

Singapore pushes back corporate cheque phase-out
Singapore’s central bank said it will extend the deadline for phasing out corporate cheque processing by one year to end-2026. The...
Dec 9, 2024


Beijing warns against 'worship of speed' in growth
Chinese state media warned against pushing for faster growth at all costs and emphasised boosting domestic consumption, days before next...
Dec 9, 2024


Singapore’s largest bank DBS expands wealth team to serve rich Russians
DBS Group Holdings has expanded its wealth management team to serve wealthy Russian clients, even as global rivals retreat amid sanction...
Dec 5, 2024


South Korea to revise Capital Market Act to protect shareholders
South Korea’s top financial regulator announced plans to revise the Capital Market Act to enhance protection for individual shareholders...
Dec 4, 2024


HSBC to host global investment summit in Hong Kong in March 2025
HSBC Holdings announced plans to host its second Global Investment Summit in Hong Kong from March 25 to 27, 2025. The event is expected...
Dec 2, 2024


South Korean insurers' net profit rises 13% on higher sales
South Korean insurance companies’ combined net profit increased by 13.2% in the first nine months of the year, boosted by higher sales...
Nov 27, 2024


Singapore Gulf Bank seeks USD50m funding, plans stablecoin acquisition
Singapore Gulf Bank aims to raise at least USD50m in a funding round and plans to acquire a stablecoin payments company next year,...
Nov 27, 2024


Vietnam's banks face challenges meeting online lending targets
Vietnam's banking industry is struggling to meet its online consumer lending targets by 2025 due to the absence of an independent...
Nov 26, 2024


Morgan Stanley opens new SE Asia headquarters in Singapore
Morgan Stanley has officially opened its new Southeast Asia headquarters in Singapore, reinforcing its commitment to the region's growth...
Nov 22, 2024


Blackstone launches wealth manager certification with PWMA in HK
Blackstone, the world's largest alternative asset manager, has partnered with the Private Wealth Management Association (PWMA) to...
Nov 22, 2024


Hanwha Life to acquire 75% stake in US securities firm Velocity Clearing
South Korea's Hanwha Life Insurance Co. said it has signed an agreement to acquire a 75% stake in US-based securities firm Velocity...
Nov 21, 2024


Taiwan insurance sector set for growth
Taiwan’s insurance sector is expected to grow next year, supported by a stable domestic economy and easing monetary policies globally,...
Nov 15, 2024


Digital payments surge in the Philippines, exceeding central bank goals
Digital payment adoption in the Philippines is accelerating, with the Bangko Sentral ng Pilipinas (BSP) reporting that 56% of Filipino...
Nov 15, 2024


Thailand targets 3.5% growth with new stimulus
Thailand aims for 3.5% economic growth in 2025, up from this year’s 2.7% forecast, with plans to implement additional stimulus measures,...
Nov 14, 2024


Thai business leaders to discuss economic measures with central bank
Business leaders in Thailand are set to meet with the Bank of Thailand governor on November 14 to discuss new financial measures aimed at...
Nov 8, 2024


Trump's victory spurs calls for stronger South Korea-US ties
South Korea’s leading business organisations extended congratulations to Donald Trump following his victory in the US presidential...
Nov 7, 2024


Swiss advisory and fiduciary firm Kendris opens Singapore office
Kendris is expanding its global network to support its growing international client base by opening new offices in key regions. The...
Nov 7, 2024


Philippines eyes top 20% in World Bank business ready rankings by 2026
The Philippines aims to join the top 20% of countries in the World Bank’s Business Ready (B-READY) rankings by 2026, according to the...
Oct 30, 2024


Bangkok Bank eyes virtual licence with key partners
Bangkok Bank (BBL) is optimistic about securing a virtual bank licence, leveraging the capabilities of its consortium partners. The...
Oct 30, 2024


Hong Kong eyes AI in finance, extends crypto tax breaks
Hong Kong introduced its first policy guidelines on AI in finance and floated a tax break for virtual assets, aiming to bolster its...
Oct 29, 2024