

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


Hong Kong Investment Co names managers for revived investor visa fund
Hong Kong Investment Corporation has named four fund managers and a service provider for the New Capital Investment Entrant Scheme, part...
Dec 31, 2024


Malaysian regulator reprimands Bybit over unregistered exchange
Malaysia’s Securities Commission (SC) reprimanded Bybit Technology Limited and CEO Ben Zhou for operating a digital asset exchange...
Dec 31, 2024


Vietnam’s big four banks report strong 2024 results
Vietnam’s four largest banks—BIDV, Vietcombank, VietinBank, and Agribank—reported positive preliminary results for 2024, with asset...
Dec 31, 2024


Hong Kong banks chase relationship managers, due diligence & data professionals
Relationship managers, customer due diligence officers and data analysts rank among Hong Kong’s hottest roles, say human resource...
Dec 30, 2024


South Korean main business lobby solicits support for local economy
South Korea’s main business lobby has sent letters this week urging support for the Korean economy from 33 global counterparts amid...
Dec 30, 2024


Vietnam approves new credit rating providers
Vietnam's Ministry of Finance has granted credit rating certificates to five companies, including the newly added Thien Minh Credit...
Dec 30, 2024


ByteDance founder’s fund secures HK asset management licence
Hong Kong’s Securities and Futures Commission (SFC) has granted a type 9 asset management licence to Cool River Venture HK, a private...
Dec 23, 2024


Financial industry leader to head Japan’s Keidanren for first time
Japan’s biggest business lobby, Keidanren, plans to appoint Nippon Life Insurance Chairman Yoshinobu Tsutsui as its next head, current...
Dec 23, 2024


Losses widen at Singapore’s digital startup banks
Singapore’s digital banks remain loss-making despite increased revenues since their launch about two years ago. GXS Bank, backed by Grab...
Dec 23, 2024


OECD urges easing of Philippine IPO requirement
Regulators should consider easing listing requirements and reducing fees to boost the number of Philippine companies going public, the...
Dec 16, 2024


Central bank chair post under scrutiny in Thailand
Thailand’s finance minister is examining whether Kittiratt Na-Ranong meets all necessary criteria before recommending him for the Bank of...
Dec 16, 2024


Nippon Life to ink largest Japanese insurance takeover deal
Japanese insurance major Nippon Life has agreed to acquire all the shares it does not own in Resolution Life for about USD8.2bn, the...
Dec 16, 2024


South Korea’s Hanwha launches financial AI centre in US
Hanwha Group’s financial subsidiaries have opened the Hanwha AI Center in San Francisco, marking the first AI research hub in the city by...
Dec 12, 2024