ECONOMY 12/12

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Jan 25

China to step up efforts to attract foreign firms

China reaffirms its commitment to attracting foreign investment and ensuring the legal rights of foreign companies, as stated by Li...

Hong Kong, Saudi Arabia strengthen financial ties

Jan 25

ECONOMY

Hong Kong, Saudi Arabia strengthen financial ties

Hong Kong’s Financial Services Development Council (FSDC) and Saudi Arabia’s Financial Sector Development Program (FSDP) have signed a...

Jan 24

ECONOMY

China's economy according to Paul Krugman

Paul Krugman, Nobel-prizewinning economist, has written an opinion piece in the New York Times arguing that the Chinese economy is in...

China urges HSBC to strengthen HK’s financial hub role

Jan 24

ECONOMY

China urges HSBC to strengthen HK’s financial hub role

China’s Vice President Han Zheng of China, following a meeting with HSBC Chairman Mark Tucker in Beijing, has called on HSBC to enhance...

Insurer calls for enhanced financial literacy among Malaysia’s youth

Jan 24

ECONOMY

Insurer calls for enhanced financial literacy among Malaysia’s youth

Prudential Malaysia Assurance Bhd (PAMB) is advocating for enhanced financial literacy among young Malaysians, particularly in...

Economic reforms needed in China, says UBS amid market rout

Jan 23

ECONOMY

Economic reforms needed in China, says UBS amid market rout

UBS Group AG’s wealth management arm stresses that the People’s Bank of China’s monetary easing effects are already factored into market...

Vietnam set for 6% growth in 2024, boosted by export revival

Jan 22

ECONOMY

Vietnam set for 6% growth in 2024, boosted by export revival

Vietnam’s economy is projected to grow by 6% in 2024, rebounding from the previous year’s slowdown, according to the ASEAN+3...

Jan 22

ECONOMY

Hong Kong should diversify economy, look beyond finance: Stiglitz

Nobel laureate Joseph Stiglitz has urged Hong Kong to diversify its economy beyond finance, citing global risks and deglobalisation....

Japanese companies eye restructuring, mergers for growth

Jan 19

ECONOMY

Japanese companies eye restructuring, mergers for growth

About half of Japanese firms are contemplating business reviews and restructurings, including acquisitions, according to a Reuters’...

Jan 18

ECONOMY

China’s economy grows 5.2% in 2023, in line with target

Premier Li Qiang, at the World Economic Forum in Davos, reported that China’s economy grew by 5.2% last year, in line with its goal....

Economists prefer Jokowi critic to lead Indonesia: Bloomberg

Jan 18

ECONOMY

Economists prefer Jokowi critic to lead Indonesia: Bloomberg

In the upcoming Indonesian presidential race, economists have shown a strong preference for Anies Baswedan, former Jakarta governor, in a...

HK business registrations hit seven-year high in 2023

Jan 17

ECONOMY

HK business registrations hit seven-year high in 2023

Hong Kong’s business sector reached a seven-year high in 2023, with local registered firms increasing by nearly 3% to 1.43 million, the...

Taiwan’s Lai Ching-te wins in landmark presidential election

Jan 16

ECONOMY

Taiwan’s Lai Ching-te wins in landmark presidential election

Ruling party candidate Lai Ching-te won Taiwan’s presidential election, a pivotal moment for the island’s relations with China. Beijing,...

Indonesia, Vietnam eye USD18bn trade target by 2028

Jan 15

ECONOMY

Indonesia, Vietnam eye USD18bn trade target by 2028

Vietnamese Prime Minister Pham Minh Chinh and Indonesian President Joko Widodo co-chaired a high-level business dialogue in Hanoi,...

Asia to lead insurtech industry’s revival in 2024

Jan 15

ECONOMY

Asia to lead insurtech industry’s revival in 2024

The insurtech industry is expected to rebound in 2024, particularly in Asia, following a downturn in European deal activity in 2023. This...

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