Oct 11, 2024
ASEAN-BAC unveils IPO plan to boost regional investment
The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled key initiatives for Malaysia’s chairmanship next year, including an IPO...
Oct 11, 2024
China sets terms for merger to create USD226bn brokerage
Guotai Junan Securities and Haitong Securities have outlined their proposed merger to form a state-backed brokerage with USD226bn assets....
Oct 11, 2024
DBS Hong Kong's institutional banking head Wallace Lam to depart
DBS Group Holdings’ head of institutional banking for Hong Kong, Wallace Lam, is leaving the bank, according to a spokesperson. Boris...
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...
Oct 10, 2024
HSBC names new global CIO for insurance
HSBC has named William Chan as global chief investment officer and head of investments for global insurance, effective immediately. Chan...
Oct 10, 2024
Hong Kong partners with Bloomberg to boost family offices
Hong Kong is partnering with Bloomberg to host events promoting the city as a hub for family offices. The Financial Services and the...
Oct 10, 2024
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...
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...
Oct 9, 2024
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,...
Oct 9, 2024
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...
Oct 9, 2024
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...
Oct 8, 2024
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...
Oct 8, 2024
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,...
Oct 8, 2024
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...
Oct 8, 2024
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,...
Oct 7, 2024
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....
Oct 7, 2024
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...
Oct 7, 2024
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, 2024
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...
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,...