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Oct 10, 2024
HKEX chairman unveils financial literacy initiative
Hong Kong Exchanges and Clearing (HKEX) chairman Carlson Tong Ka-shing announced plans to boost financial literacy education to...
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Oct 9, 2024
Singapore enhances anti-money laundering framework
Singapore’s Inter-Ministerial Committee (IMC) has released a report outlining enhanced strategies to strengthen the nation’s anti-money...
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Oct 4, 2024
Thailand poised as SE Asia’s digital hub with major investments
Thailand is set to become a digital economic hub in Southeast Asia, driven by the expansion of domestic data centres and cloud services,...
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Oct 2, 2024
Bursa Malaysia reviews listing rules
Following the launch of Malaysia’s National Sustainability Reporting Framework (NSRF), Bursa Malaysia Securities Berhad is revising its...
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Oct 2, 2024
Indonesia stock exchange sees significant growth in investor base
As of September 2024, the Indonesia Stock Exchange (IDX) reported a total of 6 million stock investors, up by over 744,000 from 2023....
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Oct 2, 2024
Thailand’s inspections reveal few illegal nominee operations
Thailand’s Business Development Department reported that out of more than 26,000 businesses inspected for illegal nominee operations,...
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Sep 27, 2024
China backs cross-border financing in Hong Kong
China’s state economic planner, the National Development and Reform Commission (NDRC), pledged to support more mainland companies seeking...
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Sep 27, 2024
Philippines nears FATF gray list removal after reforms
The Philippines may exit the Financial Action Task Force (FATF) gray list by 2025, according to the Department of Justice (DOJ). DOJ...
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Sep 26, 2024
Financial leaders join MAS’s new cyber and tech resilience panel
The Monetary Authority of Singapore (MAS) has established a Cyber and Technology Resilience Experts (CTREX) Panel to replace its Cyber...
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Sep 26, 2024
Hong Kong now top financial hub in Asia-Pacific
Hong Kong has risen to third globally and first in the Asia-Pacific region in the Global Financial Centers Index (GFCI) 36 Report,...
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Sep 25, 2024
Shanghai aims to attract more offshore PE funds
Shanghai has pledged to continue supporting investment by offshore private equity funds in local technology firms and may increase quotas...
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Sep 25, 2024
Morgan Stanley faces probe over SK hynix share trades
Morgan Stanley is under investigation by South Korean authorities over alleged suspicious trading of SK hynix shares before releasing a...
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Sep 24, 2024
Competition heats up for Thailand’s virtual bank licences
Thailand’s competition for virtual banking licences is intensifying as applications have exceeded the number of licences the central bank...
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Sep 23, 2024
CPA Australia urges Hong Kong for reforms to boost financial hub status
CPA Australia has urged the Hong Kong government to enact further reforms in the upcoming Policy Address to strengthen the city’s...
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Sep 20, 2024
Five groups compete for virtual bank licences in Thailand
Five business groups are competing for new virtual bank licences in Thailand. The Gulf consortium, consisting of Krungthai Bank, Gulf...
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Sep 19, 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...
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Sep 18, 2024
Singapore’s MAS awards tax incentives to 1,650 single family offices by August end
The Monetary Authority of Singapore (MAS) has awarded tax incentives to about 1,650 single family offices (SFOs) as of the end of August,...
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Sep 18, 2024
Financial cooperation deepens as HK, Macau link clearing systems
The monetary authorities of Hong Kong and Macau will establish a direct link between their clearing, settlement, and custodian systems to...
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Sep 17, 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...
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Sep 17, 2024
Record China fine on PwC shifts focus to Hong Kong’s accounting watchdog
The focus of a prolonged investigation into PricewaterhouseCoopers (PwC) shifts to Hong Kong after the accounting firm received a record...