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OCBC’s private bank appoints transformation lead

Bank of Singapore, the private banking arm of OCBC, has appointed former Credit Suisse executive Karthik Shenoy as head of platforms and...

Singapore enhances anti-money laundering framework

Oct 9

REGULATION

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...

Dunhill Ventures to establish family office network in Hong Kong

Oct 9

Dunhill Ventures to establish family office network in Hong Kong

Dunhill Ventures, led by Piers Dunhill—the great-grandson of Alfred Dunhill—is set to establish its Family Office Network in Hong Kong,...

Vietnam’s Q3 GDP growth accelerates to 7.4%, surpassing forecasts

Oct 9

Vietnam’s Q3 GDP growth accelerates to 7.4%, surpassing forecasts

Vietnam’s economy expanded by 7.4% in the third quarter compared to the same period last year, exceeding the 6.1% median estimate from a...

Thailand's finance ministry to sell stakes in over 100 firms

Oct 9

OTHER NEWS

Thailand's finance ministry to sell stakes in over 100 firms

Thailand’s Finance Ministry plans to propose to the cabinet in December the sale of both listed and unlisted shares it holds in over 100...

China confident of meeting annual growth target

Oct 8

China confident of meeting annual growth target

China is confident it can maintain steady and healthy economic growth and achieve its full-year growth target, the country’s top economic...

BNP Paribas appoints new CEO for Taiwan branches

Oct 8

BNP Paribas appoints new CEO for Taiwan branches

BNP Paribas has appointed Bruno Boussard as CEO of its Taiwan branches, effective October 1, 2024, pending regulatory approval. Boussard,...

Insurance industry braces for increased risks

Oct 8

Insurance industry braces for increased risks

The global insurance industry is facing heightened risks due to escalating geopolitical conflicts and the increasing severity of natural...

Wealth Management Alliance names industry veteran Knabl as managing partner

Oct 8

Wealth Management Alliance names industry veteran Knabl as managing partner

Singapore-based multi-family office Wealth Management Alliance (WMA) has appointed industry veteran Steve Knabl as managing partner. WMA,...

World Bank raises Malaysia's 2024 growth forecast to 4.9%

Oct 7

World Bank raises Malaysia's 2024 growth forecast to 4.9%

The World Bank Group has upgraded Malaysia’s economic growth forecast for 2024 to 4.9%, up from an initial 4.3% projected in April....

Hong Kong poised to surpass Switzerland as top wealth hub

Oct 7

Hong Kong poised to surpass Switzerland as top wealth hub

Hong Kong is set to overtake Switzerland as the world’s leading destination for wealth management by 2027-28, according to government...

South Korea and Singapore to establish strategic partnership in 2025

Oct 7

South Korea and Singapore to establish strategic partnership in 2025

South Korean President Yoon Suk Yeol announced that South Korea and Singapore will enter into a strategic partnership next year, marking...

Oct 7

Family offices shift from cash to risk assets, optimistic on returns

Family offices worldwide have significantly increased their exposure to risk assets in 2024, moving away from cash holdings, according to...

Thailand poised as SE Asia’s digital hub with major investments

Oct 4

REGULATION

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,...

Japan’s business sentiment steady in Q3, tankan survey shows

Oct 4

Japan’s business sentiment steady in Q3, tankan survey shows

Business sentiment among Japan’s large manufacturers remained unchanged in the latest quarter, according to the Bank of Japan’s tankan...

Hong Kong banks offer incentives to attract mainland clients during golden week

Oct 4

OTHER NEWS

Hong Kong banks offer incentives to attract mainland clients during golden week

Major Hong Kong banks including HSBC, Citibank, DBS, and Bank of East Asia offered special incentives such as horse racing, golf events,...

Azure Capital secures funding for multifamily growth in China

Oct 4

Azure Capital secures funding for multifamily growth in China

Azure Capital Partners, backed by Hong Kong-listed H World Group Limited and leading institutional investors, has secured new investment...

IMF lowers Philippines GDP growth forecast amid persistent inflation

Oct 3

IMF lowers Philippines GDP growth forecast amid persistent inflation

The International Monetary Fund (IMF) has reduced its economic growth projections for the Philippines, citing ongoing high inflation that...

BNP Paribas names Laure Ly head of Hong Kong securities services

Oct 3