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Feb 23, 2024
International firms pick SG over HK for Asian headquarters
Singapore has become the preferred Asian headquarters for international businesses, hosting 4,200 multinational firms in 2023 compared to...
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Feb 21, 2024
HKIFA advocates dollar-cost averaging for MPF members
The Hong Kong Investment Funds Association (HKIFA) recommends Mandatory Provident Fund (MPF) members adopt dollar-cost...
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Feb 21, 2024
Philippine central bank to simplify FX transaction rules
The Philippine central bank is set to finalize a circular aimed at simplifying foreign exchange (FX) transaction requirements. The...
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Feb 21, 2024
Vietnam's deputy finance minister calls for stronger stock market policies
Vietnam's Deputy Minister of Finance Nguyen Durc Chi highlighted the need for a stronger legal framework and policies to ensure the stock...
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Feb 20, 2024
Japan to ease digital asset regulations for investment firms
Japan is set to allow venture capital and investment funds to directly hold digital assets, following Prime Minister Fumio Kishida's...
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Feb 19, 2024
Singapore's scam cases hit record high in 2023
Scam cases in Singapore surged to a record 46,563 in 2023, despite widespread media alerts and official warnings, marking a 46.8%...
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Feb 15, 2024
Hong Kong’s MPF digital transition set for 2025 full launch
The Mandatory Provident Funds Schemes Authority (MPFA) is set to launch its eMPF digital platform in Q2, with full functionality expected...
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Feb 15, 2024
Philippines urged to relax foreign investment restrictions
Economists call for Philippine President Ferdinand R. Marcos, Jr.’s administration to amend the 1987 Constitution to relax foreign...
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Feb 13, 2024
Philippines central bank may issue own digital currency next year
The Bangko Sentral ng Pilipinas (BSP) is considering launching its own central bank digital currency (CBDC) as early as next year or by...
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Feb 12, 2024
Hong Kong launches consultation on virtual asset OTC regulation
Hong Kong has initiated a two-month consultation on proposals to regulate OTC trading of virtual assets, requiring a licence from the...
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Feb 9, 2024
Malaysia’s SC launches FSA to accelerate capital market approvals
The Securities Commission Malaysia (SC) has introduced the Focused Scope Assessment (FSA) for Capital Market Intermediaries and...
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Feb 8, 2024
China eases data rules for foreign firms in Shanghai
Shanghai is planning to fast-track approvals for foreign firms to transfer local data offshore, a significant easing of China’s strict...
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Feb 8, 2024
Deepfake video call tricks HK finance worker into USD25m scam
Hong Kong police have disclosed a sophisticated fraud scheme where a finance worker at a multinational firm was conned into transferring...
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Feb 7, 2024
Thailand-Sri Lanka FTA opens doors for Thai businesses in South Asia
Thailand and Sri Lanka have signed a free trade agreement (FTA) in Colombo to enhance bilateral trade, with Thailand’s Prime Minister...
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Feb 5, 2024
China’s regulatory body promises action against USD6tr market slide
In response to a significant market downturn, with shares hitting a five-year low amid USD6tr in losses, China has committed to market...
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Feb 1, 2024
China to merge hundreds of rural banks amid financial strain
China is initiating a vast consolidation in its banking sector, planning to merge numerous rural lenders into regional powerhouses to...
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Jan 30, 2024
Insurance complaints up in the Philippines in 2023
Insurance complaints in the Philippines rose by 7.8% to 5,417 cases in 2023, with the most significant increases in mutual benefit...
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Jan 29, 2024
HK and China expand cross-border wealth management scheme
Regulators in Hong Kong and mainland China have announced significant enhancements to the cross-border Wealth Management Connect (WMC)...
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Jan 29, 2024
Thailand, China agree to waive Visa requirements
Thailand and China have agreed to waive visa requirements for each other’s citizens starting March 1. This announcement, made during a...
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Jan 29, 2024
Hong Kong tightens crypto market regulations
Hong Kong is set to regulate its over-the-counter virtual asset trading, responding to a surge in cryptocurrency investments from...