ECONOMY 11/12

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Feb 13

Thai firms urged to embrace diversity

In Thailand, a concerted effort led by the government and major corporations like Berli Jucker (BJC) and Big C Supercenter is underway to...

Feb 13

ECONOMY

Japan set to fall to world’s fourth-largest economy

Japan is poised to confirm its slip to the world’s fourth-largest economy last year, overtaken by Germany, and likely soon India, due to...

Milken Institute to launch first global investors’ symposium in HK

Feb 9

ECONOMY

Milken Institute to launch first global investors’ symposium in HK

The Milken Institute is set to host its inaugural Global Investors’ Symposium in Hong Kong on March 26, aiming to connect global markets...

Japan’s largest bank Mitsubishi UFJ reports surge in Q3 earnings

Feb 7

ECONOMY

Japan’s largest bank Mitsubishi UFJ reports surge in Q3 earnings

Mitsubishi UFJ Financial Group, Japan’s largest bank, reported a third-quarter net profit of JPY370.64bn (USD3.35bn), a significant...

OECD raises global growth forecast to 2.9%

Feb 7

ECONOMY

OECD raises global growth forecast to 2.9%

The OECD has upgraded its global economic growth forecast for this year to 2.9%, attributing the increase to an improved outlook for the...

China’s Belt and Road investment hits record high since 2018

Feb 6

ECONOMY

China’s Belt and Road investment hits record high since 2018

China’s investment in Belt and Road Initiative (BRI) countries surged to its highest level since 2018, reaching nearly USD50bn in...

Feb 6

ECONOMY

Philippine economy set for growth surge in 2024

The Philippine economy is expected to accelerate in 2024, buoyed by easing inflation and potential interest rate cuts, according to BPI...

US businesses in China more optimistic, yet cautious on investment

Feb 5

ECONOMY

US businesses in China more optimistic, yet cautious on investment

US businesses in China have grown more optimistic about bilateral relations and profit prospects compared to last year, according to a...

Feb 5

ECONOMY

Philippines poised to become Asian tiger economy, says trade chief

Trade and Industry Secretary Alfredo Pascual is optimistic about the Philippines becoming a leading tiger economy in Asia, backed by...

Vietnam’s real estate sector shows signs of recovery amid challenges

Feb 5

ECONOMY

Vietnam’s real estate sector shows signs of recovery amid challenges

Vietnamese real estate companies have shown resilience amid a sluggish market, with notable firms reporting significant profits. No Va...

ADB sets record with USD9.8bn climate finance in 2023

Feb 2

ECONOMY

ADB sets record with USD9.8bn climate finance in 2023

The Asian Development Bank (ADB) has pledged a record USD9.8bn in climate finance for 2023 to support Asia and the Pacific in reducing...

Vietnamese banks’ profits soar from securities

Feb 2

ECONOMY

Vietnamese banks’ profits soar from securities

Vietnamese commercial banks experienced a dramatic increase in profits from securities investment and trading in Q4 2023, driven by a...

IMF upgrades Asia’s 2024 growth forecast

Feb 1

ECONOMY

IMF upgrades Asia’s 2024 growth forecast

The International Monetary Fund (IMF) forecasts that emerging Asian economies will grow by 5.2% in 2024, a slight decrease from 5.4% in...

China to merge hundreds of rural banks amid financial strain

Feb 1

REGULATION

China to merge hundreds of rural banks amid financial strain

China is initiating a vast consolidation in its banking sector, planning to merge numerous rural lenders into regional powerhouses to...

Singapore’s investment landscape shows resilience

Jan 31

ECONOMY

Singapore’s investment landscape shows resilience

Singapore’s Economic Development Board (EDB) announced a SGD12.7bn investment in 2023, surpassing its medium-to-long term targets but...

Investment potential of ammonia as renewable fuel explored at Asia Futurist event

Jan 31

ECONOMY

Investment potential of ammonia as renewable fuel explored at Asia Futurist event

Jonathan Watkin and Daniel Jiang from Sustainable Energy Investments Ltd, recently spoke at the Asia Futurist event about renewable...

Jan 30

ECONOMY

Malaysia’s economy predicted to grow 4.5% this year

Malaysia’s economy is forecasted to grow by 4.5% in 2024, according to Hong Leong Bank Bhd (HLB). This positive outlook is attributed to...

DBS predicts significant GDP growth for Taiwan

Jan 29

ECONOMY

DBS predicts significant GDP growth for Taiwan

DBS Bank forecasts a robust 3.5% GDP growth for Taiwan in 2024, a notable increase from last year’s 1.1%, fueled by a rebound in exports...

Jan 26

ECONOMY

HSBC predicts 6% growth for Vietnam’s economy in 2024

Vietnam’s economy is projected to grow by 6% in 2024, surpassing its growth in 2023, according to HSBC Vietnam economists. This growth is...

Economic czar calls for more Philippines firms to go public

Jan 26

ECONOMY

Economic czar calls for more Philippines firms to go public

Frederick Go, Secretary of the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), aims to...

8 9 10

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