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Feb 11
Thailand to begin central bank governor selection in March
Thailand will begin selecting a new central bank governor in March to replace Sethaput Suthiwartnarueput, whose five-year term ends in...
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Feb 11
South Korean financial watchdog vows tighter debt, risk controls
South Korea’s Financial Supervisory Service (FSS) announced plans to strengthen the management of household debt and enhance financial...
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Feb 11
Thailand eyes Phuket for cryptocurrency pilot project
Former Thai prime minister Thaksin Shinawatra has proposed using Phuket as a Bitcoin sandbox to attract cryptocurrency holders and boost...
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Feb 7
South Korea to launch alternative stock trading platform in March
South Korea will launch an alternative trading system, Nextrade (NXT), in March to enhance efficiency and convenience in securities...
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Feb 7
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...
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Feb 6
HKEX sees over 100 IPO applications amid market optimism
Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing said he remains cautiously optimistic about the city’s IPO market...
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Feb 6
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)...
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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...
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Feb 6
South Korea to tighten bank oversight after loan scandals
South Korea’s Financial Supervisory Service (FSS) said it will tighten oversight of banks and take action against weak internal controls...
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Feb 3
HK accounting body calls for better ESG practices
More than half of Hang Seng Index firms voluntarily released sustainability reports in 2024, but most received only limited assurance,...
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Feb 3
Taiwan eases regulations to boost asset management hub ambitions
Taiwan is advancing financial deregulation to expand its asset management sector and attract more private banking clients, Financial...
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Jan 31
Philippines on track to exit FATF gray list by February
The Philippines is on course to exit the Financial Action Task Force’s (FATF) gray list by next month, according to Bangko Sentral ng...
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Jan 30
China tightens oversight of trust firms
China released guidelines to enhance supervision of trust companies, aiming to strengthen risk control in the sector, according to a...
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Jan 30
Vietnam proposes fintech sandbox for financial centres
Vietnam’s Ministry of Planning and Investment (MPI) has proposed a regulatory sandbox for fintech activities under a draft resolution to...
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Jan 29
Philippines central bank tightens cybersecurity rules for financial firms
The Bangko Sentral ng Pilipinas (BSP) is tightening rules on IT controls and account security for financial institutions to combat...
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Jan 28
South Korea’s top brokers see earnings surge
South Korea’s major brokerage houses are estimated to have posted a combined operating income of KRW5.66tr (USD3.94bn) in 2024, up from...
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Jan 27
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...
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Jan 24
South Korea’s FSS chief expects market stability despite political turmoil
South Korea’s financial system remains resilient despite domestic and global challenges, the Financial Supervisory Service (FSS) governor...
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Jan 23
Indonesia targets February launch for family office programme
The National Economic Council (DEN) of Indonesia aims to launch a family office programme in February to further boost Indonesia’s appeal...
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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...