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Jan 3
Vietnam set to finalise Mobile Money rules
An official legal framework for Mobile Money is expected in early 2025 to boost cashless payments in rural and remote areas, as the pilot...
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Jan 2
Six firms to raise USD429m in Hong Kong IPO rush
Hong Kong’s IPO market is showing signs of revival, with at least six companies planning to raise HKD3.3bn (USD429m) through listings by...
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Jan 2
South Korea expands support for trade-hit firms
South Korea will implement a new trade rule to expand support for companies affected by trade agreements, the industry ministry said. The...
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Jan 2
Philippines Insurance Commission sets rules for MBA valuations
The Philippines Insurance Commission (IC) plans to set valuation standards for mutual benefit associations’ (MBA) policy reserves. A...
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Jan 1, 2025
Vietnam enacts major economic reforms from January 1, 2025
Starting January 1, several key economic policies will take effect in Vietnam, including new transport regulations, tax adjustments, and...
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Dec 31, 2024
Malaysian regulator reprimands Bybit over unregistered exchange
Malaysia’s Securities Commission (SC) reprimanded Bybit Technology Limited and CEO Ben Zhou for operating a digital asset exchange...
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Dec 30, 2024
Vietnam approves new credit rating providers
Vietnam's Ministry of Finance has granted credit rating certificates to five companies, including the newly added Thien Minh Credit...
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Dec 27, 2024
China approves new VAT law, effective 2026
China passed a value-added tax (VAT) law that will take effect on January 1, 2026, consolidating existing regulations and retaining...
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Dec 27, 2024
New crypto regulations could spark Philippines market growth
The Philippine Securities and Exchange Commission’s draft rules for crypto asset service providers could boost investor protection and...
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Dec 26, 2024
More digital assets firms pick Singapore over Hong Kong
Singapore advanced its push to become a digital assets hub in 2024, outpacing Hong Kong, which has struggled to gain momentum. Singapore...
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Dec 26, 2024
HKEX implements new rules for independent directors
Hong Kong Exchanges and Clearing (HKEX) will enforce new limitations on independent non-executive directors (INEDs) starting July next...
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Dec 26, 2024
Global investors urge Korea to pass corporate governance reform
The Asian Corporate Governance Association (ACGA) has urged Korea’s National Assembly to approve revisions to the Commercial Act,...
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Dec 25, 2024
Hong Kong, UAE ink deal to enhance financial cooperation
The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held a bilateral meeting in Hong Kong...
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Dec 24, 2024
Digitisation, AI and climate change top SEA Central Banks’ agenda
The 60th South East Asian Central Banks (SEACEN) Governors’ Conference and 44th SEACEN Board of Governors Meeting, hosted by the Bank of...
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Dec 23, 2024
ByteDance founder’s fund secures HK asset management licence
Hong Kong’s Securities and Futures Commission (SFC) has granted a type 9 asset management licence to Cool River Venture HK, a private...
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Dec 23, 2024
New HKEX platform offers direct market data
Hong Kong Exchanges and Clearing (HKEX) launched a new online data platform, HKEX Data Marketplace, allowing global investors direct...
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Dec 23, 2024
Losses widen at Singapore’s digital startup banks
Singapore’s digital banks remain loss-making despite increased revenues since their launch about two years ago. GXS Bank, backed by Grab...
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Dec 20, 2024
Hong Kong securities regulator targets Nasdaq-listed firms
Hong Kong’s securities regulator searched offices of about a dozen local finance firms and individuals last month in a probe involving...
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Dec 19, 2024
China-US economic group meets in South Africa
The China-US economic working group held its seventh meeting in Johannesburg, South Africa, China’s Ministry of Finance said. The...
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Dec 19, 2024
World Bank identifies excessive tax evasion and too few audits in Indonesia
At least one in four Indonesian firms evaded tax last year, a World Bank survey found, citing perceptions of widespread tax avoidance and...