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
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
Singapore banks back new anti-scam law
Singapore banks back a new law allowing police to restrict accounts suspected of being scam targets, aiming to curb rising fraud cases....
Jan 10
Fidelity names new Southeast Asia head
Fidelity International has appointed Wildon Goh as head of Southeast Asia and country head of Singapore, subject to regulatory approval....
Jan 10
Morgan Stanley eyes expansion in Asia wealth team
Morgan Stanley plans to increase its Asia wealth team as it focuses on ultra-high-net-worth clients in the region. The firm’s 140...
Jan 10
Paragon Capital secures licences to expand financial services in Greater China
Paragon Capital Management Hong Kong (PCMHK) has obtained Type 4 (Advising on Securities) and Type 9 (Asset Management) licenses from...
Jan 9
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
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
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
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
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
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
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
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
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
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
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
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
South Korea expands support for trade-hit firms
South Korea will implement a new trade rule to expand support for companies affected by trade agreements, the industry ministry said. The...
Jan 2
Philippines Insurance Commission sets rules for MBA valuations
The Philippines Insurance Commission (IC) plans to set valuation standards for mutual benefit associations’ (MBA) policy reserves. A...
Jan 2
