

Thailand’s 2024 GDP misses forecast
Thailand’s economy grew 2.5% in 2024, below the 2.7% forecast and lagging regional peers despite a pickup from 2% in 2023, official data...
Feb 18


Japan firms to post record earnings for fourth year
Major Japanese firms are set to post a record combined net profit for the fourth straight year in fiscal 2024, driven by Bank of Japan...
Feb 18


UK steps up private talks on finance ties with Hong Kong
The UK has intensified private discussions to strengthen financial services ties with Hong Kong, deploying Treasury officials in late...
Feb 17


Taiwan to open trade, investment centre in Japan’s Kyushu
Taiwan’s Ministry of Economic Affairs plans to establish a trade and investment centre in Fukuoka, Kyushu, to support Taiwanese firms...
Feb 17


Vietnam ranks among top investment destinations, says PwC
Vietnam ranks sixth among 13 countries and territories identified as top investment destinations over the next 12 months, according to...
Feb 13


Hong Kong loan growth to stall in 2025, says DBS
DBS Hong Kong expects the city’s loans market to stagnate in 2025 after a 6% decline in total loans in 2024, citing a property market...
Feb 13


Fidelity: Hongkongers plan finances, yet struggle to save
A Fidelity International survey found that 98% of Hongkongers prioritise emergency savings and maintaining their lifestyle, but only 40%...
Feb 10


Vietnam extends tax relief measures to boost economy in 2025
Vietnam has extended and expanded tax relief programmes for 2025 to support businesses and drive economic growth, the Ministry of Finance...
Feb 7


Vietnam’s Da Nang aims to become regional financial hub by 2050
Vietnam’s Da Nang city aims to develop at least five financial technology (FinTech) firms with annual revenues exceeding VND1tr (USD40m)...
Feb 6


Indonesia to shift USD61bn in state assets to new investment fund
Indonesia plans to transfer at least USD61bn in state assets into a new investment fund, Daya Anagata Nusantara (Danantara), which will...
Feb 6


Hong Kong growth slows to 2.5% in 2024
Hong Kong’s economic growth slowed to 2.5% in 2024, down from 3.2% the previous year, as residents spent more outside the city, the...
Feb 5


Singapore businesses urged to stay resilient amid trade uncertainty
Singapore businesses must stay agile as trade uncertainties and cost pressures could impact growth in 2025, Deputy Prime Minister Gan Kim...
Jan 31


South Korea’s bank branches decline for sixth year amid digital shift
The number of bank branches in South Korea fell for the sixth consecutive year in 2024 as more customers opted for mobile and online...
Jan 31


Singapore enters Year of the Snake with a strong economy
Singapore’s economy grew 4% in 2024, rebounding from 1.1% the previous year, with inflation easing and unemployment remaining low, Prime...
Jan 30


Thailand targets 3%-3.5% growth in 2025
Thailand’s economy is forecast to grow 3%-3.5% in 2025, supported by stimulus measures, foreign investment, and a projected 39 million...
Jan 28


US businesses in China worry over bilateral tensions says Amcham
Over half of American businesses in China are concerned about worsening US-China relations, the highest level in five years, according to...
Jan 27


PE major Coller Capital targets Southeast Asia investors
Coller Capital, a London-based private equity secondary market investor managing USD36bn globally, is opening a Singapore office to meet...
Jan 23


Philippines finance chief seeks to woo global investors in Davos
The Philippines needs more investments to hit the upper end of its 6%-8% growth target, Finance Secretary Ralph G. Recto said. At the...
Jan 23


Asean+3 growth slows as US-China tariff tensions rise
The Asean+3 Macroeconomic Research Office (Amro) has lowered its 2025 growth forecast for Asean+3 economies, citing expected U.S. tariff...
Jan 22


Moody’s sees Philippines growth slowing to 6.1% in 2025
The Philippine economy is expected to grow 6.1% in 2025, down from an estimated 6.2% in 2024, Moody’s Ratings said in an outlook. Despite...
Jan 20