

Asia Finance Unions Push Socially Responsible Reform at SAFSUC Colombo
Finance sector unions from Sri Lanka, India, Pakistan, Nepal, and Bangladesh have pledged to advance socially responsible finance and...
Jul 31, 2025


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


China approves new VAT law, effective 2026
China passed a value-added tax (VAT) law that will take effect on January 1, 2026, consolidating existing regulations and retaining exemptions for certain items. VAT is China’s biggest tax category, contributing about 38% of national tax revenue in 2023, according to official data. The newly approved law allows exemptions for some agricultural products, imported scientific research equipment, selected goods for the disabled, and services provided by welfare institutions. The
Dec 27, 2024

