

Malaysia announces intent to join BRICS
Malaysia is set to join the BRICS group of emerging economies, Prime Minister Anwar Ibrahim announced in an interview with Chinese media...
Jun 20, 2024


Vietnam continues to be Southeast Asia’s bright star
Vietnam remains a “bright star” in Southeast Asia despite last year’s power shortages and a weakened real estate market, according to Kai...
Jun 19, 2024


Taiwan’s financial sector optimistic on revenue growth
Taiwan’s financial institutes are optimistic, with 50% expecting revenue growth compared to 33% in other sectors, according to...
Jun 18, 2024


Hong Kong, Singapore top most expensive cities list
Hong Kong and Singapore topped the list of the world’s most expensive cities for expatriates, surpassing Swiss cities for the second...
Jun 18, 2024


Philippines and Malaysia boost economic ties
Philippines Finance Secretary Ralph Recto and the Malaysian Ambassador to the Philippines, Dato’ Abdul Malik Melvin Castelino, recently...
Jun 17, 2024


Fitch upgrades Philippines banking sector outlook to ‘improving’
Fitch Ratings has upgraded its outlook for the Philippine banking sector from ‘neutral’ to ‘improving,’ citing the potential for...
Jun 14, 2024


South Korea sees record number of businesses founded by seniors in Q1
The number of enterprises founded by individuals aged 60 and above hit a record high in the first quarter, despite an overall decline in...
Jun 13, 2024


Apac M&A activity hits 11-year low, down 26% YoY
Mergers and acquisitions (M&A) activity in the Asia-Pacific (Apac) region has significantly declined, reaching an 11-year low of USD179bn...
Jun 12, 2024


Philippines economic outlook revised following slow Q1
The International Monetary Fund (IMF) has adjusted its growth forecast for the Philippines, now projecting a 6% GDP increase for this...
Jun 11, 2024


HKEX urges investors not to fear over market negativity
Hong Kong Exchanges and Clearing deputy chief executive Wilfred Yiu encouraged investors not to be deterred by negative remarks about...
Jun 10, 2024


Hong Kong banks see surge in mainland Chinese clients
HSBC Holdings Plc and other Hong Kong banks reported a surge in new accounts from mainland Chinese in the first quarter, with over...
Jun 6, 2024


South Korea surges 1.3% in Q1, fastest in two years
South Korea’s economy grew 1.3% in the first quarter of 2024, the fastest pace in over two years, driven by a robust recovery in exports...
Jun 6, 2024


Nium secures USD50m for cross-border payment expansion
Nium, a Singapore-based real-time cross-border payments company, announced that it raised USD50m in a Series E funding round, valuing the...
Jun 6, 2024


Thailand’s central bank prioritises credit access for SMEs
Thailand’s deputy central bank governor highlighted the urgent need to address credit access issues for small and medium-sized...
Jun 5, 2024


Malaysia’s retirement system needs urgent reform, says PM
Prime Minister Datuk Seri Anwar Ibrahim emphasised the need for comprehensive reforms in Malaysia’s pension system to ensure equitable...
Jun 5, 2024


KKR eyes entry into Japan’s private credit market
KKR & Co. is exploring the possibility of entering Japan’s private credit market, aiming to offer an alternative to traditional bank...
Jun 4, 2024


BNPL to account for 2% of total spending in Singapore by 2027
Buy now, pay later (BNPL) services will continue as a key payment option in Singapore, maintaining a steady 2% of total spending by 2027,...
May 31, 2024


IMF upgrades China’s growth forecast
The International Monetary Fund (IMF) has raised its economic growth forecast for China to 5% this year, up from 4.6%, following a strong...
May 31, 2024


Bank of Singapore forms global investment advisory council
The Bank of Singapore, OCBC’s private banking arm, has launched an independent investment advisory council composed of global experts...
May 30, 2024


Taiwan sees economic uptick as business climate monitor shifts
Taiwan’s business climate monitor hit ‘yellow-red’, indicating a slight economic boom for the first time in two years, reported the...
May 29, 2024