

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 20, 2024


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...
Sep 19, 2024


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...
Sep 19, 2024


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...
Sep 17, 2024


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...
Sep 17, 2024


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...
Sep 16, 2024


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...
Sep 16, 2024


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,...
Sep 12, 2024


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...
Sep 10, 2024


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...
Sep 10, 2024


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...
Sep 9, 2024


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 6, 2024


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...
Sep 5, 2024


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...
Sep 4, 2024


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...
Aug 30, 2024


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,...
Aug 27, 2024


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...
Aug 27, 2024


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 26, 2024


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...
Aug 23, 2024


Digital economy forecast to capture 17% of global GDP by 2028
Forrester’s Global Digital Economy Forecast, 2023-2028 report, released on August 19, projects the digital economy to swell to...
Aug 20, 2024