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Sep 23

Qatar’s QIA expanding into SE Asia, Australia, Korea

Qatar Investment Authority (QIA), the country’s sovereign wealth fund managing USD526bn in assets, is expanding into Australia, Korea,...

Hong Kong ranks eighth globally with 320 centi-millionaires

Sep 20

FAMILY OFFICES

Hong Kong ranks eighth globally with 320 centi-millionaires

Hong Kong ranks eighth globally with 320 centi-millionaires (individuals holding more than USD100m in assets), following Beijing,...

Sep 19

ECONOMY

Taiwan regulator rejects historic deal

Taiwan’s Financial Supervisory Commission (FSC) has rejected CTBC Financial Holding’s proposed USD4.1bn takeover of Shin Kong Financial...

Japan maintains moderate recovery outlook amid global risks

Sep 19

ECONOMY

Japan maintains moderate recovery outlook amid global risks

Japan’s government said on Wednesday that the economy is in moderate recovery, but remains cautious due to potential global economic...

40% of Singapore firms see minimal impact from carbon tax hike

Sep 17

REGULATION

40% of Singapore firms see minimal impact from carbon tax hike

Nearly 40% of Singaporean companies reported minimal impact from the recent carbon tax hike, according to a survey by the Sustainable...

Vietnam’s domestic investor accounts hit two-year high in August

Sep 17

ECONOMY

Vietnam’s domestic investor accounts hit two-year high in August

Vietnam’s domestic investor accounts rose by over 330,000 in August to more than 8.6 million, the highest in over two years, data...

Vietnam PM urges ASEAN Business Council to boost economic ties

Sep 16

ECONOMY

Vietnam PM urges ASEAN Business Council to boost economic ties

Vietnam’s Prime Minister Pham Minh Chinh has urged the ASEAN Business Advisory Council (ASEAN BAC) to collaborate closely with...

AmCham: Only 66% of US firms profitable in China last year

Sep 16

ECONOMY

AmCham: Only 66% of US firms profitable in China last year

US companies in China are reporting record-low profits and business confidence amid escalating US-China tensions and a slowing Chinese...

Cathay Financial Raises Taiwan GDP Forecast to 3.7%

Sep 12

ECONOMY

Cathay Financial Raises Taiwan GDP Forecast to 3.7%

Cathay Financial Holding Co raised its GDP growth forecast for Taiwan this year from 3.6% to 3.7%, citing stronger-than-expected exports,...

Belt and Road Summit 2024 to highlight sustainable growth and cooperation

Sep 10

ECONOMY

Belt and Road Summit 2024 to highlight sustainable growth and cooperation

The 2024 Belt and Road Summit , organised by the Hong Kong Trade Development Council (HKTDC), convened senior government officials and...

Singapore business confidence hits two-year high in Q4

Sep 10

ECONOMY

Singapore business confidence hits two-year high in Q4

Business confidence in Singapore has risen for the fifth consecutive quarter, reaching a two-year peak in Q4 of 2024, according to the...

Philippine CEOs optimistic about revenue growth despite global uncertainties

Sep 9

ECONOMY

Philippine CEOs optimistic about revenue growth despite global uncertainties

A recent survey conducted by PwC Philippines in partnership with the Management Association of the Philippines (MAP) reveals strong...

Bursa Malaysia moves to attract more foreign investors with more liquidity

Sep 6

REGULATION

Bursa Malaysia moves to attract more foreign investors with more liquidity

Malaysia’s stock exchange is taking steps to reduce the dominance of large domestic investors to boost trading and attract foreign...

Sep 5

REGULATION

Vietnam proposes major cuts in business regulations for 2025

The Ministry of Industry and Trade in Vietnam has proposed to cut or simplify 69 business conditions and administrative procedures for...

Indonesia and South Korea launch currency cooperation for trade

Sep 4

ECONOMY

Indonesia and South Korea launch currency cooperation for trade

Bank Indonesia (BI) and the Bank of Korea, along with South Korea’s Ministry of Economy and Finance, have finalised a Local Currency...

Thailand to slash taxes for financial hub initiative

Aug 30

ECONOMY

Thailand to slash taxes for financial hub initiative

Thailand’s Ministry of Finance is poised to reduce personal and corporate income tax rates for approved individuals and businesses as...

Thai listed companies see 9.7% profit jump in H1

Aug 27

ECONOMY

Thai listed companies see 9.7% profit jump in H1

Net profits of listed companies on the Stock Exchange of Thailand (SET) surged 9.7% year-on-year to THB519bn in the first half of 2024,...

Insurtech deals in SE Asia hit USD2.35bn in 2023

Aug 27

ECONOMY

Insurtech deals in SE Asia hit USD2.35bn in 2023

Insurtech deals in Southeast Asia surged to USD2.35bn in 2023, up from USD538m in 2022, despite macroeconomic challenges, according to an...

Philippines’ embedded finance to grow 42% annually

Aug 26

ECONOMY

Philippines’ embedded finance to grow 42% annually

The Philippines’ financial industry is poised to drive a 42% annual growth in the embedded finance sector, according to a recent Fintech...

Aug 23

ECONOMY

Thai economy nears crisis amid export decline says finance minister

Thailand’s economy is nearing crisis due to declining exports and uncompetitive manufacturing, said caretaker Finance Minister Pichai...

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