life insurers
Taiwan’s Financial Supervisory Commission (FSC) has eased rules for life insurers investing in real estate by lowering the minimum yield...
Jan 13, 2025


Wealth platform Endowus secures USD17.5m funding
Endowus, Asia’s digital wealth advisory platform, raised an additional USD17.5m, bringing its total funding to over USD110m. The latest...
Jan 13, 2025


Hong Kong eases rules to attract wealthy investors
Hong Kong is easing its capital investment entrant scheme to attract family offices and bolster its status as a global wealth hub....
Jan 10, 2025

