Jan 3
Asia First and Startups Community Asia Ltd Unite to Empower Entrepreneurs and Investors
Startups Community Asia Ltd , which operates leading platform for entrepreneurs, StartHub Asia, and Asia First , a prominent source for...
Jan 3
Family offices favour Taiwan, India, US in 2025
High-net-worth individuals and family offices may raise investments in mainland China and Hong Kong next year, encouraged by Beijing’s...
Jan 3
Singapore beats forecast, grows 4% in 2024
Singapore’s economy expanded 4% year on year in 2024, surpassing 2023’s 1.1% growth. Fourth-quarter GDP rose 4.3%, slower than Q3’s...
Jan 3
Thailand joins BRICS as partner country
Thailand joined BRICS as a partner country on 1 January 2025, as confirmed by the Ministry of Foreign Affairs. The announcement came from...
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...
Jan 2
Cheng family’s CTF eyes USD2bn toll road sale
CTF Services, the family’s infrastructure arm of Hong Kong’s billionaire Cheng family, is exploring the sale of mainland China toll roads...
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...
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...
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...
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...
Jan 1, 2025
Hong Kong expands tax perks to attract family offices
Hong Kong’s plan to expand tax concessions for single-family offices aims to strengthen its position as a hub for high-net-worth...
Jan 1, 2025
Xi projects 5% GDP growth for China in 2024
China’s gross domestic product is projected to grow around 5% in 2024, President Xi Jinping said, signaling the economy is on track to...
Jan 1, 2025
Ex-oil tycoon OK Lim declared bankrupt in Singapore
Former oil tycoon Lim Oon Kuin, founder of Hin Leong Trading, has been declared bankrupt in Singapore alongside his children, who were...
Dec 31, 2024
OCBC sells stake in Hong Kong Life Insurance for USD76m
OCBC has agreed to sell its 33.3% stake in Hong Kong Life Insurance to Yue Xiu Enterprises for HKD589.3m (USD76m). The stake, held...
Dec 31, 2024
Hong Kong Investment Co names managers for revived investor visa fund
Hong Kong Investment Corporation has named four fund managers and a service provider for the New Capital Investment Entrant Scheme, part...
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...
Dec 31, 2024
Vietnam’s big four banks report strong 2024 results
Vietnam’s four largest banks—BIDV, Vietcombank, VietinBank, and Agribank—reported positive preliminary results for 2024, with asset...
Dec 30, 2024
Private equity heavyweights battle for Japan’s Seven & i assets
KKR and Bain Capital offered more than USD5bn each in first-round bids for non-core assets of Seven & i Holdings, sources said. KKR...
Dec 30, 2024
Hong Kong banks chase relationship managers, due diligence & data professionals
Relationship managers, customer due diligence officers and data analysts rank among Hong Kong’s hottest roles, say human resource...
Dec 30, 2024
South Korean main business lobby solicits support for local economy
South Korea’s main business lobby has sent letters this week urging support for the Korean economy from 33 global counterparts amid...