ECONOMY 7/12

ALL NEWS

May 3

Philippines outperforms major Asian economies in growth, says IMF

The International Monetary Fund (IMF) highlighted the Philippines as one of the resilient economies in the region, driven largely by...

Mixed financial trends in HK's March monetary report

May 3

ECONOMY

Mixed financial trends in HK's March monetary report

The Hong Kong Monetary Authority disclosed a modest 0.2% increase in total deposits at authorised institutions for March, despite a...

IMF upgrades 2024 Asia's economic outlook

May 2

ECONOMY

IMF upgrades 2024 Asia's economic outlook

The IMF has raised its 2024 growth forecast for Asia to 4.5%, up from 4.2% in its October estimate, reflecting improved economic...

Singapore PM Lee says Indonesia to drive ASEAN’s green growth

Apr 30

ECONOMY

Singapore PM Lee says Indonesia to drive ASEAN’s green growth

Singapore's prime minister, Lee Hsien Loong, expressed anticipation for Indonesia to spearhead Southeast Asia's green economy growth...

Hong Kong's GDP set to grow 2.5-3.5% in Q1

Apr 29

ECONOMY

Hong Kong's GDP set to grow 2.5-3.5% in Q1

Hong Kong's GDP is expected to continue its moderate growth trend, projecting a 2.5% to 3.5% increase for the first quarter, according to...

Philippines pushes for US free trade agreement amid election year

Apr 29

ECONOMY

Philippines pushes for US free trade agreement amid election year

The Philippines continues to actively pursue a bilateral free trade agreement (FTA) with the US, despite not being a priority for the US...

Hong Kong small businesses optimistic for 2024 growth

Apr 25

ECONOMY

Hong Kong small businesses optimistic for 2024 growth

Approximately 70% of small businesses in Hong Kong anticipate growth in 2024, the highest optimism in five years, as per a CPA Australia...

Apr 25

ECONOMY

Vietnam’s economy set to grow 5.5% in 2024

Vietnam’s economy is poised to grow by 5.5% in 2024 and 6% in 2025, driven by recovery signs and stronger exports, according to a World...

Global hedge fund assets hit record USD4.3tr in Q1

Apr 23

ECONOMY

Global hedge fund assets hit record USD4.3tr in Q1

The global hedge fund industry ended the first quarter with a record USD4.3tr in assets, data provider HFR said on Monday. The industry...

China’s deals slowdown hits HK’s investment banking sector

Apr 23

ECONOMY

China’s deals slowdown hits HK’s investment banking sector

Hong Kong investment bankers face potential job cuts amid a deal slowdown in China, according to Bloomberg Intelligence. About 200...

Hong Kong unemployment edges up to 3% in March quarter

Apr 22

ECONOMY

Hong Kong unemployment edges up to 3% in March quarter

Hong Kong’s unemployment rate rose slightly to 3% in the March quarter, with an increase of 9,400 unemployed persons. Unemployment rates...

Banking sector faces AI, ML Risks, Basel committee chair warns

Apr 19

ECONOMY

Banking sector faces AI, ML Risks, Basel committee chair warns

Banks must manage risks associated with using artificial intelligence (AI) and machine learning (ML) in their operations, stated Bank of...

IMF projects steady global growth at 3.2% through 2025

Apr 18

ECONOMY

IMF projects steady global growth at 3.2% through 2025

The International Monetary Fund (IMF) forecasts global economic growth to remain steady at 3.2% for 2024 and 2025, supported by robust...

Apr 17

ECONOMY

China’s economy grows 5.3% in Q1, exceeding expectations

China’s economy exceeded expectations in the first quarter of the year, growing at an annual rate of 5.3%, surpassing forecasts of 4.8%,...

Singapore SMEs face continued challenges

Apr 17

ECONOMY

Singapore SMEs face continued challenges

Small and medium-sized enterprises (SMEs) in Singapore remained in contraction for the fifth consecutive quarter, with the OCBC SME Index...

Vietnamese banks report strong Q1 growth

Apr 16

ECONOMY

Vietnamese banks report strong Q1 growth

In Q1 of 2024, several banks in Vietnam reported strong performance indicators, highlighted by significant credit growth. SeABank...

Green investments in SE Asia rise 20% to USD6.3bn in 2023

Apr 16

ECONOMY

Green investments in SE Asia rise 20% to USD6.3bn in 2023

Private sector investments in Southeast Asia’s green economy rose 20% to USD6.3bn in 2023, from USD5.2bn the previous year, according to...

Singapore condemns air strikes on Israel, urges restraint

Apr 15

ECONOMY

Singapore condemns air strikes on Israel, urges restraint

Singapore has condemned recent air attacks on Israel, attributing them to Iran as retaliation for an Israeli strike on Iran’s consulate...

Japan aims to reclaim tech leadership with major US investments

Apr 15

ECONOMY

Japan aims to reclaim tech leadership with major US investments

Japan’s push to reclaim its tech leadership could hinge on embracing rapid innovation and expanding its tech sectors like AI,...

Vietnam’s insurance revenue falls 4.3% in Q1 2024

Apr 12

ECONOMY

Vietnam’s insurance revenue falls 4.3% in Q1 2024

In the first quarter of 2024, Vietnam’s insurance premium revenue declined by 4.3% to VND53.29tr (USD2.11bn), marking the fourth...

5 6

8 9

ALL NEWS

Home
About Us
Contact Us
Terms of Use & Privacy

All News
Economy
Family Offices
Asset Management

People Moves
Private Equity
Regulation
Other News

Insights
Events
Newsletter
Partnering